TIMEE (215A) investor relations material

Executive summary

• Net sales for FY26/4 1Q reached ¥10,856 million (+25.6% YoY), with operating profit at ¥2,108 million (+49.2% YoY, OPM 19.4%), reflecting strong growth in both sales and profits.

• Registered workers exceeded 13.47 million and registered client accounts surpassed 440,000, with transaction volume reaching ¥36,172 million (+21.0% YoY).

• Both spot work and non-spot work segments showed steady progress toward forecasts, with strategic investments executed as planned.

• High fill rate of 84.9% maintained, driven by expansion in logistics, retail, and social care industries.

Financial highlights

• Gross profit was ¥10,002 million (+21.8% YoY, gross margin 92.1%), and profit attributable to owners was ¥1,439 million (+10.0% YoY, margin 13.3%).

• Operating profit margin improved by 3.0pt YoY due to strong sales and cost efficiency.

• Ordinary profit reached ¥2,082 million; comprehensive income was ¥1,436 million.

• Basic earnings per share for the quarter were ¥14.29; diluted EPS was ¥13.49.

• Progress rates toward full-year forecasts: net sales at 54.3%-56.5%, operating profit at 57.2%-67.4%.

Outlook and guidance

• Full-year forecast revised upward: net sales projected at ¥20,503–20,913 million (+24.6% to +27.1% YoY), operating profit at ¥3,746–4,137 million (+14.7% to +26.7% YoY), and net income at ¥2,754–3,021 million.

• OPM for the full year expected to be similar to the previous year as surplus profit from 1Q will be reinvested in 2Q.

• Fiscal year ending April 30, 2026 is a six-month period due to a change in accounting period.

• No dividends planned for the fiscal year.