Securing Stable Revenue Through Recurring Revenue
First written in FY2020-Q3. 20 of 24 entries say "Advanced", first in FY2020. Latest entry: 2026-08-12.
The whole theme swung hardest in 2019: 1 of 11 companies on the "Worse" side.
3 other companies' latest entry also says "Restated".
- 2026-08-12RestatedEarnings presentation
「We will strengthen the stable revenue base by increasing the recurring revenue ratio.」
The company reiterated its policy of strengthening the subscription-based revenue base by expanding the cloud customer base and increasing the recurring revenue ratio. - FY2026-H1AdvancedAnnual report
「As the number of cloud license contracts continued to increase, the recurring revenue ratio, the proportion of stock-based revenue, rose to 76.1%, up 7.3 percentage points from 68.8% in the previous year.」
Recurring revenue totaled ¥2,079.329 million, and its proportion of total HRM business sales rose to 76.1%. It increased 7.3 percentage points from 68.8% in the previous year, indicating further expansion of the proportion of stock-based revenue. - FY2025AdvancedAnnual report
「The breakdown of recurring revenue and the proportion of recurring revenue to total HRM business sales are as follows. Cloud license sales ¥3,118.675 million 59.8%, premium support sales ¥531.837 million 10.2%, other sales ¥23.072 million 0.4%, total ¥3,673.585 million 70.4%.」
Recurring revenue in fiscal 2025 totaled ¥3,673.585 million, accounting for 70.4% of total HRM business sales. Both the amount and proportion increased from ¥2,897.483 million and 68.7% in the previous year, further increasing the contribution of cloud license sales. - FY2025-H1AdvancedAnnual report
「The number of cloud license contracts continued to increase, while the recurring revenue ratio, the proportion of stock-based revenue, remained at 68.8%, the same level as in the previous year.」
Recurring revenue totaled ¥1,735.851 million, up from ¥1,363.314 million in the same period of the previous year. Its proportion of total HRM business sales was 68.8%, remaining at the same level as in the previous year, and the transition to a business structure centered on stock-based revenue has become established. - FY2024AdvancedAnnual report
「The breakdown of recurring revenue and the proportion of recurring revenue to total HRM business sales are as follows. Cloud license sales ¥2,301.703 million 54.6%, premium support sales ¥572.325 million 13.6%, other sales ¥23.454 million 0.6%, total ¥2,897.483 million 68.7%.」
Recurring revenue in fiscal 2024 totaled ¥2,897.483 million, accounting for 68.7% of total HRM business sales, up from ¥2,520.348 million and 67.6% in the previous year in both amount and proportion. - FY2024-H1AdvancedAnnual report
「The breakdown of recurring revenue is as follows. Cloud license sales ¥1,069.184 million 53.9%, premium support sales ¥286.382 million 14.4%, other sales ¥7.747 million 0.4%, total ¥1,363.314 million 68.8%.」
Recurring revenue for the interim consolidated period totaled ¥1,363.314 million, accounting for 68.8% of total HRM business sales. Both the amount and proportion increased from ¥1,231.290 million and 65.7% in the same period of the previous year. - FY2024-Q1AdvancedAnnual report
「Cloud business sales expanded as market needs grew further. Cloud license sales, which are recurring revenue, amounted to ¥515.575 million, up 12.1% year on year, and continued to contribute to securing stable revenue. As a result, total cloud business sales were ¥652.145 million, up 8.9% year on year. The breakdown of recurring revenue is as follows. Cloud license sales ¥515.575 million 54.3%, premium support sales ¥144.072 million 15.2%, other sales ¥5.976 million 0.6%, total ¥665.624 million 70.1%.」
Recurring revenue in the first quarter totaled ¥665.624 million, accounting for 70.1% of total HRM business sales. Cloud license sales increased 12.1% year on year and premium support sales increased 1.5%, expanding recurring revenue in both amount and proportion. - FY2023AdvancedAnnual report
「The breakdown of recurring revenue and the proportion of recurring revenue to total HRM business sales are as follows. Cloud license sales ¥1,929.033 million 51.7%, premium support sales ¥566.648 million 15.2%, other sales ¥24.667 million 0.7%, total ¥2,520.348 million 67.6%.」
Recurring revenue in fiscal 2023 totaled ¥2,520.348 million, accounting for 67.6% of total HRM business sales. Both the amount and proportion increased from ¥2,281.071 million and 64.5% in the previous year. - FY2023-Q3AdvancedAnnual report
「The breakdown of recurring revenue and the proportion of recurring revenue to total HRM business sales are as follows. Sales category Amount (¥ thousands) Percentage (%) Recurring revenue Cloud license sales 1,426,997 52.3 Premium support sales 426,612 15.6 Other sales 14,673 0.5 Total 1,868,283 68.5」
Cumulative recurring revenue for the first 3 quarters totaled ¥1,868.283 million, accounting for 68.5% of total HRM business sales. The proportion of recurring revenue increased from 64.5% in the previous year and 65.7% in the same period of the previous year. - FY2023-Q2AdvancedAnnual report
「The breakdown of recurring revenue is as follows. Cloud license sales ¥938.775 million 50.1% Premium support sales ¥284.021 million 15.2% Other sales ¥8.494 million 0.5% Total ¥1,231.290 million 65.7%」
Cumulative recurring revenue for the second quarter totaled ¥1,231.290 million, accounting for 65.7% of total HRM business sales. Cloud license sales of ¥938.775 million formed the core of recurring revenue. - FY2023-Q1AdvancedAnnual report
「The breakdown of recurring revenue and the proportion of recurring revenue to total HRM business sales are as follows. Recurring revenue Cloud license sales ¥459.777 million 50.1% Premium support sales ¥141.924 million 15.5% Other sales ¥6.155 million 0.7% Total ¥607.857 million 66.2%」
