Confirming the FY2027 year ending June growth plan is taking hold in Q1

FY2027 Q1 covers the three months from July through September 2026. The latest FY2026 Q1 results were sales of ¥588 million, operating profit of ¥24 million, ordinary profit of ¥13 million and quarterly net income attributable to owners of the parent of ¥7 million. The first step is to assess whether FY2027 Q1 maintained year-on-year sales growth and operating profit growth against these prior-year results.

For FY2026 as a whole, sales were ¥2.765 billion, up 15.3% year on year, operating profit was ¥25 million, ordinary profit was ¥2 million, and net loss attributable to owners of the parent was ¥35 million. The FY2027 full-year plan calls for sales of ¥3.000 billion, operating profit of ¥100 million, ordinary profit of ¥90 million and net income of ¥50 million. Sales are expected to increase by only ¥235 million, or 8.5%, while operating profit is expected to rise ¥75 million and ordinary profit ¥88 million, making margin improvement as important as sales scale in Q1.

Cumulative FY2026 sales were ¥588 million in Q1, ¥1.332 billion through Q2, ¥2.114 billion through Q3 and ¥2.765 billion for the full year. A simple even allocation of the FY2027 full-year sales target of ¥3.000 billion would imply a Q1 benchmark of ¥750 million, but the company explains that sales and profit tend to be weighted toward the second half because of customers' fiscal year-end timing and its fixed-cost structure. ¥750 million should therefore not be treated as an official performance threshold.

In the next earnings release, we will check the change from the prior-year quarter's ¥588 million, actual progress toward the full-year forecast of ¥3.000 billion, and the level of sales and operating profit required in the second half. In particular, it will be important to assess how much Q1 profit has accumulated against the full-year operating profit target of ¥100 million, whether the full-year forecast has been revised as it was in FY2026, and how quantitatively the company explains the contribution of the consolidated effect of メイズ and new services.