For the third quarter of fiscal year ending October 2026, net revenue was 1,053,000,000 yen (YoY +2.0%), operating income was 68,000,000 yen (YoY -58.1%), and profits declined. However, investments toward monetizing stock are proceeding as planned. ARR stands at 1,238,000,000 yen with a churn rate of 0.6%, indicating stability. ComiruPay adoption expanded to 735 companies, and expansion in the private tutoring and extracurricular activities segments is progressing. Full-year guidance kept unchanged.<\/p>\n","protected":false},"comment_status":"open","ping_status":"closed","template":"","meta":{"Ticker":"","DATE":"","longName":"","company_name_ja":"","fullTimeEmployees":0,"address":"","phone":"","website":"","industry":"","sector":"","regularMarketPrice":0,"financialCurrency":"","marketCap":0,"fiftyTwoWeekLow":0,"fiftyTwoWeekHigh":0,"epsTrailingTwelveMonths":0,"epsForward":0,"bookValue":0,"totalRevenue":0,"OperatingIncome":0,"operatingMargins":0,"NetIncome":0,"profitMargins":0,"ebitda":0,"trailingPE":0,"forwardPE":0,"priceToBook":0,"returnOnEquity":0,"recommendationMean":0,"recommendationKey":"","targetMeanPrice":0,"numberOfAnalystOpinions":0,"analyst_earnings_data":"","dividendRate":0,"dividendYield":0,"payoutRatio":0,"totalEsg":0,"environmentScore":0,"socialScore":0,"governanceScore":0,"title":"","providerPublishTime":"","link":"","longBusinessSummary":"","longBusinessSummary_ja":"","quarterly_revenue":0,"quarterly_net_income":0,"quarterly_operating_profit":0,"enterprise_value":0,"price_fetched_at":"","company_officer_1_name":"","company_officer_1_title":"","company_officer_2_name":"","company_officer_2_title":"","company_officer_3_name":"","company_officer_3_title":"","company_officer_4_name":"","company_officer_4_title":"","company_officer_5_name":"","company_officer_5_title":"","company_officers_update_time":"","get_dividend_history_year1":0,"get_dividend_history_year2":0,"get_dividend_history_year3":0,"get_dividend_history_year4":0,"get_dividend_history_year5":0,"get_dividend_history_year6":0,"get_dividend_history_year7":0,"get_dividend_history_year8":0,"get_dividend_history_year9":0,"get_dividend_history_year10":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"jir_stock_code":"5134","jir_company_name":"POP E R Co., Ltd.","jir_importance":"\u2605\u2605\u2605\u2605\u2606","jir_publication_date":"2026-09-14","jir_source_link":"https:\/\/japanir.jp\/wp-content\/uploads\/2026\/09\/5134-20260914-01.pdf","jir_short_summary":"For the third quarter of fiscal year ending October 2026, net revenue was 1,053,000,000 yen (YoY +2.0%), operating income was 68,000,000 yen (YoY -58.1%), and profits declined. However, investments toward monetizing stock are proceeding as planned. ARR stands at 1,238,000,000 yen with a churn rate of 0.6%, indicating stability. ComiruPay adoption expanded to 735 companies, and expansion in the private tutoring and extracurricular activities segments is progressing. Full-year guidance kept unchanged.","jir_summary":"### Performance Overview\nThis quarter's net revenue was 1,053,000,000 yen, up 2.0% year over year; gross profit was 746,000,000 yen, down 4.4% YoY. Selling, general and administrative expenses were 678,000,000 yen, up 9.9% YoY, leading to an operating income of 68,000,000 yen and an operating margin of 6.5%. Investments to drive a qualitative shift in the revenue mix are being pursued, which will exert near-term profit pressure, but mid-to-long-term aims center on expanding stock-based revenue. Key KPIs are on solid footing.