Strike Group Co. Ltd. · TSE:6196
Strike — FY2026 Earnings Presentation
47 slides from Strike's earnings presentation, Oct 30, 2026
Slide 1: FY2026/9 Earnings Presentation
October 30 , 2026 FY2026/9 FY2026/9 Earnings Presentation Strike Group Co., Ltd. Prime Market, Tokyo Stock Exchange: 6196
Slide 2: Disclaimers
Disclaimers Forward - looking statements herein are based on information available to Strike Group Co., Ltd. as of this document's date. We assume no obligation to update or revise these statements to reflect future events. Actual business operations and results may differ materially from these proj
Slide 3: Agenda
01 Operating Performance in FY26/9 02 Forecast for FY27/9 03 Initiatives to Enhance Corporate Value 04 Market Environment 05 Company Overview
Slide 4: Executive Summary (Consolidated From FY2026/9)
Executive Summary (Consolidated From FY2026/9) Achieved significant top - and bottom - line growth, delivering record - high results with consolidated Operating operating profit exceeding ¥10 billion for the first time. Performance Net sales growth and cost optimization drove a significant improveme
Slide 5: FY26/9 Financial Highlights
FY26/9 Financial Highlights Achieved significant YoY growth in net sales (+33.3%) and operating profit (+64.3%) compared to prior - year non - consolidated figures. Achieved 12 consecutive years of revenue growth. (¥ millions) Net Sales Operating Profit 30,000 Operating Profit Margin 29.7% 27,077 27
Slide 6: FY26/9 Financial Results
FY26/9 Financial Results Operating profit margin improved significantly, driven by substantial net sales growth and fixed costs remaining largely in line with initial plans. (¥ millions) Consolidated (Ref.) Non - Consolidated (Ref.) Non - basis consolidated basis consolidated FY26/9 FY25/9 FY26/9 FY
Slide 7: FY26/9 Financial Position
FY26/9 Financial Position Operating cash flow from net sales growth lifted cash and deposits, while recorded profit increased net assets. Current liabilities rose due to higher accrued incentive bonuses from Q4 net sales growth, and an increase in income taxes payable, among other items. Consolidate
Slide 8: M&A Deals Closed: Quarterly Trend
M&A Deals Closed: Quarterly Trend Record highs significantly exceeded in number of deals closed, number of contracts closed, and net sales. (Deals, contracts) (¥ millions) () Figures in parentheses indicate the number of large deals 250 12,000 Deals closed 11,073 Contracts Closed Net Sales 10,000 20
Slide 9: Historical LTM Performance
Historical LTM Performance Long - Term Net Sales Trends (LTM Basis) 30,000 Net Sales 25,000 These charts present the last twelve 20,000 months (LTM) trend in deals closed for 15,000 each quarter as a metric to assess growth trends adjusted for quarterly seasonality. 10,000 5,000 0 FY16/9 FY17/9 FY18
Slide 10: Short-, Medium-, and Long-term KPIs
Short - , Medium - , and Long - term KPIs Maximize sales and profits by quantitatively monitoring the status of achievement of short, medium, and long - term KPIs below. *Note: Due to shared processes and current scale, Group KPIs (including financial advisory (FA) services and strategic consulting)
Slide 11: MoU Signed and MoU Fees Revenue
MoU Signed and MoU Fees Revenue A critical KPI for forecasting deal growth, as approximately 80% of deals that sign an MoU proceed to closing. MoU volume increased by 107 deals YoY, with MoU signings in the recent quarter also tracking well. MoU Volume (Deals) Figures in parentheses are MoU fee reve
Slide 12: New Contract Trends
New Contract Trends New contracts totaled 1,213 (+32 YoY). Although strict deal screening resulted in falling short of the plan ( - 57 vs. plan), sales per deal has increased compared to the previous period (FY25/9: ¥77 million; FY26/9: ¥83 million). New Contracts (Quarterly) New contracts: New brok
