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SmartDrive (5137) · FactAdvanced

Increase in the recurring revenue ratio and reduction in losses

First written in FY2022. 10 of 12 entries say "Advanced", first in FY2023. Latest entry: 2026-08-13.

12entries
5years
5from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2022 – FY2023-Q3AdvancedFY2023 – 2026-08-132022: 12023: 220232024: 220242025: 220252026: 52026
Same theme, other companies
Higher recurring revenue ratio and earnings improvementA 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. FY2025AdvancedAnnual report

    「Revenue was ¥2,878.647 million, up 32.5% year on year; operating profit was ¥390.202 million, up 122.9%; ordinary profit was ¥352.704 million, up 105.5%; and net profit attributable to owners of the parent was ¥453.638 million, up 70.4%.」

    Revenue and profit increased from the previous fiscal year, with FY2025 recording operating profit of ¥390.202 million, ordinary profit of ¥352.704 million and net profit attributable to owners of the parent of ¥453.638 million.
  2. FY2025-H1AdvancedAnnual report

    「Revenue was ¥1,431.058 million, up 33.7% year on year; operating profit was ¥155.685 million, up 118.9%; ordinary profit was ¥146.579 million, up 109.8%; and interim net profit attributable to owners of the parent was ¥91.136 million, up 32.2%.」

    Operating profit, ordinary profit and interim net profit attributable to owners of the parent increased from ¥71.112 million, ¥69.878 million and ¥68.927 million, respectively, in the same period of the previous year to ¥155.685 million, ¥146.579 million and ¥91.136 million, respectively.
  3. FY2024-Q2AdvancedAnnual report

    「Revenue was ¥1,070.075 million, operating profit was ¥71.112 million, ordinary profit was ¥69.878 million, and quarterly net profit attributable to owners of the parent was ¥68.927 million.」

    The company moved from operating loss, ordinary loss and quarterly net loss attributable to owners of the parent in the same period of the previous year to recording a profit in the six-month period ended 30 September.
  4. FY2024-Q1AdvancedAnnual report

    「Revenue was ¥514.920 million, up 25.6% year on year. Operating loss was ¥8.938 million, compared with a loss of ¥29.834 million in the same quarter of the previous year; ordinary loss was ¥11.216 million, compared with a loss of ¥47.489 million; and quarterly net loss attributable to owners of the parent was ¥11.771 million, compared with a loss of ¥47.622 million.」

    Although there was no update to the recurring revenue ratio, revenue increased, while operating loss, ordinary loss and net loss attributable to owners of the parent all narrowed from the same period of the previous year.
  5. FY2023AdvancedAnnual report

    「Revenue was ¥1,709.054 million, up 36.2% year on year; operating loss was ¥9.740 million, compared with a loss of ¥319.236 million in the previous fiscal year; ordinary loss was ¥26.796 million, compared with a loss of ¥302.118 million; and net loss attributable to owners of the parent was ¥28.851 million, compared with a loss of ¥303.486 million.」

    Revenue increased 36.2%, while operating loss, ordinary loss and net loss attributable to owners of the parent narrowed significantly from the previous fiscal year.
  6. FY2023-Q3Performance improvementAnnual report

    「As a result, our group's operating results for the third quarter of the current consolidated cumulative period were revenue of ¥1,259.812 million, up 41.3% year on year; an operating loss of ¥31.719 million, compared with an operating loss of ¥247.244 million in the same period of the previous year; an ordinary loss of ¥48.908 million, compared with an ordinary loss of ¥227.764 million in the same period of the previous year; and a net loss attributable to owners of the parent of ¥49.259 million, compared with a net loss attributable to owners of the parent of ¥229.000 million in the same period of the previous year.」

    There was no update to the recurring revenue ratio, but revenue increased 41.3% year on year, while operating loss, ordinary loss and net loss attributable to owners of the parent all narrowed from the same period of the previous year.
  7. FY2022First statedAnnual report

    「At present, recurring revenue as a percentage of our group's total revenue increased from 21% on a monthly basis in September 2020 to 43% on a monthly basis in September 2022. As a result, ordinary loss improved significantly, from ¥755.836 million in the fiscal year ended September 2020 to ¥302.118 million in the fiscal year ended September 2022.」

    The company presents numerical trends in the recurring revenue ratio and ordinary loss.
Moved together

"Expansion of Revenue and the Number of Contracted Companies" moved the same way as this thread, in the same document, in 8 of its 12 moves.

876544★123456
  1. ★This thread
  2. 1Expansion of Revenue and the Number of Contracted Companies8×
  3. 2Sustainable Growth and Enhanced Corporate Value7×
  4. 3Continued losses and negative operating cash flow due to upfront investment6×
  5. 4Listing of shares and strengthening the financial and business foundations with the funds raised5×
  6. 5Business Expansion in Southeast Asia and Malaysia4×
  7. 6Cross-Selling and Full-Scale Implementation in the MM and ENT Markets4×

★ 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 SmartDrive yet. It last moved in the Earnings presentation of 2026-08-13: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Increase in the recurring revenue ratio and reduction in losses | SmartDrive inc. (5137) | Komori