TRaaS On Product Inc.
6696・Growth Market・Electric Appliances
TRaaS Business
Strategic core segment centered on SaaS monthly subscription-type services built on a foundation of BtoB-oriented IoT product manufacturing
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (Q1 cumulative) | ¥31 million (¥30,572 thousand of ¥74,996 thousand) | ¥143 million (full year, prior period) | ↓ |
| Segment profit (gross profit basis, Q1 cumulative) | ¥15 million (¥14,744 thousand) | ¥69 million (full year, prior period) | ↓ |
| Segment profit margin (Q1 cumulative) | 48.2% | 48.2% (prior full year) | — |
Business Details
Provides SaaS services originating from fabless, self-designed IoT products for the BtoB market. Main products are three pillars: the digital signage platform "CELDIS," the DX product for retail stores "Tenpo no Hoshi," and the AI-powered power reduction solution "AIrux8." The company is promoting a shift toward a recurring monthly subscription revenue model while using technology to eliminate the upfront cost burden of physical products. Management resources are being intensively allocated to this segment as the Group's strategic core.
Recent Overview
Despite completion of AIrux8 installation at JA Yamanashi Kosei Ren facilities, revenue declined due to the reversal of initial installation revenue from the prior-period major mobile carrier project
In Q1 of FY2027 (ending January 2027) (February to April 2026), the completion of installation of the AI-powered power reduction solution "AIrux8" at facilities operated by JA Yamanashi Kosei Ren in March 2026 contributed to revenue growth. However, this was offset by a reversal effect from the initial installation revenue for "CELDIS" at approximately 2,000 major mobile carrier shop locations that was recorded in the prior period, resulting in an overall decline in revenue for the TRaaS Business. Revenue was ¥31 million (¥30,572 thousand), and segment profit was ¥15 million (¥14,744 thousand). The accumulation of monthly subscription revenue for "CELDIS" is now in full swing, and development of the "customer review app" for "Tenpo no Hoshi" continues.
Key Products
Growth Drivers
- Continued accumulation of monthly subscription revenue following the completion of "CELDIS" installation at approximately 2,000 major mobile carrier shop locations
- Expansion of projects through the evolution of "AIrux8" into an AI-powered DX solution platform for solving customer challenges and the establishment of collaboration frameworks with specialized partners
- Acceleration of "Tenpo no Hoshi" expansion into new overseas markets and domestically, and continued development of the "customer review app" (an add-on feature for existing membership apps)
- Expansion into the medical and welfare fields, starting with the completed installation of "AIrux8" at JA Yamanashi Kosei Ren facilities
Risks
- Risk of quarterly revenue volatility due to the reversal effect from the large-scale initial installation project in the prior period (which materialized in Q1 of the current fiscal year)
- Small revenue scale and continued upfront investment burden during the transition period to the SaaS monthly subscription model
- Risk of project timelines lengthening and revenue recognition delays as "AIrux8" evolves into a DX solution platform
- Impact of foreign exchange fluctuations and geopolitical risk on overseas expansion ("Tenpo no Hoshi")
- Risk of delays in establishing collaboration frameworks with specialized partners
Last updated: April 22, 2026