Model Generating Recurring Revenue Throughout the Contract Term
First written in FY2021. 10 of 12 entries say "Restated". Latest entry: FY2026-H1.
No other company in this theme has enough history to compare yet.
- FY2026-H1RestatedAnnual report
「Goods or services transferred at a point in time 4,781,977 Goods or services transferred over time 911,673 Revenue from contracts with customers 5,693,651」
Revenue for the six-month consolidated period is disaggregated between revenue recognized at a point in time and over time, reaffirming the recurring revenue structure. - FY2025RestatedAnnual report
「Remaining performance obligations that are unsatisfied or partially unsatisfied totaled ¥3,818,237 thousand at the end of the previous fiscal year and ¥2,310,165 thousand at the end of the current fiscal year. Revenue from these remaining performance obligations is expected to be recognized over one to 10 years as the obligations are satisfied.」
The company continues to disclose remaining performance obligations expected to be recognized over 1 to 10 years. - FY2025-H1RestatedAnnual report
「Goods or services transferred at a point in time 2,107,247 Goods or services transferred over time 926,544 Revenue from contracts with customers 3,033,791」
Revenue of ¥3,033,791 thousand for the six-month period is disaggregated between revenue recognized at a point in time and over time, reaffirming the recurring revenue component. - FY2024RestatedAnnual report
「Remaining performance obligations that are unsatisfied or partially unsatisfied totaled ¥4,681,494 thousand at the end of the previous fiscal year and ¥3,818,237 thousand at the end of the current fiscal year. Revenue from these remaining performance obligations is expected to be recognized over one to 10 years as the obligations are satisfied.」
The company reaffirms its recurring revenue structure, with remaining performance obligations recognized over 1 to 10 years. - FY2024-H1RestatedAnnual report
「Goods or services transferred at a point in time 1,189,514 Goods or services transferred over time 935,071 Revenue from contracts with customers 2,124,586」
Of sales of ¥2,124,586 thousand for the six-month period, ¥935,071 thousand was disclosed as goods or services transferred over time. - FY2024-Q1RestatedAnnual report
「Goods or services transferred at a point in time 582,508 Goods or services transferred over time 467,296」
For sales of ¥1,049,805 thousand in the three-month period, the company disclosed ¥582,508 thousand recognized at a point in time and ¥467,296 thousand recognized over time. - FY2023RestatedAnnual report
「Remaining performance obligations that are unsatisfied or partially unsatisfied totaled ¥4,957,059 thousand at the end of the previous fiscal year and ¥4,681,494 thousand at the end of the current fiscal year. Revenue from these remaining performance obligations is expected to be recognized over one to 10 years as the obligations are satisfied.」
The company discloses ¥4,681,494 thousand of remaining performance obligations expected to be recognized over 1 to 10 years, reaffirming its recurring revenue model. - FY2023-Q3RestatedAnnual report
「Three-month period ended 30 September 2023」
The company disclosed revenue of ¥1,225,103 thousand recognized at a point in time and ¥1,370,776 thousand recognized over time, reaffirming its recurring revenue structure. - FY2023-Q1RestatedAnnual report
「Goods or services transferred at a point in time 234,140 Goods or services transferred over time 445,979」
Of sales of ¥680,120 thousand for the three-month period, ¥445,979 thousand was disclosed as goods or services transferred over time, reaffirming the recurring revenue structure. - FY2022AdvancedAnnual report
「Remaining performance obligations that are unsatisfied or partially unsatisfied totaled ¥4,957,059 thousand at the end of the fiscal year. Revenue from these remaining performance obligations is expected to be recognized over one to six years as the obligations are satisfied.」
The company discloses ¥4,957,059 thousand of remaining performance obligations to be recognized over the following 1 to 6 years, quantifying its accumulated recurring revenue. - FY2022-Q2RestatedAnnual report
「Goods or services transferred at a point in time 322,495 Goods or services transferred over time 819,181」
Of sales of ¥1,141,676 thousand for the cumulative second quarter, ¥819,181 thousand was disclosed as goods or services transferred over time. - FY2021First statedAnnual report
「Because our business generates revenue continuously over the contract term, we consider the number of properties receiving our services in the internet services business to be an important indicator and the source of stable future sales.」
B-CUBIC recurring revenue is generally recognized over the six-year contract term.