Continued investment and ordinary losses
First written in FY2016. 13 of 24 entries say "Softened", first in FY2017. Latest entry: 2026-08-14.
CrowdWorks moved to the "Worse" side of this theme in 2018, 2 years before the typical company in this theme (2020).
The whole theme swung hardest in 2017: 6 of 22 companies on the "Worse" side.
1 other company's latest entry also says "Softened".
- FY2025WorsenedAnnual report
「With the aim of eventually achieving revenue of at least ¥100 billion and operating income of at least ¥10 billion, our group plans to make growth investments of up to ¥2.55 billion in the fiscal year ending September 2026. Due to this aggressive upfront investment, the consolidated earnings forecast for the fiscal year ending September 2026 is expected to include a temporary operating loss.」
The temporary operating loss risk associated with growth investment has become more concrete and increased, with investment of up to ¥2.55 billion and an expected operating loss in the fiscal year ending September 2026. - FY2022SoftenedAnnual report
「Through focused investment in the matching business and continued productivity improvement initiatives, our group achieved record-high profits in the fiscal year ended September 2022. In the fiscal year ending September 2023, we aim to achieve both revenue growth and profit generation, targeting higher revenue and higher profit, while investing in new businesses to create future core businesses.」
While the risk of losses associated with continued investment remains, focused investment in the matching business and productivity improvements enabled the company to achieve record-high profits, advancing it to a stage where it aims to combine higher revenue and higher profit with investment. - FY2022-Q2SoftenedAnnual report
「As a result, during the cumulative second quarter of the current fiscal year, all key metrics for the matching business, including gross transaction value, revenue and gross profit, progressed steadily against the revised forecasts disclosed, and continued productivity improvement initiatives enabled the company to achieve its highest-ever quarterly operating profit.」
By pursuing productivity improvements while continuing to invest, the company achieved its highest-ever quarterly operating profit, further weakening the pattern of losses associated with continued investment. - FY2022-Q1SoftenedAnnual report
「As a result, during the cumulative first quarter of the current fiscal year, all key metrics for the matching business, including gross transaction value, revenue and gross profit, exceeded the forecasts disclosed at the beginning of the fiscal year. In addition, progress in productivity improvement initiatives enabled the company to achieve its highest-ever quarterly operating profit.」
While the risk of losses associated with continued investment remains, the previous pattern of losses has weakened further as key metrics exceeded the forecasts disclosed at the beginning of the fiscal year and the company achieved its highest-ever quarterly operating profit. - FY2021-Q3SoftenedAnnual report
「In addition to continuing investment in web advertising, we increased staffing and strengthened our sales structure while working to improve productivity, and recorded operating profit above the disclosed forecast.」
Despite continuing to invest in advertising and reinforce its workforce, the company recorded operating income through productivity improvements, reducing the risk of losses associated with growth investment. - FY2021-Q1SoftenedAnnual report
「Through continued investment based on selection and concentration and the implementation of a productivity improvement project, total contract value, revenue and gross profit are progressing above both the same period of the previous year and the forecasts disclosed at the beginning of the fiscal year.」
While continuing to invest in the matching business, the company achieved an operating profit through productivity improvements, weakening the pattern of losses associated with growth investment in the first quarter. - FY2020WorsenedAnnual report
「Our group recorded an operating loss in the ninth fiscal year because we carried out active advertising as an upfront investment aimed at the continued growth of the matching business.」
Due to active investment in advertising, the company moved from an operating profit in the previous year to an operating loss in the ninth fiscal year. It also stated a policy of pursuing both reinvestment from existing business profits and a return to profitability in the tenth fiscal year. - FY2020-Q3WorsenedAnnual report
「We have continued to invest in selling, general and administrative expenses to expand the number of clients and order volume, but in light of the impact of COVID-19, we temporarily suspended test marketing through television commercials and increased our investment in conventional online advertising. Although investment costs were in line with the plan established at the beginning of the fiscal year, we revised the projected operating loss for the full year after reinvesting funds generated through cost reductions in indirect selling, general and administrative expenses, an initiative undertaken from the beginning of the fiscal year. As a result, revenue for the cumulative nine-month period of the current fiscal year was ¥4,679.694 million, up 27.1% year on year, and the segment recorded a loss of ¥105.454 million (segment loss of ¥20.504 million in the same period of the previous year).」
As a result of continuing to invest in the matching business while reinvesting funds generated through cost reductions, the segment loss widened from ¥20.504 million in the same period of the previous year to ¥105.454 million. - FY2020-Q2WorsenedAnnual report
「As a result, revenue was ¥3,123.594 million, up 31.0% year on year, but the segment recorded a loss of ¥72.142 million (segment loss of ¥3.693 million in the same period of the previous year) due to higher personnel and outsourcing costs associated with expanding the sales team as part of this fiscal year's investment policy.」
