Sales stagnation as the existing package software market matures
First written in FY2016. 11 of 27 entries say "Restated". Latest entry: FY2026.
Pca moved to the "Worse" side of this theme in 2019.
The whole theme swung hardest in 2025: 4 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Restated".
- FY2026RestatedAnnual report
「Across the business applications market, new demand is declining and demand is centered on replacement purchases by existing users, as products have become widely adopted and the number of small and midsize companies has declined.」
The company continues to recognize that the on-premises market is mature, new demand is declining, and demand is centered on replacement purchases. Following the end of sales of the packaged version, it is advancing the shift to cloud and subscription services. - FY2025WorsenedAnnual report
「Products (conventional software) 596 3.7 48.8」
Full-year revenue from conventional software was ¥596 million, down from ¥1,222 million in the previous fiscal year. The figures show that sales of existing products continued to contract after sales of the packaged version ended. - FY2025-H1RestatedAnnual report
「Products (conventional software) 299,300 3.9 △58.1」
Revenue from conventional software for the interim period was ¥299.300 million, down 58.1% year on year. The figures show that sales of existing products continued to stagnate even after sales of the packaged version ended. - FY2024AchievedAnnual report
「Against this backdrop, as a vendor of subscription-based core business systems, we decided to end sales of the packaged version of PCA Software that we provide at the end of March 2024, and to end support in March 2029, in order to focus our development and support resources on subscription services.」
The previously decided discontinuation of sales of the packaged version of PCA Software took effect at the end of March 2024. Support is scheduled to continue through March 2029, and the response to the package market has shifted from continuing sales to concentrating resources on subscriptions. - FY2024-Q3ReframedAnnual report
「Against this backdrop, as a vendor of subscription-based core business systems, we decided to end sales of the packaged version of PCA Software that we provide at the end of March 2024, and to end support in March 2029, in order to focus our development and support resources on subscription services.」
The response to the maturity and sales stagnation of the package product market has shifted from continuing sales and capturing replacement demand to ending sales and support for the packaged version and concentrating resources on subscription services. - FY2024-Q2Increase in product revenue driven by the price revisionAnnual report
「Products (conventional software) 713,500 10.1 28.1」
Revenue from conventional software was ¥713.500 million, up 28.1% year on year. The results explanation attributed the increase to the price revision and other factors, describing it as an increase driven by factors including the price revision rather than a structural recovery in the mature market. - FY2024-Q1Temporary increase due to replacement demand ahead of the price revisionAnnual report
「Against this backdrop, the Group's results for the three months ended included revenue of ¥3,387.324 million, up 14.7% year on year; operating profit of ¥428.170 million, up 38.5%; ordinary profit of ¥436.536 million, up 38.4%; and profit attributable to owners of the parent of ¥266.551 million, up 86.9%, driven by replacement demand ahead of the price revision and an increase in cloud service users, among other factors.」
For conventional software, which had been identified as facing maturity and stagnation, product revenue for the first quarter was ¥349.769 million, up 45.1% year on year due to replacement demand ahead of the price revision. This was described as a temporary increase due to demand ahead of the price revision, rather than a structural recovery in the market. - FY2023RestatedAnnual report
「Across the business applications market, new demand is declining and demand is centered on replacement purchases by existing users, as products have become widely adopted and the number of small and midsize companies has declined.」
The company continues to recognize that the on-premises market is mature, new demand is declining, and demand is centered on replacement purchases. As replacement demand for the PCA X Series declined, product revenue was ¥1,149.014 million, down 61.1% year on year. - FY2023-Q3RestatedAnnual report
「Against this backdrop, due to a decline in replacement demand for the PCA X Series, whose support ended in December 2021, the Group's results for the nine months ended included revenue of ¥9,533.593 million, down 6.0% year on year.」
Against a backdrop of declining replacement demand for the PCA X Series, conventional software revenue was ¥865.680 million, down 64.9% year on year. Continued stagnation in on-premises product sales is reflected in the figures. - FY2023-Q2RestatedAnnual report
「Products (conventional software) 557,027 9.0 △67.6」
Revenue from conventional software for the six months ended was ¥557.027 million, down 67.6% year on year. Including the reversal of replacement demand in the prior-year period, continued stagnation in on-premises product sales is reflected in the figures. - FY2023-Q1WorsenedAnnual report
「Against this backdrop, due to a decline in replacement demand for the PCA X Series, whose support ended in December 2021, the Group's results for the three months ended were revenue of ¥2,954.464 million, down 11.2% year on year; operating profit of ¥309.210 million, down 68.3%; ordinary profit of ¥315.493 million, down 68.0%; and profit attributable to owners of the parent of ¥142.622 million, down 76.8%.」
As replacement demand associated with the end of support for the PCA X Series declined, conventional software revenue was ¥241.087 million, down 74.2% year on year. The reversal of the temporary boost from replacement demand was reflected in lower results. - FY2022-Q3RestatedAnnual report
「Against this backdrop, revenue for the nine months ended increased substantially, driven by product revenue from replacement demand for the PCA X Series, whose support was scheduled to end in December 2021.」
The report continued to describe an increase in product revenue for the nine months ended due to replacement demand associated with the end of support for the PCA X Series. This was treated as temporary demand separate from the structural maturity of the on-premises market. - FY2022-Q2RestatedAnnual report
「Against this backdrop, revenue for the six months ended increased substantially, driven by product revenue from replacement demand for the PCA X Series, whose support was scheduled to end in December 2021.」
