Just Planning Co., Ltd. (TSE: 4287), a Tokyo-based provider of cloud and ASP software for the restaurant and foodservice industry, reported first-quarter results for its fiscal year ending January 2027 on June 8, 2026. For the three months from February 1 to April 30, 2026, consolidated revenue rose 4.0% year-on-year to ¥634 million, operating profit edged up 0.9% to ¥148 million, and ordinary profit climbed 3.1% to ¥153 million. Net profit attributable to owners of the parent rose 0.4% to ¥104 million, lifting earnings per share to ¥9.03 from ¥8.65 a year earlier.
The steady top-line growth reflects continued demand from a restaurant sector grappling with chronic labour shortages and an accelerating push toward digital transformation. Comprehensive income came in at ¥102 million, down a marginal 0.9% from the prior-year quarter, broadly in line with the underlying net-profit trend.
Recurring SaaS revenue underpins steady growth
Just Planning's business centres on subscription and ASP software for foodservice operators. Its flagship "Makasete Net" sales-management ASP and the upgraded "Makasete Net EX" anchor the portfolio, alongside the cloud POS-ordering service "Makasete Touch" and the takeout app "iToGo." More recent additions broaden the suite into adjacent workflows: "Makasete HR" for attendance and human-resources management, "Makasete Fraud Detection" for POS fraud detection, and "Makasete AI Deshap." Revenue mixes one-time implementation and development fees with recurring monthly per-store usage charges, giving the company a stable subscription base that grows as restaurants adopt digital tools to offset staffing constraints.
Balance sheet remains conservatively financed
Total assets stood at ¥4,071 million at quarter-end, down from ¥4,342 million, while net assets eased to ¥3,727 million from ¥3,926 million. The equity ratio nonetheless improved to 91.5% from 90.4%, underscoring an exceptionally conservative, near-debt-free capital structure. Reflecting that financial strength and steady cash generation, the company raised its full-year dividend forecast to ¥13.00 per share (year-end), up from ¥11.00 the prior year.
Full-year guidance points to double-digit profit growth
For the full year ending January 2027, Just Planning guides for revenue of ¥2,753 million (+8.7%), operating profit of ¥690 million (+13.6%) and ordinary profit of ¥692 million (+12.3%). Net profit, however, is guided down 5.5% to ¥480 million, equivalent to EPS of ¥39.25 — a decline that stems from a higher prior-year tax and one-off base rather than any weakness in the operating business, which is set to grow at a double-digit pace. With first-quarter operating profit representing roughly 21% of the full-year target, the company is tracking in line with its plan.
| Metric | Q1 FY1/2027 | Q1 FY1/2026 | YoY |
|---|---|---|---|
| Revenue (¥ million) | 634 | 609 | +4.0% |
| Operating profit (¥ million) | 148 | 146 | +0.9% |
| Ordinary profit (¥ million) | 153 | 148 | +3.1% |
| Net profit (¥ million) | 104 | 103 | +0.4% |
| EPS (¥) | 9.03 | 8.65 | +4.4% |
| Total assets (¥ million) | 4,071 | 4,342 | −6.2% |
| Net assets (¥ million) | 3,727 | 3,926 | −5.1% |
| Equity ratio | 91.5% | 90.4% | +1.1pp |
| Annual dividend forecast (¥) | 13.00 | 11.00 | +18.2% |
| FY guidance — revenue (¥ million) | 2,753 | — | +8.7% |
| FY guidance — operating profit (¥ million) | 690 | — | +13.6% |
| FY guidance — net profit (¥ million) | 480 | — | −5.5% |
JapanStockPulse provides informational content only and does not constitute investment advice. Figures are taken from the company's published earnings short report and may be subject to subsequent revision.