Komori
System Research (3771) · FactWorsened

Addressing highly specialized business areas

First written in FY2016. 13 of 31 entries say "Worsened", first in FY2021-Q1. Latest entry: 2026-07-28.

31entries
11years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2018-Q1AdvancedFY2019-Q3 – FY2020WorsenedFY2021-Q1 – FY2022-Q2MitigatedFY2024-Q1 – FY20252016: 120162017: 220172018: 220182019: 420192020: 420202021: 420212022: 420222023: 320232024: 220242025: 220252026: 32026
Same theme, other companies
Sluggish Package SalesA theme 4 companies write about · 5 as a headwind · 0 as a tailwind

System Research moved to the "Worse" side of this theme in 2026.

0 other companies' latest entry also says "Worsened".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1WorsenedAnnual report

    「Revenue was ¥189 million, down 11.8% year on year, because sales of packaged software for small and medium-sized businesses remained sluggish.」

    Revenue from the software products business fell 11.8% year on year as sales of packaged software for small and medium-sized businesses remained sluggish.
  2. FY2025AdvancedAnnual report

    「Revenue from the software products business was ¥421 million, up 18.6% year on year, mainly because sales increased for “CTI Connectel,” a call-center system.」

    The software products business increased 18.6% year on year, mainly because sales of CTI Connectel increased.
  3. FY2025-H1MitigatedAnnual report

    「Revenue was ¥214 million, up 18.9% year on year, due to sales of “Simplex,” sales and customer management software for mail-order businesses, and maintenance revenue from existing customers.」

    Revenue from the software products business increased 18.9% year on year due to “Simplex” and maintenance revenue from existing customers.
  4. FY2024-Q3MitigatedAnnual report

    「Revenue from the software products business, including packaged software sales, was ¥269 million, up 14.6% year on year, due to special demand for systems supporting the introduction of the invoice system and mandatory electronic preservation of books and records.」

    Special demand for systems supporting the introduction of the invoice system and mandatory electronic preservation of books and records drove a 14.6% year-on-year increase in revenue from the software products business.
  5. FY2024-Q2MitigatedAnnual report

    「Revenue was ¥180 million, up 16.0% year on year, mainly because sales increased for “Simplex,” sales and customer management software for mail-order businesses.」

    While packaged software sales remained sluggish, the software products business increased 16.0% year on year, mainly because sales of “Simplex,” customer management software for mail-order businesses, increased.
  6. FY2024-Q1MitigatedAnnual report

    「Revenue from the software products business, including packaged software sales, was ¥80 million, up 34.9% year on year, mainly because sales increased for “Simplex,” sales and customer management software for mail-order businesses.」

    Although sluggish packaged software sales had continued, the software products business turned to a 34.9% year-on-year increase, mainly because sales of “Simplex” for mail-order businesses increased.
  7. FY2023-Q3WorsenedAnnual report

    「Revenue from the software products business, including packaged software sales, was ¥235 million, down 2.7% year on year.」

    Revenue from the software products business turned from a 0.7% year-on-year increase in the previous quarter to a 2.7% decrease.
  8. FY2023-Q2MitigatedAnnual report

    「Revenue from the software products business was ¥155 million, up 0.5% year on year, despite sluggish packaged software sales.」

    Although the explanation still cited sluggish packaged software sales, revenue turned from a 17.5% year-on-year decline in FY2023-Q1 to a 0.5% increase.
  9. FY2023-Q1WorsenedAnnual report

    「Revenue from the software products business was ¥59 million, down 17.5% year on year, as sales of packaged software remained sluggish.」

    Revenue from the software products business fell 17.5% year on year because sales of packaged software remained sluggish.
  10. FY2022WorsenedAnnual report

    「Revenue from the software products business was ¥316 million, down 6.9% year on year, as new sales of packaged software and other products remained sluggish.」

    The software products business declined 6.9% year on year as new sales of packaged software and other products remained sluggish.
  11. FY2022-Q3AdvancedAnnual report

    「Revenue from the software products business, including packaged software sales, was ¥241 million, up 0.7% year on year.」

    Revenue from the software products business increased 0.7% year on year, turning to a modest increase from the year-on-year decline.
  12. FY2022-Q2WorsenedAnnual report

    「Revenue from the software products business was ¥154 million, down 3.4% year on year, as sales of packaged software remained sluggish.」

    Revenue from the software products business fell 3.4% year on year because sales of packaged software remained sluggish.
  13. FY2022-Q1WorsenedAnnual report

    「Revenue from the software products business was ¥72 million, down 3.3% year on year, as sales of packaged software remained sluggish.」

    Revenue from the software products business fell 3.3% year on year because sales of packaged software remained sluggish.
  14. FY2021WorsenedAnnual report

    「Revenue from the software products business was ¥339 million, down 41.7% year on year, because of the absence of the previous year's surge in demand for consumption tax increase-compliant versions.」

    Revenue from the software products business fell 41.7% year on year because of the absence of the surge in demand.
  15. FY2021-Q3WorsenedAnnual report

    「Revenue from the software products business was ¥239 million, down 48.0% year on year, because of the absence of the previous year's surge in demand for consumption tax increase-compliant versions.」

    The decline in revenue from the software products business continued, reaching a 48.0% year-on-year decrease and slightly exceeding the decline recorded in the previous quarter.
  16. FY2021-Q2WorsenedAnnual report

