Expanding Payment ASP Services and Recurring Revenue
First written in FY2021. 12 of 22 entries say "Advanced", first in FY2022-Q2. Latest entry: 2026-09-18.
The whole theme swung hardest in 2022: 1 of 7 companies on the "Worse" side.
2 other companies' latest entry also says "Advanced".
- 2026-09-18AdvancedManagement Planning
「成長戦略の着実な実行により、ペイメントサービス事業（ストックビジネス）を成長させつつ2026年6月期は人材育成、研究開発に投資し2027年6月期以降の成長確度を高めます。」
ペイメントサービス事業について、マルチ決済端末のサブスク型販売、国際ブランド決済ネットワーク接続サービス、決済手数料売上及び従来型アウトソーシングサービスの4分野で成長させる計画を具体化している。 - FY2026Decline in recurring revenue and reversal of large projectsAnnual report
「For subscriptions, revenue attributable to the provision of ongoing services is recognized as recurring revenue, while revenue and cost of sales for payment terminals provided under lease are recognized on the lease commencement date by applying the Accounting Standard for Lease Transactions (ASBJ Statement No. 13). Compared with the same period of the previous fiscal year, which was affected by large subscription projects, related revenue and cost of sales declined.」
Revenue from the payment services business declined 8.1% year on year, and segment profit declined 38.9%. The company states that the reversal of large subscription projects in the previous fiscal year and the discontinuation of certain services affected results. - FY2026-H1Decline in recurring and subscription revenueAnnual report
「Within the payment services business, the company recognizes payment ASP services, maintenance and operations services, and other services as recurring revenue. During the interim accounting period, revenue was affected by contract changes, including the discontinuation of some services.」
Payment services business revenue decreased 21.1% year on year, and segment profit decreased 71.8%. The company cited contract changes, including the discontinuation of some services, as well as the absence of a large subscription project recorded in the same period of the previous year. - FY2025AdvancedAnnual report
「In the 30th fiscal year, flow revenue from the payment integration business accounted for 39.1% of total revenue, while recurring revenue from the payment services business accounted for 60.9%. When systems and other products previously delivered under the payment integration business reach the replacement stage, the company will direct customers to its payment ASP services, the core of its payment services business, thereby reducing the burden on customers and strengthening its recurring revenue.」
Recurring revenue increased to 60.9% of total revenue from 55.5% in the previous fiscal year. The strategy of directing customers to payment ASP services when existing systems are replaced is also continuing. - FY2025-H1AdvancedAnnual report
「Beginning in the interim accounting period, the payment services business began recognizing subscription revenue in addition to recurring revenue. Revenue recognized as recurring revenue, including payment ASP services and maintenance and operations services, remained firm following the revision of fees for some services. Of subscription revenue, the portion related to ongoing service provision is recognized as recurring revenue, while revenue and cost of sales related to the rental of payment terminals are recognized on the lease commencement date under Accounting Standard for Lease Transactions (Accounting Standards Board of Japan Statement No. 13). Although a large subscription project increased subscription revenue during the interim accounting period, segment profit declined due to the recognition of terminal costs and other expenses. As a result, revenue was ¥631.263 million, up 29.2% year on year, and segment profit, or operating income, was ¥23.808 million, down 40.0%.」
The company newly recognized subscription revenue, which increased during the interim accounting period due to a large project. Payment services business revenue increased 29.2% year on year, while segment profit decreased 40.0% due to the recognition of terminal costs and other expenses. - FY2024AdvancedAnnual report
「The payment services business provides payment ASP services, maintenance and operations services, and other services. Recurring revenue in this business is recognized after flow-revenue projects are delivered. Flow projects won in the previous fiscal year converted into recurring revenue, which remained firm. As a result, revenue was ¥965.484 million, up 5.0% year on year, and segment profit, or operating income, was ¥56.355 million, up 46.2%.」
The structure of converting flow revenue into recurring revenue after project delivery continued. Payment services business revenue increased 5.0%, and segment profit increased 46.2%. Recurring revenue accounted for 55.5% of total revenue. - FY2024-Q3AdvancedAnnual report
「The payment services business provides payment ASP services, maintenance and operations services, and other services. Recurring revenue in this business is recognized after flow-revenue projects are delivered. Flow projects won in the previous fiscal year converted into recurring revenue, which remained firm. As a result, revenue was ¥727.417 million, up 7.8% year on year, and segment profit, or operating income, was ¥57.661 million, up 140.5%.」
The conversion of flow projects won in the previous fiscal year into recurring revenue continued, resulting in a 7.8% year-on-year increase in payment services business revenue and a 140.5% increase in segment profit. - FY2024-Q2AdvancedAnnual report
「The payment services business provides payment ASP services, maintenance and operations services, and other services. Recurring revenue in this business is recognized after flow-revenue projects are delivered. Flow projects won in the previous fiscal year converted into recurring revenue, which remained firm. As a result, revenue was ¥488.619 million, up 9.5% year on year, and segment profit, or operating income, was ¥39.685 million, up 869.0%.」
