TRaaS On Product Inc. [6696.T]
TOKYO, Apr 16 (Pulse News Wire) – TRaaS On Product Inc. (6696.T) reported revenue growth of 18.1% for the fiscal year ending January 2026, reaching ¥485 million compared to ¥411 million in the previous year.
The company attributed the increase primarily to the completion of CELDIS installations across approximately 2,000 major carrier shops, contributing significantly to monthly subscription revenues. However, challenges such as semiconductor shortages impacted certain large-scale STB projects, causing some sales to shift to the next fiscal year. Additionally, the company recorded impairment losses related to the strategic realignment of the AIrux8 project, which aimed to transform it into a customer-focused DX solution platform.
Despite these setbacks, the company expects continued growth driven by its strong partnerships and innovative solutions. For the fiscal year ending January 2027, TRaaS On Product forecasts revenue growth of 10.3%, reaching ¥535 million. Key drivers include sustained demand in hospitality markets and contributions from newly integrated subsidiaries.
The company remains optimistic about expanding its IoT product offerings and leveraging technological advancements to maintain competitive pricing and vertical integration within its supply chain.
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