Development of the IT Business Through Making 株式会社リウコム a Wholly Owned Subsidiary and Support for DX at Regional Companies
First written in FY2023-Q3. 5 of 9 entries say "Advanced", first in FY2024-Q1. Latest entry: 2026-08-14.
Bank of The Ryukyus,Limited moved to the "Worse" side of this theme in 2025.
The whole theme swung hardest in 2023: 1 of 6 companies on the "Worse" side.
0 other companies' latest entry also says "Worsened".
- 2026-08-14WorsenedEarnings
「Segment profit or loss (△) 4,037 263 172 75 △11 4,537 0 4,538 △173 4,365」
First-quarter segment profit for the IT business declined from ¥35 million in the same period of the previous year to a loss of ¥11 million. - FY2026WorsenedAnnual report
「⑤ IT business Ordinary income increased by ¥193 million from the previous consolidated fiscal year to ¥3.716 billion, while segment profit decreased by ¥19 million to ¥81 million.」
While ordinary income in the IT business increased to ¥3.716 billion, segment profit declined by ¥19 million from the previous year to ¥81 million. - FY2026-H1WorsenedAnnual report
「⑤ IT business Ordinary income decreased by ¥102 million year on year to ¥1.633 billion, while segment profit (loss) decreased by ¥119 million to a loss of ¥31 million. This was due to a temporary decline in sales and deterioration in the cost ratio, and full-year segment profit is expected to be positive.」
The IT business swung from segment profit of ¥88 million in the same period of the previous year to a loss of ¥31 million, while revenue declined to ¥1.633 billion. The company explained that this was due to a temporary decline in sales and deterioration in the cost ratio. - FY2025-H1AdvancedAnnual report
「⑤ IT business Ordinary income increased by ¥44 million year on year to ¥1.735 billion, and segment profit increased by ¥89 million to ¥88 million.」
The IT business, centered on リウコム, recorded cumulative ordinary income of ¥1.735 billion and segment profit of ¥88 million for the interim period, with both revenue and profit increasing from the same period of the previous year. - FY2024AdvancedAnnual report
「⑤ IT business Recurring revenue was ¥3.689 billion, up ¥2.337 billion from the previous consolidated fiscal year, while segment profit was ¥131 million, up ¥19 million.」
The IT business, centered on リウコム, recorded full-year ordinary income of ¥3.689 billion and profit of ¥131 million, showing progress in monetization from the previous year. - FY2024-Q3AdvancedAnnual report
「⑤ IT business Ordinary revenue increased by ¥2.538 billion year on year to ¥2.814 billion, and segment profit increased by ¥75 million year on year to ¥80 million.」
The IT business developed following the consolidation of リウコム recorded cumulative ordinary income of ¥2.814 billion and segment profit of ¥80 million through the third quarter, with both revenue and profit increasing from the same period of the previous year. - FY2024-Q2AdvancedAnnual report
「⑤ IT business Ordinary revenue was ¥1.691 billion, and segment loss was ¥1 million.」
Following the consolidation of リウコム, cumulative ordinary income for the IT business for the interim period reached ¥1.691 billion, up from ¥913 million in the first quarter. Meanwhile, the business recorded a segment loss of ¥1 million. - FY2024-Q1AdvancedAnnual report
「Ordinary income increased by ¥1.814 billion year on year to ¥15.680 billion, mainly due to the recording of sales at 株式会社リウコム, which became a consolidated subsidiary on 1 December 2022, and an increase in interest and dividends on securities. ⑤ IT business Ordinary income was ¥913 million, and the segment posted a loss of ¥11 million.」
Following the consolidation of 株式会社リウコム, the IT business was reported as a first-quarter reporting segment, recording ordinary income of ¥913 million. While monetization of the IT business progressed, a segment loss of ¥11 million was also disclosed. - FY2023-Q3First statedAnnual report
「Our bank acquired the shares on 1 December 2022 and made the company a consolidated subsidiary. To contribute to resolving the management challenges of local companies and promoting their adoption of IT by combining the IT capabilities of the former リウコム with our bank's ability to propose solutions based on business viability assessments, we established a newly incorporated company, the new リウコム, to which the former リウコム's IT business was transferred through a company split. After obtaining approval as a company engaged in the advancement of banking business and related activities, we made the new リウコム a wholly owned subsidiary of our bank.」
On 1 December 2022, we acquired 100% of the shares of 株式会社リウコム and made it a consolidated subsidiary at an acquisition cost of ¥2 billion. The company stated that its objective is to contribute to resolving the management challenges of local companies and promoting their adoption of IT by combining its IT capabilities with its ability to propose solutions based on business viability assessments.