FY26/3 Results Briefing
Kakaku.com Inc. (TSE Prime 2371)
May 8, 2026
Executive Summary
FY26/3
Highlights
Revenue 94.1billion yen (YoY +20%), Operating Profit 27.2billion yen (YoY -7%)Revenue reached a record high, with Tabelog and Kyujin Box exceeding initial plans.
Operating profit was anticipated to decline due to growth investments in Kyujin Box but fell slightly below forecast due to additional M&A-related expenses and AI investment costs.
FY27/3
Results Forecast
Revenue 114.5billion yen (YoY +22%), Operating Profit 30.8billion yen (YoY +13%)The Tabelog and HR segments are expected to serve as the primary growth drivers.
We are targeting both revenue and profit growth, while maintaining our commitment to growth investments in the HR segment.
Kakaku.com, Inc. FY26/3 Results 1
FY26/3 Consolidated Operating Results
FY26/3 Operating Results by Segment
FY27/3 Results Forecast
Appendix
Kakaku.com, Inc. FY26/3 Results 2
Consolidated Operating Results
FY26/3 Q4 and Full-Year Highlights(million yen)
FY26/3 Q4 | YoY Change | Full-Year | YoY Change | Full-Year Forecast (progress) | |||
Amount | % | Amount | % | ||||
Revenue | 25,236 | +3,488 | +16.0% | 94,127 | +15,692 | +20.0% | 92,000 (102.3%) |
Operating Profit | 6,110 | -1,118 | -15.5% | 27,243 | -2,050 | -7.0% | 28,000 (97.3%) |
OP Margin | 24.2% | -9.0pt | - | 28.9% | -8.4pt | - | 30.4% (-) |
Profit Before Income Taxes | 6,420 | -114 | -1.7% | 27,347 | -1,368 | -4.8% | 27,700 (98.7%) |
Profit Attributable to Owners of the Parent Company | 4,433 | -501 | -10.1% | 18,803 | -1,230 | -6.1% | 19,000 (99.0%) |
EPS (yen) | 22.41 | -2.55 | - | 95.05 | -6.28 | - | - |
Kakaku.com, Inc. FY26/3 Results 3
Consolidated Operating Results
FY26/3 Q4 and Full-Year Revenue and Income by Segment(million yen)
FY26/3 Q4 | YoY Change | Full-Year | YoY Change | Full-Year Forecast (progress) | ||
Amount | % | Amount | % | |||
Kakaku.com
Tabelog
Kyujin Box
Incubation
Revenue 6,057 -362 -5.6% 23,611 -32 -0.1% 24,000
(98.4 )
%
(98.0 )
Segment Income 3,237 -251 -7.2% 12,548 +814 +6.9% 12,800
%
(101.9 )
Revenue 10,562 +1,718 +19.4% 40,239 +6,766 +20.2% 39,500
%
(101.8 )
Segment Income 5,168 +767 +17.4% 22,196 +4,117 +22.8% 21,800
%
(109.2 )
Revenue 5,792 +1,536 +36.1% 20,205 +6,841 +51.2% 18,500
%
(99.1 )
Segment Income -617 -1,197 -206.2% -1,486 -5,749 -134.9% -1,500
%
(98.7 )
Revenue 2,825 +596 +26.7% 10,071 +2,117 +26.6% 10,200
%
(101.5 )
Segment Income 801 +128 +19.0% 2,740 +815 +42.3% 2,700
%
-7,800
Adjustment of Segment Income* -2,480 -564 -29.5% -8,756 -2,048 -30.5%
(112.3%)
*Adjustment of Segment Income includes corporate, and company wide-expenses not allocated to each segment.
Kakaku.com, Inc. FY26/3 Results 4
Consolidated Operating Results
FY26/3 Change in Operating Profit (Quarterly and Full-Year)Q4 Change in Operating Profit
(million yen)
Full Year Change in Operating Profit
(million yen)
YoY increase of:
Personnel Expenses ¥318 million Outsourcing Expenses ¥283 million
YoY increase of:
Agency Fees ¥687 million Service Fees, etc. ¥806 million
Increase due to brand investment for Kyujin Box (approx. ¥2 billion)
YoY increase of:
Personnel Expenses ¥1,074 million Outsourcing Expenses ¥1,544 million
YoY increase of:
Agency Fees ¥3,708 million Service Fees, etc. ¥2.395 million
Increase due to brand investment for Kyujin Box (just under ¥7 billion cumulative)
Kakaku.com, Inc. FY26/3 Results 5
Consolidated Operating Results
Quarterly Trends in Key Operating Expenses and their Ratio to RevenueAdvertising Expenses
(million yen)
20.5%
18.3%
22.6%20.9%
13.8%13.5%14.1%
24.8%
Agency Fees (Commissions)
(million yen)
9.9% 10.2%
23.0%22.3%21.3%20.5%21.4%21.3%20.8%20.0%
8.7%
9.7%
10.2%
Personnel/Outsourcing Expenses
(million yen)
7.5%
6.2% 6.4%
2,862
2,448 2,514
4,467
4,007
5,169 5,023
6,260
1,099 1,188
1,527
1,883
2,163
2,341 2,330
2,570
4,069
4,151 4,332 4,453
4,695 4,880
4,993 5,054
Q1 | Q2 Q3 | Q4 | Q1 | Q2 Q3 | Q4 |
FY25/3 | FY26/3 |
Q1 | Q2 Q3 | Q4 | Q1 | Q2 Q3 | Q4 |
FY25/3 | FY26/3 |
Q1 | Q2 Q3 | Q4 | Q1 | Q2 Q3 | Q4 |
FY25/3 | FY26/3 |
Growth investments drove higher advertising expenses and agency fees
Advertising expenses and agency fees increased mainly due to strategic investments in Kyujin Box.
While personnel and outsourcing expenses trended upward, their ratio to revenue declined.
*For more details on operating cost, please refer to page 26.
Kakaku.com, Inc. FY26/3 Results 6
FY26/3 Consolidated Operating Results
FY26/3 Operating Results by Segment
FY27/3 Results Forecast
Appendix
Kakaku.com, Inc. FY26/3 Results 7
Kakaku.com
Quarterly Trends in Revenue and Segment Income(million yen)
6,419
6,034
2,046
5,836 5,749 5,970
YoY
-5.6%
6,057
50.9%
39.7%
52.6% 54.3% 53.7% 52.4% 53.1% 53.4%
435
241
751
578
405
223
767
671
1,951
5,612 | 5,580 | |
1,830 | 1,825 | |
1,136 | 1,054 | |
640 | 635 |
1,128
656
385
205
770
938
1,263
764
506
275
779
785
1,935
1,132
740
433
224
809
561
1,892
1,095
692
428
198
811
632
2,047
956
648
405
192
790
931
2,134
924
784
507
227
819
661
2,859
2,215*
3,172
3,488
YoY
-7.2%
Q1 Q2 Q3 Q4 FY25/3 | Q1 Q2 Q3 Q4 FY26/3 | |
3,133 3,010 3,168 3,237
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY25/3 FY26/3
Shopping Personal Finance Telecom. Automotive
Other Serives Insurance Advertising* In FY25/3 Q2, impairment losses of 588 million yen were recorded mainly on intangible assets and goodwill related to the business of Pathee Inc.. Excluding this impact, FY25/3 Q2 segment income for Kakaku.com was 2,803 million yen (YoY+9.2%) and income margin was 50.2%. For details, please refer to: 2. Condensed Consolidated Financial Statements (6) Notes on the Condensed Consolidated Financial Statements in the Consolidated Earnings Report for the Second Quarter (Semi-annual Period) of the Fiscal Year Ending March 31, 2025, issued on Nov. 6, 2024.