The report again describes replacement demand associated with the end of support for the PCA X Series and an increase in product revenue for the six months ended, following the first quarter. Product revenue was 136.2% of the prior-year period. - FY2022-Q1Emergence of replacement demand for the PCA X SeriesAnnual report
「Against this backdrop, revenue for the first quarter of the fiscal year increased substantially, driven by product revenue from replacement demand for the PCA X Series, whose support was scheduled to end in December 2021.」
Against the stagnation in on-premises product sales, replacement demand arose ahead of the end of support for the PCA X Series in December 2021. However, it is described as a temporary increase due to replacement demand for a specific product, rather than a structural change in the mature market. The unlabelled numerical table shows conventional software revenue up 204.2% year on year. quantified was set to true and materialized to false. - FY2021WorsenedAnnual report
「Across the business applications market, new demand is declining and demand is centered on replacement purchases by existing users, as products have become widely adopted and the number of small and midsize companies has declined. Accordingly, it is becoming important to provide new products and services from a fresh perspective ahead of competitors, rather than merely offering product functionality improvements.」
For the on-premises market, the company again explicitly identifies declining new demand, demand centered on replacement purchases, and the diminishing impact of new product launches as priority issues, reinforcing its recognition of market stagnation. - FY2021-Q3RestatedAnnual report
「Products (conventional software) 1,176,499 12.5 △52.9」
Revenue from conventional software for the nine months ended was down 52.9% year on year, continuing to reflect the maturity of the product market and stagnating sales. - FY2021-Q2WorsenedAnnual report
「Products (conventional software) 727,386 12.2 △60.5」
Revenue from conventional software for the six months ended was down 60.5% year on year, indicating numerically that the on-premises product market is mature and sales are stagnating. - FY2020-Q2Temporary increase in demand due to regulatory changesAnnual report
「At the company, demand for software upgrades through the end of September 2019 increased significantly because the amendments to consumption tax and related taxes took effect as scheduled in October 2019.」
For the mature on-premises market, the company describes a significant increase in demand for software upgrades through the end of September 2019 due to the amendments to consumption tax and related taxes. This is positioned as an increase in demand resulting from regulatory changes, rather than an easing of structural market maturity. - FY2019WorsenedAnnual report
「Across the business applications market, new demand is declining and demand is centered on replacement purchases by existing users, as products have become widely adopted and the number of small and midsize companies has declined. On-premises products are squarely in the maturity phase.」
The company explicitly states that the on-premises product market is mature, with new demand declining and demand centered on replacement purchases. - FY2018RestatedAnnual report
「As the first issue to be addressed by the Group, we identify the need to respond to the stagnation in product sales momentum in the existing package software market.」
The company continues to identify stagnating product sales, against a backdrop of saturation in the existing package software market, as its primary issue. - FY2018-Q3MitigatedAnnual report
「Meanwhile, sales of new products and version upgrades of on-premises, or conventional, software increased year on year after the new DX Series, the first new product in 6 years, was launched in the fourth quarter of the previous fiscal year.」
Following the launch of the DX Series, year-on-year growth in sales of new products and version upgrades continued, reaffirming the improvement in stagnating on-premises product sales. - FY2018-Q2MitigatedAnnual report
「Meanwhile, sales of new products and version upgrades of on-premises, or conventional, software increased year on year after the new DX Series, the first new product in 6 years, was launched in the fourth quarter of the previous fiscal year.」
The company states that sales of new products and version upgrades increased year on year following the launch of the DX Series, indicating an improvement in the stagnation of on-premises product sales. - FY2017RestatedAnnual report
「As an issue to be addressed by the Group, we identify the need to respond to the stagnation in sales momentum, particularly for new products, as the market for existing business package software has become increasingly saturated with on-premises, or conventional, products.」
The company continues to identify market saturation for on-premises products and stagnating sales of new products as major issues. - FY2017-Q3WorsenedAnnual report
「In addition, major business software vendors are increasingly introducing cloud services, and we recognize that the shift from packaged products for on-premises, or conventional, software to cloud services is accelerating.」
Although PC shipments are showing signs of recovery, the company recognizes that the shift away from on-premises packaged products is accelerating as major business software vendors increasingly introduce cloud services. - FY2017-Q2WorsenedAnnual report
「By contrast, sales of new on-premises products, meaning conventional software, and version upgrades have declined as a result of the shift to the cloud.」
The company explicitly identifies a decline in sales of new on-premises products and version upgrades as the shift to the cloud progresses. - FY2017-Q1RestatedAnnual report
「Although product shipments at the Group have continued to stagnate in line with the year-on-year decline in desktop PC shipments, the shift to cloud services is steadily progressing,」
The company explains that product shipments have continued to stagnate alongside the year-on-year decline in desktop PC shipments. - FY2016First statedAnnual report
「As the first issue to be addressed by the Group, we identify the need to respond to the stagnation in product sales momentum in the existing package software market. This reflects a decline in the momentum of new product sales as the market has become increasingly saturated, particularly for standalone products designed for use on a single PC.」
The company explains that, as the market has become increasingly saturated, momentum in new sales of standalone products has declined.