Industries›12 companies · latest full-year results
Industry providing online platforms such as e-commerce, portals, social media, and mobile applications.
The 12 internet services companies we cover had combined revenue of ¥4.5T (+9.1% year over year) and operating profit of ¥271.2B, an industry-wide operating margin of 6.0%.
Rakuten leads on revenue (¥2.5T, a 55.3% share), and the top three hold 81% of industry sales. 6 grew both revenue and operating profit; 1 saw both fall.
Kakaku.com has the highest operating margin (28.9%); average pay across the industry is ¥8.20M, highest at Mercari (¥11.8M).
Industry total
Internet Services · 12 companies
YoY compares companies with prior-year figures
StockShares are −3.6% over a year, behind the all-industry average (+14.9%) — #49 of 53 industries.Details
GuidanceCompany plans for FY2027 (9 companies combined): revenue +11.1%, operating profit +2.7%. Planned profit growth is below the all-industry plan (+13.0%).Details
Revisions2 raised and 0 cut this year's forecast. The biggest revision: Sakura (operating profit +173.3%).Details
Latest resultsYear to date through Q1, 4 companies combined: revenue +1.5%, operating profit −28.2% year over year. 4 are ahead of an even pace toward their full-year plan, 1 behind.Details
Disclosures16 TSE filings in the last 90 days (tender offers 7, M&A and restructuring 2, buybacks 1).Details
Earnings dates8 companies report within 30 days, starting with Kakaku.com on Nov 4 and istyle on Nov 9.Details
None
| Company | Op. profit (last FY) | This year's plan | Plan change | Revision | Progress (Q3 cumulative) |
|---|---|---|---|---|---|
| ¥71.7B | ¥77.0B | +7.4% | Up +54.0% | 88% |
| ¥43.9B | ¥45.0B | +2.5% | - | - |
| ¥22.3B | ¥19.5B | −12.4% | Unchanged | 65% |
| ¥18.7B | ¥15.0B | −19.8% | Unchanged | 49% |
| ¥27.2B | ¥30.8B | +13.1% | Unchanged | 22% |
| ¥4.1B | ¥5.0B | +22.4% | - | - |
 | ¥-403M | ¥4.1B | - | Up +173.3% | 72% |
 | ¥5.0B | ¥5.8B | +15.9% | - | 28% |
 | ¥5.2B | ¥5.4B | +3.0% | Unchanged | 17% |
Plans are each company's forecast for the current year from its earnings release. Plan change compares with last year's results; revisions compare the latest forecast with the first one given for the year. Progress is cumulative operating profit ÷ the full-year plan, against an even pace of 25% after Q1, 50% after Q2 and 75% after Q3 (a rough guide for seasonal businesses).
| Change | 1M | 3M | 1Y |
|---|---|---|---|
| Internet Services | −3.8% | −4.3% | −3.6% |
| All industries | −2.7% | −0.9% | +14.9% |
| vs. market | −1.1pt | −3.4pt | −18.6pt |
Rank among industries:3M #31/531Y #49/53
Industry returns are an equal-weighted (geometric) average of member companies. Prices are split-adjusted closes for reference, not real-time.
Totals for the 3 covered companies with full-year results for every year from FY2022 to FY2026. The set is fixed, so adding or removing coverage doesn't move the figures.
Average salary is the reporting entity's figure (often a holding company) from its annual securities report. Holding companies with fewer than 50 staff are excluded.
| Company | Revenue | YoY | Operating profit | Margin | Share | Average salary | Average age | Employees |
|---|---|---|---|---|---|---|---|---|
| 1 | ¥2.5T | +9.5% | ¥14.4B | 0.6% | 55.3% | ¥8.21M | 35.3 | 9,885 |
| 2 | ¥874.0B | +9.1% | ¥71.7B | 8.2% | 19.4% | ¥9.14M | 33.8 | 2,588 |
| 3 | ¥285.3B | +3.3% | ¥59.1B | 20.7% | 6.3% | ¥6.93M | 37.9 | 723 |
| 4 | ¥229.3B | +19.0% | ¥43.9B | 19.1% | 5.1% | ¥11.8M | 36.3 | 1,543 |
| 5 | ¥171.4B | +10.7% | ¥22.3B | 13.0% | 3.8% | ¥8.47M | 38.1 | 1,316 |
| 6 | ¥147.7B | −9.9% | ¥18.7B | 12.7% | 3.3% | ¥8.83M | 37.9 | 1,448 |
| 7 | ¥94.1B | +20.0% | ¥27.2B | 28.9% | 2.1% | ¥7.55M | 37.3 | 1,152 |
| 8 | ¥81.8B | +19.0% | ¥4.1B | 5.0% | 1.8% | ¥6.83M | 35.7 | 539 |
| 9 | ¥41.0B | +7.0% | - | - | 0.9% | ¥8.50M | 39.7 | 557 |
| 10 | ¥35.3B | +12.4% | ¥-403M | -1.1% | 0.8% | ¥7.41M | 40.3 | 934 |
| 11 | ¥31.7B | +23.0% | ¥5.0B | 15.8% | 0.7% | - | - | - |
| 12 | ¥24.5B | +4.1% | ¥5.2B | 21.4% | 0.5% | ¥6.54M | 40.0 | 978 |
| Industry total / average | ¥4.5T | +9.1% | ¥271.2B | 6.0% | 100% | ¥8.20M | 37.5 | 21,663 |
Revenue and operating profit are from each company's latest full-year results. Green margins are at or above the industry margin. Financial institutions may not report operating profit.
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