Financial Results Presentation for Q2 Fiscal Year Ending May 2026

Q2 Cumulative Results Highlights

Net sales grew steadily by 26.5% YoY to ¥25,381 million, and ARR increased 23.4% YoY to ¥45,912 million. Adjusted operating income surged 265.2% YoY to ¥3,024 million, achieving a record-high profit for the first half. Bill One, the accounting AP service, maintained strong growth with net sales up 41.3% YoY, and the quarterly net increase in MRR also reached an all-time high.

Overview of Operating Results and Segment Performance

Net sales increased 25.1% YoY to ¥13,098 million, and adjusted operating income jumped 294.0% YoY to ¥2,446 million, a substantial profit increase. The Sansan / Bill One segment posted net sales up 25.8% YoY to ¥11,435 million, with adjusted operating income rising 287.4% to ¥2,294 million. The Eight segment also performed well, with net sales increasing 26.5% and adjusted operating income up 336.9%. The significant rise in adjusted operating income was driven by reductions in various expense ratios.

Full-Year Earnings Guidance

Performance through Q2 is progressing smoothly against the full-year guidance, with no revisions to the initial forecast. Full-year net sales are expected between ¥52,707 million and ¥54,003 million (22.0% to 25.0% YoY increase), and adjusted operating income is forecast between ¥6,851 million and ¥8,640 million (92.7% to 143.0% YoY increase). Over the three-year period ending May 2027, the company aims for a revenue CAGR of 22% to 27%, with an adjusted operating margin ranging from 18% to 23%.