Earnings, deals and disclosures from Japan's listed tech & telecom companies, in English.
Sales in the year to April rose 2.7% to ¥9,183 million and ordinary profit edged up to ¥2,170 million, but operating profit fell 77.5% to ¥83 million and net income attributable to owners dropped 29.5%. Crypto valuation gains of ¥2,632 million helped bridge the gap, cash and equivalents fell to ¥3,393 million from ¥6,078 million, and the year-end dividend stayed at ¥0.00.
The company now expects a net loss of ¥767 million for the year ending July 31 after booking the current maximum identified damage from April's funds-outflow incident at ¥1,179 million as an extraordinary loss. A ¥357 million deferred-tax benefit softens the accounting hit, but Hatena still swung from a previous forecast for ¥101 million of profit, and it still has not disclosed how much money may be recovered or when the special investigation committee will report.
Visional lifted nine-month revenue 24.3% to ¥73.157 billion and operating profit 12.2% to ¥19.612 billion, enough to keep its full-year outlook unchanged. BizReach remained the profit engine, with nine-month sales of ¥59.714 billion and a 42.7% pre-corporate-allocation operating margin. HRMOS grew faster, with sales up 77.7% to ¥6.653 billion, helped by the inclusion of Thinkings' sonar ATS business, though management says the acquisition effect on progress against the full-year sales plan is minor.
Raccoon finished the year to April 2026 with ¥6.574 billion in revenue and ¥1.32 billion in operating profit, but it is guiding for operating profit to fall to ¥600 million in the coming year as promotion spending rises. Management said fourth-quarter tests convinced it that heavier customer acquisition can accelerate growth, and its new midterm plan shifts attention toward adjusted EBITDA during a more M&A-minded phase. New services including URIHOmini, BizCheck and SD Direct show the practical version of that strategy: widen the funnel now, hope the margins catch up later.
Shareholders approved wording that adds crypto-asset investment, acquisition, holding and management to the company's corporate purposes, and elected Masataka Kakiya as a director. The filing authorizes future diversification, but discloses no launch, purchase or timetable.
Revenue rose 24.3% to ¥73.2 billion and operating profit 12.2% to ¥19.6 billion through April, with BizReach still doing most of the work at ¥59.7 billion of revenue and a 42.7% margin. HRMOS grew faster, with revenue up 77.7% to ¥6.65 billion, but its profit contribution remained thin. Management left the year-ending-July outlook unchanged because it still plans heavier investment into the final quarter.
Nine-month non-consolidated revenue fell 32.0% to JPY 731.7m after lower-margin business was trimmed, but operating profit swung to JPY 146.4m from a JPY 65.8m loss. The company also restarted shareholder benefits using a fixed JPY 15m pool for eligible holders and approved a JPY 600m borrowing to fund the FPO share acquisition.
Tobila Systems is still finding demand, just not leverage. First-half non-consolidated revenue rose 22.0% to JPY 1.674bn, helped by security and solution sales, but operating profit fell 7.7% to JPY 485m and net profit slipped 5.1% to JPY 335m; management kept the full-year outlook and its JPY 20 year-end dividend plan unchanged. More anti-fraud spending is useful. Turning it into more earnings would be nicer.
First-half non-consolidated sales rose 6.8% to JPY 851.5m and operating profit 7.5% to JPY 312.2m, and management left the full-year plan unchanged at JPY 2.01bn of sales and JPY 743m of operating profit. Presentation slides showed profit running ahead of internal half-year targets, while a same-day stock-option cancellation was described as having only a minor earnings impact.
ANYCOLOR's year to April was still robust on a non-consolidated basis, with revenue up 29.9% to JPY 55,681m and operating profit up 23.9% to JPY 20,172m, plus a dividend rise to JPY 75 a share. The mood shift is in next year's guide: revenue is seen at JPY 56,000m to JPY 60,000m and operating profit at JPY 18,000m to JPY 20,000m, with a JPY 62 dividend forecast, a clear message that growth is still there but the margins may have peaked for now.
