TOKYO, Apr 10 (Pulse News Wire) – Cocolive Inc. (137A.T) reported its third quarter sales for the fiscal year ending May 2026, which came in line with revised forecasts released on January 9.
However, operating profit, ordinary profit, and net income fell below budget expectations due to increased costs associated with office relocation and enhanced development efforts. Despite stable recurring revenues and low customer churn rates, growth was slower compared to previous quarters. The company continues to leverage its customer base by enhancing iPaaS integration and expanding AI functionalities.
It plans to develop more user-friendly tools and additional options to support continuous revenue growth. Additionally, Cocolive decided to repurchase shares to improve capital efficiency and flexibility in future investments. The share buyback program will commence on April 13, 2026 and run until January 31, 2027, targeting up to 150,000 shares, representing 4.9% of outstanding shares.
As of February 2026, the company had 1,172 customers, generating a monthly recurring revenue (MRR) of ¥112 million, with a monthly churn rate of 1.34%.
🟡 Confidence: Standard AI-translated content.