Komori
Money Forward (3994) · InitiativeRestated

Overseas Expansion Through the Establishment of a Development Center in Vietnam

First written in FY2018-Q3. 3 of 5 entries say "Advanced", first in FY2022-Q3. Latest entry: FY2023.

5entries
7years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2018-Q3AdvancedFY2022-Q3 – FY2023-Q22018: 120182019: 020192020: 020202021: 020212022: 120222023: 220232024: 1
Same theme, other companies
Strengthening the overseas development structure through a Vietnamese subsidiaryA theme 19 companies write about · 0 as a headwind · 19 as a tailwind

The whole theme swung hardest in 2026: 1 of 7 companies on the "Worse" side.

5 other companies' latest entry also says "Restated".

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 19 companies compared. The sentences above are computed from all 19.
Full recordFilings, disclosures and news, newest first
  1. FY2023RestatedAnnual report

    「Money Forward America and HIRAC FUND2号投資事業有限責任組合 were newly established during the current consolidated fiscal year and have therefore been included in the scope of consolidation.」

    The status of including Money Forward America and HIRAC FUND2号 as consolidated entities as part of the overseas expansion and new business platform continues.
  2. FY2023-Q2AdvancedAnnual report

    「MONEY FORWARD INDIA PRIVATE LIMITED was newly established during the second quarter of the current consolidated accounting period and has therefore been included in the scope of consolidation.」

    As part of its overseas expansion, the Group newly established an Indian entity following Vietnam and the United States and added it to the scope of consolidation.
  3. FY2022AdvancedAnnual report

    「Money Forward America and HIRAC FUND2号投資事業有限責任組合 were newly established during the current consolidated fiscal year and have therefore been included in the scope of consolidation.」

    As part of its overseas expansion, the Group newly established Money Forward America and added it to the scope of consolidation.
  4. FY2022-Q3AdvancedAnnual report

    「Money Forward America was established during the third quarter of the current consolidated accounting period and has therefore been included in the scope of consolidation.」

    As part of its overseas expansion, the Group established Money Forward America in addition to its existing development center in Vietnam and added it to the scope of consolidation.
  5. FY2018-Q3First statedAnnual report

    「The Group will actively pursue business expansion in overseas markets by establishing an overseas subsidiary in Vietnam to serve as a development center and actively recruiting development personnel.」

    The establishment of MONEY FORWARD VIETNAM CO.,LTD. and the initiative to expand into overseas markets while recruiting development personnel at the development center were disclosed for the first time.
Moved together

"Service Adoption and Expansion of the Domestic Customer Base" moved the same way as this thread, in the same document, in 3 of its 5 moves.

333333★123456
  1. ★This thread
  2. 1Service Adoption and Expansion of the Domestic Customer Base3×
  3. 2Expansion of the PFM Service User Base3×
  4. 3Improving Back-Office Efficiency and Productivity through MF Cloud3×
  5. 4Recurring Revenue Driven by Growth in Paid Users3×
  6. 5SaaS ARR as a New Management Metric3×
  7. 6Raising Growth Capital through Share Issuance and Bank Borrowings3×

★ 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
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