You can choose a payout cycle for your sales proceeds from weekly (closing every Friday, paid the following Friday) or monthly (closing at the end of the month, paid at the end of the following month). The weekly cycle is available from the start of your use of KOMOJU.
Types of Payout Cycles
| Cycle | Closing date and payout date |
|---|---|
| Weekly payout | Closes every Friday, paid the following Friday (minimum of 5 business days) |
| Monthly payout | Closes at the end of the month, paid at the end of the following month |
After you start using KOMOJU, you can check your next scheduled payout date in "Settlements" in the KOMOJU Dashboard.
- What is the payout cycle and payout date for sales proceeds?
- How to Check or Change the Payout Cycle
If You Want a Cycle Shorter Than Weekly
Can I receive payouts on the next business day or the same day?
Cycles shorter than weekly, such as next-business-day or same-day payouts, are not available. The shortest available cycle is the weekly payout.
Can I receive payouts four or more times a month?
If you would like to receive payouts four or more times a month, you can do so by choosing the weekly payout cycle.
Minimum Payout Amount
If the cumulative total is less than the following amounts, it will be carried over to the next month.
- Domestic account: 1,000 JPY
- Overseas transfer: 30,000 JPY
You can change the minimum payout amount after you start using KOMOJU.
Transfer Fees
- Domestic account (under 30,000 JPY): 220 JPY
- Domestic account (30,000 JPY or more): 410 JPY
- Transfer to an overseas account: 2,500 JPY per transfer
Transfers to Overseas Accounts and Sales in Foreign Currencies
We support transfers to a designated overseas account.
Can I receive sales in foreign currencies in JPY to a domestic account?
You can also have sales in foreign currencies converted to JPY and transferred to a domestic bank account.
About the Sender Name
The sender name for payouts of sales proceeds is printed in your bankbook as "カ）コモジュ" (in katakana). This is a deposit from KOMOJU. You can verify the actual deposit by matching it against the transfer date and amount in "Settlements" in the Dashboard.
Please note that we may make a test transfer of 1 JPY to verify that your registered account is valid.
For transfers to an overseas bank account, the sender name will be "KOMOJU CO.,LTD.".
Next Steps
- Decide on your preferred payout cycle (weekly or monthly)
- After creating your account, set your payout schedule from "Financial" in the KOMOJU Dashboard