Worth reading
65In focus
Scored from 4 of 6 sectionsDirection
Mixed performance
Direction inferred from the company’s description.Scale
-3.8
Year-on-year revenue growth (%)Wording
Conditional
How definitive the wording is.Contents of this document
Financial results presentationFirst quarter of the fiscal year ending March 20277 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net Sales¥6,547 million-3.8%
Operating profit¥299 million+27.3%
Net income¥222 million+15.4%
Results for the three months of the current quarter
Net Sales
¥6,547 million
Operating profit
¥299 million
Quarterly net income
¥222 million
Full-year earnings forecast
Net Sales
¥30,700 million
Operating profit
¥1,530 million
Ordinary income
¥1,590 million
Net income for the current fiscal year
¥1,100 million
What the company explained in this material
Breakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Provision of High-Value-Added Services
- Mechanization and labor savings at logistics sites
- Price negotiations
- Postponement of promotional projects by some customers
- Downsizing of certain projects and the absence of one-off projects
The company identifies the factors but does not state the amount attributable to each one.
Assumptions Underlying the Business OutlookThe assumptions used by the company in preparing its forecast.
- Direct mail market size (postage basis)94.6 Year-on-year %
- Prices and stable procurement of naphtha feedstock and direct mail packaging materials
New initiatives
- Rollout of proprietary system products developed in-house that create synergies with existing businesses in the digital field
- Mechanization and labor savings in the logistics business
- Digitalization through the use of AI in the sales promotion business
Key KPIsA metric the company considers important as a management benchmark.
- Annual mail volume handledMore than 300 million pieces
- Direct mail market size (postage basis)94.6 Year-on-year %
Segment results
Direct mail business
Net Sales
¥5,452 million-5.6%
Segment profit
¥462 million+24.7%
Logistics
Net Sales
¥758 million+17.5%
Segment profit
¥18 million
Sales Promotion Business
Net Sales
¥69 million-24.3%
Segment profit
¥6 million-78.9%
Events Business
Net Sales
¥242 million-8.0%
Segment profit
¥14 million-18.3%
Medium-term management plan targets
Target fiscal yearFiscal year ending March 2027
Net Sales
¥28,000 million
Operating profit
¥1,300 million
Net income
¥900 million
Comparison with actual resultsRevenue and profit targets achieved one year ahead of schedule
Market Size / Share
Direct mail market size94.6% year on year (postage basis)
| Item | Details |
|---|---|
| Document type | Financial results presentation |
| Fiscal Period Covered | First quarter of the fiscal year ending March 2027 |
| Net Sales | ¥6,547 million (YoY -3.8%) |
| Operating profit | ¥299 million (YoY +27.3%) |
| Net income | ¥222 million (YoY +15.4%) |
| Results for the three months of the current quarter | Net Sales ¥6,547 million / Operating profit ¥299 million / Quarterly net income ¥222 million |
| Full-year earnings forecast | Net Sales ¥30,700 million / Operating profit ¥1,530 million / Ordinary income ¥1,590 million / Net income for the current fiscal year ¥1,100 million |
| Segment results | Direct mail business Net Sales ¥5,452 million (YoY -5.6%) / Segment profit ¥462 million (YoY +24.7%) / Logistics Net Sales ¥758 million (YoY +17.5%) / Segment profit ¥18 million / Sales Promotion Business Net Sales ¥69 million (YoY -24.3%) / Segment profit ¥6 million (YoY -78.9%) / Events Business Net Sales ¥242 million (YoY -8.0%) / Segment profit ¥14 million (YoY -18.3%) |
| Breakdown of Factors Affecting the Change | Factors Provision of High-Value-Added Services / Amount Not disclosed, Factors Mechanization and labor savings at logistics sites / Amount Not disclosed, Factors Price negotiations / Amount Not disclosed, Factors Postponement of promotional projects by some customers / Amount Not disclosed, Factors Downsizing of certain projects and the absence of one-off projects / Amount Not disclosed |
| Key KPIs | Annual mail volume handled More than 300 million pieces, Direct mail market size (postage basis) 94.6 Year-on-year (%) |
| Assumptions Underlying the Business Outlook | Direct mail market size (postage basis) 94.6 Year-on-year (%), Prices and stable procurement of naphtha feedstock and direct mail packaging materials 非開示 |
| Medium-term management plan targets | Target fiscal year Fiscal year ending March 2027 / Net Sales ¥28,000 million / Operating profit ¥1,300 million / Net income ¥900 million / Comparison with actual results Revenue and profit targets achieved one year ahead of schedule |
| Market Size / Share | Direct mail market size 94.6% year on year (postage basis) / Share Not disclosed |
| New initiatives | Rollout of proprietary system products developed in-house that create synergies with existing businesses in the digital field, Mechanization and labor savings in the logistics business, Digitalization through the use of AI in the sales promotion business |
Items this document does not state (17)
Ordinary incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesProgress against full-year forecastSelf-assessment against the planUnit price and quantity metricsNumber of stores and locationsNumber of employeesRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogKey points of the Q&A
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.On the revenue side, the size and timing of orders for individual projects were volatile. In the direct mail business, some customers postponed promotional projects, while the sales promotion and events businesses were affected by the downsizing of certain projects and the absence of one-off projects recorded in the same period of the previous year. On the profit side, higher-value-added services, mechanization and labor savings at logistics sites, and successful price negotiations contributed positively.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.