Shopping strong, but Personal Finance remained challenging
Q4 Results
Shopping remained strong, supported by rising demand for PCs ahead of price increases due to semiconductor shortages.
Personal Finance continued to face challenges due to shifts in the market environment and strategic changes by major players.
Full-Year Review
Strong performance in Shopping was offset by weakness in Personal Finance, in H2, keeping revenue flat year-over-year.
Segment income increased due to the absence of one-time impairment losses recorded in the previous fiscal year, combined with improved operational efficiency.
Kakaku.com, Inc. FY26/3 Results 8
Tabelog
Quarterly Trends in Revenue and Segment Income(million yen)
YoY
+19.4%
56.2% 56.1%54.5%
56.5% 58.2% 57.4%
49.8%
48.9%
10,743 10,562
8,969
8,843
9,257
9,677
7,631 8,031
Q1
12
Q2
17
Q3
22
Q4 25
Q1 28
FY25/3
Q2 43
FY26/3
Q3 40
Q4 48
383
367
459
480
438
424
517
515
394
420
415
410
405
410
405
399
3,401
3,532
4,405
4,176
4,340
4,649
5,391
5,618
3,441
3,567
3,808
3,685
3,982
4,096
4,335
4,211
4,288
4,503
4,886
4,402
Q1 Q2 Q3 Q4 FY25/3 | Q1 Q2 Q3 Q4 FY26/3 | |
5,227
5,633
YoY
+17.4%
6,168
5,168
Restaurant Promotion Restaurant Reservation User MembershipsAdvertising Other
Online reservations drove results, exceeding the full-year plan
Q4 Results
Restaurant reservations drove growth, and restaurant advertising also expanded steadily. Meanwhile, strategic promotions aimed at boosting online reservation usage in regional cities temporarily lowered the segment profit margin.
Full-Year Review
Restaurant reservations grew strongly throughout the year, and restaurant advertising also remained solid due to synergy effects, allowing the segment to maintain a high level of profitability.
Kakaku.com, Inc. FY26/3 Results 9
Tabelog
Quarterly Trends in Key KPIsRestaurant Promotion
No. of contracted Restaurants and ARPU
(end-of-quarter, thousand restaurants, yen)
Restaurant Reservation
No. of contracted Restaurants and ARPU
17,30016,20016,50016,700
15,10014,900
19,10017,700
(end-of-quarter, thousand restaurants, yen)
No. of Online Reservations
(quarterly total, million persons)
23,00023,000
23,00023,100
Domestic (Res. made on the Japanese Site/App)
23.56 23.82
29.60 27.94 29.34 30.11
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
FY25/3 FY26/3
22,800
22,80022,70022,900
54.8
50.2 52.0
56.0 57.7 60.4
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
FY25/3 FY26/3
62.9 63.5
36.73 34.86
75.5 78.5
82.3 84.7 87.4
90.0 93.7 96.3
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
FY25/3 FY26/3
Inbound (Res. made by Inbound Travelers)
Q1 | Q2 Q3 | Q4 | Q1 | Q2 Q3 | Q4 | |
FY25/3 | FY26/3 | |||||
0.86 0.89
0.11
0.23 0.39 0.37 0.42
0.58
*1 The number of fee-paying restaurants is 97,700. Of these, 60,s00 are using both the Restaurant Promotion and the Restaurant Reservation Service.
*ARPU= 3-month average of, monthly service revenue divided by monthly no. of contracted restaurants.
Key KPIs remained solid
Q4 Results
The number of
subscribing to either
restaurants or both the
restaurant promotion and online reservations exceeded 100,000.
Supported by continued strong inbound reservations, total online reservations increased significantly to
35.75 million.
Full-Year Review
The number of contracted restaurants and online reservations expanded at a pace exceeding the previous fiscal year.
Contracted restaurants and online reservations expanded at a pace exceeding the prior year. Establishing a record-high client restaurant network, advanced the foundation for both sustainable growth in existing businesses and non-linear growth
Kakaku.com, Inc. FY26/3 Results 10
Kyujin Box
Quarterly Trends in Revenue and Segment Income(million yen)
YoY
+36.1%
2,706
2,962
3,440
4,256
4,664
4,952 4,797
5,792
1,148
42.4% 44.4% 35.4%
13.6%
7.6%
-14.6% -10.4% -10.6%
1,315
1,219
581
YoY
-206.2%
356
-724
-501
-617
Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | ||
FY25/3 | FY26/3 |
Q1 | Q2 Q3 | Q4 | Q1 | Q2 Q3 | Q4 |
FY25/3 | FY26/3 |
Revenue significantly exceeded the full-year plan
Q4 Results
Entering the peak demand season, revenue grew steadily while maintaining a high growth rate.
Segment losses expanded due to strategic branding investments timed with the busy season.
Full-Year Review
Favorable competitive conditions in H1 drove strong performance, with revenue exceeding the full-year plan by over 10 percentage points. Growth investments in brand awareness and sales channel expansion resulted in a JPY 1.5 billion loss.
Kakaku.com, Inc. FY26/3 Results 11
Kyujin Box
Quarterly Trends in Key KPIsMonthly No. of Users and Visits
(quarterly average, million users, million visits)
Monthly Users Monthly Visits (Sessions)No. of Active Client Accounts
(quarterly average)
ARPU (Revenue per Active Client Account)
(quarterly average, ten thousand yen)
29.94
27.89
25.75
27.60
23.1522.80
20.68
32.85
13,800
14,500
12.8
12.3 11.8 11.8
13.3
10.67 10.98
9.33
11.42 11.6612.4711.62
14.37
12,500
10,900
10,100
8,600 8,800
13,300
11.1 11.4
10.5
Q1 | Q2 Q3 | Q4 | Q1 | Q2 Q3 | Q4 |
FY25/3 | FY26/3 |
Q1 | Q2 Q3 | Q4 | Q1 | Q2 Q3 | Q4 |
FY25/3 | FY26/3 |
Q1 | Q2 Q3 | Q4 | Q1 | Q2 Q3 | Q4 |
FY25/3 | FY26/3 |
*Monthly Users: The number of individuals who visited the site within a month, measured by unique browsers.