Slide 13: Sourcing Channels
Sourcing Channels Balancing direct sourcing and referrals to drive growth in both new contracts and revenue per deal. Clients (Buyers and Sellers) Partnerships Sourcing deals through a robust network of over 2,000 partners Referrals Direct Sourcing Strengthening partner Strengthening direct relation
Slide 14: Structural Growth from Stronger Channels
Sourcing Channels Referrals Direct Sourcing Initiatives Initiatives Strengthening partnerships. Focusing on consultant training and (e.g., a framework with tax accountant education to enhance proposal associations in all 47 prefectures) capabilities. Results Results Increase in deals referred by acc
Slide 15: Current Employee Headcount
Current Employee Headcount Recorded a net increase of 15 consultants (including contract acquisition and partner support) against a full - year hiring plan of 55. Full - year hiring missed targets due to our strict hiring policy, shifting our focus toward improving productivity through training. The
Slide 16: Strengthening Global Expansion and Cross-Border M&A
Topics Established a Taiwan subsidiary , our first overseas office Topic 1 Strengthening Global (https://ssl4.eir - parts.net/doc/6196/tdnet/2876713/00.pdf ) Expansion and Cross - Launched the global site for our "SMART" M&A platform to Border M&A bolster cross - border M&A (https://ssl4.eir - parts
Slide 17: Global Expansion: Establishing a Taiwan Subsidiary
Topic 1 Global Expansion: Establishing a Taiwan Subsidiary (Our First Overseas Office) Subsidiary Overview Background of Establishment Company Name Taiwan Strike Co., Ltd. Location Taipei City, Taiwan Developing Robust Local Representative Kazuya Kaneda, Chairman the Taiwan Operations Business M&A a
Slide 18: Agreement with Hitotsubashi University & Support for Education and Research
Topic 2 Agreement with Hitotsubashi University & Sustained Support for Education and Research Agreement on Collaboration in M&A Research Donation of Shares Owned by the (Signed August 4) President and CEO Hitotsubashi University x Strike Group: Systematizing PMI. Providing sustained support for educ
Slide 19: Forecast for FY27/9
01 Operating Performance in FY26/9 02 Forecast for FY27/9 03 Initiatives to Enhance Corporate Value 04 Market Environment 05 Company Overview Copyright© Strike Group Co., Ltd. All Rights 19 Reserved.
Slide 20: Forecast for FY27/9
Forecast for FY27/9 (¥ millions) Net sales FY26/9 FY27/9 forecast YoY change Further net sales growth of 11.0% planned, building on FY26/9’s strong outperformance. Net sales 27,077 30,050 +11.0% Targeting 365 deal closings and 1,322 new contracts. Cost of sales 10,241 11,325 +10.6% The forecast for
Slide 21: Forecast for FY27/9
Forecast for FY27/9 Following record - high results in FY26/9, we plan consolidated net sales growth of 11.0% and consolidated operating profit growth of 10.1%. In addition to consistent deal execution, we aim for further growth by establishing a revenue base in new businesses such as FA and strateg
Slide 22: Initiatives to Enhance Corporate Value
01 Operating Performance in FY26/9 02 Forecast for FY27/9 03 Initiatives to Enhance Corporate Value 04 Market Environment 05 Company Overview
Slide 23: Medium-term Management Plan
Medium- term Management Plan Assumptions for the plan Achieved previous medium - term targets one year ahead of schedule in FY26/9. Targeting a CAGR of over 10% for consolidated net sales through FY29/9, based on FY26/9 results. Expecting revenue per deal to remain flat, while projecting an increase
Slide 24: Results and Targets: Contracts, Deals, Sales, and Profit
Results and Targets: Contracts, Deals, Sales, and Profit Targeting a net sales CAGR of over 10% through FY29/9, based in FY26/9 results Expecting new businesses (FA, Strategic Consulting, Taiwan business, etc.) to generate approximately ¥1.6 billion in net sales in FY29/9. (Deals, contracts) (¥ mill
