Maintain or achieve a gross profit margin of at least 60%
First written in FY2024-Q3. 2 of 4 entries say "Softened", first in FY2025. Latest entry: FY2026-H1.
Ridge-i moved to the "Worse" side of this theme in 2025, 6 years after the typical company in this theme (2019).
The whole theme swung hardest in 2020: 4 of 7 companies on the "Worse" side.
0 other companies' latest entry also says "Softened".
- FY2026-H1SoftenedAnnual report
「Gross profit was ¥671.439 million, down 7.2% from the previous fiscal year.」
The previous target gross margin of at least 60% was not reiterated in this filing. Based on the disclosed figures, the gross margin was approximately 58.4%, below the level previously stated. - FY2025SoftenedAnnual report
「Operating profit in the Custom AI Solutions business was ¥161.725 million, or 105.9% of the previous fiscal year. Although profit increased due to higher revenue, the outsourcing cost ratio rose and the gross margin declined because the number of employees remained flat.」
The previously stated target gross margin of at least 60% was not reiterated in this filing. The company explained that the gross margin in the Custom AI Solutions business declined due to the higher outsourcing cost ratio. - FY2024AchievedAnnual report
「Gross profit was ¥737.367 million, up 43.0% year on year.」
Based on disclosed revenue of ¥1,071.954 million and gross profit of ¥737.367 million, the gross margin was approximately 68.8%, exceeding the previously stated target of at least 60%. - FY2024-Q3First statedAnnual report
「The gross margin for the cumulative third quarter was 69.4%, substantially exceeding the target of at least 60%.」
A target gross margin of at least 60% was explicitly stated for the first time in this filing, and the actual gross margin for the cumulative third quarter was 69.4%.