HIMACS,Ltd.【JP:4299】Stock Price

Himax, together with SBS Corporation, provides high-value solutions across the entire system lifecycle of computer software. The business operates as a single value solution service segment, with no separate segment information disclosed.

Himax's business covers the complete system lifecycle, from planning and design through development to post-implementation maintenance. The system lifecycle follows a pattern where planning for the next system begins while the current system is still in maintenance.

The company offers two main services: System Solution Service and System Maintenance Service. The former provides end-to-end support from systemization planning consultation through design, development, testing, and implementation. The latter delivers reliable maintenance for systems in operation.

The maintenance service enables long-term contract retention and accumulation of operational expertise. Through proposal activities for next-generation systems, Himax aims to secure continued orders from the planning stage onward. Himax outsources portions of these services to SBS Corporation.

Himax's fundamental strategy is to provide high-value solutions in the information services industry and enhance customer competitiveness. The company delivers services across the entire system lifecycle and has particular strength in the insurance sector. Leveraging years of operational expertise, it has built a track record in core system development for life insurance companies.

The company has formulated a medium-term management plan called "NEXT C⁴" with the fiscal year ending March 2024 as its first year, aiming for stable and steady growth. Key strategies include expanding contract development business, actively pursuing digital transformation (DX) projects utilizing digital technology, investing in human capital, expanding development personnel, and advancing business and capital partnerships as well as M&A initiatives.

Performance targets for the fiscal year ending March 2026 are set at consolidated net sales of 20,000 million yen and consolidated operating profit of 1,820 million yen. The company aims to expand the sales ratio of DX projects to 25% and maintain ROE at approximately 12% annually. Through these efforts, the company seeks to achieve sustainable growth and enhance corporate value.

Himax is advancing the development and upskilling of DX engineers and has released "Jishanavi," a proprietary product leveraging generative AI. This initiative promotes automation of internal operations and improves quality and productivity. The company continues research into generative AI development platforms and is systematically developing AI engineers.

The company prioritizes sustainability and human capital investment, having set CO₂ emission reduction targets. Based on employee satisfaction surveys, it aims to enhance employee engagement and well-being through promoting flexible work arrangements and improving compensation. Through these efforts, the company contributes to realizing a sustainable and prosperous society.