Recurring revenue totaled ¥607.857 million, accounting for 66.2% of total HRM business sales. The proportion of recurring revenue increased from 64.5% in the previous year. - FY2022AdvancedAnnual report
「Recurring revenue totaled ¥2,090.631 million, comprising cloud license sales of ¥1,469.324 million, premium support sales of ¥589.325 million and other sales of ¥31.980 million. It accounted for 63.1% of total HRM business sales.」
Recurring revenue in fiscal 2022 totaled ¥2,281.071 million, comprising cloud license sales of ¥1,678.366 million, premium support sales of ¥573.924 million and other sales of ¥28.780 million. It accounted for 64.5% of total HRM business sales, increasing from the previous year in both amount and proportion. - FY2022-Q3AdvancedAnnual report
「Cloud business sales expanded as market needs grew further. Cloud license sales, which are recurring revenue, amounted to ¥1,237.617 million, up 14.2% year on year, and continued to contribute to securing stable revenue. As a result, total cloud business sales were ¥1,580.016 million, up 5.1% year on year. Total 1,684,434 66.6」
Recurring revenue totaled ¥1,684.434 million, comprising cloud license sales of ¥1,237.617 million, premium support sales of ¥431.125 million and other sales of ¥15.691 million. It accounted for 66.6% of total HRM business sales. - FY2022-Q2AdvancedAnnual report
「Cloud license sales, which are recurring revenue, amounted to ¥808.346 million, up 14.1% year on year, and continued to contribute to securing stable revenue. As a result, total cloud business sales were ¥1,033,824, up 2.2% year on year.」
Recurring revenue totaled ¥1,105.986 million, comprising cloud license sales of ¥808.346 million, premium support sales of ¥288.773 million and other sales of ¥8.866 million. While the increase in cloud licenses contributed to recurring revenue growth, premium support sales declined 2.3% year on year. - FY2022-Q1AdvancedAnnual report
「Cloud license sales, which are recurring revenue, amounted to ¥396.605 million, up 13.6% year on year, continuing to contribute to securing stable revenue. Recurring revenue totaled ¥548.973 million, comprising cloud license sales of ¥396.605 million, premium support sales of ¥145.998 million and other sales of ¥6.368 million. It accounted for 68.0% of total HRM business sales.」
Recurring revenue totaled ¥548.973 million, accounting for 68.0% of total HRM business sales. Cloud license sales increased 13.6% year on year, raising the proportion of recurring revenue. - FY2021AdvancedAnnual report
「Recurring revenue totaled ¥2,090.631 million, comprising cloud license sales of ¥1,469.324 million, premium support sales of ¥589.325 million and other sales of ¥31.980 million. It accounted for 63.1% of total HRM business sales.」
Recurring revenue totaled ¥2,090.631 million, accounting for 63.1% of total HRM business sales, up from ¥1,824.958 million and 53.4% in the previous year. - FY2021-Q3AdvancedAnnual report
「On-premises business sales totaled ¥964.973 million, down 19.7% year on year, due to order postponements, mainly among customer companies that continued to be affected even after the state of emergency ended, and changes to cloud contracts. Of this, premium support sales, which are recurring revenue, amounted to ¥443.043 million, up 2.8% year on year, contributing to the securing of stable revenue.」
Recurring revenue totaled ¥1,545.249 million, comprising cloud license sales of ¥1,084.171 million, premium support sales of ¥443.043 million and other sales of ¥18.034 million. Premium support sales increased 2.8% year on year, continuing to demonstrate the contribution of recurring revenue to stable revenue. - FY2021-Q2AdvancedAnnual report
「On-premises business sales totaled ¥692.469 million, down 19.3% year on year, due to order postponements, mainly among customer companies that continued to be affected by COVID-19, and changes to cloud contracts. Of this, premium support sales, which are recurring revenue, amounted to ¥295.649 million, up 3.2% year on year, contributing to the securing of stable revenue.」
Premium support sales were ¥295.649 million, up 3.2% year on year. Total recurring revenue, including cloud license sales of ¥708.202 million and other revenue, was ¥1,013.441 million. - FY2021-Q1RestatedAnnual report
「On-premises business sales totaled ¥347.143 million due to order postponements, mainly among customer companies that continued to be affected by COVID-19, and changes to cloud contracts. Of this, premium support sales, which are recurring revenue, amounted to ¥148.157 million, contributing to the securing of stable revenue.」
Recurring revenue totaled ¥504.729 million, including cloud license sales of ¥349.227 million and premium support sales of ¥148.157 million, continuing to demonstrate its contribution to stable revenue. - FY2020AdvancedAnnual report
「Recurring revenue totaled ¥1,824.958 million, comprising cloud license sales of ¥1,219.793 million, premium support sales of ¥576.181 million and other sales of ¥28.983 million. It accounted for 53.4% of total HRM business sales.」
Recurring revenue increased from ¥1,507.479 million, or 47.8%, in the previous year to ¥1,824.958 million, or 53.4%, increasing the proportion of recurring revenue. - FY2020-Q3First statedAnnual report
「Of this, premium support sales, which are recurring revenue, amounted to ¥430.970 million, contributing to the securing of stable revenue.」
Recurring revenue from cloud licenses, premium support and other sources is described as the foundation for growth and stable revenue. Total recurring revenue was ¥1,332.790 million.