ITFOR signed a basic agreement with Sourcing Brothers to form a 90-10 joint venture focused on M&A, corporate venture capital and post-investment execution. Launch is targeted for July, and the company says the near-term earnings impact should be minor.
TIER IV has begun soliciting overseas institutional demand for a common-share offering and is also contemplating a domestic tranche. The size, split and pricing are still undecided, with estimated net proceeds of 9.8 billion yen to 29.8 billion yen earmarked for autonomous-driving R&D, production and hiring.
enish sold all 8.063 BTC for ¥79.265 million and said the cash will help fund an active treasury business. Separate Solana-related talks are only that for now, with no launch or tie-up contract decided.
The company ended its buyback after repurchasing 1,879,700 shares for ¥2,999,861,600 by June 5. The board had authorised up to 3,000,000 shares and ¥3,000,000,000 through July 8, so the cash budget was essentially exhausted well before the deadline.
HEROZ nudged up revenue for the year ended April to ¥6.424 billion from ¥6.4 billion and operating profit to ¥523 million from ¥500 million, but net profit attributable to owners is now seen at ¥376 million versus ¥50 million. The bridge is a ¥311.135 million gain on a subsidiary sale and a ¥99.249 million tax adjustment gain, partly offset by ¥114.838 million of transaction costs and a ¥30.065 million bitcoin valuation loss, which is why ordinary profit edges down to ¥408 million.
PayPay plans to buy 70.2% of T&D Financial Life from T&D Holdings for cash, a move LY Corporation says would make the insurer a specified subsidiary. The structure is not a clean buyout: OneIM Indigo is set to buy 14.9%, T&D plans to keep 14.9%, and closing is scheduled for October 1, 2027, subject to approvals, an IFRS transition plan and other conditions. For PayPay, the logic is plain enough: it wants life insurance alongside cards, banking and securities for its more than 74 million registered users.
TimeTicket set up Westgate Entertainment as a 75%-owned vehicle for livestream creator support and management. Business started in May, but the company says the effect is already reflected in its outlook for the year ending March 2027.
The company raised its sales, profit and dividend outlook for the year to June, citing firm public-sector and energy orders plus the consolidation of Infotec Solution. Useful read-through, but not a pure organic-growth signal: the filing does not split the lift between demand and consolidation.
Suspected legal violations at an unnamed subsidiary pushed the company to set up a special investigation committee and defer business-report and financial-statement items from its June 26 shareholder meeting into a later continuation session. Even so, it separately resolved to pay an 18 yen year-end dividend while the accounts are still under review.
The company will halt a delayed content-production framework, trim outsourced work and expects about ¥46 million of savings this year, while booking roughly ¥87 million of impairment losses. After first-half revenue fell 13.5% and operating loss widened, management also cut full-year guidance sharply, so this reads as clean-up before any credible recovery story.
The amended filing tied to the third series still shows an estimated offering amount of ¥180 million and marks the document as submission No. 2 linked back to the May 20 registration. Parallel June 1 corrections cover the second series at the same estimated amount and a first-series package that also includes fifth- and sixth-series stock acquisition rights, but the excerpt still does not provide the final conversion price or share count needed to size dilution.
The filing shows 566,900 shares and says the holding supports a February capital and business alliance aimed at synergies and medium- to long-term corporate value. The rationale is clear; the roadmap is not.
SHIFT and Rise Consulting Group say they will deepen last year's tie-up across recruitment, sales, project staffing and AI-enabled consulting, with SHIFT already holding 33.19% of Rise and offering access to a customer base of more than 4,000 companies. The pair cite IDC Japan's forecast of 9.9% annual average growth in the domestic business consulting market from 2024 to 2029, but for now they still describe the earnings impact as minor.
Daitec Holdings directly held 47.14% of Fukui Computer's voting rights as of March 31, and Fukui said it disclosed only a ¥12 million office lease with a ¥1 million year-end balance as related-party dealing. If June shareholder votes approve the planned merger for April 1, 2027, Daitec disappears and the ownership classification changes, but the filing does not identify who would hold the post-merger status.