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Cresco (4674) · InitiativeAdvanced

Transition from a contract development model to a service delivery model

First written in FY2016. 18 of 32 entries say "Advanced", first in FY2020-Q3. Latest entry: FY2026.

32entries
11years
1from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2016 – FY2020-Q2AdvancedFY2022-Q1 – FY20262016: 220162017: 220172018: 320182019: 420192020: 420202021: 420212022: 320222023: 420232024: 220242025: 220252026: 22026
Same theme, other companies
Productisation and expansion of software development and systems operations servicesA theme 12 companies write about · 0 as a headwind · 12 as a tailwind

The whole theme swung hardest in 2021: 1 of 6 companies on the "Worse" side.

5 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.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「Segment income (operating income) was ¥815 million (up 388.1% year on year). This was attributable to the same factors as the increase in revenue described above.」

    Segment profit in the service-based and digital-solutions businesses, which include product and license sales and implementation support in addition to contract development, increased 388.1% year on year.
  2. 2026-05-08AdvancedEarnings

    「Revenue from the digital solutions business was ¥9,312 million (up 99.1% year on year). This was mainly attributable to a substantial increase in sales of products and licenses and implementation support at the Company and certain consolidated subsidiaries, as well as the effects of acquiring companies with strengths in digital solutions, namely ㈱高木システム, ㈱エイプス, and ㈱アイエステクノポート.」

    Revenue from the digital solutions business increased 99.1% year on year, while segment income increased 388.1%, demonstrating the expansion of the service- and product-delivery business.
  3. FY2026-H1AdvancedAnnual report

    「Revenue from the digital-solutions business was ¥4,419 million, up 119.6% year on year. This was mainly due to the addition of ㈱高木システム, whose core business is implementing mission-critical systems, to the scope of consolidation, as well as a substantial increase in product and license sales and implementation support at the company and certain consolidated subsidiaries. Segment profit (operating profit) was ¥501 million, up 508.2% year on year.」

    Revenue and segment profit in the service-based and digital-solutions businesses increased substantially, driven by mission-critical systems, product and license sales, and implementation support.
  4. FY2025AdvancedAnnual report

    「In October, we also launched the Generative AI Environment Setup Service, which builds a GPT environment within a company's cloud environment and supports the simple and rapid implementation and use of generative AI.」

    In the service-based businesses outside contract development, the company launched a generative AI service that supports the setup of in-house GPT environments, expanding its service lineup.
  5. FY2024AdvancedAnnual report

    「Revenue from the Digital Solutions business was ¥3.847 billion, up 39.6% year on year. This was mainly attributable to increased sales of “Creage,” the Company’s core cloud service, and RPA licenses. Segment profit (operating profit) was ¥225 million, up 35.9% year on year.」

    Revenue and segment profit increased in the service-based and digital-solutions businesses, driven by higher sales of Creage and RPA licenses.
  6. FY2024-Q3AdvancedAnnual report

    「In the security field, the Company added “Penetration Testing” (identifying issues through simulated cyberattacks) and “IoT Security Assessment” to its “Security Vulnerability Assessment” service menu and is working to expand its lineup.」

    In its service-delivery business, the Company expanded its service lineup by adding penetration testing and IoT security assessments to its security vulnerability assessment services.
  7. FY2024-Q2AdvancedAnnual report

    「In July, the Company entered into a reseller agreement with ウィングアーク1st株式会社 and began providing a solution that enables paperless and automated accounting operations by integrating its electronic forms platform “invoiceAgent” with UiPath.」

    In its service-delivery business outside contract development, the Company began providing a solution that makes accounting operations paperless and automated by integrating invoiceAgent with UiPath.
  8. FY2024-Q1AdvancedAnnual report

    「Beginning in May 2023, the Company added penetration testing to its “Security Vulnerability Assessment” service menu and began providing a service that identifies issues through simulated cyberattacks. 株式会社クレスコ・デジタルテクノロジーズ also announced the provision of “CROSS for Mist,” a subscription-based Wi-Fi service, and an “Integrated BOM Management Solution” for manufacturers.」

    Expanded its service-delivery and solution lineup with security assessments including penetration testing, subscription-based Wi-Fi, and BOM management for manufacturers.
  9. FY2023AdvancedAnnual report

    「Revenue from the Digital Solutions business was ¥2.755 billion, up 30.7% year on year. This was mainly attributable to increased sales of “Creage,” the Company’s core cloud service, and RPA licenses.」

    In its service-delivery and digital solutions businesses, revenue increased 30.7% year on year due to higher sales of Creage and RPA licenses.
  10. FY2023-Q3AdvancedAnnual report

    「As measures against cyberattacks have become a priority for companies in recent years, the Company began selling “Managed Security Service for SIEM” in August 2022. The service detects and analyzes signs of cyberattacks and provides expert support based on that information, and has received considerable attention.」

