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TRaaS On Product (6696) · RiskMitigated

Failure to Achieve Monetization of New Media Platform and Loss of Major Project

First written in FY2021. 2 of 3 entries say "Materialised", first in FY2021. Latest entry: FY2026.

3entries
6years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseMaterialisedFY2021 – FY20232021: 120212022: 020222023: 120232024: 020242025: 020252026: 12026
Same theme, other companies
Delayed Monetization and Negative Net Worth in the Platform BusinessA theme 6 companies write about · 6 as a headwind · 0 as a tailwind

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

1 other company's latest entry also says "Mitigated".

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.
Full recordFilings, disclosures and news, newest first
  1. FY2026MitigatedAnnual report

    「Following completion of the installation of the CELDIS digital signage platform at approximately 2,000 shops operated by a major mobile network carrier in the third quarter, the accumulation of monthly recurring revenue gathered pace throughout the fiscal year, making a significant contribution to consolidated results.」

    Compared with the previous situation in which the failure to monetize the new Platform was disclosed, monthly recurring revenue at CELDIS has gained momentum and begun contributing to consolidated performance.
  2. FY2023MaterialisedAnnual report

    「Meanwhile, advertising demand for signage in beauty salons, which depends on advertising revenue, has taken longer than expected to recover. To eliminate the unprofitability, we decided to plan a business transformation while reviewing the extensive expertise gained through this business.」

    Following the failure to monetize the new media platforms, the delayed recovery in advertising demand for beauty salon signage and the resulting unprofitability have continued, and the company is planning a business transformation.
  3. FY2021MaterialisedAnnual report

    「None of the new media platforms achieved monetization during the consolidated fiscal year, and it was decided that the large project in the made-to-order Product business had been lost, resulting in performance below the initial expectations.」

    The failure to monetize new media platforms and the loss of a large project actually occurred, resulting in revenue of ¥586.408 million and an operating loss of ¥288.575 million.
Moved together

"Risk of Deteriorating Business Performance Due to Market Trends and Economic Fluctuations" moved the same way as this thread, in the same document, in 2 of its 3 moves.

222222★123456
  1. ★This thread
  2. 1Risk of Deteriorating Business Performance Due to Market Trends and Economic Fluctuations2×
  3. 2Expansion of the Digital Signage Distribution Business2×
  4. 3Business model transformation from device sales to service provision2×
  5. 4Risk of Dependence on Specific Contract Manufacturers for Procurement2×
  6. 5Creating Unique Services and Contributing to Society Through “Shika: Only One”2×
  7. 6Nationwide rollout of programming distribution services for hair salons2×

★ 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.
Failure to Achieve Monetization of New Media Platform and Loss of Major Project | TRaaS On Product Inc. (6696) | Komori