Combination of Flow-Based and Recurring Revenue
First written in FY2022. 4 of 8 entries say "Restated". Latest entry: FY2026.
16 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「The group's AI Solutions Business primarily generates flow-based, non-recurring revenue from quasi-mandate services, including joint research and development, support for identifying issues and formulating company-wide strategies during the initial implementation phase, PoC execution, and the development and system implementation of AI algorithms, as well as recurring, stock-based revenue from service usage fees, consortium membership fees and other sources.」
The company has reaffirmed its revenue structure, which combines flow-based revenue from initial implementation and other services with stock-based revenue from post-implementation usage fees, maintenance fees and other sources. - 2026-08-14ReframedPresentation on financial results
「Joint R&D・カスタムAI実装（フロー型収益）」
収益構成を、Joint R&D・カスタムAI実装、AIソリューションの横展開、AI-BPO型・事業型ビジネスの3層として整理し、フロー型・ストック型収益との対応を示した。 - FY2026-H1RestatedAnnual report
「Revenue from contracts with customers for the interim consolidated accounting period was ¥1,952.383 million in the AI Solutions business, ¥236.631 million in the Financial Advisory business and ¥8,993.473 million in the Marketing Support business.」
The revenue mix of the 3 businesses continues to be disclosed. Revenue increased in the AI Solutions and Financial Advisory businesses, while it decreased in the Marketing Support business. - FY2025-H1RestatedAnnual report
「Revenue from contracts with customers for the interim consolidated accounting period was ¥1,368.254 million in the AI Solutions business, ¥222.051 million in the Financial Advisory business and ¥10,348.581 million in the Marketing Support business.」
Revenue from the AI Solutions, Financial Advisory and Marketing Support businesses is disclosed by category, including recurring sales to customers. - FY2024-Q3RestatedAnnual report
「For the previous consolidated fiscal year, the Group presented disaggregated information by the solutions provided. However, because the increasing number of projects involving multiple solutions for particular customers made clear classification difficult, from the first quarter consolidated accounting period it changed the presentation to classification based on whether solutions are provided on an ongoing basis.」
The Company reiterates its policy of changing the presentation of disaggregated revenue from classification by solution to classification based on whether solutions are provided on an ongoing basis. - FY2024-Q1ReframedAnnual report
「For the previous consolidated fiscal year, the Group presented disaggregated information by the solutions provided. However, because the increasing number of projects involving multiple solutions for particular customers made clear classification difficult, from the first quarter consolidated accounting period it changed the presentation to classification based on whether solutions are provided on an ongoing basis.」
The presentation of disaggregated revenue was changed from classification by solution to classification based on whether solutions are provided on an ongoing basis. The increase in projects involving multiple solutions for particular customers was cited as the reason. - FY2023AdvancedAnnual report
「The total transaction price allocated to the remaining performance obligations at the end of the consolidated fiscal year was ¥291.013 million. The Company expects to recognize revenue from these remaining obligations as the performance obligations are satisfied between 2023 and 2026.」
In addition to its flow-based and stock-based revenue structure, the Company discloses remaining performance obligations of ¥291.013 million expected to be recognized as revenue between 2023 and 2026. - FY2022First statedAnnual report
「For joint research and development and initial implementation, the Company receives flow-based (non-recurring) revenue through quasi-mandate service engagements, including support in identifying issues and formulating company-wide strategies, proof-of-concept projects, AI algorithm development and system implementation. After implementation of AI solutions, it generates stock-based (recurring) revenue from operation and maintenance fees, service usage fees, license fees and consortium membership fees.」
The Company explicitly describes a business model combining non-recurring revenue from initial implementation and other services with recurring revenue from operation and maintenance, usage fees and licenses.