Increase in the Recurring Revenue Ratio
First written in FY2023. 10 of 13 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2026.
15 other companies' latest entry also says "Advanced".
- FY2026AdvancedAnnual report
「In addition, the stock-based revenue ratio was 27.1%, up 1.6 percentage points year on year.」
Recurring revenue accounted for 27.1%, up 1.6 percentage points from the previous fiscal year. Recurring revenue was ¥639 million, up 25.2% year on year. - FY2026-H1Recurring revenue increased, but its share declined year on yearAnnual report
「We define revenue from AI engine and system development as project-based revenue and revenue from operations and support as recurring revenue. During the interim accounting period, total revenue in power was ¥682 million, up 42.1% year on year, comprising ¥574 million in project-based revenue, up 44.0%, and ¥108 million in recurring revenue, up 32.9%; total revenue in manufacturing and transportation was ¥207 million, down 32.1%, comprising ¥57 million in project-based revenue, down 67.2%, and ¥150 million in recurring revenue, up 14.2%; total revenue in urban and transportation was ¥305 million, up 219.8%, comprising ¥214 million in project-based revenue, up 248.2%, and ¥91 million in recurring revenue, up 168.3%; total revenue in energy management was ¥80 million, compared with none in the same period of the previous year; and total revenue from other activities not classified in the four social infrastructure fields was ¥40 million, up 323.7%.」
Recurring revenue increased from approximately ¥246 million in the same period of the previous year to approximately ¥350 million, while the recurring revenue ratio calculated from the disclosed figures declined from approximately 27.7% to approximately 26.6%. - FY2025AdvancedAnnual report
「The recurring revenue ratio was 24.7%, an increase of 0.5 percentage points from the previous fiscal year.」
The recurring revenue ratio was 24.7%, up 0.5 percentage points from the previous fiscal year. - FY2025-H1Recurring revenue increased, but its share declined year on yearAnnual report
「We define revenue from AI engine and system development as project-based revenue and revenue from operations and support as recurring revenue. During the interim accounting period, total revenue in power and energy was ¥480 million, up 82.6% year on year, comprising ¥398 million in project-based revenue, up 91.8%, and ¥81 million in recurring revenue, up 47.9%; total revenue in logistics and supply chains was ¥305 million, up 8.9%, comprising ¥173 million in project-based revenue, up 0.2%, and ¥131 million in recurring revenue, up 23.0%; total revenue in urban transportation and smart cities was ¥95 million, up 13.4%, comprising ¥61 million in project-based revenue, down 4.0%, and ¥33 million in recurring revenue, up 69.0%; and total revenue from other activities not classified in the three social infrastructure fields was ¥9 million, down 13.9%.」
Recurring revenue increased from ¥182 million in the same period of the previous year to ¥246 million, while the recurring revenue ratio calculated from the disclosed figures declined from approximately 28.5% in the same period of the previous year to approximately 27.7% during the interim accounting period. - FY2024AdvancedAnnual report
「The recurring revenue ratio was 24.2%, an increase of 5.9 percentage points from the previous fiscal year.」
The recurring revenue ratio was 24.2% in the fiscal year ended June 2024, up 5.9 percentage points from the previous fiscal year. - FY2024-Q3AdvancedAnnual report
「During the cumulative third quarter, total revenue in power and energy was ¥451 million, up 59.4% year on year, comprising ¥369 million in project-based revenue, up 86.3%, and ¥82 million in recurring revenue, down 3.0%; total revenue in logistics and supply chains was ¥444 million, down 13.4%, comprising ¥273 million in project-based revenue, down 36.0%, and ¥170 million in recurring revenue, up 100.1%; total revenue in urban transportation and smart cities was ¥135 million, down 26.0%, comprising ¥104 million in project-based revenue, down 40.8%, and ¥30 million in recurring revenue, up 364.1%; and total revenue from other activities not classified in the three social infrastructure fields was ¥19 million, down 52.4%.」
Several operations and support projects began in logistics and supply chains, bringing recurring revenue to ¥284.505 million and total revenue to ¥1,050.340 million. The recurring revenue ratio was approximately 27.1%, up from approximately 17.4% in the same period of the previous year. - FY2024-Q2AdvancedAnnual report
「We define revenue from AI engine and platform development as project-based revenue and revenue from operations and support as recurring revenue. During the cumulative second quarter, total revenue in power and energy was ¥263 million, comprising ¥207 million in project-based revenue and ¥55 million in recurring revenue; total revenue in logistics and supply chains was ¥280 million, comprising ¥173 million in project-based revenue and ¥106 million in recurring revenue; total revenue in urban transportation and smart cities was ¥84 million, comprising ¥64 million in project-based revenue and ¥20 million in recurring revenue; and total revenue from other activities not classified in the three social infrastructure fields was ¥11 million.」
The revenue recognition table for the cumulative second quarter shows recurring revenue of ¥182.029 million and total revenue of ¥638.478 million, resulting in a recurring revenue ratio of approximately 28.5%. The figures confirm the expansion of operations and support projects and the increase in the recurring revenue ratio. - FY2024-Q1AdvancedAnnual report
「New operations and support projects began in the logistics and supply chain field, increasing the relative contribution of recurring revenue during the period and raising its share.」
The company states that new operations and support projects began and that the share of recurring revenue increased. - FY2023First statedAnnual report
「We believe it is necessary to secure stable growth and earnings by acquiring new customers and pursuing upselling and cross-selling to existing customers to expand project-based revenue from AI and platform development, thereby increasing subsequent recurring revenue from operations and support.」
The company presents a revenue model in which recurring revenue from operations and support is expanded from project-based revenue.