The matching business's loss increased from the same period of the previous year due to higher personnel and outsourcing costs associated with investment in expanding the sales team. - FY2020-Q1WorsenedAnnual report
「As a result, revenue was ¥1,535.858 million, up 33.7% year on year, but the segment recorded a loss of ¥27.207 million (segment loss of ¥39.143 million in the same period of the previous year) due to higher personnel and outsourcing costs associated with expanding the sales team as part of this fiscal year's investment policy.」
The matching business recorded a segment loss while continuing to invest, due to higher personnel and outsourcing costs associated with expanding the sales team. The company as a whole also returned to operating and ordinary losses. - FY2019SoftenedAnnual report
「Through continued service growth and improvements in our cost structure, our group maintained operating profitability in the eighth fiscal year. However, to achieve continued growth, we believe we should expand the user base and enhance our services, while also developing new businesses, promoting R&D and pursuing M&A. As these initiatives are expected to temporarily increase expenses, we intend to make investments during the current fiscal year while accepting short-term losses.」
While maintaining operating profitability weakened the previous pattern of losses, the company has indicated a policy of accepting temporary losses associated with growth investment. - FY2019-Q2RestatedAnnual report
「Specifically, by continuing to reinvest within the range that allows us to maintain an operating profit」
The company is demonstrating an operating model that continues to reinvest while maintaining an operating profit, although a quarterly net loss attributable to owners of the parent is still being recorded. - FY2019-Q1SoftenedAnnual report
「While continuing to invest actively in new businesses, we have improved cost efficiency in our existing businesses and have continued to generate an operating profit.」
The company has continued to generate an operating profit while investing in new businesses, further weakening the pattern of losses associated with investment. However, a quarterly net loss attributable to owners of the parent remains. - FY2018SoftenedAnnual report
「As a result of actively pursuing these initiatives, we continued to record ordinary losses through the sixth fiscal year since the company's establishment, but turned profitable for the first time in the seventh fiscal year. However, we intend to continue our policy of actively investing going forward.」
The company turned to an ordinary profit in the seventh fiscal year, reducing the risk associated with its previous ordinary losses. At the same time, it intends to continue active investment. - FY2018-Q2SoftenedAnnual report
「Operating profit of ¥37.641 million (prior cumulative second-quarter operating loss: ¥241.662 million), ordinary profit of ¥32.129 million (prior cumulative second-quarter ordinary loss: ¥239.568 million), and quarterly net loss attributable to owners of the parent of ¥56.998 million」
Operating and ordinary income turned profitable, weakening the pattern of losses associated with continued investment. However, a quarterly net loss attributable to owners of the parent remained. - FY2018-Q1SoftenedAnnual report
「Operating loss of ¥4.927 million (operating loss of ¥133.844 million in the cumulative first quarter of the previous fiscal year), ordinary loss of ¥6.597 million (ordinary loss of ¥133.275 million in the cumulative first quarter of the previous fiscal year)」
While costs associated with upfront investment and business expansion continued to increase, operating and ordinary losses narrowed substantially from the same period of the previous year. - FY2017SoftenedAnnual report
「In the fourth quarter of the fiscal year ended September 2017, we achieved profitability across all businesses in our existing areas, including CloudWorks and CrowdTech.」
Although the company as a whole continued to post an ordinary loss for the full year, it explained that all businesses in its existing areas became profitable in the fourth quarter. - FY2017-Q3RestatedAnnual report
「Although operating revenue has been expanding steadily, we recorded a quarterly net loss because we continued making proactive investments in anticipation of future business expansion.」
The company has reaffirmed the pattern of recording quarterly net losses while continuing upfront investment. - FY2017-Q2RestatedAnnual report
「In anticipation of future expansion of our business operations, our group continued to make upfront investments in personnel expenses, advertising and other areas during the quarter.」
The company has continued upfront investment in personnel expenses, advertising and other areas, reaffirming the pattern of operating, ordinary and net losses remaining. - FY2017-Q1RestatedAnnual report
「As we continued to make upfront investments in advertising and personnel, we recorded an operating loss of ¥133.844 million (operating loss of ¥117.024 million in the same period of the previous year), an ordinary loss of ¥133.275 million (ordinary loss of ¥115.895 million in the same period of the previous year), and a quarterly net loss attributable to owners of the parent of ¥142.101 million (net loss attributable to owners of the parent of ¥127.973 million in the same period of the previous year).」
While continuing upfront investment, the company has recorded quarterly operating, ordinary and net losses. - FY2016First statedAnnual report
「As we have actively pursued these initiatives since the company was founded, we recorded ordinary losses through the fifth fiscal year.」
The company discloses ordinary losses through the fifth fiscal year as a risk, reflecting investment in raising awareness, expanding the user base and developing relationships with major corporations.