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Copa Corporation (7689) · InitiativeSoftened

Preparing to Launch a Live Commerce Crowdfunding Business

First written in FY2023-Q3. 7 of 14 entries say "Advanced", first in FY2023. Latest entry: 2026-10-15.

14entries
4years
4from disclosures
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How it moved
ProgressHeldSoftenedWorseAdvancedFY2023 – FY2024AdvancedFY2025-H1 – FY20262023: 320232024: 420242025: 120252026: 62026
Same theme, other companies
Operation of a crowdfunding service for creatorsA theme 4 companies write about · 0 as a headwind · 5 as a tailwind

0 other companies' latest entry also says "Softened".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1SoftenedAnnual report

    「Although sales of products such as “Pulse Cross” performed well during the interim accounting period, revenue was ¥4.597 million, down 55.7% year on year, partly due to the temporary suspension of the “Wakutan” crowdfunding service.」

    The company disclosed that the “Wakutan” service, which had expanded following its launch, has been temporarily suspended, and sales through the channel fell 55.7% year on year.
  2. 2026-07-14SoftenedResults briefing materials

    「As a result of factors including the temporary suspension of the “Wakutan” crowdfunding service, net sales were below the previous year's level.」

    The company states that the temporary suspension of the “Wakutan” service caused sales for the quarter to fall below the same period of the previous year. It does not state that the service was permanently terminated.
  3. FY2026AdvancedAnnual report

    「At Wakutan, the number of members and projects increased steadily, and the total amount of support for individual projects reached an all-time high twice during the current fiscal year. However, as the number of projects stagnated in the fourth quarter, the full-year result was below the previous year's result.」

    Membership and project numbers for “Wakutan” increased, and the total amount of support raised by a single project reached a new all-time high 2 times during the fiscal year. Meanwhile, full-year revenue fell below the previous year's level because project numbers were sluggish in the fourth quarter.
  4. 2026-04-14AdvancedEarnings

    「At Wakutan, the number of members and projects increased steadily, and the total amount of support for individual projects reached an all-time high twice during the current fiscal year. However, as the number of projects stagnated in the fourth quarter, the full-year result was below the previous year's result.」

    Although the number of members and projects and the total amount of support per project showed progress, the full-year result fell below the previous year because growth stalled in the fourth quarter.
  5. FY2026-H1AdvancedAnnual report

    「During the interim accounting period, the Company rebranded and integrated the EC site “Demokau” into “Wakutan Market,” working to strengthen customer acquisition and expand its content. Membership and project numbers for “Wakutan” increased steadily, while the “cadono” project for an extra-thick square frying pan made by Tsubame-Sanjo’s artisans set a new all-time high for the total amount of support raised by a single project.」

    The “Wakutan” business progressed to the integration of the EC site's brands and the strengthening of customer acquisition, with increases in membership and project numbers and a new all-time high in the total amount of support raised by a single project.
  6. FY2025-H1AdvancedAnnual report

    「During the interim accounting period, the number and transaction value of projects acquired through WAKUTAN increased steadily, and event appearances by demonstrators recovered and remained strong. However, video production projects declined, resulting in sales of ¥42,102 thousand, down 41.4% from the same interim period of the previous fiscal year.」

    The Company stated that the number of projects acquired and gross merchandise value for the launched “Wakutan” business increased steadily, indicating that operations have entered an expansion phase.
  7. FY2025-Q1RestatedAnnual report

    「For online shopping, we strengthened advertising for 骨盤整隊カシャーン both inside and outside the marketplaces and increased sales of the product. We are also working to increase sales by sourcing national-brand products through the crowdfunding business 「わくたん」 to expand the number of products offered in each marketplace.」

    The Company continues to use the launched “Wakutan” business to procure national-brand products and is continuing measures to increase the number of products offered on each marketplace.
  8. FY2024AchievedAnnual report

    「August 2023 Launch of the “Wakutan” live-streaming crowdfunding business」

    The live-commerce crowdfunding business progressed beyond the preparation stage, and the “Wakutan” business was launched in August 2023.
  9. FY2024-Q3AdvancedAnnual report

    「For online shopping, we strengthened advertising for 骨盤整隊カシャーン both inside and outside the marketplaces and increased sales of the product. We are also working to increase sales by sourcing national-brand products through the crowdfunding business 「わくたん」 to expand the number of products offered in each marketplace.」

    “Wakutan” is being used as a crowdfunding business to procure products for online sales, and the Company has moved into the phase of advancing purchases of national-brand products.
  10. FY2024-Q2AdvancedAnnual report

    「This sales channel includes the “Wakutan” crowdfunding business, as well as revenue from producing videos at the request of companies and other organizations for promotional activities and internal training, dispatching live product demonstrators, and having them appear in videos. Revenue for the cumulative second quarter was ¥72 million, up 17.5% year on year.」

    The “Wakutan” crowdfunding business, previously in the launch-preparation stage, was listed as a component of the sales channel, while sales of sales-promotion services including video production increased 17.5% year on year.
  11. FY2023AdvancedAnnual report

    「Strengthening the “Wakutan” crowdfunding business *Scheduled to launch around summer of the fiscal year ending February 2024 We believe that live product demonstrations and crowdfunding are well suited to each other. The aim of this business is to invigorate crowdfunding through live-commerce product demonstrations and support new business operators.」

    The Company has moved from preparing a conventional live-commerce crowdfunding business to a specific plan to strengthen the business under the name “Wakutan,” with a launch scheduled around summer of the fiscal year ending February 2024 and functions including live-commerce product demonstrations and support for new business operators.
  12. FY2023-Q3First statedAnnual report

    「In addition to our existing businesses, we worked on business activities including preparations for a live-commerce crowdfunding business scheduled to launch during 2023.」

    In addition to its existing businesses, the Company is preparing a live-commerce crowdfunding business as a new business activity and has indicated that it is scheduled to launch during 2023.
Moved together

"Raising Product and Business Awareness Through Strategic Advertising and Publicity" moved the same way as this thread, in the same document, in 4 of its 14 moves.

433222★123456
  1. ★This thread
  2. 1Raising Product and Business Awareness Through Strategic Advertising and Publicity4×
  3. 2Strengthening product planning capabilities by leveraging product demonstrations and customer touchpoints3×
  4. 3Strengthening the Video Production Business and Expanding Orders3×
  5. 4Training and Recruitment System for Product Demonstrators2×
  6. 5Securing Stable Inventory of Top-Selling and Seasonal Products2×
  7. 6Reducing the Loss in the Following Period and Achieving Profitability in the Period After That2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Copa Corporation yet. It last moved in the Management Planning of 2026-10-15: "Softened".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Preparing to Launch a Live Commerce Crowdfunding Business | Copa Corporation Inc. (7689) | Komori