JP:4379Stock Price

Market cap
¥7.4B
P/E ratio
24.9x
Photosynth provides cloud-based smart lock systems and facility management services to help businesses automate their spaces and reduce staffing needs.

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Business Overview

Photosynth's mission is to "create connected manufacturing that brings inspiring experiences into the future." The company operates on a cloud-based authentication platform called "Akerun Access Intelligence" for corporate clients. Leveraging this platform, Photosynth provides HESaaS services under the "Akerun" brand, which utilize smart locks and other IoT devices and software. The company also operates a facility management BPaaS service called "Migakun," which addresses labor shortages by connecting gig workers.

Photosynth operates a Space DX business that promotes unmanned and labor-efficient operations across all types of spaces to address social challenges such as Japan's declining birthrate, aging population, and labor shortages. This business spans diverse sectors including corporations, residential properties, commercial facilities, educational institutions, and municipalities. The company pursues business expansion through maximizing recurring revenue, aiming for sustainable growth.

Photosynth's Space DX business provides technology and solutions that automate and reduce staffing needs for space management in offices, residential buildings, commercial facilities, hospitals, educational institutions, and municipalities. By maintaining a high ratio of recurring revenue, the company aims to maximize sales and ARR while supporting solutions to social challenges.

Photosynth's "Akerun Access Control System" is offered as an HESaaS service combining smart locks with cloud technology, deployed for both corporate and residential clients. The company also provides "Migakun," a facility management BPaaS service utilizing gig workers for corporate clients, supporting efficient space management and addressing various operational challenges.

Photosynth is creating the unmanned and labor-efficient operations market through Space DX by expanding API integrations with Akerun and scaling sales to large enterprises. The company aims to increase sales and ARR while reducing churn rates. Going forward, Photosynth plans to pursue sustainable growth by advancing its Space DX business.

Management Policy

Photosynth provides HESaaS services under the "Akerun" brand, which leverages IoT devices such as smart locks, built on its cloud-based authentication platform "Akerun Access Intelligence" for corporate clients. The company also operates a facilities management BPaaS service through "Migakun," which addresses labor shortages by utilizing gig workers. Through these offerings, Photosynth aims to solve social challenges such as Japan's aging population and labor shortage.

Through its Space DX business, Photosynth promotes automation and labor reduction across diverse industries including corporations, residential properties, commercial facilities, educational institutions, and municipalities. This business pursues recurring revenue maximization to drive sustainable growth. Photosynth supports solutions to social challenges while maximizing revenue and ARR.

Photosynth's "Akerun Access Control System" is offered as an HESaaS service combining smart locks and cloud technology, deployed for both corporate and residential markets. The company also provides "Migakun," a facilities management BPaaS leveraging gig workers for corporate clients, supporting efficient space management. These solutions address various operational challenges.

Photosynth is creating the automation and labor reduction market through Space DX by expanding API integrations with Akerun and increasing sales to large enterprises. The company aims to expand revenue and ARR while reducing churn rates. Going forward, Photosynth plans to pursue growth in its Space DX business and achieve sustainable expansion.