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Money Forward (3994) investor relations material
Money Forward Investor presentation summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Strategic business alliance and business succession
Absorption-type split to acquire the AKASHI cloud-based attendance management system from Sony Biz Networks, effective March 31, 2026, with full funding by loans.
Strategic partnership includes sales and technical alliances to expand market share and enhance value in the back-office domain.
Customer referral partner agreement and technical alliance on SaaS management technology established to leverage both companies' strengths.
AKASHI business overview and market position
AKASHI is a cloud-based attendance management system with advanced compliance, analytics, and integration features, serving 1,468 paying companies and generating ¥600mn ARR as of December 2025.
The attendance management market is forecasted to grow at a 15.3% CAGR through FY2028.
AKASHI supports integration with payroll, labor management, talent management, and other external services, with a strong track record across industries and company sizes.
Product lineup expansion and integration
Acquisition of AKASHI enables full coverage of HR and labor relations products for mid-sized companies, addressing previously unmet needs.
Integration with existing cloud products and rebranding as "Money Forward Cloud Attendance Plus" planned post-succession.
Cross-selling and upselling opportunities are expected to increase ARPA and customer LTV.
- Net sales and profitability exceeded guidance, driven by SaaS ARR growth and AI investments.3994
Q4 202514 Jan 2026 - Record EBITDA and strong ARR growth, with narrowing losses and robust outlook.3994
Q3 202515 Oct 2025 - Strong SaaS and sales growth, record EBITDA, and strategic moves drive robust margin outlook.3994
Q2 202515 Jul 2025 - Net sales and SaaS ARR surged, losses narrowed, and a strategic JV was signed.3994
Q3 202413 Jun 2025 - Net sales surged 41% YoY, SaaS ARR grew 35%, and losses narrowed with a positive outlook.3994
Q2 202413 Jun 2025 - Record SaaS ARR and revenue growth drive margin gains despite ongoing losses.3994
Q1 20256 Jun 2025 - Net sales and SaaS ARR surged, margins improved, and FY2025 outlook remains strong.3994
Q4 20245 Jun 2025
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