Slide 25: Employee Headcount Plan
Employee Headcount Plan Planning steady headcount growth, increasing the ratio of new graduate hires, and continuing selective mid - career hiring. Consultant headcount includes headcount at all subsidiaries. Employees (Fiscal Year - End) Corporate 800 Contract Acquisition & Partner Support 750 Cons
Slide 26: Initiatives to Enhance Corporate Value
Initiatives to Enhance Corporate Value Committed to enhancing corporate value as a top priority while sustaining high ROE. ROE improvement measures <Current Initiatives> (%) ROE ◼ Raise dividends (¥65 →¥80). 40.0 ◼ Boost profitability via holding company (Times) PBR transition, domain expansion, and
Slide 27: Initiatives to Enhance ROE
Initiatives to Enhance ROE Targeting a consolidated ROE of 30%, driven by steady growth in the core M&A brokerage business and profit expansion from new businesses (FA, Strategic Consulting, etc.). Consolidated net assets and ROE forecasts (¥ millions) Measures to maintain and improve ROE 35,000 Con
Slide 28: Cash Allocation Policy
Cash Allocation Policy FY27/9 Year - End Effective Growth Investments Cash Balance (Est.) ¥3.5B Office - related and operating ¥24.5B investments, etc. ¥4.5B Shareholder Returns Dividend payments (¥80 per share) FY27/9 Operating Cash Flow (Est.)* ¥7.5B Working Capital ¥12.5B Equivalent to six months
Slide 29: Shareholder Returns
Shareholder Returns Increasing the annual dividend to ¥80 per share (post - split) for three years starting in FY27/9 to enhance returns using surplus funds. Will implement further dividend increases if the payout ratio falls below 50%. Introducing an interim dividend starting in FY27/9, with a plan
Slide 30: Shareholder Returns: Yield on Cost
Shareholder Returns Yield on Cost expansion driven by long - term holding. Yield on Cost (as of September 2026)* Dividend per share (¥) Yield on Cost after 10- Year Holding 0.5% (2- Yr Hold) 0.8% (4- Yr Hold) 2.1% (6- Yr Hold) 3.5% (8- Yr Hold) 7.8% (10- Yr Hold) 17.0% Approx. 17% Initial Yield 65.0
Slide 31: Market Environment
01 Operating Performance in FY26/9 02 Forecast for FY27/9 03 Initiatives to Enhance Corporate Value 04 Market Environment 05 Company Overview
Slide 32: Market Environment: M&A Transactions in Japan
Market Environment: M&A Transactions in Japan Disclosed M&A transactions from Jan –Sep 2026 rose 10% YoY to 1,082. Marks the eighth consecutive year of growth for this nine - month period. Total market is estimated to be roughly 10x larger when including unlisted deals, reflecting continuous expansi
Slide 33: Market Environment: Aging CEOs and Rising Business Closures
Market Environment: Aging CEOs and Rising Business Closures With CEOs aging, there are many companies without successors, even among companies with elderly CEOs. The number of business closures and dissolutions is also increasing. As a solution to these challenges, the business succession M&A market
Slide 34: Market Environment: Talent Acquisition as a Survival Challenge
Market Environment: Talent Acquisition as a Survival Challenge Labor shortage bankruptcies hit a record high for the third consecutive year, reaching 427 in 2025. Over half of all companies currently face labor shortages. As this crunch accelerates, securing top talent is now a critical corporate ma
Slide 35: Market Environment: M&A Advisory Landscape
Market Environment: M&A Advisory Landscape The Small and Medium Enterprise Agency (SMEA) launched an M&A provider registration system in 2021 (non - mandatory, yet widely adopted). The majority of registered providers operate on a small scale. Registered M&A Service Providers Dedicated M&A Staff Pla
Slide 36: Market Environment: SMEA & M&A Advisors Association Initiatives
