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Eltes (3967) · TargetAdvanced

Early establishment of commercialization in new business areas

First written in FY2018. 6 of 12 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2022.

12entries
5years
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ProgressHeldSoftenedWorseRestatedFY2018 – FY2020-Q2AdvancedFY2020-Q3 – FY2021-Q1RestatedFY2021-Q2 – FY2021-Q3AdvancedFY2021 – FY20222018: 220182019: 220192020: 420202021: 320212022: 12022
Same theme, other companies
Early Commercialization of New Areas Outside the Existing BusinessA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2022AdvancedAnnual report

    「(AI Security Business) As a result, revenue from the AI Security Business for the fiscal year was ¥723.191 million, up 255.9% year on year, while the segment loss was ¥52.646 million, compared with a segment loss of ¥50.594 million in the previous fiscal year. (DX Promotion Business) As a result, revenue from the DX Promotion Business for the fiscal year was ¥38.694 million, down 11.2% year on year, while the segment loss was ¥65.695 million, compared with a segment loss of ¥101.678 million in the previous fiscal year.」

    Revenue from the AI Security Business grew to ¥723.191 million, while the DX Promotion Business also recorded revenue of ¥38.694 million. Both businesses continued to incur losses, although the loss from the DX Promotion Business narrowed from the previous year.
  2. FY2022-Q2AdvancedAnnual report

    「The AI Security Business operates a physical security business while promoting DX in the security industry by combining AI and IoT to address its challenges. The DX Promotion Business promotes the digital transformation of local governments and companies, and also provides training for DX personnel and matching services between local governments and companies.」

    In the new areas, the company continues to operate businesses involving security DX combining AI and IoT, DX for local governments and companies, personnel training and matching services.
  3. FY2021AdvancedAnnual report

    「(AI Security Business) As a result, revenue was ¥203.194 million, up 185.9% year on year, and the operating loss was ¥50.594 million, compared with a loss of ¥17.248 million in the same period of the previous year. (DX Promotion Business) As a result, revenue was ¥43.586 million, up 40.5% year on year, and the operating loss was ¥101.678 million, compared with a loss of ¥27.582 million in the same period of the previous year.」

    Revenue from the new AI Security Business and DX Promotion Business expanded, and they progressed to the stage of being disclosed as independent reporting segments. However, both businesses recorded operating losses and remain in the development stage of commercialization.
  4. FY2021-Q3Declining Revenue and Widening Losses in Other BusinessesAnnual report

    「Although some services have commenced, these businesses remain in the development stage, and the company is making active investments, including personnel-related expenses. As a result, revenue from the Other business for the cumulative period of the current third quarter was ¥60.531 million, down 11.6% year on year, and the segment loss was ¥64.045 million, compared with a segment loss of ¥20.157 million in the same period of the previous year.」

    In the Other business, development continued after some services commenced, and the company made active investments. Revenue declined 11.6% year on year to ¥60.531 million, while the segment loss was ¥64.045 million, representing an increase in the loss from the same period of the previous year.
  5. FY2021-Q2RestatedAnnual report

    「In the Other business, revenue increased as planning for new services progressed and some of those services reached the monetization stage.」

    In the Other business, planning for new services and partial monetization continue. The disclosure does not indicate that commercialization of the new area as a whole has been completed.
  6. FY2021-Q1AdvancedAnnual report

    「In the Other business, revenue increased as planning for new services progressed and some of those services reached the monetization stage.」

    In the Other business, planning for new services has progressed, with some services reaching the monetization stage.
  7. FY2020AdvancedAnnual report

    「The Other business comprises mainly the AI Security Business, which provides risk information analysis and crisis-response support, and other related solutions. Although some services have commenced, these businesses remain in the development stage, and the company is making active investments, including personnel-related expenses. As a result, revenue was ¥97.935 million, up 798.4% year on year, and the segment loss was ¥44.831 million, compared with a loss of ¥47.211 million in the same period of the previous year.」

    In the new areas, the company disclosed revenue of ¥97.935 million, up 798.4% year on year, and a segment loss of ¥44.831 million, while stating that the businesses remained in the development stage after some services commenced.
  8. FY2020-Q3AdvancedAnnual report

    「In the Other business, some new services have commenced, while the company continues to pursue the monetization of existing services.」

    In the Other business, some new services have commenced, and the monetization of existing services continues. The disclosure does not indicate that commercialization of the new area as a whole has been completed.
  9. FY2020-Q2RestatedAnnual report

    「In the Other business, the company is planning new services while also pursuing the monetization of existing services.」

    In the Other business, the company continues to plan new services and monetize existing services. The disclosure does not indicate that the new services have reached full-scale operation or that commercialization has been completed.
  10. FY2020-Q1RestatedAnnual report

    「In the Other business, the company is planning new services while also pursuing the monetization of existing services.」

    In the new areas, the company continues to plan new services and pursue the monetization of existing services. The disclosure does not indicate that the new services have reached full-scale operation or that commercialization has been completed.
  11. FY2019-Q2RestatedAnnual report

    「The service combining risk-detection expertise based on open data with security expertise has not yet reached full-scale operations, and the Company will continue working toward early commercialization while leveraging alliances with other companies.」

    The company continues to pursue early commercialization of new areas and states that it will advance commercialization by utilizing alliances. However, the services concerned have not yet reached full-scale operation.
  12. FY2018First statedAnnual report

    「In response to heightened security awareness, the company intends to establish businesses in new areas at an early stage.」

    Against a backdrop of heightened security awareness, the company has for the first time explicitly stated its policy of commercializing new areas outside its existing social risk business at an early stage.
Moved together

"Expansion and cross-selling of internal fraud detection services leveraging big data analytics" moved the same way as this thread, in the same document, in 4 of its 12 moves.

443332★123456
  1. ★This thread
  2. 1Expansion and cross-selling of internal fraud detection services leveraging big data analytics4×
  3. 2Expanding the social risk business and strengthening profitability4×
  4. 3Building a structure to improve operating efficiency3×
  5. 4Strengthening the Management Foundation Through Recruitment and Ongoing Training3×
  6. 5Strengthening Information Security and Enhancing Systems Infrastructure3×
  7. 6Expansion in Smartphone and Social Media Use2×

★ 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 Eltes yet.
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Early establishment of commercialization in new business areas | Eltes Co.,Ltd. (3967) | Komori