*Monthly Visits: The total number of times users visited the service within a month.
*Active Accounts: The number of accounts that posted at least one paid job listing during the month. Since a single company may operate multiple accounts, this figure does not correspond to the number of companies.
*ARPU: Three-month average of (monthly revenue ÷ monthly active client accounts).
Business foundation strengthened
Q4 Results
Supported by enhanced brand investments timed with peak demand, user and visit numbers increased steadily. Brand awareness improved by 20 percentage points from approx. 35% in the previous year.
New client acquisition progressed, with active accounts and ARPU reaching record highs.
Full-Year Review
Despite the impact of seasonality and the competitive environment, all key KPIs trended steadily. The user base on both the job seeker and client company sides expanded, advancing the foundation for further growth from the next fiscal year onward.
Kakaku.com, Inc. FY26/3 Results 12
Incubation
Quarterly Trends in Revenue and Segment IncomeYoY
+26.7%
(million yen)
27.5%
30.2%
32.9% 28.3%
27.4%
17.4%
19.8%
19.1%
YoY
+19.0%
2,825
2,524 2,520
2,230
843
2,078
2,201
562
565
1,765
1,882
572
818
562
550
567
1,265
912
1,328
1,307
1,235
901
1,023
1,119
418
507
461
538
296
271
308
293
309
Q1
Q2
Q3
Q4
Q1
189
Q2
FY25/3
167
Q3
FY26/3
138
Q4
829 801
673 | 691 | |||||
572 | ||||||
373 | 420 | |||||
307 | ||||||
Q1 | Q2 Q3 | Q4 | Q1 | Q2 Q3 | Q4 | |
FY25/3 | FY26/3 |
*Starting from FY26/3 Q1, we revised the internal breakdown of the Incubation segment. Revenue from businesses previously disclosed under "Lifestyle & Entertainment" is now aggregated under "Others." Accordingly, past figures have been retrospectively adjusted based on the new classification criteria. Furthermore, effective FY26/3 Q2, we have reclassified the amount of intercompany transaction eliminations, previously included in "Other," by apportioning it to each segment. Accordingly, the figures for FY26/3 Q1 have also been adjusted; however, the impact on the revenue of each segment is immaterial.
Home Services and Travel performed steadily, driving revenue and profit growth
Q4 Results
LiPLUS in the Home Services domain and Time Design in the "Travel" domain drove growth.
Full-Year Results
While growth in the Real Estate domain slowed, LiPLUS, which joined the Group in April 2025, and Time Design served as key growth drivers, achieving resulting in double-digit
revenue and segment.
profit
growth for the
Kakaku.com, Inc. FY26/3 Results 13
FY26/3 Consolidated Operating Results
FY26/3 Operating Results by Segment
FY27/3 Results Forecast
Appendix
Kakaku.com, Inc. FY26/3 Results 14
Results Forecast
Results and Dividend Forecast for FY27/3Revenue
(billion yen)
Operating Profit
(billion yen)
Dividend*
(yen)
Forecast
114.5
YoY +21.6%
941
78.44
60.80
49.27
42.07
36.36
44.86
53.70
FY25/3
FY26/3
FY27/3
37.3%
28.9%
Forecast
30.8
YoY +13.1%
26.9%
29.29
27.24
15.26
17.10
13.40
14.03
13.84
13.70
FY25/3
FY26/3
FY27/3
Payout Ratio | ||
78.9% (49.3%) | 52.6% | 51.6% |
Forecast
80
Special
30
54
50
Year-End
25
Year-End
25
Year-End
27
Interim
25
Interim
25
Interim
27
FY25/3
FY26/3
FY27/3
H1 H2 H1 H2 OP Margin* In FY25/3, the dividend per share was 80 yen, consisting of a regular dividend of 50 yen and a special dividend of 30 yen, with a payout ratio of 78.9%. Excluding the special dividend, the dividend per share was 50 yen, with a payout ratio of 49.3%.
For more details, please refer to the "Notice of Revision to Dividend Forecast for FY March 2025 (Special Dividend)" disclosed on February 6, 2025.
Kakaku.com, Inc. FY26/3 Results 15
Results Forecast
FY27/3 Results Forecast by SegmentRevenue | 246 | +4% | While the Shopping category continues to grow, the decline in the Financial | |
Kakaku.com | Segment Income | 133 | +6% | Services category from the prior year is expected to cycle through, positioning the segment for renewed growth. |
Revenue | 465 | +16% | Maintaining high growth centered on expanding online reservations, with a focus | |
Tabelog | Segment Income | 254 | +14% | on accelerating the expansion of its nationwide business footprint and pursuing medium- to long-term revenue opportunities such as restaurant DX. |
Revenue | 318 | - | Establish a dual-brand structure consisting of "Kyujin Box" and "engage," | |
HR* | Segment Income | -9 | - | building the foundation for medium- to long-term synergies. Segment profit will temporarily turn negative due to upfront costs associated with the consolidating engage. |
Revenue | 117 | +15% | Positioning LiPLUS and Time Design as growth pillars, while continuing to | |
Segment Income | 31 | +13% | explore new business development and M&A opportunities. |
(billion yen)
FY27/3 Forecast | YoY |
Incubation
Adjustment of Segment Income* -99 +13%
Increase due to investments in advanced technologies such as generative AI, office expansion driven by increasing sales headcount, and the establishment of management infrastructure following the consolidation of the engage business.
*From FY27/3 Q1, the combined total of Kyujin Box and the engage business will form the "HR" segment.
For Kyujin Box on a standalone basis, revenue of 26.2 billion yen (YoY +30%) and operating profit of 0 billion yen (an improvement of 1.5 billion yen yoy) are forecast.
Kakaku.com, Inc. FY26/3 Results 16
FY26/3 Consolidated Operating Results
FY26/3 Operating Results by Segment
FY27/3 Results Forecast
Appendix
Kakaku.com, Inc. FY26/3 Results 17
Appendix
Balance Sheet
As of March 31, 2025
(million yen)
As of March 31, 2026
(million yen)
Cash and cash equivalents 50,859 | Current liabilities 27,514 |
Non-current liabilities 3,856 | |
Total equity 62,134 | |
Other current assets 20,681 | |
Goodwillandotherintangibleassets 7,207 | |
Other non-current assets 14,757 |
Cash and cash equivalents 46,468 | Current liabilities 24,016 |
Non-current liabilities 3,289 | |
Total equity 65,170 | |
Other current assets 20,292 | |
Goodwillandotherintangibleassets 11,403 | |
Other non-current assets 14,312 |
Cash and cash equivalents decreased due to the payment of the year-end dividend in June (55 yen per share, totaling 10.9 billion yen) and the FY26/3 interim dividend in December (25 yen per share, totaling 5.0 billion yen).
