Raising the Recurring Revenue Ratio to 86% under the New Medium-Term Management Plan
First written in FY2024. 2 of 5 entries say "Softened", first in FY2025. Latest entry: 2026-09-24.
Japan PropTech moved to the "Worse" side of this theme in 2025, 1 year before the typical company in this theme (2026).
3 other companies' latest entry also says "Reframed".
- FY2026-H1RestatedAnnual report
「The company's medium- to long-term growth strategy is to increase the proportion of recurring revenue generated through monthly subscriptions, with the aim of establishing a stable earnings base.」
Although the specific numerical targets under the New Medium-Term Management Plan remain undisclosed from the previous fiscal year, the medium- to long-term policy of increasing the proportion of recurring revenue generated through monthly subscriptions continues. - FY2025SoftenedAnnual report
「The numerical targets for the fiscal year ending June 2027 have not been disclosed. However, there has been no change in the medium-term growth strategy, and the company will continue to pursue higher revenue and profit.」
The target of an 86% recurring revenue ratio under the New Medium-Term Management Plan, which had been expected in the previous fiscal year, was not reiterated in this filing, and the numerical targets for the fiscal year ending June 2027 were not disclosed. - FY2024First statedAnnual report
「As of the fiscal year ended June 2024, approximately 73% of total revenue was recurring revenue. As the churn rate is low, the proportion of recurring revenue has increased each year, and the company expects it to rise to approximately 86% in the final year of the New Medium-Term Management Plan (FY2025-FY2027).」
The company disclosed for the first time its expectation that the recurring revenue ratio as a percentage of total revenue would increase from approximately 73% in the fiscal year ended June 2024 to approximately 86% in the final year of FY2025-FY2027.