Support services for migration to LINE Yahoo's new service
First written in FY2024. 1 of 2 entries say "Advanced", first in FY2025-H1. Latest entry: FY2025-H1.
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- FY2025-H1AdvancedAnnual report
「This was attributable mainly to the recognition of ¥646 million in revenue from service migration operations, the recognition of a ¥223 million impairment loss following a reassessment of future revenue prospects for certain services in the Marketing Solutions business and the hotel management system “Dynalution,” and the recognition of ¥406 million in corporate income taxes. Following the termination of the transaction agreements with LINEヤフー株式会社 (hereinafter, “LINEヤフー”) relating to the online mall’s click-based advertising service for stores, “StoreMatch,” and CRM tool “STORE's R∞,” the company undertook consulting and other services from LINEヤフー to support a smooth transition to services developed by LINEヤフー that replace both services, including the provision of configuration data for both services and personnel support, and received consideration for those services.」
The company provided migration support services in connection with the termination of the StoreMatch and STORE's R∞ contracts and recorded ¥646 million in service migration revenue as consideration. The previously planned migration support has progressed to the execution stage, with revenue now being recognized. - FY2024First statedAnnual report
「The two companies agreed that the Company would be commissioned by LINE Yahoo to provide consulting and other services to support a smooth migration to its new services, including providing configuration data for both services and personnel support, and would receive ¥1 billion in consideration.」
Following termination of the StoreMatch and STORE's R∞ contracts, the Company agreed to provide migration support, configuration data and personnel support for LINE Yahoo’s new services for consideration of ¥1 billion.