Goodwill and intangible assets increased primarily due to the acquisition of LiPLUS Holdings, Inc.
Assets Liabilities/Equity Assets Liabilities/Equity
Kakaku.com, Inc. FY26/3 Results 18
Appendix
Cash Flow
(million yen)
FY25/3 Q4 | FY26/3 Q4 | YoY Change (%) | |
Operating Cash Flow | 27,404 | 25,354 | -7.5% |
Investing Cash Flow | -2,939 | -11,415 | -288.4% |
Financing Cash Flow | -11,302 | -18,374 | -62.6% |
Cash and Cash Equivalents at End of Period | 50,859 | 46,468 | -8.6% |
Main Components | |
Operating CF | |
Profit before income taxes | 27,347 |
Decrease in current liabilities | -7,620 |
Decrease in current assets | -5,592 |
Increase in financial liabilities | 4,978 |
Investing CF | |
Payments into time deposits | -10,000 |
Purchase of shares of subsidiaries resulting in change in scope of consolidation | -3,715 |
Financing Cash Flow | |
Dividends paid | -15,820 |
Kakaku.com, Inc. FY26/3 Results 19
Appendix
Mid-Term Plan (for reference)
Consolidated Mid-Term Plan
(billion yen)
Mid-Term Plan by Segment
(billion yen)
5-year CAGR +13%
1,430
784
530
293
Kakaku.com
Tabelog
5-year CAGR
FY30/3
Forecast
Revenue 270 +3%
Segment Income 150 +5%
Revenue 540 +10%
Segment Income 300 +11%
Revenue 500 +31%
Kyujin Box
Segment Income 150 +29%
Revenue 120 +9%
Incubation
Segment Income 40 +16%
FY25/3 FY30/3
Revenue Operating ProfitKakaku.com, Inc. FY26/3 Results 20
Appendix
Management Indices and Capital Allocation
ROE of 40% or more、Equity Ratio of 50% or more (Cost of Equity recognized to be around 7-8%)
Operating profit margin of 40% or more
Management Indices
Capital Allocation
Actively pursue growth investments, while providing a certain level of shareholder returns. (Shareholder Returns)
Continuously pay dividends (twice a year, payout ratio of 50% or more)
After growth investments, flexibly return surplus funds to shareholders (buybacks, special dividends)
(Growth Investments)
Expand business into new areas by leveraging existing business assets
Horizontally expand business into new industries using know-how from existing businesses
Investments in R&D related to advanced technologies
Kakaku.com, Inc. FY26/3 Results 21
Appendix
Past Results of Financial Indices
FY22/3 | FY23/3 | FY24/3 | FY25/3 | FY26/3 | |
Capital-to-Asset Ratio *1 | 68.0% | 60.9% | 61.7% | 66.1% | 70.3% |
ROE *2 | 30.1% | 33.7% | 36.5% | 35.4% | 29.7% |
EPS (yen) | 69.65 | 79.39 | 90.45 | 101.33 | 95.05 |
Dividend per share (yen) | 40 | 40 | 46 | 80 | 50 |
└Ordinary Dividend | 40 | 40 | 46 | 50 | 50 |
└Special Divided | - | - | - | 30 | - |
Total dividend payout (billion yen) | 81.9 | 81.1 | 91.7 | 158.2 | 98.9 |
Payout ratio | 57.4% | 50.4% | 50.9% | 78.9% | 52.6% |
Acquisition cost of treasury stock (billion yen) | 50 | 80 | 60 | 0 | 0 |
Total return ratio *3 | 92.3% | 99.8% | 83.8% | 78.9% | 52.6% |
*1 Capital-to-Asset Ratio = Equity attributable to owners of the parent company ÷ total assets × 100
*2 ROE = Profit attributable to owners of the parent company ÷ (Equity attributable to owners of the parent company) x 100
*3 Total Return Ratio = (Total dividend + Acquisition cost of treasury stock) ÷ Profit attributable to owners of the parent company x 100 Acquisition cost of treasury cost does not include fees or other expenses paid to the Tender Order Agent.
Kakaku.com, Inc. FY26/3 Results 22
Appendix
Number of Employees and Breakdown by Age Group and Job Function
Number of Directly Employed Employees
(on a consolidated basis, including temporary employees)
1,577 1,581
1,619 1,651
1,733 1,694 1,716 1,709 1,728 1,731 1,734 1,715
1,776
1,834 1,852
1,884
1,484 1,492 1,508 1,509
Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | |||||
FY22/3 | FY23/3 | FY24/3 | FY25/3 | FY26/3 |
Breakdown by age group and job function
(employees of Kakaku.com, Inc. as of March 2025)
40 and over 32%
Breakdown by
Age Group
20-29 19%
30-39 49%
Engineers 28%
Breakdown by
Job Function
Planning and Design of Websites/Services 31%
Sales 23%
Kakaku.com, Inc. FY26/3 Results 23
Appendix
Sustainability (Materiality and Main Initiatives
Providing Sustainable Services
We are committed to strengthening security and protecting our users' privacy to ensure that they can use our services with confidence, while actively advancing initiatives that enhance the user experience through technological innovation. Currently, we are proactively incorporating cutting-edge technologies-including generative AI-and are engaged in ongoing research and development to deliver innovative services.
Main Initiatives | |
Information Security |
|
Privacy Protection |
|
Service Quality Assurance |
|
Promotion of Technological Innovation and R&D for the Advancement of Services |
|
Developing and Leveraging a Diverse Workforce
To continuously expand our business and deliver services that are useful, accessible, and closely aligned with people's daily lives, we must respond to social and lifestyle changes, uncover new needs and business opportunities, and embrace ongoing transformation and innovation. We believe that achieving this requires a diverse workforce and an environment where everyone can fully realize their potential.
Main Initiatives | |
Occupational Health and Safety |
|
Human Resource Development |
|
Diversity, Equity & Inclusion (DE&I) |
|
Kakaku.com, Inc. FY26/3 Results 24
Appendix
Sustainability (Materiality and Main Initiatives
Contributing to a Healthy and Sustainable Society
Guided by our mission to "User First to Create New Norms," we offer internet services across a wide range of areas-including shopping, dining, job search, real estate, and travel-to make everyday life more convenient while continuously addressing various social issues. Through these efforts, we strive to contribute to the realization of a sustainable society.
Main Initiatives | |
Promoting a More Sustainable and Efficient Society Through IT |
|
Supporting Local Communities Through Owned Media |
|
Contributing to the Global Environment
We believe that sustainable economic growth and a prosperous society are only possible with a healthy global environment. Based on this belief, we have established the Kakaku.com Group Environmental Policy. In addition to addressing the urgent challenge of climate change, we are committed to contributing to environmental sustainability by promoting resource-conscious practices through our services.
