Komori
MKSystem (3910) · TargetFull-year profitability maintained despite lower revenue and profit

Smoothing revenue in the CuBe business and increasing the share of recurring-revenue business

First written in FY2017. 10 of 22 entries say "Restated". Latest entry: FY2026.

22entries
10years
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ProgressHeldSoftenedWorseAdvancedFY2018-Q1 – FY2019-Q3AdvancedFY2020 – FY2021RestatedFY2022-Q3 – FY20262017: 320172018: 320182019: 420192020: 220202021: 120212022: 320222023: 220232024: 120242025: 220252026: 12026
Same theme, other companies

8 other companies' latest entry also says "Other".

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.
Showing 14 of the 55 companies compared. The sentences above are computed from all 55.
Full recordFilings, disclosures and news, newest first
  1. FY2026Full-year profitability maintained despite lower revenue and profitAnnual report

    「In the CuBe business, revenue declined as a reaction to the special demand recorded in the previous fiscal year, but orders remained solid, particularly for new projects from large corporations and local governments. Although the first quarter was affected by the occurrence of loss-making projects, revenue recognition was concentrated in the fourth quarter, when revenue is weighted, and the business recorded operating profit for the full year.」

    The CuBe business recorded full-year operating profit, but revenue fell to ¥836.940 million and operating profit to ¥16.443 million due to the reaction to special demand in the previous fiscal year, resulting in lower revenue and profit than the previous fiscal year.
  2. FY2026-H1Profit remains weighted toward the second halfAnnual report

    「As profit tends to be weighted toward the second half, the company will strengthen its initiatives to achieve full-year profitability.」

    The company stated that the CuBe business continues to have an earnings structure weighted toward the second half and indicated that it would strengthen initiatives to achieve full-year profitability.
  3. FY2025RestatedAnnual report

    「For the GooooN cloud service, the company worked to expand its customer base by continuously enhancing functionality and developing new sales channels.」

    The company continues to pursue its policy of expanding the CuBe business's cloud-based subscription model through enhancements to GooooN and the development of sales channels.
  4. FY2024-Q3RestatedAnnual report

    「For the GooooN cloud service, the company worked to enhance functionality and develop sales channels.」

    The company continues to enhance GooooN and develop sales channels to expand the CuBe business's subscription-based model.
  5. FY2024-Q1RestatedAnnual report

    「For the GooooN cloud service, the company worked to enhance functionality and develop sales channels.」

    The company continues to enhance GooooN and develop sales channels to expand the CuBe business's subscription-based model.
  6. FY2023-Q3RestatedAnnual report

    「For the GooooN cloud service, the company worked to enhance functionality and develop sales channels.」

    The company continues to enhance GooooN and develop sales channels to expand the CuBe business's subscription-based model.
  7. FY2023-Q1GooooN new-customer acquisition target missedAnnual report

    「For the GooooN cloud service, the company worked to enhance functionality and develop sales channels, but did not acquire any new customers.」

    The company continued to enhance GooooN and develop sales channels, but did not acquire any new customers.
  8. FY2022RestatedAnnual report

    「In the cloud-services business, the company worked to develop sales channels for GooooN and acquire new users.」

    To expand the recurring-revenue business, the company continued to develop sales channels for GooooN and acquire new users.
  9. FY2022-Q3RestatedAnnual report

    「In the cloud-services business, the company worked to develop sales channels for GooooN and acquire new users.」

    To expand the recurring-revenue business, the company continued to develop sales channels for GooooN and acquire new users.
  10. FY2021AdvancedAnnual report

    「The company also strengthened marketing activities and sought to expand sales of the CompanyEdition series of products for general corporations, eNEN, a year-end tax adjustment support tool, and Cloud Pocket, newly launched in July 2020. In the CuBe business, it expanded operations by enhancing the functionality of GooooN and strengthening marketing activities to expand sales channels.」

    The company advanced marketing to expand sales of products for general corporations, eNEN, and Cloud Pocket, and to enhance GooooN's functionality and expand its sales channels.
  11. FY2020AdvancedAnnual report

    「The company also acquired, through a company split from its consolidated subsidiary 株式会社ビジネスネットコーポレーション, the system-development business of the Matsuyama Development Center in the Development Department, effective 1 January 2020, and acquired the Nenmatsu Chosei CuBe Cloud business through a business transfer dated 31 March 2020. Nenmatsu Chosei CuBe Cloud is a cloud service that supports the efficiency of year-end tax adjustment operations as a whole.」

    To strengthen the cloud-services business platform, the company assumed the development business and acquired the Nenmatsu Chosei CuBe Cloud business.
  12. FY2020-Q3RestatedAnnual report

    「In the cloud-services business, the company worked to acquire users by strengthening sales of GooooN and enhancing functionality, including to comply with legislative revisions for Nenmatsu Chosei CuBe Cloud.」

    To expand the recurring-revenue business, the company continued to acquire users by strengthening sales of GooooN and enhancing the functionality of Nenmatsu Chosei CuBe Cloud.
  13. FY2020-Q2RestatedAnnual report

    「In commissioned development of front-end systems, the company accurately identified existing customers' needs for modification projects and steadily increased the number of projects won and delivered. Meanwhile, in its cloud-services business, it strengthened sales of "GooooN" and proceeded with functional enhancements, including updates required by legal revisions for "年末調整CuBeクラウド," to acquire users.」

