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

Notice Regarding etudes Monthly KPIs for March 2026 (Preliminary)

etudes' MRR was ¥27.817 million in March 2026, up 15.4% year on year. The number of customer companies was 245, down 20.5% year on year, while ARPU was ¥114,000.

Worth reading
57In focus
Scored from 3 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
15.4
% (year-on-year change in MRR)
Wording
Avoiding a definitive answer
How definitive the wording is.

Sales for this month

March 2026Fiscal year ending March 2027
Key KPI year-on-year change
Number of customer companies
-120.5%
MRR
-84.6%
Monthly Commentary

The company disclosed preliminary monthly KPIs for etudes for March 2026. Figures for MRR, customer companies and ARPU are provided for January through March 2026.

Monthly trend for the same period last year

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

Scope of aggregation: etudes business

Sales for this month
ItemDetails
Month CoveredMarch 2026
Fiscal Year CoveredFiscal year ending March 2027
Scope of aggregationetudes business
Year-on-year change by categoryName MRR / Year on year 15.4 %, Name Number of customer companies / Year on year -20.5 %
Key KPIsIndicator name MRR / Value ¥27,817 thousand / Year on year ¥15.4 thousand, Indicator name Number of customer companies / Value 245 companies / Year on year -20.5 companies, Indicator name ARPU / Value ¥114 thousand / Year on year Not disclosed
Monthly CommentaryThe company disclosed preliminary monthly KPIs for etudes for March 2026. Figures for MRR, customer companies and ARPU are provided for January through March 2026.
Monthly trend for the same period last yearMonth January 2025 / MRR 24,203 / MRR unit ¥ thousand / Number of customer companies 301 / Customer companies unit companies / ARPU 80 / ARPU unit ¥ thousand, Month February 2025 / MRR 24,781 / MRR unit ¥ thousand / Number of customer companies 307 / Customer companies unit companies / ARPU 81 / ARPU unit ¥ thousand, Month March 2025 / MRR 24,114 / MRR unit ¥ thousand / Number of customer companies 308 / Customer companies unit companies / ARPU 78 / ARPU unit ¥ thousand, Month April 2025 / MRR 27,230 / MRR unit ¥ thousand / Number of customer companies 228 / Customer companies unit companies / ARPU 119 / ARPU unit ¥ thousand, Month May 2025 / MRR 27,466 / MRR unit ¥ thousand / Number of customer companies 237 / Customer companies unit companies / ARPU 116 / ARPU unit ¥ thousand, Month June 2025 / MRR 29,205 / MRR unit ¥ thousand / Number of customer companies 238 / Customer companies unit companies / ARPU 123 / ARPU unit ¥ thousand, Month July 2025 / MRR 29,238 / MRR unit ¥ thousand / Number of customer companies 232 / Customer companies unit companies / ARPU 126 / ARPU unit ¥ thousand, Month August 2025 / MRR 28,618 / MRR unit ¥ thousand / Number of customer companies 235 / Customer companies unit companies / ARPU 122 / ARPU unit ¥ thousand, Month September 2025 / MRR 29,941 / MRR unit ¥ thousand / Number of customer companies 231 / Customer companies unit companies / ARPU 130 / ARPU unit ¥ thousand, Month October 2025 / MRR 29,036 / MRR unit ¥ thousand / Number of customer companies 235 / Customer companies unit companies / ARPU 124 / ARPU unit ¥ thousand, Month November 2025 / MRR 29,342 / MRR unit ¥ thousand / Number of customer companies 241 / Customer companies unit companies / ARPU 122 / ARPU unit ¥ thousand, Month December 2025 / MRR 28,438 / MRR unit ¥ thousand / Number of customer companies 246 / Customer companies unit companies / ARPU 116 / ARPU unit ¥ thousand
Items this document does not state (15)
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 PeriodSales by categoryNumber of Stores at Period-EndNumber of stores opened during the monthNumber of stores closed during the monthFactors Affecting the ChangeMeasures 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.

No explanation has been provided for the month-on-month changes. The company has explained that ASP contracts are billed according to the level of monthly usage, resulting in fluctuations in monthly revenue.

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 Regarding etudes Monthly KPIs for March 2026 (Preliminary) | Alue Co.,Ltd. (7043) timely disclosure | Komori