Policy of making crypto asset-based CFDs and new products the next revenue pillar
First written in FY2020-Q2. 7 of 11 entries say "Advanced", first in FY2020. Latest entry: FY2024-Q1.
Caica Digital moved to the "Worse" side of this theme in 2024.
The whole theme swung hardest in 2023: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2024-Q1ReframedAnnual report
「By selling the subsidiary engaged in the crypto asset-related business, which had had a significantly negative impact on operating performance, and discontinuing the Type I Financial Instruments Business and investment management business of 株式会社EWJ (hereinafter, "EWJ"), selling, general and administrative expenses are expected to be reduced by approximately ¥2,200 million compared with the fiscal year ended October 2023 from the fiscal year ending October 2024 onward.」
The policy was restructured from making financial products and CFDs based on crypto assets core revenue sources to withdrawing from the business and reducing fixed costs through the sale of the loss-making subsidiary and the discontinuation of EWJ's businesses. - FY2023-Q3AdvancedAnnual report
「We also discontinued the "Crypto Asset FX" service in July 2023. This is expected to reduce the costs of maintaining the service.」
The policy progressed from expanding financial products based on crypto assets to streamlining existing products and transforming the business, culminating in the discontinuation of the Crypto Asset FX service in July 2023. A reduction in service maintenance costs is expected. - FY2023-Q2AdvancedAnnual report
「We also plan to discontinue the "Crypto Asset FX" service in July 2023. This is expected to reduce the costs of maintaining the service.」
The business transformation and cost reduction measures in the financial services business progressed to the specific stage of planning to discontinue the Crypto Asset FX service in July 2023. - FY2023-Q1ReframedAnnual report
「We are reviewing the role of the financial services business, which has had a significantly negative impact on operating performance and cash flow, and are currently moving to terminate existing products ahead of schedule in order to transform the business at カイカ証券.」
In addition to expanding new products based on crypto assets, the plan was restructured to review the role of the financial services business and transform the business at カイカ証券, including the early termination of existing products. - FY2022-Q2ReframedAnnual report
「We are currently focusing on developing and providing securitised products based on crypto assets as our core products in place of covered warrants (eワラント). From April 2022, we discontinued the securities CFD service to focus on securitised products based on crypto assets and reduce costs.」
The company clarified its focus on securitised crypto asset products in place of covered warrants and discontinued the securities CFD service in April 2022 to reduce costs and for other reasons. - FY2022-Q1AdvancedAnnual report
「We are currently focusing on developing and providing securitised products based on crypto assets as our core products in place of covered warrants (eワラント).」
The policy of focusing on developing and providing securitised products based on crypto assets as a core revenue source in place of covered warrants continued, and the trading terms for crypto asset CFDs were also changed. - FY2021-Q3AdvancedAnnual report
「We also launched a CFD trading service in April 2020 and a CFD trading service based on crypto assets in July 2021.」
The launch of crypto asset CFDs in July 2021 marked the progression of the previous policy of developing and selling new products to the service provision stage. - FY2021-Q2AdvancedAnnual report
「Following the announcement of new products based on crypto assets, including the "Bitcoin Leverage Tracker," launched in February 2021, and the "Ethereum Leverage Tracker," launched in March 2021, the number of account applications for eワラント証券 increased, creating a new revenue base.」
New products based on crypto assets expanded from Bitcoin to Ethereum, with the company reporting an increase in account applications and the establishment of a new revenue base. - FY2021-Q1AdvancedAnnual report
「We aim to further expand revenue through the new product "Bitcoin Leverage Tracker," which began being offered on 15 February 2021.」
The policy of developing and selling financial products based on crypto assets took concrete form in the launch of a leverage tracker based on Bitcoin futures. - FY2020AdvancedAnnual report
「Going forward, in addition to the covered warrant business and securities CFDs based on stock indices, we will seek to expand revenue through the development and sale of crypto asset CFDs.」
A policy was disclosed to expand the revenue base by developing and selling crypto asset CFDs in addition to covered warrants, building on the CFD service already launched. - FY2020-Q2First statedAnnual report
「Going forward, we will seek to expand revenue by focusing on the development and sale of crypto asset CFDs and new crypto asset-related products, making them a core revenue source in place of covered warrants.」
A policy to focus on developing and selling crypto asset CFDs and crypto asset-related products as a core revenue source in place of conventional covered warrants was disclosed for the first time.