Commercialization of a Web3 Business Following the STAR Project Demonstration
First written in FY2023-Q3. 8 of 12 entries say "Advanced", first in FY2023. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026ReframedAnnual report
「As the global blockchain market grows, the platform/Web3 business decided to strategically withdraw from the ONGAESHI job placement support service it had initially developed, while expanding its blockchain consulting business using advanced technologies such as zero-knowledge proofs and secure computation. The company is concentrating management resources in this area, including by launching a platform for prediction markets.」
The focus of Web3 commercialization shifted from ONGAESHI job placement support to a blockchain business encompassing zero-knowledge proofs, secure computation and prediction markets. - FY2026-H1ReframedAnnual report
「The platform/Web3 business entered a period of rebuilding for growth, targeting an IEO in the fiscal year ending March 2027, against the backdrop of global expansion in the blockchain market. While the company decided to strategically withdraw from Japan from the ONGAESHI job placement support service it had initially developed, its blockchain business centered on advanced technologies such as zero-knowledge proofs and secure computation is expanding, and it is concentrating management resources in this area.」
The Web3 business following the STAR demonstration was positioned as being in a phase of strategic reorientation away from ONGAESHI's domestic job placement support and toward rebuilding around a business centered on zero-knowledge proofs and secure computation. The target of an IEO in the fiscal year ending March 2027 remains unchanged. - FY2025AdvancedAnnual report
「In addition to providing job placement support through the ONGAESHI project, which combines talent development and recruitment, the company made an investment through a silent partnership in BOUNDLESSEDU PTE.LTD., a Singaporean company established with a view to expanding the project overseas, for the purpose of raising funds. In collaboration with the company, it is also developing consulting services. The company is further strengthening its efforts in advanced technologies such as secure computation and zero-knowledge proofs.」
Regarding commercialization of the Web3 business following the STAR demonstration, the company expanded into ONGAESHI job placement support, collaboration with an overseas company, consulting, and initiatives involving secure computation and zero-knowledge proofs. It is also targeting an IEO in the fiscal year ending March 2027. - FY2025-H1AdvancedAnnual report
「To promote a talent development model in collaboration with local governments, the company conducted a demonstration project in Ikoma, Nara Prefecture, and is developing a new business model to train people for industries and occupations facing labor shortages. It is also strengthening its operating structure to provide more job placement support, and expects the number of courses offered and people eligible for job placement support to increase. As a result, segment revenue was ¥27.921 million, compared with no revenue in the same period of the previous year, and the segment loss was ¥60.612 million, compared with a segment loss of ¥134.013 million in the same period of the previous year.」
For ONGAESHI, the company progressed with the talent development model demonstration in Ikoma, the development of a new business model for industries facing labor shortages, and the strengthening of its operating structure. Platform/Web3 business revenue was ¥27.921 million, compared with no revenue in the same period of the previous year. - FY2024AdvancedAnnual report
「Revenue from the platform/Web3 business was ¥280.125 million. The company was also selected for the Digital Agency's Trusted Web (secure computation) use-case demonstration project.」
Following the launch of ONGAESHI, the company recorded revenue from the sale of its system to BOUNDLESSEDU PTE.LTD. and was selected for the Digital Agency's Trusted Web demonstration project. - FY2024-Q2AdvancedAnnual report
「The company officially released the 2 ONGAESHI apps on 25 October, began providing the services, and is making steady progress.」
Regarding commercialization of the Web3 business following the STAR demonstration, the company officially released the 2 ONGAESHI apps on 25 October and began providing the services. - FY2024-Q1AdvancedAnnual report
「The company is developing systems in preparation for the October launch of ONGAESHI, a new service combining digital talent development and recruitment, to be launched as part of the Web3 business following the STAR project demonstration. Before the service launch, it also began accepting lottery applications for NFTs that can make reskilling free of charge.」
The company reported specific progress in commercializing its Web3 business following the STAR demonstration, including the October service launch, system development and the start of lottery applications for NFTs that make reskilling free of charge. - FY2023AdvancedAnnual report
「The company continues to work on system development, patent applications to secure technological advantages, and collaboration with academia, including the development of financial models and market design, in preparation for the service launch in September 2023.」
Following the completion of STAR's 3-year demonstration, the company launched ONGAESHI as its successor project and progressed to a commercialization plan envisaging the establishment of a DAO, a service launch in September 2023, and an IEO from the fiscal year ending March 2025 onward. - FY2023-Q3First statedAnnual report
「The company also began initiatives aimed at expanding its Web3 business following the demonstration phase of the STAR project.」
For the first time, the company explicitly stated that it had begun preparing to commercialize its Web3 business in the following fiscal year following the STAR project's demonstration phase.