Komori
Disclosure4492GENETEC CORPORATIONInformation and Communications, Services and Others

Notice Regarding Changes to the Sales Distribution Channel for “FlexSim”

Sales of “FlexSim” licenses to general customers have changed from a model in which we purchase and resell the licenses to one in which Autodesk provides the licenses directly to customers and we provide support as a sales agent. Sales to government agencies, local governments and other such entities, as well as ancillary services including implementation support, will continue as before.

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Decision and Details

Change in the sales and distribution model for “FlexSim”

Decision23 July 2026
Implementation23 July 2026 (already implemented; transitioned to a sales structure based on the new distribution model from the same date)
Going forwardReview the impact on the consolidated earnings forecast for the fiscal year ending March 2027 and disclose the results promptly once determined
Reason

Integration of the sales strategies of FlexSim and Autodesk following Autodesk’s acquisition of FlexSim, as part of Autodesk’s global sales strategy

Impact on Business Performance

Because the revenue recognition method for “FlexSim” license sales will change, reported revenue is expected to decrease compared with the previous transaction structure. We recognize that the impact of this change in the sales and distribution model on revenue will be relatively limited. The impact on the consolidated earnings forecast for the fiscal year ending March 2027 is currently under review, and will be disclosed promptly once determined.

Decision and Details
ItemDetails
Matter CoveredChange in the sales and distribution model for “FlexSim”
Decision Date23 July 2026
Implementation Date23 July 2026 (already implemented; transitioned to a sales structure based on the new distribution model from the same date)
Impact on Business PerformanceBecause the revenue recognition method for “FlexSim” license sales will change, reported revenue is expected to decrease compared with the previous transaction structure. We recognize that the impact of this change in the sales and distribution model on revenue will be relatively limited. The impact on the consolidated earnings forecast for the fiscal year ending March 2027 is currently under review, and will be disclosed promptly once determined.
ReasonIntegration of the sales strategies of FlexSim and Autodesk following Autodesk’s acquisition of FlexSim, as part of Autodesk’s global sales strategy
Related previous disclosures“Summary of Financial Results for the Fiscal Year Ended March 2026 <Outlook for the Fiscal Year Ending March 2027>,” announced on 15 May 2026
Future plansReview the impact on the consolidated earnings forecast for the fiscal year ending March 2027 and disclose the results promptly once determined
Items this document does not state (5)
Decision-Making BodyPeriod CoveredAmountQuantity / scaleGoverning Rule

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The reasons the company gives

The company's own explanation, not something inferred from the numbers.

This change is being implemented as part of the integration of sales strategies following Autodesk’s acquisition of FlexSim, in line with Autodesk’s global sales strategy.

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Notice Regarding Changes to the Sales Distribution Channel for “FlexSim” | GENETEC CORPORATION (4492) timely disclosure | Komori