Komori
Money Forward (3994) · InitiativeChanges to pricing and integration terms

Freemium, Monthly Subscription-Based Recurring Revenue Model

First written in FY2016. 4 of 9 entries say "Restated". Latest entry: FY2025.

9entries
10years
0from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2017RestatedFY2020-Q2 – FY2021RestatedFY2023-Q3 – FY20252017: 120172018: 120182019: 020192020: 220202021: 020212022: 120222023: 320232024: 020242025: 020252026: 1
Same theme, other companies
Freemium User Acquisition and Paid Conversion ModelA theme 5 companies write about · 0 as a headwind · 5 as a tailwind

0 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.
Full recordFilings, disclosures and news, newest first
  1. FY2025Changes to pricing and integration termsAnnual report

    「Basic functions are provided free of charge, while the premium service, priced at ¥540 per month for credit card payments, offers advanced functions including integration with 5 or more financial services, detailed analysis and reports, access to historical data from more than one year ago, and household financial diagnostics.」

    The freemium model continues, with the premium fee set at ¥540 per month and a clear distinction between integration with 4 financial services for free users and 5 or more for paid users.
  2. FY2023-Q3RestatedAnnual report

    「The number of financial services that free users could integrate was changed from 10 to 4 in December 2022, resulting in a significant increase in paying users.」

    The freemium model allowing free users to integrate 4 services, and its impact on the increase in paying users, continue to be reported.
  3. FY2023-Q1SoftenedAnnual report

    「In the first quarter, the number of financial services that free users could integrate was changed from 10 to 4 starting in December 2022, resulting in a significant increase in paying users.」

    The freemium model continues, while the number of financial services that free users can integrate was reduced from 10 to 4.
  4. FY2022SoftenedAnnual report

    「As a premium service costing approximately ¥500 per month, we provide advanced functions including detailed analysis, integration with 5 or more financial services, storage of historical data from more than one year ago, future simulations, and identification of savings opportunities through household financial diagnostics.」

    The freemium, subscription-based model continues, but the stated number of financial services available for integration has changed from the previous “11 or more” to “5 or more.”
  5. FY2021RestatedAnnual report

    「Money Forward ME is a so-called freemium-model service (Note 3). Basic functions, such as managing multiple account balances in one place and automatically categorizing and graphing transaction histories by categories including food and utilities, are provided free of charge. For a premium service costing approximately ¥500 per month, we provide advanced functions including detailed analysis, integration with 11 or more financial services, storage of historical data from more than one year ago, future simulations, and identification of savings opportunities through household financial diagnostics.」

    The freemium revenue model combining free functions with advanced functions available for a monthly fee has continued.
  6. FY2020-Q2RestatedAnnual report

    「During the previous consolidated fiscal year, we integrated five services into one and introduced a new plan that made it easier to use multiple products. This increased subscription revenue, and demand for the service areas provided by our group has remained stable over the long term.」

    The subscription-based revenue model built around service integration and the new plan continues to be described.
  7. FY2020-Q1AdvancedAnnual report

    「During the previous consolidated fiscal year, we integrated five services into one and introduced a new plan that made it easier to use multiple products. This increased subscription revenue, and demand for the service areas provided by our group has remained stable over the long term.」

    The company demonstrated concrete progress by introducing a new plan that integrated five services into one, resulting in increased subscription revenue.
  8. FY2017RestatedAnnual report

    「By paying a monthly fee of approximately ¥500 as a premium user, customers can access advanced functions including detailed analysis, integration with 11 or more financial services, storage of historical data from more than one year ago, future simulations, and identification of savings opportunities through household financial diagnostics.」

    The freemium revenue model combining free functions with advanced functions available for a monthly fee has continued.
  9. FY2016First statedAnnual report

    「By paying a monthly fee of approximately ¥500 as a premium user, customers can access advanced functions including detailed analysis, integration with 11 or more financial services, storage of historical data from more than one year ago, future simulations, and identification of savings opportunities through household financial diagnostics.」

    A monetization approach for PFM combining free basic functions with paid advanced functions. Overall, the company employs a subscription-based revenue model centered on monthly fees.
Moved together

"High Growth and Continued Operating Losses" moved the same way as this thread, in the same document, in 2 of its 9 moves.

22★12
  1. ★This thread
  2. 1High Growth and Continued Operating Losses2×
  3. 2Dilution of shareholder value from the exercise of stock options2×

★ 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 Money Forward yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Freemium, Monthly Subscription-Based Recurring Revenue Model | Money Forward,Inc. (3994) | Komori