*For more details, financial data in time series is available.

In the period under review, backed by the positive order situation, the Group engaged in strengthening 
the sales structure for Sansan and Bill One, as well as enhancing functions for each service, aiming for 
further growth of net sales. In Eight Business, the Group worked to further increase future profitability 
under its business policy focused on profitability. 

In the period under review, backed by the positive order situation, the Group engaged in strengthening the sales structure for Sansan and Bill One, aiming for further growth of net sales. In Eight Business, the Group worked to further increase future profitability under its business policy focused on profitability.

Consequently, results were strong in the period under review with net sales increasing 28.5% year on year, gross profit increasing 30.8% year on year, and a gross profit margin of 86.7%, up 1.5 percentage points year on year. Adjusted operating profit and ordinary profit also increased 136.5% year on year and 173.6% year on year, respectively, mainly due to an increase in net sales and a decline in the ratio of advertising expenses to net sales. Profit attributable to owners of parent increased 243.0% year on year due to the recording of a gain on sale of investment securities of \416 million in the second quarter.

(million yen)
2020/05 2021/05 2022/05 2023/05 2024/05 2025/05
FY 13,36216,18420,42025,51033,878-
3Q 9,67111,75314,70518,17724,23431,137
2Q 6,2947,6369,57711,82415,72620,058
1Q 3,1003,6674,5975,7147,5049,584

* Figures are shown on a cumulative basis.

(million yen)
2020/05 2021/05 2022/05 2023/05 2024/05 2025/05
FY 757 785 730 942 1,709
3Q 193 855 306 760 1,113 2,634
2Q 109 703 -89 65 522 828
1Q 248 193 -85 -227 143 207


* Operating profit+ share-based pay ment expenses+ expenses arising from business combinations (amortization of goodwill and amortization of intangible assets)
* Figures are shown on a cumulative basis.

(million yen)
2020/05 2021/05 2022/05 2023/05 2024/05 2025/05
FY 7577366311991,337-
3Q 1938232345397381,890
2Q 109686-133-70312183
1Q 248193-102-265120-325

* Figures are shown on a cumulative basis.

(million yen)
2020/05 2021/05 2022/05 2023/05 2024/05 2025/05
FY 4353759681221,224-
3Q 814797505016771,854
2Q 17454643-113268139
1Q 192101754-173110-329

* Figures are shown on a cumulative basis.

(million yen)
2020/05 2021/05 2022/05 2023/05 2024/05 2025/05
FY 339182857-141953-
3Q -944135757384941,697
2Q -91388573151172320
1Q 10685652-32531-372

* Figures are shown on a cumulative basis.

(yen)
2020/05 2021/05 2022/05 2023/05 2024/05 2025/05
FY 2.751.476.87-1.137.59-
3Q -0.763.324.615.913.9413.47
2Q -0.743.124.601.211.122.54
1Q 0.870.695.23-2.610.25-2.96

* As the Company conducted a four-for-one common stock split effective December 1, 2021, the EPS were calculated on the assumption that the stock was split at the beginning of the fiscal year ended May 31, 2018.

(yen)
2020/05 2021/05 2022/05 2023/05 2024/05 2025/05
FY 12,267 11,725 14,199 18,009 22,819
3Q 11,128 9,141 9,726 13,470 18,484 22,642
2Q 11,081 10,001 10,247 13,488 17,616 23,170
1Q 6,261 11,885 11,056 13,600 18,198 23,715

(yen)
2020/05 2021/05 2022/05 2023/05 2024/05 2025/05
FY 84.64 100.34 95.59 100.95 111.30
3Q 81.20 88.50 93.07 107.46 107.59 127.52
2Q 81.43 87.78 95.45 98.45 103.58 115.02
1Q 82.95 85.36 97.00 93.64 102.14 107.37

(times)
2020/05 2021/05 2022/05 2023/05 2024/05 2025/05
FY 16.1 20.6 10.7 16.9 14.5
Q3 15.4 25.7 10.7 14.3 16.6 16.1
Q2 17.6 17.9 32.8 17.0 14.9 18.3
Q1 15.8 16.2 30.3 14.2 14.2 20.4

* We implemented a stock split of common shares at a ratio of 4-for-1 on December 1, 2021. Therefore, net assets per share etc. are calculated on the assumption that said splitting of shares had been made at the beginning of FY2019.

2025/05
Q1
2025/05
Q2
2025/05
Q3
2025/05
Q4
Sansan/Bill One 8,653 17,743 27,412
Eight 851 2,135 3,460
Others 110 241 364
Adjustments -30 -62 -99
Total 9,584 20,058 31,137

* Figures are shown on a cumulative basis.

2025/05
Q1
2025/05
Q2
2025/05
Q3
2025/05
Q4
Sansan/Bill One 404 996 2,677
Eight -159 -115 39
Others -37 -53 -83
Total 207 828 2,634

* From the FY2024 (June 1, 2024), corporate expenses are allocated to each segment for disclosure.
* Figures are shown on a cumulative basis.