Komori
Excite Holdings (5571) · InitiativeAdvanced

Expanding Sales and Enhancing the Functions of KUROTEN and FanGrowth

First written in FY2023. 7 of 11 entries say "Advanced", first in FY2025-H1. Latest entry: 2026-10-20.

11entries
4years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2023 – FY2024AdvancedFY2025-H1 – 2026-10-202023: 220232024: 320242025: 120252026: 52026
Same theme, other companies
Commercialization and Expansion of SaaS and Product Businesses Based on DX ExpertiseA theme 7 companies write about · 0 as a headwind · 9 as a tailwind

The whole theme swung hardest in 2026: 1 of 6 companies on the "Worse" side.

2 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.
Full recordFilings, disclosures and news, newest first
  1. FY2026AdvancedAnnual report

    「The SaaS and DX businesses comprise SaaS businesses such as FanGrowth and Sharely and a DX business that develops and operates web systems. During the fiscal year, the SaaS business grew steadily, but DX revenue declined. As a result, revenue was ¥915,746 thousand, down 1.9% year on year, and operating income was a loss of ¥68,956 thousand.」

    Growth in the SaaS business, including FanGrowth and Sharely, was confirmed. Lower DX revenue caused the overall SaaS and DX business to decline, and it remained loss-making.
  2. FY2026-H1AdvancedAnnual report

    「The SaaS and DX businesses comprise SaaS services such as FanGrowth and Sharely and a DX business that develops and operates web systems. During the six months ended September 30, revenue was ¥453,070 thousand, up 0.5% year on year, and operating income was a loss of ¥44,159 thousand, compared with a loss of ¥53,541 thousand in the same period of the previous year, as SaaS services grew steadily despite a decline in DX-service revenue.」

    Revenue from SaaS services including FanGrowth and Sharely increased 0.5% year on year, and the operating loss narrowed.
  3. FY2025-H1AdvancedAnnual report

    「The SaaS and DX businesses comprise SaaS services such as FanGrowth and Sharely and a DX business that develops and operates web systems. During the six months ended September 30, revenue was ¥450,716 thousand, up 51.2% year on year, due to growth in the SssS business.」

    Revenue from the SaaS and DX businesses, including FanGrowth and Sharely, increased 51.2% year on year, demonstrating business expansion numerically.
  4. FY2024RestatedAnnual report

    「FanGrowth is a SaaS product that enables centralized management of all tasks related to webinar initiatives, and the service has been available since July 2022.」

    The Group continues to provide functions and expand products such as FanGrowth and KUROTEN.
  5. FY2024-Q3RestatedAnnual report

    「During the nine months ended December 31, revenue was ¥468,310 thousand, down 2.9% year on year, and operating income was a loss of ¥89,369 thousand, compared with a loss of ¥133,882 thousand in the same period of the previous year, due to upfront investments associated with launching SaaS businesses such as FanGrowth and KUROTEN.」

    Upfront investment related to launching SaaS businesses such as FanGrowth and KUROTEN continued. Revenue for the nine months was ¥468,310 thousand, with an operating loss of ¥89,369 thousand.
  6. FY2024-Q2RestatedAnnual report

    「During the six months ended September 30, revenue was ¥298,052 thousand and operating income was a loss of ¥64,826 thousand, due to upfront investments associated with launching SaaS businesses such as FanGrowth and KUROTEN.」

    Upfront investments related to launching FanGrowth, KUROTEN, and other services continued. Revenue for the six months was ¥298,052 thousand, with an operating loss of ¥64,826 thousand.
  7. FY2023First statedAnnual report

    「Because KUROTEN and FanGrowth in the SaaS business were launched from the fiscal year ended March 2022 onward, we plan to expand sales while improving their maturity through continuous functional enhancements. In the DX business, we will leverage the customer base of iXIT Co., Ltd., which became a subsidiary in August 2020, to increase the number and average value of orders, with the aim of making these businesses a new earnings pillar following the platform and broadband businesses.」

    The Group aims to make SaaS a new earnings pillar through functional enhancements and sales expansion, and DX through increased orders using iXIT’s customer base.
Moved together

"Developing the SaaS and DX business into a new core business" moved the same way as this thread, in the same document, in 5 of its 11 moves.

554322★123456
  1. ★This thread
  2. 1Developing the SaaS and DX business into a new core business5×
  3. 2Disciplined Customer-Acquisition Investment Based on LTV, ROAS, and ROI5×
  4. 3Fostering a D2C business by leveraging a female customer base4×
  5. 4Shareholder Returns through Share Buybacks and Cancellation3×
  6. 5Growth centered on the medical business under the mid-term management plan “EXCITE300”2×
  7. 6Strengthening the Business Portfolio Through M&A2×

★ 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 Excite Holdings yet. It last moved in the Other Disclosures of 2026-10-20: "Advanced".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.