LAYERED Inc., which builds online triage, booking and patient-management software for Japanese clinics, listed on the Tokyo Stock Exchange's Standard Market on 25 September and published its first earnings package alongside the debut. For the year to June 2026, non-consolidated revenue rose 35.6% to ¥1.98bn, operating profit rose 170.6% to ¥344mn, and net income rose 139.3% to ¥239mn.
LAYERED said the revenue increase was led by its recurring subscription business and its clinic-implementation fees. The company's "stock" revenue from monthly software fees reached ¥1.09bn, drawn from 5,929 client facilities using products such as the Symview web-questionnaire tool, the Wakumy booking system and the Kakarite patient-relationship platform, with churn at just 0.38% and average revenue per facility of ¥207,000. Implementation fees, covering both newly signed clinics and additional product rollouts at existing clients, added ¥626mn, and in-hospital digital-signage advertising brought in ¥260mn.
| Metric | Year to June 2025 | Year to June 2026 | Year to June 2027 (forecast) |
|---|---|---|---|
| Revenue (¥mn) | 1,461 | 1,980 | 2,474 |
| Operating profit (¥mn) | 127 | 344 | 458 |
| Ordinary profit (¥mn) | 128 | 337 | 432 |
| Net income (¥mn) | 100 | 239 | 305 |
Guidance for the year to June 2027 calls for revenue of ¥2.47bn, up 24.9%, operating profit of ¥458mn, up 33.1%, and net income of ¥305mn, up 27.5%, as the client base grows to 7,627 facilities. Advertising revenue bucks the trend: the company forecasts it slipping 3.5% to ¥250mn, based on advertising orders already booked and its broadcast schedule for in-hospital signage slots.
The listing came with a public offering of 600,000 shares priced to the public at ¥1,400 a share, with a payment amount of ¥1,147.50 a share, plus a third-party allotment of up to 127,500 shares to SBI Securities tied to its over-allotment sale, due to settle 21 October at ¥1,288 a share. Calculated on the share count outstanding before that offering, LAYERED's earnings-per-share guidance is ¥135.82, up from ¥106.53 the year before, and the company paid no dividend in the two years to June 2025 and June 2026, with none planned for the year to June 2027.
One catch on a debut filing: the year-to-June-2026 financial statements in this disclosure have not yet been audited under Japan's Financial Instruments and Exchange Act, and LAYERED says it has not received an audit report. Its annual securities report is due 29 September, four days after listing.