    In its service-delivery business, the Company began selling a new service combining the detection and analysis of cyberattacks with expert support.
  11. FY2023-Q2AdvancedAnnual report

    「In August, the Company began selling “Managed Security Service for SIEM,” which detects and analyzes signs of cyberattacks and provides expert support based on that information.」

    In its service-delivery business, the Company began selling a new service that detects and analyzes cyberattacks and provides expert support. Revenue from the Digital Solutions business also increased 28.2% year on year due to higher sales of Creage and RPA licenses.
  12. FY2023-Q1AdvancedAnnual report

    「Revenue from the Digital Solutions business was ¥518 million, up 34.1% year on year. This was mainly attributable to increased sales of “Creage,” the Company’s core cloud service, and RPA licenses. Segment profit (operating profit) was ¥11 million, up 696.4% year on year.」

    In its service-delivery and digital solutions businesses, revenue and segment profit increased due to higher sales of Creage and RPA licenses.
  13. FY2022-Q3AdvancedAnnual report

    「Revenue from the Digital Solutions business was ¥1.434 billion, up 51.7% year on year. This was mainly attributable to increased sales of “Creage,” the Company’s core cloud service, and RPA licenses, as well as the acquisition of large-scale solution projects by certain consolidated subsidiaries.」

    In its service-delivery and high-value-added business, revenue from the Digital Solutions business increased 51.7% year on year due to higher sales of Creage and RPA licenses and the acquisition of large-scale solution projects.
  14. FY2022-Q2AdvancedAnnual report

    「July 2021: Announced the application of the cloud managed service “Creage” to Microsoft Azure®. Revenue from the Digital Solutions business was ¥793 million, up 55.8% year on year.」

    As a concrete step toward a service-delivery and high-value-added business, the Company describes the application of Creage to Azure and increased revenue from the Digital Solutions business.
  15. FY2022-Q1AdvancedAnnual report

    「Revenue from the Digital Solutions business was ¥386 million, up 77.4% year on year. This was mainly attributable to higher revenue from cloud-related and robotics-related solutions.」

    The Digital Solutions business is operated as a separate reporting segment, with increased revenue from cloud- and robotics-related solutions.
  16. FY2021Reorganized from a contract-development-centered model to an IT services and digital solutions-centered modelAnnual report

    「To respond appropriately to an increasingly challenging business environment, the Group will optimize its business portfolio by pursuing technological innovation and restructuring its organizational structure in its traditional contract development business, while actively exploring markets involving new business areas, including new technologies and customers. At the same time, it will expand businesses that provide high-value-added digital solutions by bringing together the Group’s extensive experience and technical capabilities.」

    The Company is reorganizing its business model around optimizing its business portfolio and expanding high-value-added digital solutions while maintaining its traditional contract development business.
  17. FY2021-Q3RestatedAnnual report

    「To respond appropriately to an increasingly challenging business environment, the Group will optimize its business portfolio by pursuing technological innovation and restructuring its organizational structure in its traditional contract development business, while actively exploring markets involving new business areas, including new technologies and customers. At the same time, it will expand businesses that provide high-value-added services and products by bringing together the Group’s extensive experience and technical capabilities.」

    The Company continues to shift its business model by strengthening the foundation of contract development and expanding new markets and high-value-added services.
  18. FY2021-Q2AdvancedAnnual report

    「August 2020: The subsidiary 株式会社クリエイティブジャパン announced the “CLIP Novel Coronavirus Infection Prevention Support System.”」

    In its service-delivery business, new product and service development advanced with the announcement of a novel coronavirus infection prevention support system.
  19. FY2021-Q1AdvancedAnnual report

    「May 2020: • Began providing the log analysis and visualization service “Creage SIEM+” June 2020: • Began providing the online “Service Design Support Workshop,” an experiential workshop for developing concepts and generating ideas for new businesses」

    Began providing a log analysis and visualization service and an online service design support workshop, giving concrete form to its service-delivery business expansion.
  20. FY2020RestatedAnnual report

    「The Group will continue to strengthen its project management capabilities and improve the profitability of its traditional contract development model, while actively exploring markets that could become new sources of revenue and formulating a new business portfolio.」

    The Company continues to improve the profitability of contract development and expand new revenue areas, its business portfolio and its services business.
  21. FY2020-Q3AdvancedAnnual report

    「• Began providing the “Security Vulnerability Assessment Service” • Began providing “Creage Account Plus”」

    Regarding the expansion of its services business, the Company describes specific service developments, including the launch of a security assessment service and Creage Account Plus.
  22. FY2020-Q2RestatedAnnual report

    「The Group will continue to strengthen its project management capabilities and improve the profitability of its traditional contract development model, while actively exploring markets that could become new sources of revenue and formulating a new business portfolio. It will also expand its services business, which provides optimal solution proposals by bringing together the Group’s extensive experience and technical capabilities.」

    The Company continues to improve the profitability of its contract development model, develop new revenue areas, formulate its business portfolio, and expand its services business.
  23. FY2020-Q1RestatedAnnual report

