Worth reading
64In focus
Scored from 3 of 6 sectionsDirection
Deterioration
Direction inferred from the company’s description.Scale
-8.9
Year-on-year change in operating profit (%)Wording
Definitive
How definitive the wording is.Results for this period
Interim period (second quarter)1 April 2026–30 September 2026Non-consolidated (standalone)Japanese GAAPNet Sales13,811,896Thousands of yenYear on year -0.3%
Operating profit482,215Thousands of yenYear on year -8.9%
Ordinary income517,438Thousands of yenYear on year -7.8%
Net income attributable to owners of the parent354,980Thousands of yenYear on year -10.5%
The width of the band at each stage is based on revenue. The narrower it becomes toward the bottom, the smaller the proportion of revenue that remains as profit.
Financial position at period-end
Total assets19,960,837Thousands of yen
of which net assets 15,760,589 Thousands of yen
The shaded area represents net assets as a proportion of total assets. It is calculated from the two amounts reported by the company.
Cash inflows and outflows
Operating-251,570
Investment-126,308
Financials-736,630
Net change-1,114,508
Stacked from zero: upward is an increase in cash, downward a decrease (in Thousands of yen).The net change represented by the dotted line is the total of three items, calculated from figures provided by the company.
Cash and cash equivalents at end of period5,812,918 Thousands of yen
Segment revenueDirect mail business 11,437,073 Thousands of yen (YoY -0.9%), Logistics 1,548,174 Thousands of yen (YoY +17.1%), Sales Promotion Business 158,920 Thousands of yen (YoY -11.4%), Events Business 614,737 Thousands of yen (YoY -18.9%), Leasing Business 52,990 Thousands of yen (YoY -10.0%)
Segment profitDirect mail business 940,581 Thousands of yen (YoY +22.4%), Logistics 62,263 Thousands of yen, Sales Promotion Business 13,790 Thousands of yen (YoY -82.0%), Events Business 25,262 Thousands of yen (YoY -49.5%), Leasing Business 26,253 Thousands of yen (YoY -10.3%)
Outlook and shareholder returns
Full-year earnings forecast
Net SalesNot disclosed
Operating profitNot disclosed
Ordinary incomeNot disclosed
Net incomeNot disclosed
RemarksThere is no change to the earnings forecast announced on 15 May 2026.
Revision to Earnings ForecastNet Sales No change / Operating profit No change / Ordinary income No change / Net income No change
Factors Behind Changes in Business Performance
Recognition of research and development expenses related to physical AI. The direct mail business benefited from expanded transaction contacts with existing customers, new orders and increased sales from some high-margin projects. The logistics business saw steady e-commerce shipments. The sales promotion business focused on support services leveraging call center and back-office functions, while the events business focused on operations and security services for sales promotion and sports events.
Disclosure regarding the going concern assumption
None.
Breakdown of extraordinary income (loss)Extraordinary income Gain on sale of non-current assets 499 Thousands of yen, Gain on sale of investment securities 111 Thousands of yen / Extraordinary loss Loss on disposal of non-current assets 95 Thousands of yen
Depreciation and amortization150,156 Thousands of yen
Treasury Shares at Period-End1,818,918
| Item | Details |
|---|---|
| Fiscal Period Classification | Interim period (second quarter) |
| Accounting standards | Japanese GAAP |
| Consolidated / non-consolidated | Non-consolidated (standalone) |
| Period Covered | 1 April 2026–30 September 2026 |
| Net Sales | 13,811,896 Thousands of yen (YoY -0.3%) |
| Operating profit | 482,215 Thousands of yen (YoY -8.9%) |
| Ordinary income | 517,438 Thousands of yen (YoY -7.8%) |
| Profit attributable to owners of the parent | 354,980 Thousands of yen (YoY -10.5%) |
| Total assets | 19,960,837 Thousands of yen |
| Net assets | 15,760,589 Thousands of yen |
| Cash flows from operating activities | -251,570 Thousands of yen |
| Cash flows from investing activities | -126,308 Thousands of yen |
| Cash flows from financing activities | -736,630 Thousands of yen |
| Cash and cash equivalents at end of period | 5,812,918 Thousands of yen |
| Full-year earnings forecast | Net Sales Not disclosed / Operating profit Not disclosed / Ordinary income Not disclosed / Net income Not disclosed / Remarks There is no change to the earnings forecast announced on 15 May 2026. |
| Revision to Earnings Forecast | Net Sales No change / Operating profit No change / Ordinary income No change / Net income No change |
| Segment revenue | Direct mail business 11,437,073 Thousands of yen (YoY -0.9%), Logistics 1,548,174 Thousands of yen (YoY +17.1%), Sales Promotion Business 158,920 Thousands of yen (YoY -11.4%), Events Business 614,737 Thousands of yen (YoY -18.9%), Leasing Business 52,990 Thousands of yen (YoY -10.0%) |
| Segment profit | Direct mail business 940,581 Thousands of yen (YoY +22.4%), Logistics 62,263 Thousands of yen, Sales Promotion Business 13,790 Thousands of yen (YoY -82.0%), Events Business 25,262 Thousands of yen (YoY -49.5%), Leasing Business 26,253 Thousands of yen (YoY -10.3%) |
| Depreciation and amortization | 150,156 Thousands of yen |
| Breakdown of extraordinary income (loss) | Extraordinary income Gain on sale of non-current assets 499 Thousands of yen, Gain on sale of investment securities 111 Thousands of yen / Extraordinary loss Loss on disposal of non-current assets 95 Thousands of yen |
| Disclosure regarding the going concern assumption | None. |
| Treasury Shares at Period-End | 1,818,918 |
| Factors Behind Changes in Business Performance | Recognition of research and development expenses related to physical AI. The direct mail business benefited from expanded transaction contacts with existing customers, new orders and increased sales from some high-margin projects. The logistics business saw steady e-commerce shipments. The sales promotion business focused on support services leveraging call center and back-office functions, while the events business focused on operations and security services for sales promotion and sports events. |
Items this document does not state (15)
Net income per shareOperating MarginEquity ratioAnnual Dividend ForecastPayout ratioShareholder Return PolicyRegional salesOrders received and order backlogImpairment lossChange in accounting policyChanges in the scope of consolidationMaterial subsequent eventsAvailability of Supplementary Financial Results MaterialsAvailability of Financial Results BriefingIssued Shares at Period-End
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.Operating profit decreased due to the recognition of research and development expenses related to physical AI. Ordinary profit declined despite an increase in non-operating income and a decrease in non-operating expenses, while interim net income decreased as tax expense was recorded at ¥162 million.
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.