note, the Tokyo Growth-listed creator platform, reported operating profit of ¥849mn for the nine months from December 2025 to August 2026, against ¥127mn a year earlier, in its third-quarter earnings summary released on 6 October. Sales rose 33.2% to ¥4.06bn.
Platform still carries the profit
The media platform segment, which covers the note service, the note pro corporate publishing product and corporate services, booked sales of ¥3.74bn, up 24.9%, and segment profit of ¥886.9mn. Within it, note sales rose 21.8% and note pro sales rose 32.1% to ¥626.4mn. Annual recurring revenue at note pro reached ¥839mn at the end of August, up 29.5%. Gross transaction value on the note service in the third quarter alone was ¥6.55bn, up 18.3%. That is a platform volume measure, not revenue.
The AI segment is small and new
The company began reporting an AI-related segment this fiscal year, after starting the business in the first quarter. It posted sales of ¥250.7mn and segment profit of ¥28mn. The business centres on a generative-AI project selected under the GENIAC programme run by the trade ministry and the research agency NEDO. There is no prior-year comparison, because the segment did not exist. The IP and content creation segment lost ¥24.7mn on sales of ¥71.3mn.
Below the operating line
Ordinary profit was ¥858mn and profit attributable to owners of the parent was ¥994mn, up 368.1%. Net profit exceeded ordinary profit because income taxes were a net credit of ¥136mn.
The full-year forecast is unchanged from the upgrade announced on 7 July: sales of ¥5.65bn, operating profit of ¥1.1bn and net profit of ¥1.2bn. The company calls nine-month results on track.