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Sockets (3634) · TargetRestated

License-based business model accounts for 80% or more of sales

First written in FY2019. 5 of 8 entries say "Restated". Latest entry: FY2026.

8entries
8years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2019 – FY2020AdvancedFY2021 – FY2022RestatedFY2023-Q2 – FY20262019: 120192020: 120202021: 120212022: 220222023: 020232024: 120242025: 120252026: 12026
Same theme, other companies
Transition to a license-based business model and expansion of its share of revenueA theme 2 companies write about · 0 as a headwind · 2 as a tailwind

1 other company's latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
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  1. FY2026RestatedAnnual report

    「We will manage the following: the revenue mix of the license-based business model, the number of new licenses provided, the monthly number and value of licenses provided, and the ratio of upfront investment in research and development, data development and other areas to revenue.」

    The policy of managing management indicators, including a license-based business model revenue mix of at least 80%, continues.
  2. FY2025RestatedAnnual report

    「As part of our target management, we will manage the following medium-term management indicators: a license-based business model revenue mix of at least 80% of total company revenue, the revenue growth rate of the database-related business, the number of new licenses provided, the monthly number and value of licenses provided, and the ratio of upfront investment in research and development, data development and other areas to revenue.」

    Management indicators, including a license-based business model revenue mix of at least 80%, continue to be managed as part of sustainability target management.
  3. FY2024RestatedAnnual report

    「As part of our target management, we will manage the following medium-term management indicators: a license-based business model revenue mix of at least 80% of total company revenue, the revenue growth rate of the database-related business, the number of new licenses provided, the monthly number and value of licenses provided, and the ratio of upfront investment in research and development, data development and other areas to revenue.」

    The policy of managing management indicators, including a license-based business model revenue mix of at least 80%, continues as part of sustainability target management.
  4. FY2023-Q2RestatedAnnual report

    「While the core business shifted further toward the data and technology licensing business, which is intended to transition the business model from development- and operations-based revenue to technology licensing revenue, we continued to invest actively in research and development and data development, targeting approximately 25% of revenue.」

    The company continues to transition to a license-based business model, but does not state a new achievement figure for the target of a license revenue mix of at least 80%.
  5. FY2022AdvancedAnnual report

    「As a result, revenue from the data licensing business has grown to account for approximately 70% of total revenue.」

    Against the medium-term indicator of a license-based business model revenue mix of at least 80%, data licensing business revenue grew from more than 60% in the previous fiscal year to approximately 70%.
  6. FY2021AdvancedAnnual report

    「As a result, revenue from the data licensing business has grown to exceed 60% of total revenue.」

    Against the medium-term indicator of a license-based business model revenue mix of at least 80%, data licensing business revenue grew from more than 50% in the previous fiscal year to more than 60%.
  7. FY2020RestatedAnnual report

    「As a medium-term management indicator, we use a license-based business model revenue mix of at least 80% of total company revenue.」

    The medium-term indicator of a license-based business model revenue mix of at least 80% remains in place.
  8. FY2019First statedAnnual report

    「The company uses as an indicator the license-based business model's contribution of at least 80% of total company revenue.」

    Regarding the transition to a license-based business model, the company has set a new management indicator of a contribution of at least 80% of total company revenue.
Moved together

"Reducing dependence on revenue from large-scale development projects and diversifying the revenue model" moved the same way as this thread, in the same document, in 2 of its 8 moves.

222222★123456
  1. ★This thread
  2. 1Reducing dependence on revenue from large-scale development projects and diversifying the revenue model2×
  3. 2Standardization of Music, Video and Book Data and Expansion of Its Customer Base2×
  4. 3Value-Added Database Marketing Using Machine Learning and Deep Learning2×
  5. 4Medium-term gross margin of at least 60% and operating margin of at least 20%2×
  6. 5Data services business through licensing the underlying data2×
  7. 6Expansion of the Proprietary Database to General Merchandise2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Sockets's next results are scheduled for 2026-11-06. Read the earnings preview
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
License-based business model accounts for 80% or more of sales | Sockets Inc. (3634) | Komori