Komori
TRaaS On Product (6696) · InitiativeAdvancedLatest Earnings (2026-09-10): "Restated"

Business model transformation from device sales to service provision

First written in FY2019. 8 of 24 entries say "Advanced", first in FY2020. Latest entry: 2026-09-10.

24entries
8years
3from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2019 – FY2020-Q3ReframedFY2021 – FY2023-Q2AdvancedFY2025-Q1 – FY20252019: 420192020: 420202021: 120212022: 320222023: 420232024: 220242025: 220252026: 42026
Same theme, other companies
Transition to and strengthening of a recurring-revenue business built on cloud and IoTA theme 15 companies write about · 0 as a headwind · 15 as a tailwind

TRaaS On Product moved to the "Worse" side of this theme in 2021.

The whole theme swung hardest in 2021: 1 of 12 companies on the "Worse" side.

2 other companies' latest entry also says "Restated".

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 15 companies compared. The sentences above are computed from all 15.
Full recordFilings, disclosures and news, newest first
  1. 2026-09-10RestatedEarnings

    「We are continuing to shift away from simply selling products to the B2B market and transform the business by concentrating management resources on making our core business a SaaS monthly subscription service for the B2B market, built on our manufacturing capabilities as set out in our growth policy.」

    The company reconfirms its transition from product sales to a SaaS monthly subscription service and its continued concentration of management resources on that business.
  2. FY2026AdvancedAnnual report

    「Group-wide net sales increased as installation of the CELDIS digital signage platform at approximately 2,000 major mobile carrier stores was completed and the buildup of monthly recurring revenue got fully underway, along with the contribution to sales from the full acquisition of アクスト東日本 in August 2025.」

    Regarding the shift from product sales to SaaS monthly subscription services, the company reports concrete progress, including the completion of CELDIS installations at approximately 2,000 stores and the full-scale buildup of monthly recurring revenue.
  3. FY2026-H1RestatedAnnual report

    「Against this backdrop, we have continued to shift away from the simple sale of products to the BtoB market and concentrate management resources on transforming the business, with the aim of making SaaS monthly subscription services based on manufacturing for the BtoB market set out in our growth policy our core business.」

    The company continues its shift from simply selling products to the BtoB market to a business centered on SaaS monthly subscription services, while concentrating management resources on that business.
  4. FY2025AdvancedAnnual report

    「During the current fiscal year, we continued from the previous fiscal year to concentrate management resources on transforming the business, with the aim of shifting away from the simple sale of products to the BtoB market and making SaaS monthly subscription services based on manufacturing for the BtoB market set out in our growth policy our core business.」

    The company continued its shift from selling individual products to the BtoB market to a business centered on SaaS monthly subscription services, while concentrating management resources on that business.
  5. FY2025-H1AdvancedAnnual report

    「Against this backdrop, during the interim accounting period, we continued from the previous fiscal year to concentrate management resources on transforming the business, with the aim of shifting away from the simple sale of products to the BtoB market and making SaaS monthly subscription services based on manufacturing for the BtoB market set out in our growth policy our core business.」

    The company continues to shift from simply selling products to the BtoB market to a business model centered on SaaS monthly subscription services, while concentrating management resources on that business.
  6. FY2025-Q1AdvancedAnnual report

    「During the cumulative first quarter of the current fiscal year, the TRaaS business worked actively to expand its strategic sales partners for the AI power-reduction solution 「AIrux8」 in order to accelerate sales in the Japanese market. In April 2024, it began providing 「AIrux8」 to 丸紅情報システムズ株式会社 and 加賀FEI株式会社, and the registration of 「AIrux8」 technology as a patent in Japan」

    Regarding the shift from a product-sales model to a business centered on SaaS monthly subscription services, the company reports concrete progress, including the start of providing AIrux8 to strategic sales partners serving the Japanese market and the registration of the technology as a patent.
  7. FY2024-Q3Longer lead times and increased importance of large projectsAnnual report

