FY2027 revenue guidance spans a wide range, making Q1 the first test of sales acceleration and the achievability of the earnings floor.

In FY2026, revenue was ¥229,293 million, operating profit was ¥43,905 million, and profit for the year attributable to owners of the parent was ¥35,401 million. Revenue increased 19.0% year on year and operating profit rose 57.7%. Core operating profit also expanded to ¥44.1 billion, and the company said both revenue and profit reached record highs. FY2026 guidance had called for revenue of ¥200.0 billion to ¥210.0 billion and core operating profit of ¥28.0 billion to ¥32.0 billion. Actual results therefore exceeded the upper end by ¥19.2 billion for revenue and ¥12.1 billion for core operating profit.

For FY2027, the company expects revenue of ¥260,000 million to ¥290,000 million and core operating profit of at least ¥45,000 million. Even the low end of the revenue range requires an increase of ¥30,707 million, or 13.4%, from FY2026 actual revenue, while the high end requires an increase of ¥60,707 million, or 26.5%. The lower end of the core operating profit target represents an increase of at least ¥0.9 billion, or at least 1.9%, from FY2026 core operating profit of ¥44.1 billion. Since the profit target is growing more slowly than revenue, FY2027 appears to be a plan to maintain profit levels while continuing to invest for growth.

The company is targeting double-digit revenue CAGR and core operating profit CAGR of at least 25% for the fiscal year ending June 2027, and says it achieved the core operating profit target one year ahead of schedule in FY2026. However, FY2027 full-year guidance is limited to consolidated revenue and core operating profit. The company has not disclosed segment-level profit plans, quarterly progress benchmarks, investment amounts, foreign exchange assumptions, or other underlying assumptions. In the next Q1, in addition to year-on-year sales growth, it will be necessary to assess how much each of Marketplace, Fintech, and US is expected to contribute to the full-year range, and how much Q1 margins are being pressured by growth investment.