Initial progress toward the FY2027 forecast of ¥620 million in revenue and ¥50 million in operating profit

For the fiscal year ended June 2026, revenue was ¥543.871 million, operating profit was ¥41.119 million, ordinary profit was ¥44.992 million, and net income was ¥42.530 million, resulting in profitability at the operating, ordinary and bottom-line levels. For the fiscal year ending June 2027, the company forecasts revenue of ¥620.000 million, operating profit of ¥50.342 million, ordinary profit of ¥50.000 million, and net income of ¥44.000 million. The plan assumes year-on-year growth of 14.0% in revenue and 22.4% in operating profit.

The most important issue in the next FY2027-Q1 is not simply whether the company achieves one quarter of its full-year target, but how the business is getting off the ground, taking comparability with the prior-year quarter into account. FY2026-Q1 recorded revenue of ¥95 million and an operating loss of ¥29 million, but the company shifted to standalone reporting from FY2026-Q4 following the liquidation of its Beijing subsidiary. FY2027-Q1 will therefore be a normal quarter on a standalone basis, while the prior-year quarter may include the impact of consolidated subsidiaries. It will be necessary to assess not only year-on-year changes in revenue and profit, but also differences in the consolidation scope and their monetary impact.

Cumulative FY2026-Q2 revenue was ¥205.400 million, with an operating loss of ¥25.305 million, while cumulative FY2026-Q3 revenue was ¥366.778 million, with operating profit recovering to ¥4.818 million. For the full year, operating profit of ¥41.119 million was secured through a significant build-up in FY2026-Q4. In FY2027-Q1, the key issue will be whether this profit improvement was merely a temporary concentration at the end of the fiscal year or whether it is repeatable, including in terms of gross margin and selling, general and administrative expenses.

The company has indicated revenue of ¥620.000 million and operating profit of ¥50.342 million for the fiscal year ending June 2027, but the materials currently available do not disclose quarterly forecasts or the minimum revenue and profit levels required in FY2027-Q1. In the next report, revenue from contract development, licensing revenue, operating profit and operating margin should be disclosed on a standalone basis, so that the improvement from the ¥29 million operating loss in FY2026-Q1 can be assessed.