Allocation of Listing Proceeds to Software Development and Wearable Devices
First written in FY2018-Q2. 3 of 6 entries say "Restated". Latest entry: FY2024.
TRaaS On Product moved to the "Worse" side of this theme in 2024, 1 year before the typical company in this theme (2025).
14 other companies' latest entry also says "Reframed".
- FY2024ReframedAnnual report
「For market development funding for SaaS services in the TRaaS business, the company allocated ¥58 million in the first year and ¥44 million in the second year toward expanding the markets for SaaS services, including the DX product for retail stores, Tenpo no Hoshi, and the AI power-saving solution AIrux8. From the third through sixth years, the company plans to allocate ¥114 million, anticipating further growth in monthly subscription revenue from SaaS services such as Tenpo no Hoshi and AIrux8.」
The company changed the allocation of funds, increasing SaaS market development funding from ¥175 million to ¥216 million, reducing owned media expenses from ¥50 million to ¥8 million, and redirecting the balance to the TRaaS business. It plans to allocate ¥136 million to human resources investment from the third through sixth years. - FY2020RestatedAnnual report
「The group plans to use the funds for investment in the development of new IoT terminals, recruitment costs related to expanding existing businesses, and the purchase of wearable devices for sale and rental.」
The company continues to state plans to use the listing proceeds for the development of new IoT terminals, recruitment and the purchase of wearable devices. - FY2019RestatedAnnual report
「The group plans to use the funds for investment in the development of new IoT terminals, recruitment costs related to expanding existing businesses, and the purchase of wearable devices for sale and rental.」
The company continues to list the development of new IoT terminals, recruitment and the purchase of wearable devices as uses of the listing proceeds. - FY2018RestatedAnnual report
「The group plans to use the funds for investment in the development of new IoT terminals, recruitment costs related to expanding existing businesses, and the purchase of wearable devices for sale and rental.」
The company continues to cite the development of new IoT terminals, recruitment and the purchase of wearable devices as uses of the listing proceeds. - FY2018-Q3ReframedAnnual report
「The group plans to use the proceeds raised through the public offering conducted at the time of its listing to invest in the development of new IoT terminals, cover recruitment costs for expanding existing businesses, and purchase wearable devices for sale and rental.」
The stated uses of the proceeds have been reorganized from the previous description of software development costs and personnel expenses to the development of new IoT terminals, recruitment costs for expanding existing businesses, and the purchase of wearable devices. - FY2018-Q2First statedAnnual report
「The company planned to use the funds as working capital for (1) outsourced development costs and personnel expenses for software development, (2) the purchase of wearable devices for sale, and (3) the purchase of wearable devices for rental.」
The company plans to use the proceeds raised in connection with the listing for software development and the purchase of wearable devices for sale and rental.