Commercialization of the Virgo smart ring and 1 million active users by 2029
First written in FY2024. 1 of 3 entries say "Advanced", first in FY2025. Latest entry: FY2026.
No other company in this theme has enough history to compare yet.
- FY2026SoftenedAnnual report
「For Virgo, a self-care health-monitoring service using biosensing, the company conducted feasibility studies and demonstrations. However, after comprehensively considering demand trends and the competitive environment in the target market, the status of establishing a monetization model, and consistency with the allocation of the company's management resources, among other factors, it did not proceed to full-scale commercialization.」
The company stated that, after sales of samples began, Virgo remained at the stage of feasibility studies and demonstrations and did not proceed to full-scale commercialization. Progress toward the previously stated commercialization and target of 1 million users by 2029 weakened. - FY2025AdvancedAnnual report
「Launch of sample sales for the self-care health-monitoring service Virgo; continuation of joint research on the correlation between drivers' driving behavior and health」
Regarding Virgo, the project progressed from the business launch decision and start of joint research in the previous fiscal year to the start of sample sales. The target of 1 million active smart-ring users in fiscal 2029 remains unchanged. - FY2024First statedAnnual report
「Decided to commercialize Virgo, a self-care health-monitoring service. Began joint research on the correlation between driver behavior and health. • Acquire 1 million active users for the Virgo smart ring (2029)」
For the health-monitoring service Virgo, the company disclosed for the first time a decision to commercialize the business, the start of joint research, and a target of 1 million active users in 2029.