TOKYO, Jul 07 (Pulse News Wire) – Note Inc. reported robust second quarter results, with revenue growing by 36.8% year-over-year (YoY) to 1,385 million yen.
Operating profit surged to ¥303 million, up 1571% YoY, while adjusted EBITDA reached ¥328 million, marking a significant increase of 890% compared to the same period last year. The strong performance across various segments, particularly note and note pro services, contributed to the upward revision of the full-year outlook. Adjusted EBITDA was raised to 1,220 million yen, reflecting cost efficiencies driven by the active adoption of AI technologies. The company also highlighted improvements in gross margin rates due to effective cost management strategies.
In addition, CEO Deep Tsu took on the role of CSO, outlining a strategic vision for leveraging AI to enhance productivity and streamline operations further. The firm's initiatives include developing a platform for gameifying story IPs, which has been selected for support under the Ministry of Economy, Trade and Industry’s IP360 program aimed at fostering content industry growth. Note Inc.’s stockholders saw an increase in domestic and foreign institutional holdings, with shareholder numbers rising by more than 1,000 since last year. The company plans to continue enhancing engagement through IR activities and introducing a shareholding incentive program offering points redeemable for premium articles to long-term shareholders.
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