Main Initiatives | |
Addressing Climate Change |
|
Contributing to a Circular Economy |
|
Promoting biodiversity and sustainable food resources |
|
Strengthening Governance
We believe that our Group should strive for mutual prosperity with all stakeholders-including shareholders, customers, business partners, employees, and society at large-and that doing so will lead to the continuous enhancement of corporate value. To achieve this, our approach to corporate governance is centered on two pillars: creating socially valuable services and strengthening relationships with stakeholders while enhancing our governance framework. We regard these efforts as a top management priority. Going forward, we will continue to review and improve our governance practices as necessary to ensure their effectiveness, in response to changes in the social environment and legal or regulatory developments.
Main Initiatives | |
Ensuring Effective Corporate Governance |
|
Business Ethics and Human Rights |
|
Risk Management |
|
Kakaku.com, Inc. FY26/3 Results 25
Appendix
Quarterly Trend of Revenue and Profit
(million yen)
FY22/3 | FY23/3 | FY24/3 | FY25/3 | FY26/3 | |||||||||||||
Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 |
Consolidated Revenue | 14,053 | 13,787 | 14,015 | 14,225 | 16,321 | 16,259 | 15,362 | 16,073 | 17,244 | 18,249 | 17,713 | 18,650 | 20,324 | 21,748 | 21,958 | 22,903 | 24,030 | 25,236 |
Kakaku.com | 5,967 | 6,244 | 5,669 | 5,397 | 6,655 | 5,870 | 5,176 | 5,108 | 5,512 | 5,930 | 5,612 | 5,580 | 6,034 | 6,419 | 5,836 | 5,749 | 5,970 | 6,057 |
Tabelog | 5,308 | 4,253 | 5,373 | 5,448 | 6,291 | 6,269 | 6,404 | 6,632 | 7,415 | 7,395 | 7,631 | 8,031 | 8,969 | 8,843 | 9,257 | 9,677 | 10,743 | 10,562 |
Kyujin Box | 1,234 | 1,499 | 1,397 | 1,460 | 1,528 | 1,933 | 1,985 | 2,265 | 2,381 | 2,717 | 2,706 | 2,962 | 3,440 | 4,256 | 4,664 | 4,952 | 4,797 | 5,792 |
Incubation | 1,544 | 1,792 | 1,576 | 1,920 | 1,847 | 2,187 | 1,797 | 2,069 | 1,936 | 2,207 | 1,765 | 2,078 | 1,882 | 2,230 | 2,201 | 2,524 | 2,520 | 2,825 |
Consolidated Operating Cost | 8,398 | 8,428 | 8,646 | 8,693 | 9,311 | 10,241 | 10,197 | 10,015 | 10,249 | 10,730 | 10,740 | 11,593 | 12,297 | 14,618 | 14,671 | 16,462 | 16,760 | 19,132 |
Advertising Expenses | 1,694 | 2,047 | 1,839 | 1,785 | 2,137 | 2,686 | 2,253 | 2,127 | 2,323 | 2,726 | 2,448 | 2,514 | 2,862 | 4,467 | 4,007 | 5,169 | 5,023 | 6,260 |
Commissions | 1,951 | 1,735 | 1,900 | 1,960 | 2,128 | 2,214 | 2,299 | 2,456 | 2,592 | 2,707 | 2,790 | 2,978 | 3,512 | 3,971 | 4,301 | 4,675 | 4,913 | 5,463 |
Agency Fees | 842 | 731 | 786 | 797 | 885 | 894 | 897 | 970 | 1,070 | 1,092 | 1,099 | 1,188 | 1,527 | 1,883 | 2,163 | 2,341 | 2,330 | 2,570 |
Service Fees, etc. | 1,109 | 1,004 | 1,114 | 1,163 | 1,242 | 1,320 | 1,402 | 1,486 | 1,521 | 1,614 | 1,691 | 1,790 | 1,985 | 2,088 | 2,138 | 2,334 | 2,584 | 2,894 |
Personnel Expenses | 2,610 | 2,573 | 2,802 | 2,822 | 2,830 | 2,763 | 3,105 | 3,013 | 2,937 | 2,873 | 3,056 | 3,041 | 3,060 | 3,053 | 3,269 | 3,314 | 3,330 | 3,371 |
Outsourcing | 856 | 916 | 842 | 923 | 910 | 1,097 | 1,124 | 1,124 | 1,003 | 1,091 | 1,013 | 1,109 | 1,272 | 1,400 | 1,427 | 1,565 | 1,663 | 1,683 |
Rent | 351 | 350 | 354 | 356 | 363 | 362 | 355 | 346 | 343 | 341 | 341 | 343 | 352 | 345 | 363 | 369 | 366 | 437 |
Depreciation | 463 | 456 | 464 | 474 | 492 | 523 | 547 | 533 | 507 | 519 | 535 | 570 | 571 | 584 | 636 *² | 651 | 672 | 673 |
Other*¹ | 473 | 351 | 444 | 374 | 452 | 597 | 513 | 416 | 544 | 473 | 556 | 1,037 | 667 | 797 | 668 | 688 | 792 | 1,329 |
Consolidated Operating Profit | 5,662 | 5,364 | 5,374 | 5,533 | 7,012 | 6,029 | 5,171 | 6,128 | 7,000 | 7,520 | 6,977 | 7,057 | 8,032 | 7,228 | 7,288 *² | 6,555 | 7,290 | 6,110 |
Kakaku.com | - | - | - | - | - | - | 2,565 | 2,567 | 2,916 | 3,202 | 2,859 | 2,215 | 3,172 | 3,488 | 3,133 | 3,010 | 3,168 | 3,237 |
Tabelog | - | - | - | - | - | - | 3,253 | 3,424 | 4,094 | 4,042 | 4,288 | 4,503 | 4,886 | 4,402 | 5,227 | 5,633 | 6,168 | 5,168 |
Kyujin Box | - | - | - | - | - | - | 995 | 1,211 | 1,113 | 1,288 | 1,148 | 1,315 | 1,219 | 581 | 356 | -724 | -501 | -617 |
Incubation | - | - | - | - | - | - | 206 | 577 | 517 | 660 | 307 | 572 | 373 | 673 | 391 *² | 720 | 829 | 801 |
Segment Income Adj. - | - | - | - | - | - | -1,849 | -1,651 | -1,640 | -1,672 | -1,625 | -1,549 | -1,618 | -1,915 | -1,819 | -2,083 | -2,374 | -2,480 | |
Profit Before Income Taxes 6,786 | 6,084 | 5,645 | 5,685 | 7,036 | 4,887 | 5,296 | 6,219 | 6,989 | 7,617 | 7,086 | 7,007 | 8,088 | 6,534 | 7,260 | 6,294 | 7,373 | 6,420 | |
Profit Attributable to Owners 4,673 | 3,846 | 4,171 | 3,880 | 4,784 | 3,317 | 3,651 | 4,265 | 4,761 | 5,419 | 4,824 | 4,766 | 5,509 | 4,934 | 5,006 | 4,362 | 5,002 | 4,433 | |
of the Parent
*1"Other" includes Other Expenses and Impairment Losses.
