Pro-ship Incorporated (3763) Stock Price

Market cap
¥46.4B
P/E ratio
17.9x
Proship develops and sells package systems for fixed asset management, providing consulting, implementation, and maintenance services to help businesses manage their assets.

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Business Overview

Proship's main business activities include the development and sales of package systems, contract development services, and system operations management. The company operates through a group structure that includes one consolidated subsidiary and one affiliated company.

Proship's business is divided into two main segments. The Package Solutions segment provides comprehensive fixed asset management solutions, which encompass consulting, system implementation, and maintenance services. Proship outsources some package development work to its consolidated subsidiary Proship Frontier and its subsidiary Purakipu Shin Information Systems (Dalian) Co., Ltd.

The Other Business segment primarily handles the purchase and resale of software products as well as their operations management. Through these operations, Proship delivers solutions that address diverse customer needs and supports their business objectives.

Management Policy

ProShip operates under the core philosophy of "Speciality for Customer," deploying expertise in specific sectors of information systems and services in global markets. The company aims to contribute to enhancing customer corporate strength and competitiveness while fulfilling social responsibility. The organization prioritizes transparency and governance while promoting activities characterized by originality and agility.

Through its medium-term management plan "Be Hybrid 2028," ProShip targets an operating profit margin exceeding 30% from 2025 to 2029. By 2029, the company aims for operating profit per employee exceeding 10 million yen, with annual average growth rates set at 17.1% for revenue and 19.1% for operating profit. These targets are designed to enhance corporate value.

ProShip provides business application systems as hybrid system solutions, aiming to maximize the return on system investments for customers. In particular, "ProPlus Fixed Asset System" has received high evaluation from listed major enterprises and mid-sized companies, with plans to continue market expansion. The company is also advancing version upgrades for new products and adapting to new lease accounting standards.

In the information services industry, as DX and AI utilization advance, ProShip is strengthening the provision of high-value-added products and services. The company will maximize the brand value of "ProPlus" and pursue market penetration among listed major enterprises and mid-sized growth companies. This approach addresses the importance of global management and creates differentiation.

ProShip prioritizes the acquisition and development of talented personnel. Through restricted stock award programs and enhanced education and training systems, the company is strengthening its sales and development operations. Additionally, ProShip is advancing compliance with new lease accounting standards and IFRS, with plans to release the new solution "ProPlus+" in 2024. These efforts establish a framework to meet diverse customer needs.

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