AltPlusInc. (3672) Stock Price

Altplus is an entertainment and solutions company that specializes in planning, developing, and operating online games for smartphones. The company also provides service development for corporate clients and offers technology and talent support to gaming companies. Its games are primarily distributed through app marketplaces using a free-to-play model with optional in-game item purchases.

The company serves two customer segments: individual players and corporate clients. Revenue from players comes primarily through in-game purchases, while corporate clients generate income through contract fees from commissioned and joint development projects. Technology and talent support services provide stable revenue through staffing and outsourcing arrangements.

The gaming business is the core of operations, consisting of self-published titles that the company plans and operates, commissioned titles where the company handles operations for other publishers, and development outsourcing projects. Altplus manages multiple active titles, including "Hypnosis Mic -Alternative Rap Battle-," "Everybody Shogi," and "The Night Before Oblivion." The company advances service development through commissioned and joint development projects, deploys skilled personnel through its subsidiary STAND, and promotes talent development through partnerships with regional offices.

Alt Plus operates under the purpose of "creating a world filled with smiles." The company positions revenue and operating profit as key management indicators for the medium to long term, aiming to secure and stabilize business scale and revenue foundations. Recently, the company has reported an operating loss of 472.294 million yen, an ordinary loss of 442.449 million yen, and a net loss of 434.656 million yen. To stabilize its business and financial foundations, Alt Plus is targeting early profitability. The company has set a clear goal of improving its revenue structure and recovering operating profit through the acquisition of new revenue opportunities.

The primary investment focus is the core game business, centered on planning, developing, and operating online games for smartphones. Beyond the free-to-play model with in-app item purchases as the revenue source, the company secures stable cash flow through contract revenue and revenue sharing from commissioned development, operational outsourcing, and joint development, as well as dispatch and contract income from technology and human resource support. As a differentiation strategy, the company actively acquires major intellectual properties (IPs) both domestically and internationally, pursuing high profitability through layered game development and commercialization. The company is enhancing revenue capabilities by leveraging expertise from operating titles such as "Hypnosis Mic -Alternative Rap Battle-," "Everybody Shogi," and "The Night Before Oblivion."

For new market development and business expansion, the company prioritizes expanding corporate services and regional partnerships. By accumulating commissioned and joint development projects, it builds a stable order base. Through its subsidiary STAND, the company strengthens human resource development and supply via dispatch of skilled personnel and collaboration with regional offices. Additionally, by acquiring rights to domestic and international IPs, the company expands entry into overseas markets and commercialization opportunities, aiming to diversify business and stabilize revenue foundations by capturing peripheral products and license income beyond games.

Regarding technological innovation, the company focuses particularly on game development and service development utilizing new technologies such as artificial intelligence (AI). The company is securing and developing technical talent, investing in system infrastructure strengthening and operational stability, and maintaining and reinforcing management systems through Information Security Management System (ISMS) to enable joint development and commissioned work with other companies. Through strengthening technology, human resources, and governance, Alt Plus aims to achieve early profitability and sustainable growth.