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

In the fiscal year 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 fiscal year under review, with net sales and gross profit increasing 27.5% and 29.8%, respectively, year on year (with a gross profit margin of 86.6%). In addition to the increase in net sales and improvement in gross profit margin, adjusted operating profit grew 108.0% year on year, mainly due to a decline in the ratio of personnel expenses to net sales resulting from a decrease in the number of new hires compared to the previous fiscal year. Ordinary profit also rose 124.1% year on year. Meanwhile, profit attributable to owners of parent decreased 55.5% year on year, due to the recording of provision for loss on share sale contract of ¥2,301 million in extraordinary losses, as announced on May 22, 2025, in the “Notification Regarding Additional Acquisition of Preferred Stock of and Termination of the Capital and Business Alliance with Unipos Inc., and Booking of Loss Arising from Transfer of Investment Securities (Extraordinary Loss).”

(million yen)
2020/05 2021/05 2022/05 2023/05 2024/05 2025/05
FY 13,36216,18420,42025,51033,87843,202
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 3,555
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 7577366311991,3372,800
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 4353759681221,2242,743
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 339182857-141953424
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 2.751.476.87-1.137.593.36
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 31,943
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 95.59 100.95 111.30 118.29
3Q 81.20 88.50 93.07 107.46 107.59 127.53
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 17.0
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 37,785
Eight 851 2,135 3,460 5,051
Others 110 241 364 512
Adjustments -30 -62 -99 -147
Total 9,584 20,058 31,137 43,202

* 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 3,581
Eight -159 -115 39 63
Others -37 -53 -83 -89
Total 207 828 2,634 3,555

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