Market Environment: SMEA & M&A Advisors Association Initiatives Initiatives by the Small and Medium Enterprise Agency (SMEA) and the M&A Advisors Association The Small and Medium Enterprise Agency (SMEA) is driving initiatives to appropriately promote SME M&A, such as securing subsidy budgets and su
Slide 37: Market Environment: M&A Advisors Association
Market Environment: M&A Advisors Association Name M&A Advisors Association (MAAA) Established October 1, 2021 Representative Director and Representative A self - regulatory body established under the Small and Medium Suguru Miyake Chairman, Nihon M&A Center director Enterprise Agency's "SME M&A Prom
Slide 38: Company Overview
01 Operating Performance in FY26/9 02 Forecast for FY27/9 03 Initiatives to Enhance Corporate Value 04 Market Environment 05 Company Overview
Slide 39: Company Overview
Company Overview Company name Strike Group Co., Ltd. Established July 1997 Share capital ¥823 million (as of September 30, 2026) Representative Kunihiko Arai, President & CEO Mitsui & Co. Building 15F Headquarters 1- 2- 1 Otemachi , Chiyoda - ku , Tokyo, Japan Employees 490 (excluding temporary staf
Slide 40: Strike Group Organization Chart
Strike Group Organization Chart (as of September 30, 2026) Holding Company Company name Strike Group Co., Ltd. Established July 1997 Representative Kunihiko Arai URL www.strike.co.jp/group/en/ M&A Strategy Formulation and M&A Brokerage Financial Advisory (FA) Minority Investments Consulting Strike S
Slide 41: Roles and Business Domains of Group Companies
Roles and Business Domains of Group Companies Client Segment Business Domains Pre - M&A Execution Support Post - M&A Minority Share Purchase Shareholders Deal Origination, Valuation, Deal Matching, Sellers Seller FA Negotiation, Definitive Agreement, Closing Major Shareholders Financial Product Deal
Slide 42: M&A Brokerage Workflow
M&A Brokerage Workflow Seller Buyer Source potential seller 1. Sourcing Sign brokerage mandate Match seller and buyer 2. Sign brokerage mandate Matching MoU Execute memorandum of understanding (MoU) interim fee Negotiate definitive terms 3. Execute definitive agreement Success fee Execution Closing
Slide 43: M&A Brokerage Fee Structure
M&A Brokerage Fee Structure No upfront fee and a low interim fee upon MoU execution. Seller Buyer Upfront fee Free Free MoU interim fee ¥1–3mn upon MoU execution ¥1–3mn upon MoU execution Value of seller’s equity and assets, etc. 1 Value of seller’s total assets 2 Portion below ¥500mn 5% Portion bel
Slide 44: M&A Track Record by Industry
M&A Track Record by Industry Extensive referrals drive our industry - agnostic M&A track record , enabling us to Total number of M&A deals closed since Strike’s founding to FY26/9 execute highly specialized transactions . Note: Breakdown of the number of businesses sold by industry Other 3.9% Buildi
Slide 45: Advanced Support via Specialized Teams
Advanced Support via Specialized Teams Established specialized teams in key sectors (healthcare, nursing care, IT, etc.) to elevate service quality, accumulating deep domain expertise to deliver highly advanced, industry - specific proposals and support. Divestitures by Industry (FY26/9) M&A in Heal
Slide 46: Nationwide Sales Network
Nationwide Sales Network Nine offices nationwide Hokkaido Sapporo Office Always nearby, always ready to help. Chubu Scheduled to Establish Nagoya Office Tohoku Taiwan Strike Chugoku Sendai Office Hiroshima Office Co, Ltd. Kanto Tokyo Headquarters Kansai Osaka Office Kyoto Innovation Office Shikoku T
Slide 47: M&A Portal Site Operations
M&A Portal Site Operations Gather and leverage M&A data. Provide free information to promote M&A adoption. M&A Database A public database of timely M&A disclosures, searchable by company name, securities code, transaction scheme, and industry. Large Shareholding Report Database A public database rev