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Ridge-i (5572) · RiskMitigated

Weakness in AI consulting and development projects due to the limited number of new engagements

First written in FY2023-Q3. 8 of 10 entries say "Mitigated", first in FY2024-Q1. Latest entry: 2026-09-11.

10entries
4years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseMitigatedFY2024-Q1 – 2026-09-112023: 320232024: 320242025: 020252026: 42026
Same theme, other companies
Weakening project pipeline due to a shortage of newly launched AI consulting and development projectsA theme 1 companies write about · 1 as a headwind · 0 as a tailwind

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

Full recordFilings, disclosures and news, newest first
  1. FY2026-H1MitigatedAnnual report

    「In addition to continuing AI projects primarily for large-enterprise customers from the previous fiscal year, projects undertaken in collaboration with consulting firms progressed, resulting in higher revenue of ¥507.701 million from AI-enabled consulting and AI development,」

    In contrast to the previous weakness caused by a shortage of new and large projects, revenue from AI-enabled consulting and AI development increased as collaboration projects progressed and projects with existing customers expanded.
  2. 2026-03-12MitigatedEarnings presentation

    「Consulting and development services benefited from additional orders and larger generative AI projects. Additional orders from continuing customers such as Ebara Environmental Plant Co., Ltd., and the launch of SBI projects resulted in an increase of ¥81 million year on year.」

    Additional orders from existing customers, larger generative AI projects, and the launch of SBI projects eased the previous weakness caused by a shortage of projects.
  3. FY2024MitigatedAnnual report

    「Revenue from AI-enabled consulting and AI development was in line with the previous fiscal year at ¥643.049 million,」

    In contrast to the weakness caused by the shortage of large projects described for the previous fiscal year, revenue from AI-enabled consulting and AI development was in line with the previous fiscal year.
  4. FY2024-Q3MitigatedAnnual report

    「The projects include many large engagements and are progressing without problems,」

    In contrast to the shortage of new and large projects that had been an issue in the previous fiscal year, there are many large projects and they are progressing without problems.
  5. FY2024-Q2MitigatedAnnual report

    「The progress of delayed projects and projects undertaken in collaboration with consulting firms resulted in revenue of ¥308.030 million from AI-enabled consulting and AI development.」

    In response to the shortage of new and large projects that had been an issue in the previous fiscal year, delayed projects and collaboration projects progressed.
  6. FY2024-Q1MitigatedAnnual report

    「The launch of delayed projects and projects undertaken in collaboration with consulting firms resulted in revenue of ¥147.621 million from AI-enabled consulting and AI development.」

    In response to the shortage of new and large projects that had been an issue in the previous fiscal year, delayed projects and collaboration projects were launched.
  7. FY2023MaterialisedAnnual report

    「While large project engagements from the previous fiscal year had been completed, there were no projects of comparable scale during the fiscal year under review. As a result, revenue from AI-enabled consulting and AI development was ¥617.683 million, and total revenue was ¥790.384 million, down 18.4% year on year.」

    Weakness in AI-enabled consulting and AI development revenue due to a shortage of large projects was reflected in a year-on-year decline in full-year revenue.
  8. FY2023-Q3First statedAnnual report

    「Because there were few newly launched projects in the third quarter, revenue from AI-enabled consulting and AI development was ¥520.604 million,」

    The business conditions clearly indicate that few new projects were launched during the quarter.
Moved together

"Continued execution of AI projects for customers, primarily major corporations" moved the same way as this thread, in the same document, in 8 of its 10 moves.

855443★123456
  1. ★This thread
  2. 1Continued execution of AI projects for customers, primarily major corporations8×
  3. 2Improving Profitability by Increasing Highly Profitable Projects and Controlling Operating Expenses5×
  4. 3Winning Large-Scale Business Co-Creation Projects Through Partnerships with Consulting Firms5×
  5. 4Joint rollout of AI and data applications through a capital and business alliance with SBI Holdings4×
  6. 5Launch a satellite-related project from the fourth quarter4×
  7. 6Expanding AI licensing and large-scale maintenance and operations3×

★ 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 Ridge-i yet. It last moved in the Revision to earnings forecasts of 2026-09-11: "Mitigated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Weakness in AI consulting and development projects due to the limited number of new engagements | Ridge-i Inc. (5572) | Komori