Earnings, deals and disclosures from Japan's listed services companies, in English.
The company raised net income guidance for the year ending December 2026 to ¥155mn from ¥104mn after saying it expects ¥76mn of extraordinary gains tied to a Tokyo High Court ruling. Revenue and operating-loss guidance were unchanged.
Def consulting reported ¥854.1mn in sales for the year to March 2026, but booked an ordinary loss of ¥2.15bn and a net loss of ¥2.15bn. Financing activities brought in ¥4.22bn while investing used ¥3.31bn, meaning the funding flows were far larger than the revenue line.
Nine-month net profit rose 14.6% to ¥834 million even as sales fell 5.4%, and full-year guidance was left unchanged. The board also approved a buyback of up to 106,700 shares worth ¥300.1 million via ToSTNeT-3.
First-half sales rose to ¥193.132 billion from ¥181.313 billion a year earlier, but ordinary income slipped to ¥6.197 billion and operating cash flow swung to a ¥3.428 billion outflow from a ¥1.367 billion inflow. A separate disclosure also points to about ¥6 billion of extraordinary loss in the third quarter tied to a Guam land purchase and lease cancellation.
The fitness operator lifted full-year revenue and profit guidance after saying member growth at existing clubs and new in-club services ran ahead of plan, while operating costs came in lighter. It also raised its year-end dividend forecast to ¥25 from ¥20, taking the annual dividend view to ¥51.
The eldercare operator raised full-year sales, operating profit and ordinary profit guidance after stronger facility occupancy and tighter cost control, but cut net-income guidance to ¥50 million from ¥250 million. The reason sits below the line: a ¥527 million extraordinary loss tied to the planned closure of Pleasant Luxe Minami-Aoyama.
Project revenue rose 89.0% to ¥11.51 billion and IFRS revenue climbed 141.8% to ¥5.94 billion in the year to April, while operating loss narrowed to ¥9.98 billion and net loss to ¥6.70 billion. Cash and equivalents fell to ¥10.02 billion from ¥21.30 billion, and the coming-year outlook is still a loss-making range rather than a clean turn to profit.
Revenue slipped 2.1% to ¥50.6 billion in the year ended April 2026, while operating profit fell 29.4% to ¥3.65 billion. The group still raised its annual dividend to ¥55 a share and plans to keep it there even as it guides for another profit decline this year.
After changing its year-end, Timee reported a six-month transition period with ¥21.0 billion in revenue and ¥3.81 billion in operating profit, while warning that direct comparison with the prior year is not meaningful. The platform still looks large, with more than 14.2 million registered workers, over 465,000 client locations and ¥69.5 billion in gross transaction value. New disclosures show where management wants the next leg of growth to come from: a summer rollout for long-term part-time hiring support, an expanded direct-recruiting model, a renamed logistics subsidiary and a planned finance arm.
The consultant posted ¥8.856 billion in first-quarter sales and ¥1.809 billion in operating profit, while keeping its full-year outlook intact. It is also preparing a 2026 application to move from the Growth Market to the Prime Market, though approval is far from guaranteed.
Japan M&A Solution kept revenue guidance for the year ending October 2026 at ¥990 million but raised operating profit to ¥178 million and net income to ¥143 million. Management attributed the margin jump to the first completed deal in its fund business and to savings from fuller use of its in-house AI buyer-search system, while stressing that the sales forecast is unchanged. First-half revenue rose 41.2% to ¥526.936 million, and the company says it had already exceeded its previous full-year profit targets by the end of the second quarter.
Atrae raised profit guidance without touching the sales line: revenue for the year to September stays at JPY 8.6bn, while operating profit rises to JPY 1.3bn from JPY 1.1bn and net profit to JPY 908m from JPY 756m. Management credits stronger higher-margin SMBC Wevox orders and lower-than-planned costs, and it lifted the annual dividend forecast to JPY 34 from JPY 33.
First-quarter revenue jumped 43% to JPY 825m and operating profit to JPY 164m from JPY 34m, led by new-graduate services, yet the company kept its full-year forecast at JPY 3.1bn of revenue and JPY 50m of operating profit. Office-move depreciation and continued investment in mond help explain why the guide still looks so cautious.
Artner's first quarter points to stubbornly tight demand for engineers serving auto-related and semiconductor-equipment customers. The group posted JPY 3,503m in sales with an 18.1% operating margin, while the parent-company supplement showed utilisation at 98.3%, an average billing rate of JPY 4,808 an hour and engineer headcount up 5.8% to 1,350. The accounting caveat remains: the year-on-year operating detail is from parent-company disclosures, not a fully comparable group series.
The cruise seller raised its year-end dividend forecast to JPY 26 a share from JPY 20 after lifting full-year earnings ranges, with sales now seen at JPY 2,850m to JPY 3,050m and net income at JPY 230m to JPY 260m. Management said a nearly sold-out May charter cruise and firm operator-hosted trip sales drove the better view.
GENDA is still buying growth faster than it is booking clean profit. First-quarter sales jumped 45.0% to JPY 49,702m, but GAAP operating income fell 79.2% to JPY 288m and the group swung to a JPY 752m net loss as depreciation, goodwill amortisation and financing costs rose; management kept full-year targets unchanged and kept steering investors toward adjusted EBITDA of JPY 4,612m. The filing still offered no quarterly cash-flow statement, which is mildly inconvenient when the pitch is "trust the adjusted numbers".
Asukanet's sales fell 2.2% to ¥7,102 million in the year to April 2026, but operating profit rose 125.6% to ¥391 million and net profit returned to ¥292 million from a loss a year earlier. Funeral revenue weakened, while photobook margins improved and aerial-display losses narrowed. Management is now targeting ¥10 billion in sales and ¥800 million in operating profit by the year ending April 2029, with M&A and future investment part of the plan. Last year proved the company can clean up the profit line; the next test is whether it can grow it.
Gakujo lowered revenue guidance for the year ending October to ¥12.0 billion from ¥13.3 billion and operating profit to ¥2.6 billion from ¥3.25 billion after interim revenue came in at ¥4.618 billion against a ¥5.1 billion forecast. Management said demand for young talent remains firm, but earlier recruiting schedules and listing-timing changes pushed more young-career sales into the second half, while systems and promotion spending continued.
Japan Ski Resort Development lifted nine-month sales 8.9% to ¥9.98 billion as inbound visitors hit a record 543,000, up 23.3%, and winter visits across eight ski areas held near last season's record at 1.88 million. Operating profit still fell 4.5% to ¥2.72 billion, while net profit was helped by a land sale at Iwatake, so the company kept its full-year outlook unchanged. Good slopes, less clean operating leverage.
Career Index and White Career paid a combined ¥225 million on June 3, which will lift the parent's standalone revenue for the year ending March 2027. Consolidated results do not change, because the cash came from consolidated subsidiaries.
The scaffolding and construction-services group lifted sales 2.8% to ¥11.139 billion in the year to April, but operating profit fell 27.5% to ¥268 million as hiring, training and overseas worker-related costs pushed the operating margin down to 2.4% from 3.4%. Management is guiding for ¥12.0 billion of sales and ¥280 million of operating profit this year, which is a recovery, just not a heroic one.
Hakuhodo DY says restructuring has already pushed adjusted margin above its March 2027 goal, but gross profit growth and ROE still lag. Management's plan for the current year leans on digital win rates, Digital Holdings synergies, a mid-3% domestic ad market and AI investment that raises system costs more than headcount.