Revenue decline due to manaba cancellations and consolidation with other services
First written in FY2023. 5 of 7 entries say "Materialised", first in FY2024-Q2. Latest entry: FY2026.
Asahi Net moved to the "Worse" side of this theme in 2023.
0 other companies' latest entry also says "Materialised".
- FY2026MaterialisedAnnual report
「The number of contract IDs for the education support service manaba (マナバ) at 31 March 2026 was 761 thousand, down 7 thousand IDs, or 0.9%, from the end of the same period a year earlier. The number of universities with campus-wide deployments was 86, down 2 universities, or 2.3%, year on year.」
The decline in manaba contract IDs and the number of universities with campus-wide deployments continued, confirming the annual contraction of the user base due to cancellations and limited new deployments. - FY2026-H1MaterialisedAnnual report
「The number of contract IDs for the education support service manaba (マナバ) at 30 September 2025 was 759 thousand, down 9 thousand IDs, or 1.1%, from the end of the same period a year earlier. The number of universities with campus-wide deployments was 85, down 3 universities, or 3.4%, year on year.」
The decline in manaba contract IDs and the number of universities with campus-wide deployments continued, and revenue also declined 0.7% year on year. The contraction of the user base due to cancellations and fewer universities with deployments was confirmed again in the interim period. - FY2025-H1MaterialisedAnnual report
「The number of contracted IDs for the educational support service manaba as of the end of September 2024 was 768 thousand, down 17 thousand, or 2.2%, year on year. The number of universities with campus-wide implementation fell to 88, down 5, or 5.4%, year on year. Revenue from manaba for the interim accounting period was ¥292 million, down ¥20 million, or 6.4%, year on year.」
The contraction of the user base due to manaba cancellations and a decline in the number of universities with deployments continued, and was reflected in the interim period in lower contract ID volumes, fewer universities with deployments, and lower revenue. - FY2024MaterialisedAnnual report
「The number of universities with campus-wide deployments declined by 7, resulting in lower revenue, because the reseller agreement with レスポン ended at the end of March 2023 and cancellations occurred from April 2023 onward.」
The end of the respon reseller agreement and university cancellations anticipated in the previous fiscal year actually occurred, leading to a decline in the number of universities with campus-wide deployments and lower manaba revenue. - FY2024-Q3RestatedAnnual report
「Revenue from manaba in the third quarter declined by ¥114 million year on year, or 20.1%, to ¥454 million. Revenue declined because the reseller agreement with レスポン ended at the end of March 2023 and 7 universities cancelled their contracts from April 2023 onward.」
The revenue decline resulting from the end of the respon reseller agreement and cancellations by 7 universities continued into the third quarter. No additional information on the reasons for or number of cancellations was provided compared with the previous quarter. - FY2024-Q2MaterialisedAnnual report
「Revenue declined because the reseller agreement with レスポン ended at the end of March 2023 and 7 universities cancelled their contracts from April 2023 onward. The cancellations were attributable to the expanded use of Google Workspace and Microsoft 365 and the consolidation of manaba with other services used within the universities.」
The 7 university cancellations expected from April 2023 onward in the previous fiscal year actually occurred. The stated reasons were the expanded use of Google Workspace and Microsoft 365 and the consolidation of services used within the universities. - FY2023First statedAnnual report
「Second, the company expects revenue to decline by approximately ¥40 million due to the planned cancellation of contracts by 7 universities from April 2023 onward. The cancellations are attributable to the expanded use of Google Workspace and Microsoft 365, as well as the consolidation of manaba with other services used within the universities.」
The company expects 7 universities to cancel their contracts from April 2023 onward, resulting in a revenue decline of approximately ¥40 million, due to the expanded use of Google Workspace and Microsoft 365 and the consolidation of services used within the universities. Contracts with 2 universities had already ended in the first quarter of the fiscal year ended March 2023, indicating that part of the cancellation risk had materialized.