The conversion of flow projects won in the previous fiscal year into recurring revenue continued, resulting in a 9.5% year-on-year increase in payment services business revenue and an 869.0% increase in segment profit. - FY2024-Q1AdvancedAnnual report
「The payment services business provides payment ASP services, maintenance and operations services, and other services. Recurring revenue in this business is recognized after flow-revenue projects are delivered. Flow projects won in the previous fiscal year converted into recurring revenue, which remained firm. As a result, revenue was ¥245.367 million, up 9.3% year on year, and segment profit, or operating income, was ¥22.692 million, up 518.4%.」
The conversion of flow projects won in the previous fiscal year into recurring revenue progressed, resulting in a 9.3% year-on-year increase in payment services business revenue and a 518.4% increase in segment profit. - FY2023Decline in recurring revenue and continued delays in service launchesAnnual report
「Outsourcing services revenue, which is recurring revenue, is recognized after the delivery of information systems development projects. Due to the switching of some customers, revenue was ¥919.234 million, down 0.3% year on year.」
Recurring revenue decreased 0.3% year on year due to the switching of some customers. International card-brand payment network connectivity services and subscription-based sales of multi-payment terminals did not generate revenue as initially planned because their launch dates were deferred. - FY2023-Q3Decline in recurring revenue and continued delays in service launchesAnnual report
「Outsourcing services revenue, which is recurring revenue, is recognized after the delivery of information systems development projects. Due to the switching of some customers, revenue was ¥675.040 million, down 1.7% year on year.」
Recurring revenue decreased 1.7% year on year due to the switching of some customers. In addition, international card-brand payment network connectivity services and subscription-based sales of multi-payment terminals did not generate revenue as initially planned because their launch dates were deferred. - FY2023-Q2Decline in recurring revenue and delays in growth initiativesAnnual report
「Outsourcing services revenue, which is recurring revenue, is recognized after the delivery of information systems development projects. Due to the switching of some customers, revenue was ¥446.143 million, down 2.7% year on year.」
Recurring revenue decreased 2.7% year on year due to the switching of some customers. Although the company has been investing management resources in international card-brand payment network connectivity services and subscription-based sales of multi-payment terminals, this has not yet made up for the decline in revenue. - FY2023-Q1Decline in recurring revenueAnnual report
「Meanwhile, outsourcing services revenue, which is recurring revenue, was ¥224.511 million, down 2.7% year on year, due to the switching of some customers.」
Recurring revenue was ¥224.511 million, down 2.7% year on year due to the switching of some customers. - FY2022AdvancedAnnual report
「In the 27th fiscal year, flow revenue from development accounted for 41.9% of total revenue, while recurring revenue from outsourcing services accounted for 58.1%.」
Outsourcing services revenue was ¥922.370 million, up 2.6% year on year, with recurring revenue accounting for 58.1% of total revenue. In addition to moving existing customers to ASP services, the company added subscription-based sales of payment terminals as a measure to expand recurring revenue. - FY2022-Q3AdvancedAnnual report
「Outsourcing services revenue, which is recurring revenue, is recognized after the delivery of information systems development projects. Although it was affected by sluggish orders for information systems development, the provision of new payment methods to existing users resulted in revenue of ¥687.038 million, up 2.0% year on year.」
The company continued to provide existing users with new payment methods and reported recurring revenue of ¥687.038 million, up 2.0% year on year. - FY2022-Q2AdvancedAnnual report
「Outsourcing services revenue, which is recurring revenue, is recognized after the delivery of information systems development projects. Despite the impact of timing differences in information systems development revenue, the provision of new payment methods to existing users resulted in revenue of ¥458.413 million.」
The company reported outsourcing services revenue of ¥458.413 million, as recurring revenue, driven by the provision of new payment methods to existing users. - FY2022-Q1RestatedAnnual report
「Meanwhile, outsourcing services revenue was ¥230.711 million, reflecting increased demand for opportunities to use credit cards and other payment methods amid the shift toward cashless payments and efforts to prevent the spread of COVID-19.」
The company reported outsourcing services revenue and reiterated demand for recurring services against a backdrop including the shift toward cashless payments. - FY2021First statedAnnual report
「The company is pursuing a strategy of increasing outsourcing services revenue, its recurring-revenue business, by directing existing customers that manage and operate their own payment systems to its payment ASP services when they replace those systems.」
The company plans to move existing on-premises customers to cloud-based services when they replace their systems, thereby expanding recurring contract revenue. It reported that outsourcing services revenue grew at an average annual rate of approximately 10% from the fiscal year ended June 2017 onward.