$Jig Jp(5244.JP)$
Jig.jp Analyst Report (IR, Stock, IPO) | Securities Research Center
◆ Business description
・The Jig.jp Group consists of 3 companies: Jig.jp and consolidated subsidiaries A Inc., and B Inc. Live streaming businesses, browser businesses, etc. for general consumers are carried out based on the corporate philosophy of “providing software closest to users and realizing a richer society,” and the live streaming business accounts for the majority of sales.
◆ Overview of financial results for the fiscal year ending March 31, '24
・Net sales for the 24/3 fiscal year were 12,247 million yen (up 16.6% from the previous fiscal year), and operating profit was 1,804 million yen (up 82.3% from the same period). The number of unique paid users who purchased paid items and provided support during live streaming steadily increased, and sales continued to increase, and effective operation of advertising costs and reduction of settlement fees contributed, resulting in an operating profit increase rate that exceeded the rate of increase in sales.
◆ Earnings forecast for the fiscal year ending 25/3
・The company plan for the 25/3 fiscal year is sales of 13,500 million yen (up 10.2% from the previous fiscal year) and operating profit of 2,000 million yen (up 10.8% from the same period). The number of unique users that continue to pay...

$Iceco(7698.JP)$
Isco Analyst Report (IR, Stock, IPO) | Securities Research Center
◆ Company Overview
・ICCO is engaged in food wholesaling (frozen business) and operating food supermarkets (supermarket business) specializing in ice cream and commercially available frozen foods.
◆ Financial results for the fiscal year ending March 24
・The financial results for the 24/3 fiscal year were net sales of 50,498 million yen (up 12.5% from the previous fiscal year) and operating profit of 452 million yen (up 285.9% from the same period). The supermarket business continued to struggle, but the frozen business performed better than expected against the backdrop of price increases and an increase in new store openings by client companies, resulting in an increase in profit that greatly exceeded the initial plan.
◆ Earnings forecast for the fiscal year ending 25/3
・Regarding financial results for the 25/3 fiscal year, ICCO plans sales of 54,000 million yen (up 6.9% from the previous fiscal year) and operating profit of 500 million yen (up 10.5% from the same period).
・The Securities Research Center (hereafter, the Center) predicted sales of 54,921 million yen (up 8.8% from the previous fiscal year) and operating profit of 535 million yen (up 18.3% from the same period) for the 25/3 fiscal year. The emergence of client companies in the frozen business...

$SBI Rheos Hifumi(165A.JP)$
SBI Leo Hifumi Analyst Report (IR, Stock, IPO) | Securities Research Center
1. Company Overview
・SBI Leo Hifumi is a holding company whose core subsidiary is Leos Capital Works, an asset management company that manages and sells “Hifumi” brand investment trusts such as “Hifumi Plus,” which boasts the largest total net assets among domestic investment trusts managed mainly in Japanese stocks.
・Contractor remuneration for mutual fund outsourcing operations accounted for 98.6% of operating revenue for the 24/3 period, making it a core business. The balance of assets under management at the end of the 24/3 period reached 1 trillion368.8 billion yen, of which 982.2 billion yen was sold through sales partners such as securities companies and banks.
2. Financial analysis
・Sales increased by an average of 17.8% per year from the 18/3 period (standalone) to the 24/3 period (consolidated) due to an increase in asset balances under management, etc. Meanwhile, the average annual growth rate of ordinary income during the same period remained at 8.1% due to an increase in the balance composition ratio of public offering mutual funds sold through sales partners and deterioration in operating income payment fee rates, etc...

$Broad-Minded(7343.JP)$
Broadmind Analyst Report (IR, Stock, IPO) | Securities Research Center
◆ Company Overview
・Broadmind mainly provides financial consulting services centered on life insurance for general income groups in their 20s to 40s with an annual household income of 3 million yen or more and less than 20 million yen.
◆ Financial results for the fiscal year ending March 24
・The financial results for the 24/3 fiscal year were net sales of 5,221 million yen (up 20.8% from the previous fiscal year) and operating profit of 722 million yen (up 16.7% from the same period). The company revised the company plan upward over two periods, 23/11 and 24/2, but it fell short of the level revised in February. However, to the point where the main life insurance agency business maintained an increase in sales on par with the previous fiscal year due to an increase in sales of savings insurance with high annualized insurance premiums, a drastic increase in sales in the real estate sales business contributed and maintained strong sales.
◆ Earnings forecast for the fiscal year ending 25/3
・Regarding financial results for the 25/3 fiscal year, Broadmind plans sales of 6,170 million yen (up 18.2% from the previous fiscal year) and operating profit of 820 million yen (up 13.5% from the same period).
・Securities Research Center...

$Global Style(7126.JP)$
Global Style Analyst Report (IR, Stock, IPO) | Securities Research Center
◆ Company Overview
・Global Style is an enterprise that plans and sells custom suits with “GINZA Global Style” as its core business category.
◆ Consolidated financial results for the 3rd quarter of the fiscal year ending 2014/7
・The financial results for the cumulative period of the 3rd quarter of the 24/7 fiscal year (hereafter, first half) were sales of 8,375 million yen (up 6.8% from the same period last year) and operating income of 436 million yen (down 21.2% from the same period). The opening of 5 new stores (excluding business type changes) contributed to the increase in sales. On the profit side, gross profit margin improved slightly from the same period last year, but an increase in store opening costs led to a decline in profit.
◆ Earnings Forecast for the Fiscal Year Ending July 24
・Regarding the 24/7 financial results, Global Style has left unchanged its initial plan of sales of 12,183 million yen (up 17.1% from the previous fiscal year) and operating profit of 744 million yen (up 12.8% from the same period).
・The Securities Research Center (hereafter, our center) predicted almost the same level as the company plan for the 24/7 period. 2...