*2Operating profit for FY26/3 Q1 was adjusted to incorporate the effect of the PPA (Purchase Price Allocation) for LiPLUS Holdings Co., Ltd., which became a consolidated subsidiary on April 1, 2025.
Kakaku.com, Inc. FY26/3 Results 26
Appendix
Kakaku.com (Segment Overview)
Purchasing Support Site
Monthly Users* : 31.01 million (as of March 2026)
*Monthly unique users are counted as the number of browsers that visited the site (for certain browsers, operating systems, etc., there may be instances in which users who re-visited the site after a certain period are counted multiple times). Double-counting as a side effect of high-speed loading of mobile webpages and mechanical accesses by third parties' web-scraping bots etc. are eliminated to the fullest extent possible.
Business Overview
Shopping
Refer users to online malls and shops, or manufacturers, by providing information such as product specifications, prices, and supporting the decision-making of users considering to purchase a product.
Service
Refer users to service providers, by providing information such as service details and fees, and supporting the decision-making of users considering to apply for a service.
Advertising
Creating and distributing various advertisements, mainly on the Kakaku.com website.
Insurance (operating company: Kakaku.com Insurance, Inc.)
Solicitation and mediation of life and non-life insurance.
Business Model | ||||
Durables | PCs, home appliances, cameras, etc. | |||
Shopping | Consumables | furniture, fashion, shoes, accessories, cosmetics, etc. | Commission income based on clicks and sales performance | Clients: online malls and shops, electronics retailers, etc. |
Other | water servers, etc. | |||
Personal Finance | credit cards, loans (card loans, mortgages), investments , asset management, FX, etc. | |||
Service | Telecom | internet providers, overseas Wi-Fi rentals, low-cost SIM cards, etc. | Commission income based on applications for various services | Clients: service providers |
Automotive | used cars, car insurance, etc. | |||
Other | Energy (electricity, gas), English courses, etc. | |||
Advertising | banner ads, tie-in ads, search-based ads, etc. | Advertising revenue | Clients: manufacturers, service providers, etc. | |
Insurance | life insurance: death, medical and cancer insurance, etc. non-life insurance: fire, overseas travel and pet insurance | Commission income from life and non-life insurance solicitation and mediation | Clients: insurance companies | |
Kakaku.com, Inc. FY26/3 Results 27
Appendix
Kakaku.com (Quarterly Trend of Revenue and Segment Income)
5,669 5,512 5,612 5,580 5,749
5,967 6,244 6,655 5,870 5,930 6,034 6,419 5,836 5,970 6,057
5,397 5,176 5,108
Q3 Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | ||||
FY22/3 | FY23/3 | FY24/3 | FY25/3 | FY26/3 |
(million yen)
Revenue | 5,967 | 6,244 | 5,669 | 5,397 | 6,655 | 5,870 | 5,176 | 5,108 | 5,512 | 5,930 | 5,612 | 5,580 | 6,034 | 6,419 | 5,836 | 5,749 | 5,970 | 6,057 |
Shopping | 2,184 | 2,217 | 2,093 | 1,888 | 2,029 | 2,039 | 1,886 | 1,775 | 1,855 | 1,926 | 1,830 | 1,825 | 1,951 | 2,046 | 1,935 | 1,892 | 2,047 | 2,134 |
Durables | 1,478 | 1,544 | 1,473 | 1,383 | 1,445 | 1,494 | 1,358 | 1,254 | 1,333 | 1,413 | 1,311 | 1,289 | 1,405 | 1,518 | 1,430 | 1,383 | 1,534 | 1,611 |
Consumables | 627 | 601 | 537 | 425 | 482 | 415 | 377 | 375 | 403 | 395 | 384 | 388 | 425 | 428 | 405 | 389 | 407 | 420 |
Other | 79 | 72 | 82 | 80 | 103 | 130 | 152 | 145 | 119 | 119 | 135 | 149 | 121 | 101 | 100 | 121 | 106 | 103 |
Service | 1,811 | 2,266 | 1,945 | 1,890 | 1,885 | 2,295 | 2,017 | 2,008 | 2,168 | 2,632 | 2,452 | 2,317 | 2,375 | 2,808 | 2,530 | 2,413 | 2,201 | 2,442 |
Personal Finance | 765 | 838 | 802 | 814 | 819 | 1,002 | 906 | 880 | 1,022 | 1,198 | 1,136 | 1,054 | 1,128 | 1,263 | 1,132 | 1,095 | 956 | 924 |
Telecom | 362 | 482 | 383 | 372 | 399 | 503 | 489 | 554 | 560 | 692 | 640 | 635 | 656 | 764 | 740 | 692 | 648 | 784 |
Automotive | 468 | 580 | 497 | 507 | 473 | 545 | 419 | 400 | 400 | 472 | 435 | 405 | 385 | 506 | 433 | 428 | 405 | 507 |
Other | 216 | 366 | 263 | 198 | 193 | 244 | 203 | 175 | 186 | 270 | 241 | 223 | 205 | 275 | 224 | 198 | 192 | 227 |
Advertising | 1,324 | 1,081 | 908 | 894 | 1,062 | 804 | 639 | 661 | 805 | 655 | 578 | 671 | 938 | 785 | 561 | 632 | 931 | 661 |
Banner/Tie-In Ads | 1,183 | 946 | 794 | 804 | 960 | 706 | 559 | 594 | 726 | 595 | 526 | 620 | 883 | 734 | 520 | 585 | 897 | 631 |
Network Ads | 140 | 135 | 113 | 90 | 102 | 98 | 80 | 67 | 80 | 60 | 52 | 51 | 55 | 52 | 42 | 48 | 35 | 31 |
Insurance | 648 | 680 | 723 | 724 | 1,680 | 732 | 633 | 664 | 684 | 717 | 751 | 767 | 770 | 779 | 809 | 811 | 790 | 819 |
Segment Income | - | - | - | - | - | - | 2,565 | 2,567 | 2,916 | 3,202 | 2,859 | 2,215 | 3,172 | 3,488 | 3,133 | 3,010 | 3,168 | 3,237 |
Kakaku.com, Inc. FY26/3 Results 28
Appendix
Tabelog (Segment Overview)
Restaurant search and reservation service
Monthly Users * : 97.08 million users (as of March 2026)
*Monthly unique users are counted as the number of browsers that visited the site (for certain browsers, operating systems, etc., there may be instances in which users who re-visited the site after a certain period are counted multiple times). Double-counting as a side effect of high-speed loading of mobile webpages and mechanical accesses by third parties' web-scraping bots etc. are eliminated to the fullest extent possible.
