Komori
Mitani (8066) · InitiativeAdvanced

Expansion of high-margin and recurring-revenue businesses

First written in FY2016. 9 of 18 entries say "Advanced", first in FY2019-Q2. Latest entry: FY2024.

18entries
9years
0from disclosures
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How it moved
ProgressHeldSoftenedWorseFirst statedFY2016 – FY2018AdvancedFY2019 – FY2022-Q1RestatedFY2022 – FY2024-Q22016: 120162017: 020172018: 220182019: 420192020: 120202021: 220212022: 320222023: 320232024: 22024
Same theme, other companies
Transition to and strengthening of a recurring-revenue business built on cloud and IoTA theme 18 companies write about · 0 as a headwind · 18 as a tailwind

11 other companies' latest entry also says "Advanced".

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.
Showing 14 of the 18 companies compared. The sentences above are computed from all 18.
Full recordFilings, disclosures and news, newest first
  1. FY2024AdvancedAnnual report

    「In the information systems business, net sales were ¥27.251 billion, up 6.9% from the previous fiscal year, and operating profit was ¥4.397 billion, up 15.4%. Net sales and operating profit increased mainly because of strong sales to local governments and of the company's own image-recognition packaged system, as well as special demand related to compliance with the invoice system.」

    The information systems business reported higher sales and profit, driven by sales to local governments, the company's own image-recognition packaged system, and special demand related to compliance with the invoice system.
  2. FY2024-Q3AdvancedAnnual report

    「In the information systems business, net sales were ¥19.112 billion, up 13.1% year on year, and operating profit was ¥2.730 billion, up 23.8%. Net sales and operating profit increased mainly because of special demand related to compliance with the invoice system, as well as strong sales to local governments and of the company's own image-recognition packaged system.」

    Strong sales of the company's own image-recognition packaged system and other products in its high-margin, differentiated information systems business led to higher sales and profit.
  3. FY2024-Q2RestatedAnnual report

    「Strong sales of the company's own image-recognition packaged system」

    Continued strong sales of the company's own packaged systems contributed to results in line with its policy of expanding high-margin, differentiated information systems businesses.
  4. FY2023RestatedAnnual report

    「The keywords are: ① businesses with a competitive advantage, ② leading companies in their industries, ③ global businesses, ④ service businesses in major cities such as Tokyo, ⑤ strengthening core businesses that are industry leaders, ⑥ businesses in the company's home Hokuriku region, and ⑦ in IT, Internet-based services and packaged software businesses.」

    The company is reiterating its focus on differentiated, growth-oriented IT businesses such as Internet services and packaged software.
  5. FY2023-Q3RestatedAnnual report

    「Strong sales of the company's own packaged system for the logistics sector and PCs for corporate customers」

    While sales of the company's own packaged system for the logistics sector remain strong, the information systems business as a whole has been affected by project postponements due to the semiconductor shortage.
  6. FY2023-Q2RestatedAnnual report

    「Strong sales of the company's own packaged system for the logistics sector」

    In connection with its policy of expanding its own packaged software, the company continues to cite strong sales of its own packaged system for the logistics sector.
  7. FY2022RestatedAnnual report

    「In businesses where differentiation is possible, such as information systems, the company will expand high-margin, high-growth businesses, including packaged software and internet-related businesses.」

    The company is reiterating its policy of expanding high-margin, high-growth businesses such as packaged software and Internet-related services.
  8. FY2022-Q3AdvancedAnnual report

    「In the information systems business, revenue was ¥17,211 million, compared with ¥17,322 million in the same quarter of the previous year, and operating income was ¥2,562 million, up 13.9% year on year. Operating income increased owing to strong sales of the company's proprietary image-processing and logistics packaged systems and a recovery in advertising market conditions in the lyrics search service business, among other factors.」

    Strong sales of the company's proprietary packaged systems and a recovery in advertising market conditions drove a 13.9% year-on-year increase in operating income in the information systems business.
  9. FY2022-Q2Individual products performed well, but the business as a whole posted lower revenue and profitAnnual report

    「In the information systems business, revenue was ¥11,091 million, compared with ¥11,774 million in the same quarter of the previous year, and operating income was ¥1,524 million, down 7.8% year on year. Revenue and operating income declined because, although sales of the company's proprietary image-processing packaged systems and systems for the transport industry were strong, the number of PCs sold to corporate customers fell and system development costs increased, among other factors.」

    Although the company's proprietary image-processing packaged systems and other products performed well, lower PC sales to corporate customers and higher development costs resulted in lower revenue and operating income in the information systems business.
  10. FY2022-Q1AdvancedAnnual report

    「In the information systems business, revenue was ¥5,260 million, compared with ¥5,377 million in the same quarter of the previous year, and operating income was ¥779 million, up 31.8% year on year. Operating income increased owing to strong sales of student PCs and systems for private schools in the education sector and strong sales of the company's proprietary image-processing packaged systems, among other factors.」

