Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail.
Consolidated Financial Results
for the Three Months Ended April 30, 2025 [Japanese GAAP]
July 28, 2025
Company name: ACCESS CO., LTD. Listing: Tokyo Stock Exchange Securities code: 4813
URL: https://www.access-company.com
Representative: Kiyoyasu Oishi Representative Director, President & CEO
Inquiries: Masayuki Fujii Executive Officer, CFO Telephone: +81-3-6853-9088
Scheduled date to commence dividend payments: -
Preparation of supplementary material on financial results: None Holding of financial results briefing: None
(Yen amounts are rounded down to millions, unless otherwise noted.)
Consolidated Financial Results for the Three Months Ended April 30, 2025 (February 1, 2025 to April 30, 2025)
Consolidated Operating Results (Percentages indicate year-on-year changes.)
Net sales
Operating profit
Ordinary profit
Profit attributable to owners of parent
Three months ended
April 30, 2025
April 30, 2024
Millions of yen
5,218
3,872
%
34.7
8.7
Millions of yen
(854)
(405)
%
-
-
Millions of yen
(1,001)
(276)
%
-
-
Millions of yen
(1,270)
(320)
%
-
-
(Note) Comprehensive income:
Three months ended April 30, 2025:
¥
(1,296) million [
-%]
Three months ended April 30, 2024:
¥
(240) million [
-%]
Basic earnings per share
Diluted earnings per share
Three months ended
Yen
Yen
April 30, 2025
(33.77)
-
April 30, 2024
(8.52)
-
Consolidated Financial Position
Total assets
Net assets
Capital adequacy ratio
As of
April 30, 2025
January 31, 2025
Millions of yen
17,792
21,529
Millions of yen
8,781
10,051
%
49.1
46.5
(Reference) Equity: As of April 30, 2025:
¥
8,742 million
As of January 31, 2025:
¥
10,012 million
Dividends
Annual dividends
1st quarter-end
2nd quarter-end
3rd quarter-end
Year-end
Total
Fiscal year ended January 31, 2025
Fiscal year ending January 31, 2026
Yen
-
-
Yen
0.00
Yen
-
Yen
0.00
Yen
0.00
Fiscal year ending January 31, 2026
(Forecast)
-
-
-
-
(Note) Revision to the forecast for dividends announced most recently: None
(Note) Breakdown of the 1st quarter dividend for the fiscal year ending January 31, 2026 : Commemorative dividend - yen
Special dividend - yen
Consolidated Financial Results Forecast for the Fiscal Year Ending January 31, 2026(February 1, 2025 to January 31, 2026)
(Percentages indicate year-on-year changes.)
Net sales | Operating profit | Ordinary profit | Profit attributable to owners of parent | Basic earnings per share | |||||
Full year | Millions of yen 20,500 | % 28.7 | Millions of yen (700) | % - | Millions of yen (900) | % - | Millions of yen (1,400) | % - | Yen (37.23) |
(Note) Revision to the financial results forecast announced most recently: | None | |
* Notes: | ||
(1) Significant changes in the scope of consolidation during the period: | None | |
Newly included: - (Company name: Excluded: - (Company name: | ) ) |
Adoption of accounting treatment specific to the preparation of quarterly consolidated financial statements: None
Changes in accounting policies, changes in accounting estimates, and restatement
Changes in accounting policies due to revisions to accounting standards and other regulations: Yes
Changes in accounting policies due to other reasons: None
Changes in accounting estimates: None
Restatement: None
Number of issued shares (common shares)
Total number of issued shares at the end of the period (including treasury shares): April 30, 2025: 39,962,100 shares
January 31, 2025: 39,962,100 shares
Number of treasury shares at the end of the period:
April 30, 2025: 2,307,170 shares
January 31, 2025: 2,353,370 shares
Average number of shares outstanding during the period:
Three months ended April 30, 2025: 37,627,936 shares
Three months ended April 30, 2024: 37,621,684 shares
Review of the Japanese-language originals of the attached consolidated quarterly financial statements by certified public accountants or an audit firm: Yes(mandatory)
Proper use of earnings forecasts, and other special matters
Quarterly Consolidated Financial Statements and Primary Notes Quarterly Consolidated Balance Sheet
(Thousands of yen)
As of January 31, 2025
As of April 30, 2025
Assets
Current assets
Cash and deposits 10,809,048 9,216,975
Notes and accounts receivable - trade, and contract assets | 3,912,585 | 3,124,216 |
Merchandise and finished goods | 762,188 | 176,431 |
Work in process | 31,216 | 97,504 |
Advance payments to suppliers | 1,088,320 | 246,171 |