    The company continued efforts to increase the number of contract-development orders and deliveries, strengthen sales of GooooN, and acquire users through functionality enhancements to Nenmatsu Chosei CuBe Cloud.
  14. FY2020-Q1RestatedAnnual report

    「In the cloud-services business, the company worked to acquire users by strengthening sales of GooooN and enhancing functionality, including to comply with legislative revisions for Nenmatsu Chosei CuBe Cloud.」

    To expand the recurring-revenue business, the company continued to acquire users by strengthening sales of GooooN and enhancing the functionality of Nenmatsu Chosei CuBe Cloud.
  15. FY2019RestatedAnnual report

    「We recognize the early monetization of cloud services as a major challenge and intend to promote the cloud-services business.」

    The company continues to identify the early monetization of cloud services as a challenge in pursuit of more stable earnings and a higher share of the recurring-revenue business.
  16. FY2019-Q3AdvancedAnnual report

    「In the cloud-services business, the company updated Nenmatsu Chosei CuBe Cloud, which began being provided in the previous fiscal year, to comply with legislative revisions and enhance its functionality, resulting in a substantial increase in customers. However, investment and costs for service design, development, and sales activities aimed at strengthening competitiveness continue to precede revenue.」

    The number of customers increased substantially following enhancements to the cloud services, while investment in design, development, and sales to strengthen competitiveness continues to precede revenue.
  17. FY2019-Q1AdvancedAnnual report

    「In its cloud-services business, the company began providing JinzaI CuBe Cloud in April 2018 and sold it to group companies of large corporations that were customers for contract development, while also updating Nenmatsu Chosei CuBe Cloud, which began being provided in the previous fiscal year, to comply with legislative revisions and enhance its functionality. However, because revenue from cloud services accumulates gradually by nature, investment and costs for service design, development, and sales activities continue to precede revenue. Net de Seisan, which began being provided in April 2017, was incorporated into the Sharomu service during the current fiscal year as a dedicated application for Sharomu customers.」

    The company began providing JinzaI CuBe Cloud, enhanced the functionality of Nenmatsu Chosei CuBe Cloud, and integrated Net de Seisan into the Sharomu service. Meanwhile, in the cloud business, investment and costs continue to precede the accumulation of revenue.
  18. FY2018AdvancedAnnual report

    「We recognize the development and early monetization of cloud services as major challenges and intend to promote the cloud-services business.」

    To increase the share of the recurring-revenue business, the company identified not only cloud-service development but also early monetization as a major challenge. During the fiscal year, it began providing Net de Seisan and Nenmatsu Chosei CuBe Cloud, and also launched JinzaI CuBe Cloud.
  19. FY2018-Q3AdvancedAnnual report

    「In developing cloud services, an area we have been pursuing in earnest since launching the business, we began providing the new service Net de Seisan in June 2017 and Nenmatsu Chosei CuBe Cloud in October 2017. In addition, we plan to begin providing JinzaI CuBe Cloud in April 2018 and are proceeding with its development.」

    The company began providing 2 cloud services linked to the recurring-revenue business and indicated plans to launch an additional cloud service in the human-resources field.
  20. FY2018-Q2AdvancedAnnual report

    「In developing cloud services, an area we have been pursuing in earnest since launching the business, we launched the new service Net de Seisan in June and developed Nenmatsu Chosei CuBe Cloud, which was launched in October. For Net de Seisan, development was handled by our consolidated subsidiary 株式会社ビジネスネットコーポレーション, while we provided the cloud-service infrastructure and marketing. For Nenmatsu Chosei CuBe Cloud, 株式会社ビジネスネットコーポレーション handled not only development but also the preparation of the cloud infrastructure and marketing.」

    The group advanced cloud-service development through a division of roles, launching Net de Seisan in June and establishing a structure for the development, cloud-infrastructure preparation, and marketing of Nenmatsu Chosei CuBe Cloud.
  21. FY2018-Q1AdvancedAnnual report

    「In June, we launched the new service Net de Seisan. Net de Seisan is a service in which the development is handled by our consolidated subsidiary 株式会社ビジネスネットコーポレーション, while we provide the cloud-service infrastructure and marketing. It is the first service to combine the strengths of our group.」

    As a concrete development in the development and provision of cloud services, the group launched Net de Seisan in June, combining the group's strengths.
  22. FY2017First statedAnnual report

    「We believe that measures such as leveling orders or increasing the share of recurring-revenue businesses through the expansion of maintenance services and development of cloud services are necessary to prevent the so-called timing mismatch, whereby revenue shifts into the following fiscal year due to the leveling of cash flows, the dispersion of operational concentration, or unforeseen circumstances.」

    The company identifies leveling earnings and cash flows in the CuBe business as an issue, with order leveling, expansion of maintenance services, and development of cloud services as the means of addressing it.
Moved together

"Monthly recurring revenue platform through ASP and cloud services" moved the same way as this thread, in the same document, in 8 of its 22 moves.

875442★123456
  1. ★This thread
  2. 1Monthly recurring revenue platform through ASP and cloud services8×
  3. 2Provision of the CuBe HR and general affairs system for large enterprises7×
  4. 3Development and Recruitment of Technical Talent for Next-Generation ASP Development5×
  5. 4Cloud- and ASP-focused revenue and profit growth4×
  6. 5Establishment of the Internal Control, Delegation of Authority and Risk Management Framework4×
  7. 6Risks of Quality Shortfalls, Delivery Delays, and Cost Increases in Large-Scale, Short-Deadline Contracted Development2×

★ 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
No upcoming earnings preview for MKSystem yet.
News
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