JP:3682Stock Price

Market cap
¥4.7B
P/E ratio
21.3x
Develops security software and cloud solutions for enterprises, plus provides consulting and on-site IT management services to strengthen operational controls.

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Business Overview

Encourage Technology operates primarily in the packaged software business. This business focuses on developing and selling packaged software products that address security measures and internal control strengthening. Through these offerings, the company supports enterprises in enhancing information security and improving operational efficiency.

The company also provides maintenance and support services, including product updates, Q&A support for product usage, and product information delivery. These services ensure customers can use the products with confidence.

Encourage Technology also focuses on cloud services, developing and selling products that support cloud-based solutions and time-limited usage models. This enables customers to build flexible IT environments.

Additionally, the company offers consulting services, including installation, training, and advisory services related to product implementation. Through these services, the company delivers customized solutions tailored to customer needs.

Finally, Encourage Technology provides SIO on-site services. This is a business outsourcing service in which the company stations personnel at customer facilities to manage IT control operations using the company's products. This supports customers' IT operations.

Management Policy

Encourage Technologies has established "VISION2030" as its growth strategy, setting a long-term vision through 2030. Under this vision, the company aims to create new value in system operations fields such as privileged ID and audit trail management, while expanding cloud services and consulting service offerings.

The company positions its first medium-term management plan from 2025 to 2027 as an "investment phase." During this period, it will secure revenue through sales of existing products while actively investing in new product development. The company aims to achieve license sales targets and improve maintenance renewal rates to prepare for the next growth phase.

Encourage Technologies also prioritizes securing and developing talented engineers for sustainable growth. By leveraging diverse talent and improving employee engagement and productivity, the company seeks to expand its business. In particular, it is enhancing organizational diversity and flexibility through promoting women's advancement and establishing new human resources systems.

Additionally, the company is reviewing compensation to create a workplace where employees can work with confidence. Amid concerns about IT talent shortages, the company aims to secure top talent by offering competitive wages. Through these initiatives, Encourage Technologies seeks to achieve sustainable growth and contribute to the development of ICT society.