Jimoty,Inc.

Business Details

Under its management philosophy of "visualizing the present state of local communities to connect the futures of people," the company operates the classified site "Jimoty," which classifies and posts regional information by municipality across all 47 prefectures nationwide. It provides a platform where individuals, corporations, and government bodies can freely post and browse information on the sale/transfer of unwanted items, job listings, real estate, used cars, and more, with its main revenue sources being advertising income, feature-based fees, and performance-based fees from database integration. Net sales for the first quarter of FY2026 (ending December 2026) were ¥548 million (up 22.0% year on year).

Recent Overview

In the first quarter of FY2026 (ending December 2026), both net sales and operating profit increased substantially, tracking at a pace exceeding the full-year forecast

In the first quarter (January to March) of FY2026 (ending December 2026), net sales were ¥548 million (up 22.0% year on year), operating profit was ¥184 million (up 52.7%), and quarterly net profit was ¥146 million (up 65.7%), with significant increases across all profit items. The impact of Cookie regulations on iOS, browsers, and other platforms has run its course, stabilizing advertising sales. Net sales not dependent on PV, such as from database integration and e-commerce, also grew. Jimospo opened 6 new stores, bringing the total to 33 stores, with related sales up 150.0% year on year. "Jimoty Spot Mini" and the new scheme with Sakai Moving Service Co., Ltd. have also been launched. There is no change to the full-year earnings forecast.

Key Products

Growth Drivers

• Expansion of a new revenue model through the multi-store rollout of Jimoty Spot, primarily via FC expansion (33 stores as of the end of the first quarter of FY2026, ending December 2026)
• Improvement in per-store profitability through "Jimoty Spot Mini" (partnership with Kakuyasu) and the new scheme with Sakai Moving Service
• Stabilization and steady trend of advertising sales as the impact of Cookie regulations has run its course
• Revenue diversification through growth of internet sales not dependent on PV, such as from database integration and e-commerce
• Revenue diversification away from dependence on delivery-based advertising through reinforcement of the Posting Option Feature (Feature-based Fee)
• Promotion of the development of new monetization schemes such as the Anshin Payment Feature
• Tailwind from the expanding reuse market driven by progress in the Ministry of the Environment's formulation of a reuse promotion roadmap

Risks

• Dependence on the major customer Google Asia Pacific Pte. Ltd. (27.3% of net sales in FY2025, ending December 2025) and a declining trend in advertising unit prices
• Risk of revenue fluctuation due to changes in the delivery-based advertising market environment (instability in advertising unit prices and demand trends)
• Information security risk and impact on trust resulting from unauthorized access to the internal development environment that occurred in November 2025
• Increased capital expenditure and operating costs associated with the multi-store expansion of Jimoty Spot, and the challenge of securing profitability per store
• The full-year earnings forecast for FY2026 (ending December 2026) anticipates a significant decline in net profit to ¥380 million (down 19.3% year on year)
• Uncertainty in the external environment, including the situation in the Middle East, fluctuations in financial and capital markets, and developments surrounding U.S. trade policy