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Makuake (4479) · InitiativeAdvanced

System investment in service functionality, operational efficiency and payment infrastructure

First written in FY2019. 18 of 23 entries say "Advanced", first in FY2020-Q1. Latest entry: 2026-07-28.

23entries
8years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2022 – 2026-07-282019: 12020: 320202021: 420212022: 420222023: 420232024: 320242025: 220252026: 22026
Same theme, other companies
Compound investment in in-house development, new services and business systemsA theme 22 companies write about · 0 as a headwind · 22 as a tailwind

The whole theme swung hardest in 2019: 1 of 9 companies on the "Worse" side.

12 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 22 companies compared. The sentences above are computed from all 22.
Full recordFilings, disclosures and news, newest first
  1. FY2025AdvancedAnnual report

    「During the fiscal year, the Company made capital investments of ¥135.888 million. The main component was ¥121.977 million in software and software under development related to the development of new features for the Makuake service.」

    In the fiscal year ended September 2025, the Company made capital investments of ¥135.888 million, of which ¥121.977 million was allocated to the development of new features for the Makuake service.
  2. FY2025-H1AdvancedAnnual report

    「Funds decreased by ¥113.515 million as a result of investing activities, compared with a decrease of ¥221.798 million in the same period of the previous year. This was mainly attributable to ¥103.661 million in expenditure on the acquisition of intangible fixed assets.」

    The Company spent ¥103.661 million on the acquisition of intangible fixed assets and continued investing in service features and systems infrastructure.
  3. FY2024AdvancedAnnual report

    「During the fiscal year, the Company made capital investments of ¥381.136 million. The main component was ¥378.842 million in software and software under development related to the development of new features for the Makuake service.」

    In the fiscal year ended September 2024, the Company made capital investments of ¥381.136 million, most of which was allocated to the development of new Makuake features. It also described continued investment in the service app, project management, communication, discovery functions, payments and security.
  4. FY2024-Q2AdvancedAnnual report

    「Funds decreased by ¥221.798 million as a result of investing activities, compared with a decrease of ¥295.341 million in the same period of the previous year. This was mainly attributable to ¥220.418 million in expenditure on the acquisition of intangible fixed assets.」

    The Company spent ¥220.418 million on the acquisition of intangible fixed assets and continued investing in service features and systems infrastructure. Intangible fixed assets at the quarter-end had increased by ¥160.902 million from the end of the previous fiscal year.
  5. FY2024-Q1AdvancedAnnual report

    「The company also focused on maximizing first-day backing amounts for all projects, as these have a significant impact on increasing total backing amounts.」

    The Company specified key operational measures to maximize the amount of backing purchases on the first day of every project. Intangible fixed assets also increased by ¥87.813 million in the first quarter, indicating continued investment in systems infrastructure, including function development.
  6. FY2023AdvancedAnnual report

    「During the fiscal year, the Company made capital investments of ¥574.744 million. The main component was ¥567.967 million in software and software under development related to the development of new features for the Makuake service.」

    In the fiscal year ended September 2023, the Company made capital investments of ¥574.744 million, most of which was allocated to the development of new Makuake features. It continued investing in the development of service features, payments, security and project management systems.
  7. FY2023-Q3AdvancedAnnual report

    「On the project creator side, the Company advanced operational improvements and function development based on creators' needs, while organizing feedback from supporters on project creators and providing the proposed improvements together as feedback, thereby seeking to improve satisfaction among both creators and supporters.」

    The Company advanced operational improvements and function development based on project creators' needs. At the quarter-end, intangible fixed assets had increased by ¥421.316 million, also indicating an increase in assets associated with function development and other activities.
  8. FY2023-Q2AdvancedAnnual report

    「This was attributable to ¥291.177 million in expenditure on the acquisition of intangible fixed assets.」

    During the cumulative second quarter, the Company spent ¥291.177 million on the acquisition of intangible fixed assets and continued investing in service features and operating infrastructure.
  9. FY2023-Q1AdvancedAnnual report

    「The Company improved operations and developed functions to reduce as much as possible the burden on project creators before their projects were listed. It also introduced new tools for communicating information on mechanisms that enable creators to acquire fan supporters through Makuake and grow their businesses based on the accumulated supporter base.」

    The Company advanced operational improvements and function development to reduce the burden on project creators when listing projects, and introduced new information tools to connect the accumulation of fan supporters with business growth.
  10. FY2022AdvancedAnnual report