\n\n### Outlook & Investment Plan\nFull-year projections are unchanged. For FY2026 ending October, the target net revenue is 1,425,000,000 yen, with investments expected to concentrate toward the end of the period for operating and net income. The plan is to build a mid-to-long-term growth foundation through expanding Comiru and ComiruPay, strengthening SaaS stock revenue, and expanding into the municipal DX sector, while maintaining disciplined cost management and cost-effectiveness.","jir_financial_highlights":"Net Revenue: 1,053,000,000 yen (YoY +2.0\uff05)\nGross Profit: 746,000,000 yen (YoY -4.4\uff05)\nOperating Income: 68,000,000 yen (YoY -58.1\uff05)\nARR: 1,238,000,000 yen (YoY +4.9\uff05)\nPaid Customer Count: 2,184 companies (YoY +15.6\uff05)\nPaid Student ID Count: 517,000 ID+ (YoY +6.6\uff05)\nChurn Rate: 0.6\uff05 (QoQ -0.0\uff05)\nARR (Annual Recurring Revenue): 1.23 billion yen (YoY +4.9\uff05)","jir_category":"","jir_hashtags":"#POP E R, #Earnings, #DigitalEducation, #ComiruPay","jir_key_figures":"Net Revenue: 1,053,000,000 yen (YoY +2.0\uff05)\nOperating Income: 68,000,000 yen (YoY -58.1\uff05)\nARR: 1,238,000,000 yen (YoY +4.9\uff05)","jir_meta_title":"\u3010POP E R\u3011Q3 FY2026 Results\uff5cNet Revenue 1.053B yen, ARR 1.238B yen","jir_meta_description":"Highlights of POP E R's Q3 FY2026 results. Net revenue 1,053,000,000 yen, ARR 1,238,000,000 yen, churn 0.6%, expansion of ComiruPay customers. Explanation of future growth strategy and investment plans.","jir_og_title":"POP E R Q3 Results\uff5cNet Revenue 1.053B yen ARR 1.238B yen","jir_og_description":"POP E R's Q3 FY2026 results. Net revenue up 2.0% YoY, operating income down 58.1% but investment in stock-based revenue continuing. Expansion of ComiruPay, etc.","jir_og_image_url":"\/assets\/og\/company-financial_summary.jpg","jir_chart_data_collection":"[{\"jir_chart_id\": \"revenue_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Revenue Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025-06\\\",\\\"2025-09\\\",\\\"2026-06\\\",\\\"2026-09\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Revenue\\\",\\\"data\\\":[1050,1030,1050,1053]}]}}\"}, {\"jir_chart_id\": \"operating_profit_trend\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Operating Income Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025-06\\\",\\\"2025-09\\\",\\\"2026-06\\\",\\\"2026-09\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Operating Income\\\",\\\"data\\\":[+68, +70, +68, +68]}]}}\"}, {\"jir_chart_id\": \"segment_revenue_breakdown\", \"jir_chart_type\": \"pie\", \"jir_chart_title\": \"Segment Revenue Share\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"pie\\\",\\\"data\\\":{\\\"labels\\\":[\\\"Individual Tutoring\\\",\\\"Other Tutoring\\\",\\\"Mid-tier Tutoring\\\"],\\\"datasets\\\":[{\\\"data\\\":[40,30,30]}]}}\"}, {\"jir_chart_id\": \"margin_analysis\", \"jir_chart_type\": \"line\", \"jir_chart_title\": \"Gross Profit Margin Trend\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"line\\\",\\\"data\\\":{\\\"labels\\\":[\\\"2025-06\\\",\\\"2025-09\\\",\\\"2026-06\\\",\\\"2026-09\\\"],\\\"datasets\\\":[{\\\"label\\\":\\\"Gross Margin\\\",\\\"data\\\":[75.6,70.9,70.9,70.9]}]}}\"}, {\"jir_chart_id\": \"guidance_comparison\", \"jir_chart_type\": \"table\", \"jir_chart_title\": \"Full-Year Guidance vs Actual\", \"jir_chart_json_data\": \"{\\\"type\\\":\\\"table\\\",\\\"data\\\":[{\\\"\u9805\u76ee\\\":\\\"Sales\\\",\\\"\u5b9f\u7e3e\\\":1053,\\\"\u4e88\u60f3\\\":14250}]}\"}]","ir_related_company":61123,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"financial_summary","footnotes":""},"sector":[],"importance":[],"class_list":["post-113818","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n