    「Although progress on each of these projects has been steady, they are unique new solutions using cutting-edge technologies, and the projects requested by various business partners are also very large in scale. We have therefore decided to move forward while taking more thorough verification steps. As a result, the multiple large projects involving 「店舗の星」 and 「AIrux8」 are taking longer than initially expected, and building up the number of implementations for the SaaS monthly subscription businesses associated with these projects is also taking some time. We will nevertheless continue to pursue their expansion as core businesses.」

    While stating its policy of expanding 「店舗の星」 and AIrux8 as core businesses, the company notes that the multiple large projects and the buildup in implementations for the SaaS monthly subscription business are taking longer than initially expected.
  8. FY2024-Q2Continued delay in accumulating SaaS installationsAnnual report

    「The company expanded its initiatives toward accumulating future installations of the monthly SaaS subscription businesses for the large-scale 店舗の星 and AIrux8 solutions.」

    While continuing to transition to a monthly SaaS subscription business, the company explained that accumulating installations is taking some time.
  9. FY2024-Q1SoftenedAnnual report

    「Although performance for the cumulative first-quarter period is progressing as planned, the company expects that accumulating installations of the monthly SaaS subscription businesses for the large-scale 店舗の星 and AIrux8 solutions from the second through fourth quarters will take some time, and also expects selling, general and administrative expenses to increase as it strengthens hiring and marketing for its TRaaS business.」

    Regarding the transition to a service provision-based model, the company explained that progress is in line with plan, while accumulating installations of the monthly SaaS subscription businesses for 店舗の星 and AIrux8 is taking time and selling, general and administrative expenses are expected to increase.
  10. FY2023AdvancedAnnual report

    「During the fiscal year, the company expanded its initiatives to build recurring monthly SaaS revenue, including the release of the new product 店舗の星 and collaboration with 加賀電子株式会社 for the launch of AIrux8 in Japan.」

    Regarding the transition to a service provision-based model, the company is advancing the release of 店舗の星, collaboration with 加賀電子 for the launch of AIrux8 in Japan, and the accumulation of recurring monthly SaaS revenue.
  11. FY2023-Q2ReframedAnnual report

    「Based on the manufacturing capabilities cultivated to date and set out in the growth policy, the company aims to provide technological value as a service, TRaaS (Technology Reward as a Service), which only it can deliver on a one-stop basis in response to customers' concerns and challenges.」

    The transition to a service provision-based model has been specifically defined as TRaaS, providing one-stop technological value in response to customer challenges based on manufacturing capabilities.
  12. FY2023-Q1ReframedAnnual report

    「Today, IT products can be created relatively easily by combining off-the-shelf components such as CPUs. The company believes that the true value of a product lies not in the product itself but in what is provided externally through the internet, and defines manufacturing in this era as Manufacturing 4.0.」

    The transition from a product sales-based model to a service provision-based model has been redefined as Manufacturing 4.0, which delivers value via the internet.
  13. FY2022ReframedAnnual report

    「To strengthen its sales structure and activities for acquiring new customers, including SaaS services for the B2B market based on manufacturing capabilities and the development of owned media, which are included in the growth policy for the following fiscal year, the company will deepen cooperation with stakeholders, including customers and shareholders, and business partners, aiming for further improvement through growth in new sales and additional profit generated from these efforts.」

    The transition to a service provision-based model has been redefined in the growth policy for the following fiscal year to include B2B SaaS services, owned media development and the acquisition of new customers.
  14. FY2021ReframedAnnual report

    「The group has advanced its business by proposing projects in various locations that could serve as media platforms and strengthening alliances with partners to develop the world-class products it has cultivated to date.」

    The transition from a device sales-based model to a service provision-based model has been reorganized around a business model centered on media platforms, alliances with partners and the development of location-based media.
  15. FY2021-Q3AdvancedAnnual report

