Business structure combining mobile’s stock-based model with IoT’s flow-based model
First written in FY2021. 11 of 20 entries say "Advanced", first in FY2024-Q3. Latest entry: FY2026.
53 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「Device installation projects are a flow business based on contracts for work, while maintenance and operations are a stock business based on recurring activities.」
The Group continues to describe a business structure combining flow-based IoT device installation with stock-based maintenance and operations. IoT revenue was ¥3,742.570 million, with projects involving temperature sensors, network cameras and other equipment expanding in addition to installation and replacement work. - FY2026-H1AdvancedAnnual report
「In addition to projects involving the installation and replacement of core smart meters, projects involving various IoT devices and facilities, including network cameras and sensors, tenant meters and solar power generation equipment, expanded steadily, resulting in record-high revenue for the second quarter.」
In the IoT business, various new equipment- and facility-related projects expanded in addition to the conventional installation and replacement projects centered on smart meters, resulting in record-high revenue. - FY2025AdvancedAnnual report
「In the IoT engineering services and IT engineering services fields, in addition to steady performance in smart-meter installation and replacement, the recurring business of stationing engineers at customer sites to provide monitoring, maintenance and other services expanded.」
In the IoT business, the recurring business involving on-site monitoring and maintenance expanded in addition to the conventional project-based business centered on installations. - FY2025-H1AdvancedAnnual report
「In the IoT engineering field, the company’s continued proposals for recurring projects such as monitoring and maintenance, in addition to project-based work such as smart-meter installation, led to the acquisition of recurring projects with high profit margins.」
The company stated that it had acquired high-margin recurring projects involving monitoring and maintenance in its IoT business, in addition to its conventional project-based business centered on equipment installation. - FY2024AdvancedAnnual report
「In addition to IoT equipment installation, recurring projects involving engineers stationed at customer sites to provide monitoring and maintenance services have also been growing steadily.」
The company again stated that recurring projects involving on-site monitoring and maintenance have increased in the IoT business in addition to equipment installation. - FY2024-Q3AdvancedAnnual report
「In addition to IoT equipment installation, recurring projects involving engineers stationed at customer sites to provide monitoring and maintenance services have also been growing steadily.」
The company stated that, in its IoT business, recurring projects involving on-site monitoring and maintenance have been growing steadily in addition to its conventional equipment installation business. - FY2023RestatedAnnual report
「On-site projects are performed under quasi-mandate contracts, and because projects themselves may continue for several years, they constitute a recurring business based on continuously renewed one- to three-month contracts. Contract-based projects are performed under service contracts and constitute a project-based business, with revenue recognized when projects such as base-station construction are completed.」
The company reaffirmed its business structure of recurring mobile on-site projects and project-based contract work. - FY2023-Q3RestatedAnnual report
「There were no material changes in the nature of the businesses operated by the Company during the cumulative third-quarter period under review. There were also no changes among its principal affiliated companies.」
The company reaffirmed that there had been no material change to its business, including its single Infrastructure Tech segment. - FY2023-Q2RestatedAnnual report
「There were no material changes to the nature of the businesses operated by the Company during the cumulative period of the second quarter. There were also no changes among the Company’s principal affiliated companies.」
The company reaffirmed that there had been no material change to its business, including its single Infrastructure Tech segment. - FY2023-Q1RestatedAnnual report
「There were no material changes in the nature of the business conducted by the Company during the cumulative first quarter. There were also no changes among its principal affiliated companies.」
The company reaffirmed that there had been no material change to its business, including its single Infrastructure Tech segment. - FY2022RestatedAnnual report
「Equipment installation projects are performed under service contracts and constitute a project-based business. Maintenance and operations are also performed under service contracts, but they are ongoing to maintain stable operation of IoT equipment and therefore constitute a recurring business.」
The company reaffirmed its revenue structure for IoT, with equipment installation treated as project-based revenue and maintenance and operations as recurring revenue. - FY2022-Q3RestatedAnnual report
「There were no material changes in the nature of the businesses operated by the Company during the cumulative third-quarter period under review. There were also no changes among its principal affiliated companies.」
The company reaffirmed that there had been no material change to its business, including its single Infrastructure Tech segment. - FY2022-Q2RestatedAnnual report
「There were no material changes to the nature of the businesses operated by the Company during the cumulative period of the second quarter. There were also no changes among the Company’s principal affiliated companies.」
The company reaffirmed that there had been no material change to its business, including its single Infrastructure Tech segment. - FY2022-Q1RestatedAnnual report
「There were no material changes in the nature of the business conducted by the Company during the cumulative first quarter. There were also no changes among its principal affiliated companies.」
The company expressly stated that there had been no material change to its business, which consists of a single Infrastructure Tech segment. - FY2021First statedAnnual report
「Most revenue from mobile engineering services comes from recurring projects and is calculated as active headcount multiplied by average unit price. Most revenue from IoT engineering services comes from project-based engagements and is calculated as installed units multiplied by average unit price.」
The company classifies continuously renewed on-site projects and one-off projects centered on equipment installation as different revenue models.