Komori
Intelligent Wave (4847) · InitiativeAdvanced

Transition of the security business from product sales to service provision

First written in FY2022. 5 of 7 entries say "Advanced", first in FY2024-Q2. Latest entry: 2026-08-07.

7entries
5years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2022 – FY2023AdvancedFY2024-Q2 – 2026-08-072022: 120222023: 120232024: 120242025: 120252026: 32026
Same theme, other companies
Business Shift from Security Product Sales to Service ProvisionA theme 1 companies write about · 0 as a headwind · 1 as a tailwind

No other company in this theme has enough history to compare yet.

Full recordFilings, disclosures and news, newest first
  1. FY2026-H1AdvancedAnnual report

    「In the security field, the Company is also reviewing the market positioning of its proprietary products, expanding its product lineup in line with market needs and reviewing its methods of service provision.」

    Regarding the restructuring of the security business, the Company specified the practical measures of reviewing the market positioning of its proprietary products, its product lineup and its methods of service provision.
  2. FY2025-H1AdvancedAnnual report

    「In the security field, the Company will strengthen sales centered on its highly profitable proprietary products and, through co-creation with other companies, develop the field into its second core business after payments by providing a new security ecosystem covering everything from implementation to operation.」

    Regarding the shift from product sales to service provision, the Company specified the practical measures to be implemented: highly profitable proprietary products, co-creation with other companies and an ecosystem covering implementation through operation.
  3. FY2024-Q2AdvancedAnnual report

    「To strengthen and expand its business base, the Company is using its systems development business related to payment operations, an area of strength, as the foundation for expanding its recurring-revenue business through the growth of cloud services, expanding its payments business through the use of payment data and support for customers’ IT strategies, restructuring its security business, and expanding its business domains by providing IT infrastructure that contributes to DX in industries outside payments and finance. Security revenue increased through a narrower product range and stronger sales of products such as hardware security modules (HSMs) and identity management solutions.」

    In connection with the policy of shifting the security business from product sales to service provision, the Company specified a narrower product range and stronger sales of HSMs and identity management solutions. Security revenue increased, indicating that the restructuring measures are contributing to performance.
  4. FY2023RestatedAnnual report

    「⑤ Transitioning the security business model from product sales to the provision of security services」

    The Company reaffirmed its policy of shifting the security business from a product-sales focus to service provision as a measure under its medium-term growth strategy.
  5. FY2022First statedAnnual report

    「⑤ Transitioning the security business model from product sales to the provision of security services」

    In its medium-term business plan covering the fiscal years ending June 2023 through June 2025, the Company explicitly stated for the first time that it would shift the security business model from its previous focus on product sales to the provision of security services.
Moved together

"Cloud Services Business Growth and Medium-Term Revenue of ¥1.4 Billion" moved the same way as this thread, in the same document, in 5 of its 7 moves.

554444★123456
  1. ★This thread
  2. 1Cloud Services Business Growth and Medium-Term Revenue of ¥1.4 Billion5×
  3. 2Developing Recurring, Subscription-Based Revenue5×
  4. 3Expansion of Customer Operations and Business Domains4×
  5. 4Research and development of new technologies, products and services4×
  6. 5Stable Shareholder Returns4×
  7. 6Cloud-Enabling the FEP System and Supporting Customers’ IT Strategies4×

★ 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
Intelligent Wave's next results are scheduled for 2026-11-04. Read the earnings preview It last moved in the Financial Results Presentation of 2026-08-07: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.