    「Revenue from the software products business was ¥160 million, down 47.5% year on year, a substantial decline due to the absence of the previous year's surge in demand for consumption tax increase-compliant versions.」

    Revenue from the software products business fell 47.5% year on year because of the absence of the previous year's surge in demand for consumption tax increase-compliant versions.
  17. FY2021-Q1WorsenedAnnual report

    「Revenue from the software products business was ¥75 million, down 30.4% year on year, partly because of the absence of the surge in demand for consumption tax increase-compliant versions.」

    Revenue from the software products business fell 30.4% year on year because of the absence of the surge in demand for consumption tax increase-compliant versions.
  18. FY2020AdvancedAnnual report

    「Revenue from the software products business was ¥583 million, up 29.0% year on year, mainly because sales volumes increased for consumption tax increase-compliant versions of packaged software such as “BIG Payroll Neo” and “BIG Financial Accounting Neo.”」

    Higher sales of payroll and financial accounting packages drove a 29.0% year-on-year increase in revenue from the software products business.
  19. FY2020-Q3AdvancedAnnual report

    「Sales were ¥461 million, up 61.1% year on year, mainly because sales volumes increased for packaged software such as “BIG Payroll Neo” and “BIG Financial Accounting Neo.”」

    Higher sales volumes for payroll and financial accounting packages drove a 61.1% year-on-year increase in revenue from the software products business.
  20. FY2020-Q2AdvancedAnnual report

    「Sales were ¥305 million, up 55.6% year on year, mainly because sales volumes increased for consumption tax increase-compliant versions of packaged software such as “BIG Payroll Neo” and “BIG Financial Accounting Neo.”」

    Sales of packaged software versions compatible with the consumption tax increase grew, driving a 55.6% year-on-year increase in revenue from the software products business.
  21. FY2020-Q1AdvancedAnnual report

    「In software product operations, revenue was ¥108 million, up 12.7% year on year, driven by CTI (computer telephony integration)-related products, which are in strong demand among mail-order operators.」

    Sales of software products, including CTI-related products, rose 12.7% year on year.
  22. FY2019AdvancedAnnual report

    「In software product operations, revenue was ¥452.260 million, up 23.3% year on year, driven by sales of Simplex, a next-generation mail-order system, and WArm+, a browser-based CRM solution.」

    Sales of specialized products, including mail-order systems and CRM solutions, rose 23.3% year on year.
  23. FY2019-Q3AdvancedAnnual report

    「Revenue was ¥286.344 million, up 4.8% year on year, driven by sales of Simplex, a next-generation mail-order system, and WArm+, a browser-based CRM solution.」

    Sales of software products, including next-generation mail-order systems and browser-based CRM solutions, rose 4.8% year on year.
  24. FY2019-Q2RestatedAnnual report

    「Revenue was ¥196.592 million, up 0.2% year on year, driven by sales of Simplex, a next-generation mail-order system, and WArm+, a browser-based CRM solution.」

    The Company continues to demonstrate sales of specialized software products, including next-generation mail-order systems and browser-based CRM solutions.
  25. FY2018RestatedAnnual report

    「The Company also undertakes projects requiring specialized and advanced technologies, including POS management systems supporting credit-card and electronic-money payments, WMS/WCS integrated with automated warehouses and conveyors using advanced FA control technology, car-dealer systems, and integrated development environments including compilers and debuggers for PLC development.」

    The Company continues to address specialized areas, including payments, logistics automation, car dealerships and PLC development environments.
  26. FY2018-Q2AdvancedAnnual report

    「In software product operations, sales recovered for CTI (computer telephony integration)-related products, which are in strong demand among mail-order operators, and revenue was ¥196.042 million, up 4.6% year on year.」

    Sales of CTI-related products and other products recovered, and revenue rose 4.6% year on year.
  27. FY2018-Q1RestatedAnnual report

    「In software product operations, sales recovered for CTI (computer telephony integration)-related products, which are in strong demand among mail-order operators, and revenue was ¥91.412 million, up 3.1% year on year.」

    The Company has demonstrated sales of highly specialized software products, including CTI-related products that attract strong demand from mail-order operators.
  28. FY2016First statedAnnual report

    「The Company also undertakes projects requiring specialized and advanced technologies, including POS management systems supporting credit-card and electronic-money payments, WMS/WCS (Note 3) integrated with automated warehouses and conveyors using advanced FA control technology (Note 2), car-dealer systems, and integrated development environments including compilers and debuggers for PLC (Note 4) development.」

    The Company has demonstrated a track record across multiple highly specialized areas, including payments, logistics automation, car dealerships and PLC development environments.
Moved together

"Risks of development delays, cost increases, and market fluctuations for software packages" moved the same way as this thread, in the same document, in 23 of its 31 moves.

231815151310★123456
  1. ★This thread
  2. 1Risks of development delays, cost increases, and market fluctuations for software packages23×
  3. 2Development of Cloud Services and E-commerce-Related Business18×
  4. 3Increases in Net Sales and Profit and Improvement in ROE15×
  5. 4Recovery in the Information Services Industry and Growth in Software Demand15×
  6. 5Recurring Orders and Repeat Transactions from Existing Customers13×
  7. 6IT Investment Demand and Engineer Shortages in Nagoya and Tokyo10×

★ 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
System Research's next results are scheduled for 2026-10-28. Read the earnings preview It last moved in the Earnings of 2026-07-28: "Worsened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.