Ekitan&Co.,Ltd. (3646) Stock Price

Market cap
¥2.4B
P/E ratio
Ekitan provides real-time transit information and timetable services through Ekitan.com while operating advertising platforms and business incubation services.

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Business Overview

Ekitan operates under the business concept "From the Stations~Start from the Stations~" through seven consolidated subsidiaries. Ekitan aims to realize a "Regional Marketing Platform (RMP)" that connects the needs of local residents with services, centered on information content services that provide real-time transit guidance, timetable information, and operational updates for public transportation.

Ekitan's business is divided into three segments: Mobility Support, Ad Distribution Platform, and M&A/Incubation. The Mobility Support segment includes paid subscription services and ad space sales on "Ekitan.com," content provision to third-party portal sites, and transit guidance ASP services provided to mobile carriers and railway companies.

The Ad Distribution Platform segment leverages Ekitan.com's business assets to handle in-house media advertising and affiliate advertising, internet ad brokerage sales through Proud Engine Inc., and marketing ASP sales provided by Otoo Inc.

The M&A/Incubation segment conducts investment activities through Ekitan I&I and manages system-related operations (development, maintenance, and SES), as well as staffing services through subsidiary companies Growth and Communications Inc., Cybernet Inc., and ITJ Inc. Through these operations, Ekitan provides diverse services across multiple business areas.

Management Policy

Ekitan has adopted a vision to "create new services that don't yet exist in the world and contribute to society." Under this vision, the company has adopted the business concept "From the Stations," aiming to connect local residents and businesses through public transportation. In particular, the company is focused on providing services that address social issues by leveraging MaaS (Mobility as a Service).

At the center of the company's growth strategy is the "Regional Marketing Platform (RMP)" initiative. This initiative aims to connect the needs of local residents with business services and create new revenue streams. Through strengthening RMP media and expanding solutions, the company is working to increase advertising revenue and improve usability, thereby reinforcing its revenue base.

Additionally, Ekitan is strengthening its business portfolio through M&A and alliance strategies. The company is advancing partnerships with companies that possess new skills and business assets, incorporating revenue-generating businesses into the group to accelerate overall growth. This approach ensures stable revenue and supports sustainable growth.

Furthermore, the company is investing in talent acquisition and development. It is recruiting personnel with rich experience and high-level skills and implementing training initiatives to enhance employee capabilities. Through establishing remote work environments and improving evaluation systems, the company is creating an environment where employees can maximize their abilities and strengthening the competitiveness of the entire organization.

Finally, Ekitan is working to strengthen its group governance structure. In response to increased operations accompanying business expansion, the company is improving internal control mechanisms to strengthen corporate governance across the group and build a foundation supporting sustainable growth.

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