    「The Group will continue to strengthen its project management capabilities and improve the profitability of its traditional contract development model, while actively exploring markets that could become new sources of revenue and formulating a new business portfolio. It will also expand its services business, which provides optimal solution proposals by bringing together the Group’s extensive experience and technical capabilities.」

    The Company continues to improve the profitability of contract development, develop new revenue areas, formulate its business portfolio, and expand its services business.
  24. FY2019RestatedAnnual report

    「The Group will continue to strengthen its project management capabilities and improve the profitability of its traditional contract development model, while actively exploring markets that could become new sources of revenue and formulating a new business portfolio. It will also expand its services business, which provides optimal solution proposals by bringing together the Group’s extensive experience and technical capabilities.」

    The Company continues to improve the profitability of its contract development model, develop new revenue areas, formulate its business portfolio, and expand its services business.
  25. FY2019-Q3RestatedAnnual report

    「The Group will continue to strengthen its project management capabilities and improve the profitability of its traditional contract development model, while actively exploring markets that could become new sources of revenue and formulating a new business portfolio. It will also expand its services business, which provides optimal solution proposals by bringing together the Group’s extensive experience and technical capabilities.」

    The Company continues to improve the profitability of its contract development model, develop new revenue areas, formulate its business portfolio, and expand its services business.
  26. FY2019-Q2RestatedAnnual report

    「The Group will continue to strengthen its project management capabilities and improve the profitability of its traditional contract development model, while actively exploring markets that could become new sources of revenue and formulating a new business portfolio. It will also expand its services business, which provides optimal solution proposals by bringing together the Group’s extensive experience and technical capabilities.」

    The Company continues to improve the profitability of its contract development model, develop new revenue areas, formulate its business portfolio, and expand its services business.
  27. FY2018RestatedAnnual report

    「The Company will improve the profitability of its traditional contract development model while actively exploring markets that could become new sources of revenue and formulating a new business portfolio. It will also expand its services business, which provides optimal solution proposals by bringing together the Group’s extensive experience and technical capabilities.」

    The Company continues to improve the profitability of contract development and expand new revenue areas and its services business.
  28. FY2018-Q3RestatedAnnual report

    「The Group will continue to strengthen its project management capabilities and improve the profitability of its traditional contract development model, while actively exploring markets that could become new sources of revenue and formulating a new business portfolio. It will also expand its services business, which provides optimal solution proposals by bringing together the Group’s extensive experience and technical capabilities.」

    The Company continues to pursue improved profitability in its traditional contract development model, development of new revenue areas, and expansion of its services business.
  29. FY2018-Q1RestatedAnnual report

    「The Group will continue to strengthen its project management capabilities and improve the profitability of its traditional contract development model, while actively exploring markets that could become new sources of revenue and formulating a new business portfolio. It will also expand its services business, which provides optimal solution proposals by bringing together the Group’s extensive experience and technical capabilities.」

    The Company continues to improve the profitability of its contract development model and expand new revenue areas and its services business.
  30. FY2017-Q3RestatedAnnual report

    「As the trend in IT investment shifts from contract development (building) to service delivery (using), customer needs are becoming more diverse, and the expected benefits are shifting from the operational level to the management level.」

    The Company continues to improve the profitability of its contract development model and expand new revenue areas through services and solutions.
  31. FY2017-Q1RestatedAnnual report

    「As the trend in IT investment shifts from contract development (building) to service delivery (using), customer needs are becoming more diverse, and the expected benefits are shifting from the operational level to the management level.」

    The Company continues to improve the profitability of its contract development model and expand new revenue areas through its services business and solution proposals.
  32. FY2016First statedAnnual report

    「As the trend in IT investment shifts from contract development (building) to service delivery (using), customer needs are becoming more diverse, and the expected benefits are shifting from the operational level to the management level.」

    The Company is indicating a direction of expanding its revenue base through the promotion of the services business, expansion of solutions and services, and use of off-the-shelf products and intellectual property.
Moved together

"Research and Expansion of Advanced Technologies, Including AI, Robotics and IoT" moved the same way as this thread, in the same document, in 15 of its 32 moves.

151514111010★123456
  1. ★This thread
  2. 1Research and Expansion of Advanced Technologies, Including AI, Robotics and IoT15×
  3. 2Expansion of the Cloud Business and Business Reorganization15×
  4. 3Expanding the Business Portfolio through Group Synergies, M&A, and Alliances14×
  5. 4Investment in Market-In Businesses11×
  6. 5Strengthening Sales Capabilities, Proposal Capabilities and Marketing Activities10×
  7. 6Continued Revenue and Profit Growth and Improved Profitability10×

★ 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
Cresco's next results are scheduled for 2026-11-05. Read the earnings preview It last moved in the Earnings of 2026-05-08: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Transition from a contract development model to a service delivery model | CRESCO LTD. (4674) | Komori