    「During the fiscal year, the Company made capital investments of ¥533.554 million. The main components were ¥15.941 million related to the expansion of the head office office space, and ¥512.037 million in software and software under development related to the development of new features for the Makuake service.」

    In the fiscal year ended September 2022, the Company made capital investments of ¥533.554 million, of which ¥512.037 million was allocated to the development of new Makuake features. It also described a separate ¥1,000 million plan for services, internal management systems and other items, scheduled for completion in September 2023.
  11. FY2022-Q3RestatedAnnual report

    「The matching rate between project creators and supporters (conversion rate, or CVR) has increased slightly as a result of strengthened recruitment and training of curators and review personnel and the development of new features, and the Company aims to improve it further.」

    The Company states that continued development of new features contributed to the slight increase in CVR. No systems investment completion date or new investment amount was provided.
  12. FY2022-Q2AdvancedAnnual report

    「The matching rate between creators and supporters, which had been declining due to the increased workload of curators and the challenge of providing users with opportunities to discover new products and services as the number of projects increased, rose slightly as a result of stronger recruitment of curators and screening personnel, the transition of both divisions to a new organizational structure, and the development of new functions centered on the app.」

    The Company states that it advanced the development of new app-centered features, resulting in a slight increase in CVR.
  13. FY2022-Q1RestatedAnnual report

    「The Company continued developing new features centered on the app to improve the user experience.」

    The Company continues to develop new app-centered features to improve the user experience.
  14. FY2021AdvancedAnnual report

    「During the fiscal year, the Company made capital investments of ¥316.985 million. The main components were ¥6.349 million for the purchase of PCs and other items associated with the increase in personnel, and ¥308.306 million in software and software under development related to the development of new features for the Makuake service.」

    The Company invested in the development of new Makuake features, search functions, payment collection support and functions for new visitors. In addition to the plan scheduled for completion in September 2022, it also presented a ¥1,000 million plan scheduled for completion in September 2023.
  15. FY2021-Q3Recognition of challenges in developing the operations systemAnnual report

    「The Company recognized that it faced challenges in reviewing business processes and developing the operations system.」

    The Company states that it recognized operations-system development as an issue in response to the number of projects launched exceeding expectations.
  16. FY2021-Q2AdvancedAnnual report

    「The Company expanded initiatives including enhancements to the recommendation function on Makuake」

    The Company enhanced Makuake's recommendation function. Investment activities included ¥140.121 million in expenditure on the acquisition of intangible fixed assets, also indicating investment in the development of service features and other functions.
  17. FY2021-Q1AdvancedAnnual report

    「The development division also worked on building and improving the efficiency of the operations system and strengthening the access infrastructure.」

    The Company states that it worked to build and improve the efficiency of the operations system and strengthen the access infrastructure.
  18. FY2020AdvancedAnnual report

    「During the fiscal year, the Company made capital investments of ¥219.277 million. The main components were ¥6.736 million for the purchase of PCs and other items associated with the increase in personnel, and ¥212.540 million in software and software under development related to the development of new features for the Makuake service.」

    The Company invested in the development of new service features, payment methods and user communication functions, specifying the amount of capital investment.
  19. FY2020-Q2RestatedAnnual report

    「Progress was made in improving operational efficiency and project review efficiency through ongoing system development.」

    The Company has reaffirmed its efforts to improve operational efficiency through ongoing systems development. No new investment amount or completion date was provided.
  20. FY2020-Q1AdvancedAnnual report

    「Improving operational efficiency through ongoing systems development」

    The Company states that operational efficiency improved as a result of ongoing systems development.
  21. FY2019First statedAnnual report

    「Systems and software for services」

    Total planned investment was ¥1,030.374 million, with completion scheduled for September 2022. The plan included an Android app, international payments, dedicated project pages, communication tools, and project and review management systems.
Moved together

"Continuous Sourcing and Origination of High-Quality Projects" moved the same way as this thread, in the same document, in 11 of its 23 moves.

111110987★123456
  1. ★This thread
  2. 1Continuous Sourcing and Origination of High-Quality Projects11×
  3. 2Organizational and App Initiatives to Improve CVR and User Experience11×
  4. 3Expansion of total payment value10×
  5. 4Expansion of the Makuake reward-based crowdfunding platform9×
  6. 5Strengthening the Project Review Framework and Ensuring Quality8×
  7. 6Consulting support from curators for all projects7×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Makuake's next results are scheduled for 2026-10-27. Read the earnings preview It last moved in the Financial results presentation of 2026-07-28: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
System investment in service functionality, operational efficiency and payment infrastructure | Makuake,Inc. (4479) | Komori