Commercialization risks in the sharing economy and fintech
First written in FY2017. 2 of 4 entries say "Worsened", first in FY2019-Q3. Latest entry: FY2019.
CrowdWorks moved to the "Worse" side of this theme in 2019, 4 years before the typical company in this theme (2023).
The whole theme swung hardest in 2025: 16 of 53 companies on the "Worse" side.
4 other companies' latest entry also says "Worsened".
- FY2019WorsenedAnnual report
「The fintech business segment recorded revenue of ¥912 thousand, up 131.0% year on year, and a segment loss of ¥93,939 thousand, compared with a segment loss of ¥54,582 thousand in the previous consolidated fiscal year, following the decision to withdraw from フィークル, the new service guaranteeing freelancers’ receipt of compensation, and dissolve 株式会社クラウドマネー.」
The risks of intensifying competition in fintech and difficulty in establishing profitability materialized through the withdrawal and dissolution, as well as a segment loss of ¥93,939 thousand. - FY2019-Q3WorsenedAnnual report
「Against this backdrop, revenue was ¥893 thousand, compared with ¥27 thousand in the same period of the previous year, and the segment loss was ¥76,027 thousand, compared with ¥34,197 thousand in the same period of the previous year.」
Following the decision to liquidate クラウドマネー and withdraw from the business, the fintech segment loss increased from ¥34,197 thousand in the same period of the previous year to ¥76,027 thousand. - FY2019-Q2MaterialisedAnnual report
「Given the intensifying competitive environment in the mobile wallet business in recent years, it had become difficult to establish the profitability and competitive advantage initially envisaged. We therefore concluded that an early withdrawal was the best course of action and decided to dissolve the joint venture, 株式会社クラウドマネー.」
The risk of intensifying competition and difficulty in establishing profitability in the new fintech business materialized in the form of an early withdrawal from the mobile wallet business. - FY2017First statedAnnual report
「If the development and cultivation of the businesses do not progress as expected, they may have a material effect on the group’s business performance.」
The company disclosed for the first time the risk that the development and cultivation of new sharing economy and fintech businesses targeting the cloud ecosystem may not progress as planned.