First consolidated quarter to focus on contributions from ブログウォッチャー and integration costs

The company began preparing consolidated financial statements from FY2026. For ブログウォッチャー, the deemed acquisition date was set as 30 June 2026, so only its balance sheet was consolidated in FY2026. As a result, FY2027-Q1 will provide the first important basis for comparison in which ブログウォッチャー’s revenue, operating expenses and operating income or loss from July 2026 onward are reflected in quarterly results. The acquisition consideration was ¥748 million, and ¥750 million was borrowed as part of the acquisition financing.

The company’s consolidated forecast for the fiscal year ending June 2027 is revenue of ¥8,000 million, operating income of ¥556 million, ordinary income of ¥554 million and net income attributable to owners of the parent of ¥381 million. Within this forecast, standalone unerry is expected to generate revenue of ¥6,500 million and operating income of ¥650 million, while ブログウォッチャー is expected to generate revenue of ¥1,500 million and an operating loss of ¥46 million over the nine months from the second quarter onward. Accordingly, the focus is not only on revenue growth from consolidation, but also on whether the company can absorb the subsidiary’s losses and acquisition-related expenses and achieve consolidated operating income of ¥556 million.

Goodwill arising from the acquisition of ブログウォッチャー is reported at ¥497 million, with ¥46 million of goodwill amortization expected for the nine months of the fiscal year ending June 2027. At the end of the fiscal year ended June 2026, consolidated total assets were ¥4,188 million, net assets were ¥2,365 million and the equity ratio was 56.4%. Standalone unerry’s equity ratio before the consolidation was in the 73% range, so the assessment of financial metrics will change after consolidation to reflect borrowings, goodwill and the subsidiary’s working capital.

At the next earnings release, it will be necessary, to the extent possible, to distinguish not only consolidated revenue but also ブログウォッチャー’s standalone revenue and operating income or loss, goodwill amortization, intercompany transaction eliminations and PMI-related expenses. In particular, we will assess the extent to which ブログウォッチャー’s operating loss has progressed against the ¥46 million nine-month forecast as of Q1, whether integration-driven reductions in development and operating costs are reflected in the figures, and whether the full-year forecasts of ¥8,000 million in revenue and ¥556 million in operating income are maintained.