IGNIS LTD. (E30698) Stock Price

Ignis is a company focused on planning, developing, and operating smartphone applications, with the mission to "create the next standard. Again and again." The company prioritizes creating new markets rather than following existing ones, developing new businesses based on analysis of user needs and industry structures. Currently, the company operates three core businesses: dating and matchmaking services, VR-enabled live streaming, and smartphone games.

The company's revenue structure varies by business division. The matchmaking business generates revenue primarily through paid membership subscriptions with monthly fees and advertising income. The entertainment technology business earns revenue from in-app item sales within its live streaming app and talent-related income from ticket and merchandise sales. The game business relies on in-app item purchases within smartphone games as its primary revenue source.

The company operates three business divisions: matchmaking, entertainment technology, and games. In the matchmaking business, "with," a dating and matchmaking app supervised by mentalist DaiGo, serves as the flagship service. The entertainment technology business provides the VR live app "INSPIX LIVE" and operates entertainment activities through affiliated talent groups "VOYZ BOY" and "Gakugeidai Seishun." In the game business, the company operates smartphone RPGs such as "Boku to Dragon," though it has also transferred certain titles as part of its business optimization strategy.

Ignis pursues growth across two strategic pillars—a steady, cumulative business and a high-impact business—under its mission to "Create the next normal. Again and again." The company is working to overcome three consecutive periods of operating losses by maintaining and expanding revenue through its matching business while accelerating profitability in its entertainment technology business through focused investment. The company has established revenue and operating profit as key performance indicators and is building a robust, diversified business portfolio that does not depend on any single business.

In the matching business, "with," a dating and marriage app powered by psychology, serves as the core operation. The app's user base is growing steadily, with its revenue contribution rising significantly from 53.2% in the previous period to 77.0%. The online dating and marriage matching service market is projected to reach 106 billion yen by 2025. The company plans to drive growth in both user numbers and top-line revenue through continued, efficient promotional investment. Service enhancement through psychology-based feature development is also emphasized as a key differentiation strategy.

In the entertainment technology business, the company is pursuing vertically integrated operations across two axes: "live platform operations" and "IP discovery, development, and production." The VR live app "INSPIX LIVE" is being upgraded to "INSPIX WORLD," with development underway to add social features as a live-focused virtual space social network. The company is considering global expansion, with particular focus on the Chinese market. As demand for new entertainment technologies has grown amid the COVID-19 pandemic, the company aims to drive medium to long-term performance improvement by establishing a new music market leveraging VR technology.

In response to technological innovation, the company continues investing in cutting-edge technologies including VR, AI, and IoT. With the global AR/VR display device market projected to reach 16.17 trillion yen by 2030, the company prioritizes timely adaptation to new services based on advanced technology and emerging internet devices. The company is also building organizational capabilities to support sustainable business growth by establishing systems and environments that enable employees to maintain performance in remote work settings, aligned with new working practices in the post-pandemic era.