Other | 753,354 | 787,762 |
Allowance for doubtful accounts | (108,647) | (95,898) |
Total current assets | 17,248,067 | 13,553,163 |
Non-current assets | ||
Property, plant and equipment | ||
Buildings and structures | 252,057 | 256,491 |
Accumulated depreciation | (149,258) | (151,061) |
Buildings and structures, net | 102,798 | 105,430 |
Tools, furniture and fixtures | 1,640,603 | 1,640,545 |
Accumulated depreciation | (1,283,960) | (1,270,021) |
Tools, furniture and fixtures, net | 356,642 | 370,523 |
Leased assets | 3,602 | 3,602 |
Accumulated depreciation | (3,602) | (3,602) |
Right of use assets | 937,388 | 879,141 |
Accumulated depreciation | (100,209) | (99,471) |
Right of use assets, net | 837,178 | 779,670 |
Total property, plant and equipment | 1,296,619 | 1,255,623 |
Intangible assets | ||
Software | 1,618,298 | 1,677,393 |
Total intangible assets | 1,618,298 | 1,677,393 |
Investments and other assets | ||
Investment securities | 675,971 | 659,783 |
Deferred tax assets | 131,611 | 112,451 |
Other | 671,819 | 648,515 |
Allowance for doubtful accounts | (113,182) | (114,462) |
Total investments and other assets | 1,366,219 | 1,306,288 |
Total non-current assets | 4,281,137 | 4,239,305 |
Total assets | 21,529,205 | 17,792,469 |
(Thousands of yen)
As of January 31, 2025
As of April 30, 2025
Liabilities
Current liabilities
Accounts payable - trade | 657,879 | 394,064 |
Lease liabilities | 69,465 | 74,983 |
Income taxes payable | 32,956 | 31,323 |
Contract liabilities | 5,367,565 | 3,345,007 |
Provision for bonuses | 242,533 | 173,667 |
Provision for share awards | 24,534 | 27,163 |
Provision for loss on litigation | 5,478 | 5,383 |
ProvisionForSpecialSurveyCostsEtc | 2,081,127 | 1,567,191 |
Other | 1,503,050 | 1,893,882 |
Total current liabilities | 9,984,590 | 7,512,667 |
Non-current liabilities | ||
Deferred tax liabilities | 14,696 | 52,049 |
Retirement benefit liability | 211,344 | 251,281 |
Lease liabilities | 962,539 | 885,269 |
Provision for share awards | 8,972 | 8,972 |
Asset retirement obligations | 98,993 | 99,005 |
Other | 196,119 | 201,557 |
Total non-current liabilities | 1,492,666 | 1,498,135 |
Total liabilities | 11,477,256 | 9,010,803 |
Net assets | ||
Shareholders' equity | ||
Share capital | 17,179,615 | 17,179,615 |
Capital surplus | 12,312,020 | 12,312,020 |
Retained earnings | (16,246,756) | (17,517,436) |
Treasury shares | (1,510,951) | (1,484,322) |
Total shareholders' equity | 11,733,927 | 10,489,876 |
Accumulated other comprehensive income | ||
Valuation difference on available-for-sale securities | 71,434 | 58,154 |
Foreign currency translation adjustment | (1,792,725) | (1,805,678) |
Total accumulated other comprehensive income | (1,721,291) | (1,747,523) |
Share acquisition rights | 39,312 | 39,312 |
Total net assets | 10,051,948 | 8,781,665 |
Total liabilities and net assets | 21,529,205 | 17,792,469 |
Quarterly Consolidated Statements of Income and Comprehensive Income
Quarterly Consolidated Statement of Income For the three months ended June 30, 20XX | ||
(Thousands of yen) | ||
For the three months | For the three months | |
ended April 30, 2024 | ended April 30, 2025 | |
Net sales | 3,872,970 | 5,218,066 |
Cost of sales | 1,987,748 | 3,545,818 |
Gross profit | 1,885,222 | 1,672,248 |
Selling, general and administrative expenses | 2,290,725 | 2,526,353 |
Operating loss | (405,503) | (854,104) |
Non-operating income | ||
Interest income | 7,179 | 4,154 |
Share of profit of entities accounted for using equity method | 10,860 | 6,410 |
Foreign exchange gains | 120,552 | - |
Other | 9,738 | 2,198 |
Total non-operating income | 148,331 | 12,764 |
Non-operating expenses | ||
Interest expenses | 14,112 | 1,881 |
Loss on investments in investment partnerships | 99 | 4,227 |
Foreign exchange losses | - | 152,915 |
Other | 5,301 | 717 |
Total non-operating expenses | 19,513 | 159,741 |
Ordinary loss | (276,685) | (1,001,082) |
Extraordinary losses | ||
Impairment losses | - | 40,783 |
Extra retirement payments | - | 137,095 |
Total extraordinary losses | - | 177,879 |
Loss before income taxes | (276,685) | (1,178,961) |
Income taxes - current | 41,757 | 39,668 |
Income taxes - deferred | 2,696 | 52,049 |
Total income taxes | 44,453 | 91,717 |
Loss | (321,139) | (1,270,679) |
Loss attributable to non-controlling interests | (508) | - |
Loss attributable to owners of parent | (320,631) | (1,270,679) |