VRAIN Solution, Inc. (135A) Stock Price

VRAIN Solution provides services to the manufacturing industry that use AI and IoT to automate production lines and reduce labor in inspection processes. The company's core offerings are its proprietary AI visual inspection system "Phoenix Vision/Eye" and DX consulting that supports clients from problem identification through operational implementation.

The company's primary customers are manufacturers in the automotive and food sectors, where adoption is accelerating as companies address labor shortages and intensifying global competition. VRAIN Solution maintains a dual revenue structure: high-margin sales of AI systems including equipment, and ongoing project acquisition through DX consulting services. For the fiscal year ending February 2025, the average selling price per unit is approximately 21,797 thousand yen for AI systems and approximately 2,051 thousand yen for DX consulting.

The business operates as a single segment: "Manufacturing DX Business." The AI system integrates software, imaging equipment, and inspection devices offered as a complete package from planning through proposal to implementation. By combining expertise from manufacturing industry veterans with proprietary AI technology and employing both machine learning and rule-based approaches, the company achieves both rapid deployment and high inspection accuracy. This positions VRAIN Solution to expand across multiple production lines within the same company and across multiple factories.

Based on its medium-term management plan (fiscal years 2026–2028), the company aims to drive growth by deepening relationships with existing customers and expanding high-value projects. Specifically, recognizing that current deployments typically involve one production line per factory, the company plans to expand sales by rolling out solutions to additional production lines and factories within the same customer base. As reference metrics, the average selling price in February 2025 was approximately ¥21.797 million for AI systems and approximately ¥2.051 million for DX consulting services. The company is pursuing profitable growth centered on these high-value-added projects.

The company differentiates itself through focused investment in AI visual inspection systems and hands-on DX consulting services. Key strategies include offering software and imaging equipment as an integrated solution and leveraging the expertise of personnel with manufacturing floor experience in sales and consulting to achieve both rapid deployment and high-precision inspection. On the sales side, the company is strengthening recruitment of specialized talent and implementing regular training programs. It has established monitoring systems using metrics such as order backlog and repeat customer revenue to drive increased repeat orders.

The company is actively pursuing new market development and business expansion. Through DX consulting, it identifies customer challenges and develops cross-industry, broadly applicable new solutions. The company plans to expand its service lineup, including solutions under development such as waveform analysis. Domestically, it targets approximately 110,000 manufacturing companies and aims to increase its market share (currently approximately 0.2%). The company is expanding domestic branch offices and is considering full-scale deployment to overseas factories in the future.

The company prioritizes continuous technological innovation and is strengthening research and development centered on AI. Development efforts incorporate field feedback through PDCA cycles to improve inspection accuracy and deployment speed. The company is also investing in internal management and operational infrastructure to build systems capable of supporting large-scale expansion. While evaluating performance using objective metrics such as revenue and operating profit margin, the company aims to enhance competitiveness in both technological capability and operational excellence.