Business Overview
Restaurant Promotion
Support restaurants to attract customers, through priority display in standard search results in Tabelog, and providing added information, such as photos and descriptions to convey the appeal or specialties of restaurants
Restaurant Reservation
Online restaurant reservation service.
Premium Users
Subscription-based service for users, with benefits such as coupons and being able to access rankings based on user-ratings on mobile devices.
Advertising
Creating and distributing advertisements on Tabelog, targeting users with a high interest in gourmet food.
In addition, we provide operational support for restaurants, such as in-store mobile ordering (Tabelog Order),an online reservation ledger (Tabelog Note), and a procurement service (Tabelog Shi-ire ("Tabelog Procurement")).
Business Model | ||
Restaurant Advertising | Income from fixed monthly fees, based on service provided ¥10,000 / ¥25,000 / ¥50,000 / ¥100,000 | Clients: restaurants |
Restaurant Reservation | Income from fees based on number of customer referrals dinner: ¥200/person lunch: ¥100/person | Clients: restaurants |
User Membership | Income from user fees for access to premium content | Clients: users |
Advertising | Advertising revenues from banner ads, tie-in ads, search-based ads, etc. | Clients: manufacturers, service providers, etc. |
Kakaku.com, Inc. FY26/3 Results 29
Appendix
Tabelog (Quarterly Trend of Revenue, Segment Income and Key KPIs)
6,404 6,632 7,415 7,395 7,631
8,031 8,969 8,843
9,257 9,677 10,743 10,562
5,308
4,253
5,373 5,448 6,291 6,269
(million yen) Revenue | Q3 FY22 5,308 | Q4 /3 4,253 | Q1 5,373 | Q2 FY23 5,448 | Q3 /3 6,291 | Q4 6,269 | Q1 6,404 | Q2 FY24 6,632 | Q3 /3 7,415 | Q4 7,395 | Q1 7,631 | Q2 FY25 8,031 | Q3 /3 8,969 | Q4 8,843 | Q1 9,257 | Q2 FY26 9,677 | Q3 /3 10,743 | Q4 10,562 |
Restaurant Promotion | 2,812 | 2,495 | 2,908 | 2,996 | 3,137 | 3,125 | 3,091 | 3,160 | 3,270 | 3,363 | 3,441 | 3,567 | 3,685 | 3,808 | 3,982 | 4,096 | 4,211 | 4,335 |
Restaurant Reservation | 1,588 | 936 | 1,708 | 1,620 | 2,334 | 2,335 | 2,588 | 2,666 | 3,215 | 3,165 | 3,401 | 3,532 | 4,340 | 4,176 | 4,405 | 4,649 | 5,618 | 5,391 |
User Memberships | 374 | 370 | 369 | 366 | 372 | 390 | 374 | 380 | 390 | 394 | 394 | 399 | 405 | 410 | 405 | 410 | 415 | 420 |
Advertising | 500 | 422 | 360 | 444 | 448 | 420 | 349 | 424 | 533 | 463 | 383 | 515 | 517 | 424 | 438 | 480 | 459 | 367 |
Income from Commissioned Operations | 27 | 23 | 23 | 18 | 2 | - | - | - | - | - | - | - | - | - | - | - | - | - |
Other | 7 | 7 | 5 | 5 | 3 | 2 | 2 | 3 | 7 | 9 | 12 | 17 | 22 | 25 | 28 | 43 | 40 | 48 |
Segment Income | - | - | - | - | - | - | 3,253 | 3,424 | 4,094 | 4,042 | 4,288 | 4,503 | 4,886 | 4,402 | 5,227 | 5,633 | 6,168 | 5,168 |
Rest. Promotion No. of Restaurants (end of quarter) | 44,600 | 44,300 | 44,400 | 45,000 | 46,100 | 45,200 | 45,800 | 47,300 | 49,000 | 49,400 | 50,200 | 52,000 | 54,800 | 56,000 | 57,700 | 60,400 | 62,900 | 63,500 |
Rest. Promotion ARPU (end of quarter, yen) | 21,200 | 18,800 | 21,900 | 22,300 | 22,800 | 23,000 | 22,500 | 22,400 | 22,600 | 22,800 | 23,000 | 23,000 | 22,800 | 23,000 | 23,100 | 22,800 | 22,700 | 22,900 |
Rest. Reservation No. of Restaurants (end of quarter) | 58,400 | 59,300 | 61,000 | 62,900 | 62,800 | 64,000 | 65,700 | 68,000 | 71,100 | 73,300 | 75,500 | 78,500 | 82,300 | 84,700 | 87,400 | 90,000 | 93,700 | 96,300 |
Rest. Reservation ARPU (end of quarter, yen) | 9,000 | 5,300 | 9,400 | 8,700 | 12,300 | 12,300 | 13,300 | 13,200 | 15,300 | 14,600 | 15,100 | 14,900 | 17,300 | 16,200 | 16,500 | 16,700 | 19,100 | 17,700 |
Online Reservations (quarterly total, million) | 11.35 | 7.11 | 12.24 | 11.39 | 16.56 | 16.55 | 18.23 | 18.32 | 23.07 | 22.26 | 23.66 | 24.05 | 29.99 | 28.31 | 29.76 | 30.69 | 37.60 | 35.75 |
Kakaku.com, Inc. FY26/3 Results 30
Appendix
Kyujin Box (Segment Overview)
Comprehensive job search service
Monthly Users*:15.57 million users (as of March 2026)
*Monthly unique users are counted as the number of browsers that visited the site (for certain browsers, operating systems, etc., there may be instances in which users who re-visited the site after a certain period are counted multiple times). Double-counting as a side effect of high-speed loading of mobile webpages and mechanical accesses by third parties' web-scraping bots etc. are eliminated to the fullest extent possible.
キュージンカフェの短期キ ッチンスタッフ
KJB CAFE
渋谷カフェのホール・キッ チンスタッフ
Business Overview
Provide a comprehensive search engine for job information. Referral of job seekers to job sites and hiring companies, by supporting job seekers to find a job that matches their desired conditions, out of more than 10 million job listings. Includes listings posted on online job boards and companies' recruitment sites, as well as information directly posted by employers on Saiyo Board*. Listings are not limited to a certain area, employment type or job category.
How job listings are posted on Kyujin Box
Crawling : Job listings are published by integrating data from job sites and hiring companies.
Saiyo Board : Employers directly submit and post job-related information
Listing Ads (paid) : Preferred display in search results
*Listing job information on Kyujin Box is free of charge. Fees are incurred only when a paid listing ad is clicked (performance-based model).
*Saiyo Board ("Hiring Board") : A platform designed for companies that do not have their own recruitment website. By simply entering job details into a standardized form, employers can easily create a job page and publish it on Kyujin Box at no cost. When applications are received, employers are notified via email. They can then view applicant details and contact information to proceed with individual interviews and hiring decisions.
