Perpetuals.com Ltd is a blockchain-based technology company incorporated in Japan. The firm develops and provides services based on its proprietary Grid Ledger System (GLS) to apply blockchain technology in various business settings such as advertisement tracking, online visitor management, and the creation and sale of non-fungible tokens. It operates within the blockchain technology industry, targeting sectors including information technology, metaverse, advertisement, real estate, telecommunication, and entertainment. Perpetuals.com Ltd aims to optimize business operations through its technology, emphasizing a data-centric future where blockchain delivers efficiency, security, and reliability.

Perpetuals.com Ltd generates revenue from three primary activities: software and system development services, consulting and solution services, and the sale of non-fungible tokens. Through its software and system development business, the company creates customized blockchain-based systems for clients that wish to leverage digital assets for new ventures. Its consulting and solution division assists customers in updating existing data infrastructure, adding functions, and transforming business processes. Although the company previously earned revenue from NFT sales, it reported no such income in the most recent fiscal year as it shifted focus to its core software development line. The firm’s customer base spans a variety of industries, notably information technology, metaverse, advertisement, real estate, telecommunication, and entertainment.

Perpetuals.com Ltd positions itself as one of the few Japanese firms capable of commercializing blockchain technology. It claims a competitive edge through its proprietary GLS, which offers transaction approval times as low as 0.016 seconds, far surpassing the speeds of conventional blockchains such as Ethereum or Bitcoin. The system also provides greater real-time data processing by employing a definite consensus algorithm, enabling finality that reduces the risk of transaction reversals. Additionally, Perpetuals.com Ltd benefits from a flexible fee structure derived from its private blockchain, allowing it to adapt pricing to client needs. The company highlights wider business applications for GLS, citing use cases in stablecoins, carbon offset, advertising, supply chain, energy, trade logistics, and insurance, which it believes traditional blockchains cannot support effectively. While it anticipates future competition as the market expands, its current technological advantages help differentiate it from rivals.

Perpetuals.com Ltd serves a diverse range of customers across multiple sectors, including information technology firms, metaverse platforms, advertising agencies, real estate developers, telecommunication providers, and entertainment companies. Its client roster includes both early-stage venture enterprises and established multinational corporations, reflecting a broad appeal of its blockchain solutions. Although the filing does not disclose specific customer names, it notes that a small number of accounts contribute a significant portion of total sales, indicating reliance on key relationships.