$Sanei(6230.JP)$
SANEI Analyst Report (IR, Stock, IPO) | Securities Research Center
◆ Company Overview
・SANEI is a manufacturer specializing in plumbing products such as water taps, plumbing and drainage fittings, fittings, piping components, etc., and most of its sales are for housing.
◆ Financial results for the fiscal year ending March 24
・The financial results for the 24/3 fiscal year were net sales of 27,532 million yen (up 3.6% from the previous fiscal year) and operating profit of 1,975 million yen (up 117.9% from the same period). Although volume could not be increased due to a decrease in the number of newly built housing starts, sales price revisions penetrated more than expected, and along with an improvement in gross profit margin, profit increased above profit after the upward revision.
◆ Earnings forecast for the fiscal year ending 25/3
・Regarding financial results for the 25/3 fiscal year, SANEI is planning sales of 28,500 million yen (up 3.5% from the previous fiscal year) and operating profit of 2040 million yen (up 3.3% from the same period).
・The Securities Research Center (hereafter, the Center) predicted sales for the 25/3 fiscal year to be 28,500 million yen (up 3.5% from the previous fiscal year), the same amount as the SANEI plan, and operating profit was 2,092 million yen (up 5.9% from the same period), slightly higher than the company plan. Continuing from the previous fiscal year, sales prices...

$Valtes Holdings(4442.JP)$
Baltez Holdings Analyst Report (IR, Stock, IPO) | Securities Research Center
◆ Company Overview
・As a “total support company for quality improvement,” Valtes Holdings is an enterprise that provides services centered on software testing.
◆ Financial results for the fiscal year ending March 24
・The financial results for the 24/3 fiscal year were net sales of 10,362 million yen (up 14.4% from the previous fiscal year) and operating profit of 840 million yen (down 13.3% from the same period). The achievement rate for the initial company plan remained at 92.7% of sales and 68.5% of operating profit. Project managers and sales expansion could not keep up with business expansion, and profit declined because growth was sluggish mainly in the software testing service business, and costs were spent on countermeasures.
◆ Earnings forecast for the fiscal year ending 25/3
・Regarding financial results for the 25/3 fiscal year, Valtes Holdings plans sales of 11,500 million yen (up 11.0% from the previous fiscal year) and operating profit of 980 million yen (up 16.6% from the same period).
・Securities Research Center...

$Prism Biolab(206A.JP)$
PRISM BioLab Analyst Report (IR, Stock, IPO) | Securities Research Center
PRISM BioLab is developing low molecular weight pharmaceuticals that control protein-protein interaction (PPI) within cells using low molecular weight organic compounds that mimic peptides using unique “Pepmetics (Peptide Mimetics)” technology.
Within cells, various proteins transmit signals in response to stimulation from outside the cell, and are transmitted to DNA in the cell nucleus to generate mRNA, and new proteins are generated by translating mRNA information.
PPI plays an important role in intracellular signal transmission, and since abnormalities cause disease, it is a target for drug discovery to treat diseases. Antibody pharmaceuticals are used to control proteins outside cells, but since antibody pharmaceuticals have a large molecular weight, they cannot enter the cell.
On the other hand, conventional low molecular weight pharmaceuticals can enter cells, but since they have a flat structure, they have a three-dimensional structure...

$Logos Holdings(205A.JP)$
The Logos Holdings Group mainly focuses on the construction of detached custom-built homes. The Logos Holdings Group is comprised of the same company, Logos Home, Hoei Construction, GALLERY HOUSE, ROOTLINK, and Logos Creative Office Philippines. It consists of a total of 6 Inc. companies.
The three companies Logos Home, Hoei Kensetsu, and GALLERY HOUSE all sell custom-built homes, condominiums, and residential land, and GALLERY HOUSE is also undergoing renovation.
ROOT LINK provides housing design assistance and IT consulting for construction companies, and Logos Creative Office Philippines. Inc. is a subsidiary of ROOT LINK and carries out CAD operations for group companies.
The sales structure for the 23/5 fiscal year was 72.1% for custom-built homes, 7.1% for sale housing, 16.5% for residential land sales, and 4.3% for others. In custom-built homes, full orders and...

$B&P(7804.JP)$
◆ Company Overview
・B&P (hereafter, the company) provides inkjet output services using large format inkjet printers for commercial use.
◆ 2nd quarter cumulative period settlement for the fiscal year ending 2014/10
・The financial results for the cumulative period of the 2nd quarter (hereinafter referred to as the first half) of the 24/10 fiscal year were sales of 1,629 million yen (up 4.5% from the same period last year) and operating income of 255 million yen (up 15.9% from the same period). There were also projects that were off schedule in the 3rd quarter, but sales increased mainly in sales promotion advertisements, making it the highest sales ever for the first half. Also, improvements in gross profit margin progressed due to productivity improvements, etc.
◆ Earnings forecast for the fiscal year ending 24/10
・Regarding financial results for the 24/10 fiscal year, the company plans sales of 3,400 million yen (up 7.1% from the previous fiscal year) and operating profit of 492 million yen (up 9.0% from the same period).
・The Securities Research Center (hereafter, the Center) predicted sales of 3,400 million yen (up 7.1% from the previous fiscal year) and operating profit of 509 million yen (up 12.7% from the same period) for the 24/10 fiscal year, which exceeded the company plan. Continuing from the first half, sales promotion...