Business Model | ||
Kyujin Box | Income from commissions based on the number of users referred to job sites and employers' websites, (i.e. no. of clicks) through paid listing ads*. | Clients: job sites (incl. employment agencies and temp staff services), employers (incl. employers using Saiyo Board) |
* A bidding system allows advertisers to adjust their cost-per-click in increments of one yen, from 25 to 1,000 yen.
Kakaku.com, Inc. FY26/3 Results 31
Appendix
Kyujin Box (Quarterly Trend of Revenue, Segment Income and Key KPIs)
1,234 1,499 1,397 1,460 1,528
1,933 1,985 2,265 2,381
2,717 2,706 2,962
3,440
4,664 4,952 4,797
4,256
5,792
Q3 Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | ||||
FY22/3 | FY23/3 | FY24/3 | FY25/3 | FY26/3 |
(million yen)
Revenue | 1,234 | 1,499 | 1,397 | 1,460 | 1,528 | 1,933 | 1,985 | 2,265 | 2,381 | 2,717 | 2,706 | 2,962 | 3,440 | 4,256 | 4,664 | 4,952 | 4,797 | 5,792 |
Segment Income | - | - | - | - | - | - | 995 | 1,211 | 1,113 | 1,288 | 1,148 | 1,315 | 1,219 | 581 | 356 | -724 | -501 | -617 |
Monthly Users (quarterly average, million users) | 7.13 | 8.00 | 8.52 | 7.97 | 7.42 | 8.51 | 9.10 | 8.78 | 8.37 | 9.81 | 10.67 | 10.98 | 9.33 | 11.42 | 11.66 | 12.47 | 11.62 | 14.37 |
Monthly Visits (quarterly average, million visits) | - | - | - | - | - | - | - | - | - | - | 23.15 | 22.80 | 20.68 | 25.75 | 27.89 | 29.94 | 27.60 | 32.85 |
Active Client Accounts (quarterly average) | - | - | - | - | - | - | - | - | - | - | 8,600 | 8,800 | 10,100 | 10,900 | 12,500 | 13,800 | 13,300 | 14,500 |
ARPU (quarterly average, ten thousand yen) | - | - | - | - | - | - | - | - | - | - | 10.5 | 11.1 | 11.4 | 12.8 | 12.3 | 11.8 | 11.8 | 13.3 |
Kakaku.com, Inc. FY26/3 Results 32
Appendix
Incubation (Overview of Main Services)
Real Estate
Travel and Transportation
Home Services
Lifestyle
Residential Real Estate Website
Dynamic Package Reservation Platform
Price Comparison Service for Highway and Overnight Buses
Home Service Matching Platform
Lifestyle Media
Operating company: Time Design Co., Ltd.
Operating company: LCL, Inc.
Operating company: LiPlus Holdings inc.
Comparison Site for the Cheapest Bus, Airline and Bullet Train Tickets
Travel-Review and Comparison Site
Operating company: LCL, Inc.
Online Travel Information and Hotel Reservation Media
Kakaku.com, Inc. FY26/3 Results 33
Appendix
Incubation (Quarterly Trend of Revenue and Segment Income)
1,544
1,792
1,576
1,920 1,847
2,187
1,797
2,069
1,936
2,207
1,765
2,078
1,882
2,230 2,201
2,524 2,520
2,825
Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | Q1 | Q2 | Q3 | Q4 | |||||
FY22/3 | FY23/3 | FY24/3 | FY25/3 | FY26/3 |
(百万円)
Revenue | 1,544 | 1,792 | 1,576 | 1,920 | 1,847 | 2,187 | 1,797 | 2,069 | 1,936 | 2,207 | 1,765 | 2,078 | 1,882 | 2,230 | 2,201 | 2,524 | 2,520 | 2,825 |
Real Estate | 466 | 658 | 499 | 502 | 523 | 760 | 534 | 548 | 553 | 855 | 567 | 572 | 550 | 818 | 562 | 562 | 565 | 843 |
Travel/Transportation | 537 | 550 | 607 | 956 | 815 | 879 | 793 | 1,152 | 975 | 1,057 | 901 | 1,235 | 1,023 | 1,119 | 912 | 1,265 | 1,328 | 1,307 |
Home Services | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 418 | 507 | 461 | 538 |
Other | 540 | 584 | 470 | 463 | 509 | 547 | 470 | 368 | 408 | 295 | 297 | 271 | 308 | 293 | 309 | 189 | 167 | 138 |
Lifestyle/ Entertainment | 547 | 589 | 462 | 461 | 511 | 556 | 490 | 368 | 375 | 298 | 320 | 289 | 330 | 320 | 309 | 189 | 167 | 138 |
Other (incl. intercompany offset) | -7 | -5 | 8 | 2 | -2 | -9 | -20 | 0 | 33 | -3 | -24 | -18 | -22 | -27 | - | - | - | - |
Segment Income | - | - | - | - | - | - | 206 | 577 | 517 | 660 | 307 | 572 | 373 | 673 | 391 | 720 | 829 | 801 |
*Starting from FY26/3 Q1, we revised the internal breakdown of the Incubation segment. Revenue from businesses previously disclosed under "Lifestyle & Entertainment" is now aggregated under "Others." Accordingly, past figures have been retrospectively adjusted based on the new classification criteria. Furthermore, effective FY26/3 Q2, we have reclassified the amount of intercompany transaction eliminations, previously included in "Other," by apportioning it to each segment. Accordingly, the figures for FY26/3 Q1 have also been adjusted; however, the impact on the revenue of each segment is immaterial.
Kakaku.com, Inc. FY26/3 Results 34
Company Name | Kakaku.com, Inc. | |
Founded | December 1997 | |
Capital | 916 million yen(as of March 31, 2025) | |
Representative Director | Atsuhiro Murakami (President) | |
Address | Head Office: Digital Gate Building, 3-5-7 Ebisu-Minami, Shibuya-ku, Tokyo Shibuya Office: Shibuya PARCO DG Bldg., 12-14F, 15-1, Udagawa-cho, Shibuya-ku, Tokyo | |
URL | https://corporate.kakaku.com/ | |
Share Listing | Prime Market of Tokyo Stock Exchange | |
Securities Code | 2371 | |
Related Companies | Kakaku.com Insurance, Inc. Time Design Co., Ltd. LCL, Inc LiPLUS Holdings inc. engage Inc. | https://kakakucom-insurance.co.jp/ https://www.timedesign.co.jp/ https://www.lclco.com/ https://liplus-s.com/ https://corp.en-gage.net/ |
Contact Form | https://corporate.kakaku.com/contact/form_ir | |
Note: Information and projections of future performance contained in this document include the Company's judgments premised on information available at this time and assumptions concerning uncertainties. They may differ from actual business performance and results due to a variety of factors.
Kakaku.com, Inc. FY26/3 Results 35