    「In addition, the company expects future revenue contributions from new platform businesses, including a business alliance project with 長野トヨタ自動車株式会社 and plans to install LED signage linked to advertising distribution.」

    In connection with the transition to a service provision-based model, the company is developing an LED signage business combining a new platform business, business alliance projects and advertising distribution.
  16. FY2021-Q2RestatedAnnual report

    「While the spread of COVID-19 delayed the launch, planned for July 2020, of a media platform service for beauty salons, the company actively pursued business discussions for deployment across various media platforms and development ahead of shipments of various devices.」

    In connection with the transition from a product sales-based model to a service provision-based model, the company reaffirmed that it continues media platform business discussions and development while delays in service launches persist.
  17. FY2021-Q1Partial delay in service launchAnnual report

    「Although the spread of COVID-19 caused some delays in the launch of services, the company actively pursued preparations for turning profitable in the current fiscal year, including business discussions for deployment across various media platforms and development ahead of shipments of various devices.」

    While progressing with the transition from a product sales-based model to a service provision-based model, the company experienced some delays in launching services but continued business discussions for its media platform and device development.
  18. FY2020AdvancedAnnual report

    「In addition, NEXT GENERATION HOSPITALITY (NGH), a cloud-based content delivery system developed in collaboration with 凸版印刷株式会社, was launched as part of the transition from the conventional sales-based business to a stock-based, subscription-based business, and the company actively pursued the development of new services accompanying this business.」

    As part of the transition from a product sales-based model to a stock-based and subscription-based model, NGH with 凸版印刷 was launched and development of new services progressed.
  19. FY2020-Q3RestatedAnnual report

    「Continuing from the previous consolidated fiscal year, the group is progressing with a transition in its business model from product sales to service provision. In terms of revenue, it is currently in a transitional period, resulting in weak performance.」

    The company explained that it continues to transition from a product sales-based model to a service provision-based model and that revenue remains in a transitional period, resulting in weak performance.
  20. FY2020-Q2RestatedAnnual report

    「Continuing from the previous consolidated fiscal year, the group is progressing with a transition in its business model from product sales to service provision. In terms of revenue, it is currently in a transitional period, resulting in weak performance.」

    The company reaffirmed that it continues to transition from a product sales-based model to a service provision-based model and that revenue remains in a transitional period, resulting in weak performance.
  21. FY2020-Q1RestatedAnnual report

    「Continuing from the previous consolidated fiscal year, the group is progressing with a transition in its business model from product sales to service provision. In terms of revenue, it is currently in a transitional period, resulting in weak performance.」

    The company reaffirmed that it continues to transition from a product sales-based model to a service provision-based model, explaining that revenue remains in a transitional period and performance has been weak. It did not indicate completion of the transition or any new milestones.
  22. FY2019First statedAnnual report

    「The group currently expects revenue from sales of STBs for VOD services to gradually decline in the future and is progressing with a transition in its business model from a device sales-based (flow) business to a service provision-based (stock) business.」

    The company first clearly presented a policy of shifting from a product sales-centered model to a service revenue-centered model, anticipating lower dependence on sales of legacy STBs.
Moved together

"Recurring Operating and Net Losses and Going-Concern Risk" moved the same way as this thread, in the same document, in 6 of its 24 moves.

655444★123456
  1. ★This thread
  2. 1Recurring Operating and Net Losses and Going-Concern Risk6×
  3. 2STB Sales and VAR Sales Partner Network in the Video Distribution Sector5×
  4. 3Expansion of the Digital Signage Distribution Business5×
  5. 4Expansion of IoT Controllers for Accommodation Facilities4×
  6. 5Turning Operating Profit and Operating Cash Flow Positive4×
  7. 6Expanding Sales Channels Through Domestic and Overseas VARs4×

★ 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. It last moved in the Earnings of 2026-09-10: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Business model transformation from device sales to service provision | TRaaS On Product Inc. (6696) | Komori