AI-Based Matching Business for Nonferrous-Metal Transactions
First written in FY2021-Q2. 2 of 6 entries say "Advanced", first in FY2021-Q3. Latest entry: FY2023-Q1.
No other company in this theme has enough history to compare yet.
- FY2023-Q1AchievedAnnual report
「In addition, to concentrate management resources on the EV business, the Company discontinued the non-ferrous metals matching business the following April,」
The Company explicitly stated that it discontinued the non-ferrous metals matching business, which had been temporarily suspended since the previous period, in order to concentrate management resources on the EV business, confirming its termination. - FY2022-Q3DroppedAnnual reportThe section on business activities and measures for the quarter makes no direct mention of the non-ferrous metals transaction-matching business, which had been temporarily suspended since the previous period, and the focus has shifted to making the EV business the new core business.
- FY2022-Q1SoftenedAnnual report
「The non-ferrous metals matching business, which began in the previous consolidated fiscal year, has been temporarily suspended while the Company holds discussions and takes other steps regarding changes to the terms of contracts with business partners.」
After its launch, the non-ferrous metals transaction-matching business was temporarily suspended due to discussions and other matters concerning changes to the terms of contracts with business partners, weakening plans to continue operations. - FY2021AdvancedAnnual report
「At present, the matching value of offline transactions remains at ¥3,882 million, with group revenue from those transactions amounting to ¥12 million.」
For the AI-based non-ferrous metals transaction-matching business, full-year offline matching of ¥3,882 million and revenue of ¥12 million from those transactions were reported. However, the transition to online transactions and the introduction of AI technology remain incomplete. - FY2021-Q3AdvancedAnnual report
「At present, the matching value of offline transactions is ¥1,565 million, while Group revenue from these transactions is ¥5 million. As a result, revenue was ¥18 million, down 86.4% year on year, and accounted for 9.9% of the revenue mix.」
For the AI-based non-ferrous metals transaction-matching business launched in Hong Kong, the matching value of offline transactions was ¥1,565 million and revenue from those transactions was ¥5 million, as disclosed for the first time. However, the transition to online transactions and the introduction of AI technology had not yet been implemented, and the business had not reached full-scale operation. - FY2021-Q2First statedAnnual report
「The Company will work to monetize the new business launched in October 2020 overseas, in Hong Kong, involving the matching of non-ferrous metals transactions using AI technology.」
The Company first stated its policy of launching a business in Hong Kong in October 2020 to match non-ferrous metals transactions using AI technology, with the aim of monetizing the business.