TOKYO, Jun 05 (Pulse News Wire) – SmartDrive Inc. (5137.T) reported its second quarter results for the fiscal year ending September 2026.
While the number of new contracts increased by 120 compared to the previous quarter (+513 year-over-year), initial sales decreased to ¥244 million (down -40% year-over-year). This decline was attributed to the absence of large-scale projects similar to those in the prior quarter. However, the company expects improvements in initial sales driven by advancements in AI Mobility OS-related cases and the adoption of new devices targeting new customer segments.
Regarding Interzone, the company noted that the impact of integrating Interzone's operations would begin to reflect fully in the third quarter, contributing significantly to profitability. The integration process aligns with the company’s strategic goals and does not indicate revenue reduction from Interzone. For the remainder of the fiscal year, SmartDrive anticipates achieving its targets through the completion of Interzone integration, progress in AI Mobility OS initiatives, and expanding its customer base with new devices.
The company plans to enhance investor relations by increasing transparency through regular updates and clearer communication channels, addressing market concerns around major project developments and contract signings.
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