    The company's PCs and systems for private schools and its proprietary image-processing packaged systems performed well, driving a 31.8% year-on-year increase in operating income in the information systems business.
  11. FY2020-Q3AdvancedAnnual report

    「In the information systems business, revenue was ¥21,576 million, up 26.9% year on year, and operating income was ¥2,357 million, up 29.5%. Revenue and operating income increased owing to strong performance in systems integration for schools and local governments, increased demand for PC replacements following the end of Windows 7 support, increased corporate investment in labor-saving measures against the backdrop of work-style reforms, and growth in sales of the company's proprietary packaged software, among other factors.」

    Systems integration for schools and local governments, packaged software and demand for PC replacements following the end of Windows 7 support, among other factors, specifically drove increases in revenue and operating income in the information systems business.
  12. FY2020-Q2AdvancedAnnual report

    「In the information systems business, revenue was ¥14,631 million, up 24.2% year on year, and operating income was ¥1,683 million, up 28.3%. Revenue and operating income increased owing to strong performance in systems integration for schools and local governments, increased demand for PC replacements following the end of Windows 7 support, increased corporate investment in labor-saving measures against the backdrop of work-style reforms, and growth in sales of the company's proprietary packaged software, among other factors.」

    Systems integration for schools and local governments, packaged software and demand for PC replacements following the end of Windows 7 support, among other factors, specifically drove increases in revenue and operating income in the information systems business.
  13. FY2020-Q1AdvancedAnnual report

    「In the information systems business, revenue was ¥6,330 million, up 23.1% year on year, and operating income was ¥584 million, up 18.4%. Revenue and operating income increased owing to strong performance in systems integration for schools and local governments, increased PC sales related to Windows 10 support, and growth in sales of the company's proprietary packaged software, among other factors.」

    Systems integration for schools and local governments, Windows 10-compatible PCs and the company's proprietary packaged software contributed to higher revenue and profit in the information systems business.
  14. FY2019AdvancedAnnual report

    「In the information systems business, revenue was ¥24,878 million, up 7.2% year on year, and operating income was ¥3,064 million, up 24.9%. Revenue and operating income benefited from growth in systems integration for schools and local governments and hardware sales, as well as strong sales of the company's proprietary packaged software.」

    Systems integration for schools and local governments and the company's proprietary packaged software contributed to a 24.9% increase in operating income in the information systems business.
  15. FY2019-Q3RestatedAnnual report

    「In the information systems business, revenue was ¥17,008 million, up 6.3% year on year, and operating income was ¥1,819 million, up 26.2%. Revenue and operating income benefited from strong performance in systems integration for schools, online sales and sales of the company's proprietary packaged software.」

    Systems integration for schools, online sales and the company's proprietary packaged software performed well and contributed to higher revenue and profit in the information systems business.
  16. FY2019-Q2AdvancedAnnual report

    「In the information systems business, revenue was ¥11,776 million, up 6.0% year on year, and operating income was ¥1,311 million, up 20.8%. Revenue and operating income increased owing to strong performance in the school systems integration division and sales of the company's proprietary packaged software, the addition of revenue and profit from a newly consolidated lyrics search website operator, and lower retirement benefit expenses, among other factors.」

    The information systems business posted higher revenue and profit on strong performance in systems integration for schools and sales of the company's proprietary packaged software, confirming the contribution of the focus on high-margin businesses and software.
  17. FY2018RestatedAnnual report

    「In the information systems business, the company will focus on high-margin, high-growth businesses, including packaged software and internet-related businesses that can be differentiated from competitors, as well as recurring-revenue businesses such as systems integration and maintenance services.」

    The company has reiterated its policy of expanding high-margin, high-growth packaged software and internet-related businesses, along with recurring-revenue businesses such as systems integration and maintenance services.
  18. FY2016First statedAnnual report

    「In the information systems business, the company will expand high-margin businesses that can be differentiated from competitors, including services, software and internet-related businesses, as well as stable recurring-revenue businesses.」

    The company explicitly identifies services, software, internet-related businesses and recurring-revenue businesses as growth drivers.
Moved together

"Share Buybacks Through Market Purchases" moved the same way as this thread, in the same document, in 8 of its 18 moves.

875444★123456
  1. ★This thread
  2. 1Share Buybacks Through Market Purchases8×
  3. 2Revenue and profit growth in the information systems business driven by online retail and systems integration for schools7×
  4. 3Higher earnings from the car dealership, internet and cable television businesses5×
  5. 4Revenue and profit growth and higher ordinary profit4×
  6. 5Revenue growth and lower operating profit in the Corporate Supply-Related Business4×
  7. 6Foreign exchange loss on foreign currency deposits due to yen appreciation4×

★ 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
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News
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