Overseas expansion and monetization originating in Thailand
First written in FY2020. 2 of 6 entries say "Advanced", first in FY2021-Q1. Latest entry: FY2022-Q2.
No other company in this theme has enough history to compare yet.
- FY2022-Q2ReframedAnnual report
「At a meeting of the Board of Directors held on 31 January 2022, we resolved to transfer “Retty Thailand,” which we operate in Thailand, to Geobrain Co., Ltd. (head office: 5-25-19 Higashigotanda, Shinagawa-ku, Tokyo; Representative Director: Nambu Takahiro (南部 隆宏)), and entered into a business transfer agreement on the same date.」
The company shifted from a policy of expanding users in Thailand, monetizing the business and expanding into other regions to a plan to transfer Retty Thailand. The transfer was approved and the agreement was signed on 31 January 2022. - FY2021DroppedAnnual report
「We also operate a similar business in Thailand.」
The previously stated targets and policies for expanding users in Thailand, monetization and expansion into other regions were not included in the management policy in this filing; only the existence of the Thailand business was mentioned in the risk section. - FY2021-Q3SoftenedAnnual report
「In our overseas operations, we are currently focusing on growing the service in Thailand. Approximately 80,000 reviews had been accumulated as of the end of June 2021, and monthly users had increased as this content expanded, exceeding 1 million as of March 2021. Although monthly users were affected by worsening external conditions in Thailand from April 2021 onward, they remained at 700,000 as of the end of June 2021. We will consider our future policy in light of the number of COVID-19 cases in Thailand.」
The number of reviews accumulated in Thailand remained at approximately 80,000, while monthly users declined from more than 1 million in March 2021 to 700,000 at the end of June. The company said it would consider its future policy in light of the infection situation. - FY2021-Q2AdvancedAnnual report
「As of the end of March 2021, approximately 80,000 reviews had been accumulated, and monthly users had also increased as this content expanded, exceeding 1 million as of the end of March 2021. Going forward, we intend to pursue monetization after expanding the scale of the service, while also expanding into other countries and regions, including Asia, the United States and the EU.」
In Thailand, reviews reached approximately 80,000 and monthly users exceeded 1 million, expanding the scale from the previous quarter. The policy of monetization and expansion into other regions was maintained. - FY2021-Q1AdvancedAnnual report
「As of the filing date, approximately 75,000 reviews had been accumulated, and monthly users had also increased as this content expanded, exceeding 950,000 at the end of December 2020. Going forward, we intend to pursue monetization after expanding the scale of the service, while also expanding into other countries and regions, including Asia, the United States and the EU.」
In Thailand, approximately 75,000 reviews had been accumulated, and monthly users exceeded 950,000 at the end of December 2020. The policy of monetizing the service after expanding its scale and expanding into other regions was maintained. - FY2020First statedAnnual report
「Going forward, we intend to pursue monetization after expanding the scale of the service, while also expanding into other countries and regions, including Asia, the United States and the EU.」
In Thailand, monthly users exceeded 500,000 at the end of July 2020, and approximately 60,000 reviews had been accumulated.