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Mercury (5025) · TargetAdvanced

Growth in ARR and Average Revenue per Customer

First written in FY2022. 10 of 12 entries say "Advanced", first in FY2023. Latest entry: 2026-10-15.

12entries
5years
6from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2022AdvancedFY2023RestatedFY2025-Q1AdvancedFY2025 – 2026-10-152022: 120222023: 120232024: 120242025: 120252026: 82026
Same theme, other companies
Subscription/Recurring Revenue Base and KPI ManagementA theme 113 companies write about · 2 as a headwind · 152 as a tailwind

65 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 113 companies compared. The sentences above are computed from all 113.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1AdvancedAnnual report

    「In our core platform business, which offers a SaaS-based Apartment Summary service for new condominium developers, MRR grew steadily, helped in part by the transition to the new pricing structure implemented in April 2026. Contracts continued to expand in the second quarter, and MRR remains at a high level.」

    Following the transition to the new pricing structure in April 2026, MRR expanded and remained at a high level in the second quarter. Although no ARR figure itself was provided, specific progress in the growth of recurring-revenue metrics has been disclosed.
  2. 2026-07-15AdvancedInvestor presentation

    「平均顧客単価は新料金体系への移行が寄与し、YoY+9.6%と大幅に上昇。」

    新料金体系への移行が平均顧客単価の上昇に結び付いた実績を示している。
  3. FY2026AdvancedAnnual report

    「The average number of customers for Summary Net and Rianavi declined from 286 to 282, but average revenue per customer rose and ARR increased steadily as the Company pursued upselling, including additional licenses. Churn increased to 0.6% but remained low.」

    Average revenue per customer increased from ¥247,000 to ¥252,000 and ARR from ¥833.682 million to ¥836.522 million. The average number of customers declined, while churn rose from 0.2% to 0.6%.
  4. FY2025AdvancedAnnual report

    「The average number of customers for Summary Net and Rianavi increased from 281 to 286, while average revenue per customer rose and ARR increased steadily as the Company pursued upselling, including additional licenses. Churn remained low at 0.2%.」

    The average number of customers rose from 281 to 286, average revenue per customer from ¥241,000 to ¥247,000, and ARR from ¥800.636 million to ¥833.682 million. Churn fell from 0.5% to 0.2%.
  5. FY2025-Q1RestatedAnnual report

    「The Company will continue account-based sales to further analyze customer needs and promote higher revenue per customer through additional licenses for existing services.」

    The Company reiterates its policy of using account-based sales, customer-needs analysis and additional licenses for existing services to increase revenue per customer.
  6. FY2023AdvancedAnnual report

    「Although the average number of customers for Summary Net and Rianavi was flat, average revenue per customer rose as the Company pursued upselling, including additional licenses for SaaS services, and ARR increased steadily.」

    Average revenue per customer increased from ¥203,000 to ¥233,000 and ARR from ¥670.814 million to ¥755.925 million, while churn fell from 0.7% to 0.6%.
  7. FY2022First statedAnnual report

    「Accordingly, the Company has established ARR as a management KPI and also includes average revenue per customer, average number of customers and churn as KPIs comprising ARR. To increase average revenue per customer, it will add services that improve customer convenience and promote the migration of Rental Summary, Sales Summary, Statistical Summary and other services not yet migrated to SaaS.」

    ARR, average revenue per customer, average number of customers and churn are the key indicators. The Company seeks to raise average revenue per customer through additional functionality and SaaS migration. ARR for the fiscal year ended February 2022 was ¥670.814 million and churn was 0.7%.
Moved together

"Advertising operations leveraging real estate data and expertise" moved the same way as this thread, in the same document, in 9 of its 12 moves.

998644★123456
  1. ★This thread
  2. 1Advertising operations leveraging real estate data and expertise9×
  3. 2Strengthening a Stable Earnings Base9×
  4. 3Revenue growth in the new-build and pre-owned condominium segment8×
  5. 4Profit boosted by lower depreciation expense6×
  6. 5Adding Content and Developing an Operational-Efficiency Platform4×
  7. 6Expansion of the Customer Base for the Data Download Service4×

★ 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
No upcoming earnings preview for Mercury yet. It last moved in the Investor presentation of 2026-10-15: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Growth in ARR and Average Revenue per Customer | MERCURY Inc. (5025) | Komori