Achieving Profitability Through Higher Recurring Revenue
First written in FY2022. 15 of 18 entries say "Advanced", first in FY2024-Q2. Latest entry: 2026-10-16.
The whole theme swung hardest in 2026: 1 of 12 companies on the "Worse" side.
6 other companies' latest entry also says "Advanced".
- FY2026-H1AdvancedAnnual report
「Revenue for the interim consolidated accounting period was ¥2,604.606 million, up 32.2% year on year. Operating profit was ¥538.705 million, up 2,176.1% year on year, ordinary profit was ¥530.231 million, up 1,383.4%, and interim profit attributable to owners of the parent was ¥660.847 million, up 831.7%.」
Profitability continued to improve after the return to profitability, with operating profit, ordinary profit and interim profit substantially exceeding the same period of the previous year during the interim consolidated accounting period. - FY2025AdvancedAnnual report
「Revenue for the consolidated fiscal year was ¥4,141.280 million, up 25.0% from the previous fiscal year. Operating profit was ¥256.142 million, up 384.7%, ordinary profit was ¥262.673 million, up 249.4%, and profit for the year attributable to owners of the parent was ¥440.642 million, up 345.4%.」
Even after achieving full-year profitability, operating profit, ordinary profit and profit for the year increased in the fiscal year ending November 2025, indicating continued improvement in profitability. - FY2025-H1AdvancedAnnual report
「Revenue for the interim consolidated accounting period was ¥1,970.898 million, up 22.0% year on year. Operating profit was ¥23.667 million, up 95.7% year on year, ordinary profit was ¥35.744 million, up 126.2%, and interim profit attributable to owners of the parent was ¥70.931 million, up 405.1%.」
Against the policy of achieving full-year profitability, operating profit, ordinary profit and interim profit attributable to owners of the parent were all positive during the interim consolidated accounting period, improving from the same period of the previous year. - FY2024AdvancedAnnual report
「Operating profit and operating cash flow were positive in the consolidated fiscal year.」
Under its policy of achieving profitability while making upfront investments, the company recorded operating profit of ¥52.844 million, ordinary profit of ¥75.183 million and profit for the year attributable to owners of the parent of ¥98.939 million, representing progress toward full-year profitability. - FY2024-Q2AdvancedAnnual report
「Revenue for the cumulative second quarter of the consolidated fiscal year was ¥1,616.109 million. This comprised note revenue of ¥1,322.133 million, note pro revenue of ¥248.521 million, revenue from services for businesses of ¥37.437 million, and other revenue of ¥8.017 million. Operating profit was ¥12.091 million, ordinary profit was ¥15.801 million, and profit for the quarter attributable to owners of the parent was ¥14.042 million.」
Although full-year profitability had not been achieved, operating profit, ordinary profit and profit for the quarter attributable to owners of the parent were all positive for the cumulative second quarter of the consolidated fiscal year. - FY2023Specifying figures and timingAnnual report
「From the fiscal year ending November 2025 onward, in addition to growth in the note and note pro businesses, the company aims to achieve revenue growth of 20–30% and an early return to full-year profitability through contributions from new businesses.」
The company has added a time frame and numerical targets, namely revenue growth of 20–30% and an early return to full-year profitability from the fiscal year ending November 2025 onward, to its previous description of achieving profitability through higher recurring revenue. - FY2022First statedAnnual report
「Although expenses may precede revenue for a certain period, the company aims to achieve profitability through sustained growth in recurring revenue as gross merchandise value on the platform increases.」
The company has set out a path to profitability based on upfront costs from growth investments and expansion in gross merchandise value and recurring revenue.