Strengthening the Recurring Revenue Base and Engineer Efficiency Through Cloud Service Expansion
First written in FY2021. 3 of 8 entries say "Advanced", first in FY2022-Q2. Latest entry: FY2026.
Ricksoft moved to the "Worse" side of this theme in 2026.
The whole theme swung hardest in 2021: 1 of 12 companies on the "Worse" side.
0 other companies' latest entry also says "Reframed".
- FY2026ReframedAnnual report
「From the current consolidated fiscal year, and to achieve its growth vision, Reignite2030, the company has reorganized its business segments. The license sales component of the former "License & SI Services" segment has been separated as "Technology Solutions," while its support services and systems integration services, together with "Managed Services," have been consolidated into "Professional Services." "In-house Software Development" has been changed to "In-house Products."」
The presentation of the cloud and services business has been changed, including by consolidating managed services, previously presented separately, into professional services. - FY2025Continued decline in managed service revenueAnnual report
「Managed services 168,769 64.0」
Managed service revenue for the fiscal year ended February 2025 was ¥168.769 million, or 64.0% of the prior-year level, down from ¥263.623 million in the previous fiscal year. The company has nevertheless described an expansion of the RickCloud offering. - FY2025-H1AdvancedAnnual report
「• Expansion of the cloud managed service "RickCloud" offering (July 2024)」
The RickCloud offering was expanded in July 2024, specifically strengthening the platform for providing managed services. - FY2024Decline in managed service revenueAnnual report
「Managed services 263,623 87.1」
Managed service revenue for the fiscal year ended February 2024 was ¥263.623 million, or 87.1% of the prior-year level, representing a decline despite the policy of expanding the service. - FY2023ReframedAnnual report
「From the current consolidated fiscal year, the service name has been changed from "cloud services" to "managed services." The change is in name only and has no impact on the service's substance.」
Cloud services were renamed managed services. The company also disclosed managed service net sales of ¥302.495 million for the current fiscal year, stating that the change had no impact on the service's substance. - FY2022AdvancedAnnual report
「Cloud services 309,110 104.4」
Cloud service net sales for the fiscal year ended February 2022 were ¥309.110 million, equivalent to 104.4% of the prior-year level. The figures show the expansion of the cloud business supporting the recurring-revenue base and engineer productivity. - FY2022-Q2AdvancedAnnual report
「The company began providing a service that integrates NTT Communications Corporation's next-generation interconnect service “Flexible InterConnect” with Ricksoft's fully managed service “RickCloud,” enabling customers to use tools provided by Ricksoft, centered on Atlassian products, in a secure environment (July 2021).」
The company has moved to a specific service rollout that links RickCloud with a next-generation interconnect service to provide a secure cloud environment. - FY2021First statedAnnual report
「Cloud service net sales have continued to grow steadily, from ¥177.166 million in the fiscal year ended February 2019 to ¥251.596 million in the fiscal year ended February 2020 and ¥296.017 million in the fiscal year ended February 2021. The expansion of cloud services not only strengthens the recurring-revenue base, but also enables engineers to reduce the time required for environment setup and other work on individual systems integration projects, as customer adoption of the Group's cloud services expands and customer-specific responses are no longer required. This is expected to increase the number of projects that engineers can handle.」
For the first time, the company systematically describes cloud service revenue growth as a measure to strengthen recurring revenue and improve engineers' project-handling efficiency.