On-Premises Contract Cancellations and Revenue Decline Following SaaS Migration
First written in FY2023-Q3. 9 of 9 entries say "Materialised", first in FY2023-Q3. Latest entry: FY2026-H1.
DreamArts moved to the "Worse" side of this theme in 2023.
The whole theme swung hardest in 2025: 4 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Materialised".
- FY2026-H1MaterialisedAnnual report
「During the six-month consolidated period, software maintenance cancellations progressed as planned in connection with migration to cloud environments and other factors, while revenue declined year on year because of the反動 from a large license order recorded in the previous period.」
Maintenance cancellations associated with cloud migration progressed as planned, and on-premises revenue was ¥209.962 million, down 30.3% year on year. - FY2025MaterialisedAnnual report
「Although some customers placed license orders, software maintenance cancellations progressed in connection with migration to cloud environments and other factors.」
Software maintenance cancellations associated with cloud migration continued, and on-premises revenue was ¥525.032 million, down 6.0% year on year. - FY2025-H1MaterialisedAnnual report
「While software maintenance cancellations progressed as customers migrated to cloud environments and for other reasons, a large order for additional licenses boosted results.」
Software maintenance cancellations associated with cloud migration continued to reduce on-premises revenue, while a large order for additional licenses boosted results. - FY2024-H1MaterialisedAnnual report
「Although the Group received orders for additional licenses from some customers as their employee numbers increased, orders fell short of the previous year’s level, while software maintenance cancellations progressed in connection with migration to SaaS and other factors.」
Software maintenance cancellations progressed as customers migrated to SaaS and other factors. On-premises revenue was ¥296.207 million, down 9.0% year on year, and segment profit was ¥126.646 million, down 20.0%. - FY2024-Q1MaterialisedAnnual report
「Although the Group received orders for additional licenses from some customers as their employee numbers increased, software maintenance cancellations progressed in connection with migration to SaaS and other factors.」
Software maintenance contract cancellations associated with SaaS migration progressed during the first quarter. - FY2023MaterialisedAnnual report
「Software maintenance cancellations progressed in connection with migration to SaaS and other factors.」
On-premises software maintenance cancellations progressed throughout the fiscal year as customers migrated to SaaS. On-premises revenue was ¥597.436 million, down 0.2% year on year. - FY2023-Q3MaterialisedAnnual report
「Maintenance contract cancellations progressed, including as a result of customers ending their contracts when migrating to SaaS environments.」
Customer contract terminations and maintenance cancellations associated with migration to SaaS are occurring and reducing on-premises revenue.