Longer contract terms with corporate customers
First written in FY2022. 2 of 3 entries say "Advanced", first in FY2023. Latest entry: FY2024-Q3.
No other company in this theme has enough history to compare yet.
- FY2024-Q3AdvancedAnnual report
「Strong corporate demand for AI and DX support also contributed to the increase in revenue from both new customers and long-term continuing customers. Revenue from long-term continuing customers accounted for 68.3% of total revenue.」
Revenue increased from both new customers and long-term continuing customers, while revenue from long-term continuing customers accounted for 68.3%. - FY2023AdvancedAnnual report
「The ratio was 73.9% in the fiscal year ended March 2023, and we will continue working to increase it.」
Revenue from customers with contracts continuing for at least 4 quarters accounted for 73.9%, up from 65.6% in the previous fiscal year, and the company stated its policy of increasing the ratio further. - FY2022First statedAnnual report
「Initially, we identify issues and conduct proof-of-concept work, then over the medium to long term expand the scope into implementation and operation of AI models based on those results. Accordingly, contract periods with corporate customers are expected to lengthen in line with the results achieved.」
The company aims to lengthen contracts by progressing from issue identification and proof of concept to implementation and operation of AI models. The revenue ratio from long-term continuing customers was 65.6% in the fiscal year ended March 2022.