Decision to End General Availability and Discontinue the Business of the “Jooto” Task and Project Management Tool
株式会社PR TIMES (filing company)
The “Jooto” task and project management tool (web version, iOS version, Android version, various paid plans, APIs for integration with external systems, generative AI-related features, implementation support, BPR, and application development). The “標準の箱” (“Standard Box”) business management tool for TOYOTA MOTOR CORPORATION is not subject to this matter.
The company was unable to establish a competitive advantage capable of achieving sustainable growth in any of the areas of acquiring new customers, retaining existing customers and expanding use within organizations, expanding into the enterprise market, or deploying individually developed projects to other companies. Revenue has continued to fall below plan, revenue for the current fiscal year will be lower than in the previous fiscal year, and the business has recorded an operating loss continuously since its launch.
The impact cannot currently be reasonably calculated. The company is reviewing the amount of one-time costs associated with operating the service following the end of availability, customer support and data migration assistance, settlement of prepaid usage fees, termination of external contracts, system shutdown, and data deletion.
The company is reviewing its consolidated earnings forecast for the fiscal year ending February 2027, including whether a revision is necessary, to reflect the impact of this matter. The company plans to disclose whether a revision is necessary and the details at the same time as the announcement of its second-quarter financial results scheduled for 14 October 2026.
Company response
As of 6 August 2026, the company will stop accepting new user registrations, new paid contracts and upgrades, and new implementation support, BPR, and application development projects. Services for existing customers will continue through 31 July 2027, after which general availability will end.
The company will maintain service quality and security until general availability ends and will address data export and migration, as well as the settlement of contracts and fees. In principle, the 15 employees engaged in the Jooto business will be reassigned in stages to other businesses within 株式会社PR TIMES. The company will review the one-time costs associated with ending availability and plans to disclose whether a revision to its earnings forecast is necessary, together with other details, at the same time as the announcement of its second-quarter financial results on 14 October 2026.
To be disclosed at the same time as the announcement of the second-quarter financial results scheduled for 14 October 2026.
| Item | Details |
|---|---|
| Event name | Decision to End General Availability and Discontinue the Business of the “Jooto” Task and Project Management Tool |
| Date of occurrence | 6 August 2026 (date of the Board of Directors’ resolution) |
| Subject Entity | 株式会社PR TIMES (filing company) |
| Target Locations / Products | The “Jooto” task and project management tool (web version, iOS version, Android version, various paid plans, APIs for integration with external systems, generative AI-related features, implementation support, BPR, and application development). The “標準の箱” (“Standard Box”) business management tool for TOYOTA MOTOR CORPORATION is not subject to this matter. |
| Cause | The company was unable to establish a competitive advantage capable of achieving sustainable growth in any of the areas of acquiring new customers, retaining existing customers and expanding use within organizations, expanding into the enterprise market, or deploying individually developed projects to other companies. Revenue has continued to fall below plan, revenue for the current fiscal year will be lower than in the previous fiscal year, and the business has recorded an operating loss continuously since its launch. |
| Amount of Impact on Business Performance | The impact cannot currently be reasonably calculated. The company is reviewing the amount of one-time costs associated with operating the service following the end of availability, customer support and data migration assistance, settlement of prepaid usage fees, termination of external contracts, system shutdown, and data deletion. |
| Impact on Earnings Forecast | The company is reviewing its consolidated earnings forecast for the fiscal year ending February 2027, including whether a revision is necessary, to reflect the impact of this matter. The company plans to disclose whether a revision is necessary and the details at the same time as the announcement of its second-quarter financial results scheduled for 14 October 2026. |
| Suspended operations | As of 6 August 2026, the company will stop accepting new user registrations, new paid contracts and upgrades, and new implementation support, BPR, and application development projects. Services for existing customers will continue through 31 July 2027, after which general availability will end. |
| Outlook | The company will maintain service quality and security until general availability ends and will address data export and migration, as well as the settlement of contracts and fees. In principle, the 15 employees engaged in the Jooto business will be reassigned in stages to other businesses within 株式会社PR TIMES. The company will review the one-time costs associated with ending availability and plans to disclose whether a revision to its earnings forecast is necessary, together with other details, at the same time as the announcement of its second-quarter financial results on 14 October 2026. |
| Planned follow-up disclosure | To be disclosed at the same time as the announcement of the second-quarter financial results scheduled for 14 October 2026. |
Items this document does not state (15)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The company was unable to establish a competitive advantage that would lead to sustainable growth in any of the areas of acquiring new customers, retaining existing customers and expanding their use, expanding into the enterprise market, or deploying individually developed projects to other customers. Revenue fell below plan and declined year on year, while the business has recorded an operating loss continuously since its launch. After considering the growth effects and opportunity costs of additional investment, the company determined that continuing to invest was not economically rational.