KOMPEITO, which runs the installed office fresh-food subscription service OFFICE DE YASAI, listed on the Tokyo Stock Exchange's Growth market on September 11, 2026, and released an earnings forecast alongside the listing. The numbers show a company crossing from loss into profit: revenue of ¥9.87bn for the year through August 2026, up 72% from ¥5.74bn a year earlier, operating profit of ¥880mn against an operating loss of ¥225mn, and net profit of ¥1.13bn against a net loss of ¥161mn. The nine months to May had already turned positive, with revenue of ¥7.05bn and operating profit of ¥671mn.
| Period | Revenue | Operating profit/loss | Net profit/loss |
|---|---|---|---|
| Year to August 2025 (actual) | ¥5.74bn | -¥225mn | -¥161mn |
| Nine months to May 2026 (actual) | ¥7.05bn | ¥671mn | ¥554mn |
| Year to August 2026 (forecast) | ¥9.87bn | ¥880mn | ¥1.13bn |
KOMPEITO attributes the swing mainly to advertising and customer-acquisition costs shrinking as a share of sales, from 20.3% to 13.5%, as its subscriber base compounds. The forecast assumes 7,052 contracted companies by year-end, up 41.3%, annual recurring revenue of ¥9.64bn (up 54.1%), average revenue per client of ¥1.36mn a year (up 8.8%), and monthly churn falling to 1.2% from 1.4%. Within that total, the chilled OFFICE DE YASAI line is forecast to bring in ¥5.12bn (51.8% of revenue) and the frozen meal-plan line ¥3.39bn (34.3%). Much of the new business runs through regional banks and credit unions that refer corporate clients: partner institutions rose from 73 to 81 over the year, and that channel is expected to supply about 64% of the 2,907 new accounts. The company also cites a policy tailwind: Japan's tax-exempt cap on employer-provided meal benefits rose from ¥3,500 to ¥7,500 a month for meals given from April 2026, which it says should support demand.
The pitch to investors leans on an asset-light structure: KOMPEITO outsources manufacturing to 55 partner companies and picking to seven regional centers, while relying on 270 partner-sales companies to generate leads across all 47 prefectures.
The profit forecast also benefits from a temporary tax position. Because KOMPEITO's capital stays at or below ¥100mn, it qualifies for the smaller-company corporate tax rate, and it can use its accumulated loss carryforwards in full, both of which cut its effective tax burden for this year only. The company has no dividend plan, saying it wants to keep prioritizing growth investment.
The listing also marked a partial exit for KOMPEITO's venture backer. JIC Venture Growth Fund 1, a venture investment fund, held 10,495 voting units (1,049,580 shares, 10.66% of voting rights, the second-largest stake) as of August 12. After the public offering and the fund's own secondary sale tied to the listing, its holding fell to 2,637 units (263,780 shares, 2.66%, seventh-largest) as of September 11. The fund also lent 114,100 shares to SBI Securities through October 15, 2026, to cover a possible over-allotment in the offering. KOMPEITO said the shareholder change carries no notable implications for its management or operating results.