ARTNER CO.,LTD. (2163) Stock Price

Market cap
¥20.7B
P/E ratio
16.6x
Altna provides technical staffing and engineering outsourcing services, specializing in software development, electrical design, and mechanical design for companies across Japan.

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Business Overview

Altna operates primarily in two business segments: technical staff dispatch services and contract/outsourcing services. In the technical staff dispatch business, the company focuses on design engineers and provides services through bases in Utsunomiya, Yokohama, Nagoya, and Osaka. This business aims to support customers' design and development divisions by providing specialized technical expertise in software development, electrical and electronic circuit design, and mechanical design.

Altna also provides contract and outsourcing services, undertaking design and development projects for client companies. The company primarily operates under dispatch contracts, though it also enters into fixed-price contracts with certain clients. Under dispatch contracts, design engineers work under the direction and supervision of the client company.

Under fixed-price contracts, Altna undertakes projects from client companies, provides work instructions and labor management, and delivers the final deliverables. This arrangement enables client companies to efficiently advance their design and development operations.

Management Policy

Altna aims to be a technical partner supporting the sustainable growth of its clients as an "Engineer Support Company." Under this vision, the company seeks to establish itself as an industry pioneer and gain support from society at large, including clients, shareholders, and employees.

The company's medium-term management plan "Make Value for 2025 to 2029" focuses on building foundations for sustainable growth and next-generation expansion. Specifically, it plans to expand personnel in high-end domains centered on carbon-neutral solutions and improve operational capabilities through contract and outsourced projects.

Altna is also advancing diverse workforce utilization. By promoting the employment of seniors, women, and foreign workers and strengthening partnerships with cooperating companies, the company is executing a strategic shift to respond to changing business environments. This positions the company toward evolution into a comprehensive technical services provider.

In its engineer dispatch business, Altna uses deployed personnel, engineer unit rates, and labor hours as key performance indicators and works to improve these metrics. In particular, it strengthens relationships with automotive manufacturers and semiconductor equipment manufacturers, contributing to faster development cycles.

Altna prioritizes securing and developing excellent engineers. Through improved hiring standards, diverse talent recruitment, and optimized new graduate and mid-career hiring, the company secures personnel aligned with market needs and pursues business expansion. It also enhances training programs to support engineer skill development.

On the sales front, the company strengthens new business development capabilities and proposes engineer selection and team dispatch tailored to client needs. This aims to expand client base and increase engineer unit rates. Additionally, through regular meetings with engineers, the company works to improve motivation and retention rates.

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