Komori
Monthly7043Alue Co.,Ltd.Information and Communications, Services and Others

Notice of etudes Monthly KPI (速報) for February 2026

etudes' MRR in February 2026 was ¥29.064 million, 17.3% above the same month a year earlier. Meanwhile, the number of client companies was 242, down 21.2% year on year, and average revenue per company (ARPU) was ¥120,000.

Worth reading
38Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
17.3
%
Wording
Avoiding a definitive answer
How definitive the wording is.

Sales for this month

February 2026Fiscal year ending March 2027
Key KPI year-on-year change
Number of customer companies
-121.2%
MRR
-82.7%
Monthly Commentary

2026年2月度のetudes月次KPI速報値を開示。監査法人の監査を受けておらず、今後修正する可能性がある。

Factors Affecting the Change

ASP contracts use a billing structure based on the level of monthly usage, resulting in month-to-month fluctuations in revenue

Monthly trend for the same period last year

Month January 2025 / MRR ¥24,203 thousand / Number of customer companies ¥301 thousand / ARPU ¥80 thousand / ARPU_unit ¥ thousand, Month February 2025 / MRR ¥24,781 thousand / Number of customer companies ¥307 thousand / ARPU ¥81 thousand / ARPU_unit ¥ thousand, Month March 2025 / MRR ¥24,114 thousand / Number of customer companies ¥308 thousand / ARPU ¥78 thousand / ARPU_unit ¥ thousand, Month April 2025 / MRR ¥27,230 thousand / Number of customer companies ¥228 thousand / ARPU ¥119 thousand / ARPU_unit ¥ thousand, Month May 2025 / MRR ¥27,466 thousand / Number of customer companies ¥237 thousand / ARPU ¥116 thousand / ARPU_unit ¥ thousand, Month June 2025 / MRR ¥29,205 thousand / Number of customer companies ¥238 thousand / ARPU ¥123 thousand / ARPU_unit ¥ thousand, Month July 2025 / MRR ¥29,238 thousand / Number of customer companies ¥232 thousand / ARPU ¥126 thousand / ARPU_unit ¥ thousand, Month August 2025 / MRR ¥28,618 thousand / Number of customer companies ¥235 thousand / ARPU ¥122 thousand / ARPU_unit ¥ thousand, Month September 2025 / MRR ¥29,941 thousand / Number of customer companies ¥231 thousand / ARPU ¥130 thousand / ARPU_unit ¥ thousand, Month October 2025 / MRR ¥29,036 thousand / Number of customer companies ¥235 thousand / ARPU ¥124 thousand / ARPU_unit ¥ thousand, Month November 2025 / MRR ¥29,342 thousand / Number of customer companies ¥241 thousand / ARPU ¥122 thousand / ARPU_unit ¥ thousand, Month December 2025 / MRR ¥28,438 thousand / Number of customer companies ¥246 thousand / ARPU ¥116 thousand / ARPU_unit ¥ thousand

Scope of aggregation: etudes business

Sales for this month
ItemDetails
Month CoveredFebruary 2026
Fiscal Year CoveredFiscal year ending March 2027
Scope of aggregationetudes business
Year-on-year change by categoryName MRR・Internal Use / Year on year Not disclosed, Name MRR・Business Use and Other / Year on year Not disclosed
Sales by categoryMRR ¥29,064 thousand, Internal use ¥15,356 thousand, Business use and other ¥13,708 thousand
Key KPIsIndicator name MRR / Value ¥29,064 thousand / Year on year ¥17.3 thousand, Indicator name Number of customer companies / Value 242 companies / Year on year -21.2 companies, Indicator name ARPU / Value ¥120 thousand / Year on year Not disclosed
Monthly Commentary2026年2月度のetudes月次KPI速報値を開示。監査法人の監査を受けておらず、今後修正する可能性がある。
Factors Affecting the ChangeASP contracts use a billing structure based on the level of monthly usage, resulting in month-to-month fluctuations in revenue
Monthly trend for the same period last yearMonth January 2025 / MRR ¥24,203 thousand / Number of customer companies ¥301 thousand / ARPU ¥80 thousand / ARPU_unit ¥ thousand, Month February 2025 / MRR ¥24,781 thousand / Number of customer companies ¥307 thousand / ARPU ¥81 thousand / ARPU_unit ¥ thousand, Month March 2025 / MRR ¥24,114 thousand / Number of customer companies ¥308 thousand / ARPU ¥78 thousand / ARPU_unit ¥ thousand, Month April 2025 / MRR ¥27,230 thousand / Number of customer companies ¥228 thousand / ARPU ¥119 thousand / ARPU_unit ¥ thousand, Month May 2025 / MRR ¥27,466 thousand / Number of customer companies ¥237 thousand / ARPU ¥116 thousand / ARPU_unit ¥ thousand, Month June 2025 / MRR ¥29,205 thousand / Number of customer companies ¥238 thousand / ARPU ¥123 thousand / ARPU_unit ¥ thousand, Month July 2025 / MRR ¥29,238 thousand / Number of customer companies ¥232 thousand / ARPU ¥126 thousand / ARPU_unit ¥ thousand, Month August 2025 / MRR ¥28,618 thousand / Number of customer companies ¥235 thousand / ARPU ¥122 thousand / ARPU_unit ¥ thousand, Month September 2025 / MRR ¥29,941 thousand / Number of customer companies ¥231 thousand / ARPU ¥130 thousand / ARPU_unit ¥ thousand, Month October 2025 / MRR ¥29,036 thousand / Number of customer companies ¥235 thousand / ARPU ¥124 thousand / ARPU_unit ¥ thousand, Month November 2025 / MRR ¥29,342 thousand / Number of customer companies ¥241 thousand / ARPU ¥122 thousand / ARPU_unit ¥ thousand, Month December 2025 / MRR ¥28,438 thousand / Number of customer companies ¥246 thousand / ARPU ¥116 thousand / ARPU_unit ¥ thousand
Items this document does not state (13)
Net sales for the monthYear-on-year change in monthly net salesTotal-store sales, year on yearSame-Store Sales, Year on YearYear-on-Year Change in Customer CountYear-on-Year Change in Average Spend per CustomerCumulative Sales from Start of PeriodCumulative Year-on-Year Change from Start of PeriodNumber of Stores at Period-EndNumber of stores opened during the monthNumber of stores closed during the monthMeasures from the following month onwardNext Scheduled Disclosure

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

会社は、ASP契約が月間の利用度合いに応じた課金体系であり、月単位で売上に変動が発生すると説明しています。個別の増減要因は記載していません。

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice of etudes Monthly KPI (速報) for February 2026 | Alue Co.,Ltd. (7043) timely disclosure | Komori