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TRaaS On Product (6696) · InitiativeReframed

Concentration of Management Resources on the Domestic Platform Business and Reorganization of Unprofitable Businesses

First written in FY2021. 1 of 5 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2023.

5entries
3years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2022-Q2 – FY20222021: 320212022: 120222023: 12023
Same theme, other companies

TRaaS On Product moved to the "Worse" side of this theme in 2023, 3 years before the typical company in this theme (2026).

5 other companies' latest entry also says "Reframed".

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.
Showing 14 of the 102 companies compared. The sentences above are computed from all 102.
Full recordFilings, disclosures and news, newest first
  1. FY2023ReframedAnnual report

    「During the fiscal year, in the TRaaS business, we concentrated management resources on SaaS services built on manufacturing for the B2B market, as set out in our growth policy, and pursued the accumulation of future monthly subscription revenue.」

    The description of the priority areas changed from concentrating on the conventional domestic platform business to concentrating on the TRaaS business and B2B SaaS services.
  2. FY2022Full-year impact of the concentration measures becomes apparentAnnual report

    「The made-to-order Product business involves producing and selling internally developed IoT products based on customer orders. In the fiscal year, revenue fell significantly from the previous fiscal year due to the impact of concentrating resources on the PPP business. As a result, revenue from the made-to-order Product business was ¥139.261 million, down 64.2% year on year.」

    Continued concentration of resources on the PPP business resulted in a 64.2% decline in full-year revenue from the made-to-order Product business.
  3. FY2022-Q2RestatedAnnual report

    「We will concentrate resources on the Platform, Planning & Product business and accelerate activities aimed at increasing revenue in the second half of the fiscal year, while」

    We continue to concentrate resources on the Platform, Planning & Product business and accelerate activities aimed at increasing revenue in the second half of the fiscal year.
  4. FY2022-Q1AdvancedAnnual report

    「Against this backdrop, we concentrated resources on the Platform, Planning & Product business and accelerated activities aimed at increasing revenue in the second half of the fiscal year.」

    We are concentrating management resources on the domestic platform business and accelerating activities aimed at increasing revenue in the second half of the fiscal year.
  5. FY2021First statedAnnual report

    「We determined that, to ensure that the group becomes profitable in the fiscal year ending January 2021, it was urgent to concentrate management resources on developing the platform business in Japan and actively proceed with the restructuring of unprofitable businesses」

    The concentration of resources on the domestic platform business and the restructuring of unprofitable businesses were newly identified as measures for allocating management resources to achieve profitability.
Moved together

"Expansion of the Digital Signage Distribution Business" moved the same way as this thread, in the same document, in 2 of its 5 moves.

22★12
  1. ★This thread
  2. 1Expansion of the Digital Signage Distribution Business2×
  3. 2IoT Value Creation through Product, Platform and Planning2×

★ 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 TRaaS On Product yet.
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Concentration of Management Resources on the Domestic Platform Business and Reorganization of Unprofitable Businesses | TRaaS On Product Inc. (6696) | Komori