Fiscal Year Ending December 2026 Third Quarter Financial Summary [Japanese GAAP] (Consolidated)

Performance Overview

For the third quarter of the current fiscal year, revenue was 1,258,462 thousand yen, showing a significant increase year-over-year. However, operating loss was 121,853 thousand yen, ordinary loss was 119,975 thousand yen, and quarterly net loss was 230,034 thousand yen, so losses continue. By segment, the Media segment remained profitable and IP & Commerce turned profitable, but the company as a whole remains in a loss position. The scope of consolidation expanded with the consolidation of PWAN and musica lab. Supplementary explanatory materials for the financial results are available.

Outlook and Challenges

Under current assumptions, the company has not disclosed a full-year earnings forecast, avoiding reasonable estimation due to many uncertainties. Going forward, the company aims to achieve operating profitability early by strengthening sales capabilities in IP & Commerce and Media, launching new AI/DX-related services, and acquiring new revenue in collaboration with partner companies. There are no concerns about funding; although the equity ratio has declined, the company has secured funding means and believes there is no doubt about the going concern assumption.