ECOMIC CO.,LTD (3802) Stock Price

Market cap
¥2.2B
P/E ratio
19x
Ecomick Corporation provides payroll processing, tax adjustment, and HR software services to businesses, along with custom system development through its subsidiaries.

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Business Overview

Ecomick Corporation operates a BPO business centered on payroll processing outsourcing and year-end tax adjustment outsourcing, as well as other businesses focused on software development. Ecomick runs these operations together with three consolidated subsidiaries.

In the BPO business, Ecomick provides payroll-related services. Specifically, these include "payroll and bonus calculation outsourcing," which handles payroll calculations for client companies, and year-end tax adjustment outsourcing using "Kantan Nenchou" (Simple Year-End Adjustment), which streamlines the year-end adjustment process. The company also provides resident tax collection amount updates and My Number collection services.

Additionally, Ecomick provides system development and attendance and human resources management systems. The company develops customized systems to meet the specific needs of client companies and provides data management systems for attendance tracking and personnel evaluation. These systems are offered on an ASP basis and can be accessed over the network.

As other BPO services, Ecomick handles document reception and data conversion for local tax donation one-stop special exception applications, as well as outsourced discount coupon issuance and verification services for restaurants. Through these services, the company supports operational efficiency improvements for local governments and restaurants.

In other business operations, Bizlight Technology Corporation handles software and hardware development. Through the development of web solutions and business management software, the company meets the needs of client companies. The company also develops "Kantan Nenchou," Ecomick's flagship HR tech product.

Management Policy

Ecomick Corporation is guided by the management philosophy of providing valuable services to customers, with a particular focus on building trust through human resources solutions. Specifically, the company offers payroll processing, year-end tax adjustments, resident tax withholding updates, and attendance and HR system services, with its business centered on BPO (Business Process Outsourcing) operations.

Ecomick anticipates increased demand for outsourcing as the economy is expected to shift toward growth-oriented models that promote sustained wage increases and investment. By leveraging outsourcing as a rationalization and risk mitigation strategy, companies can improve administrative efficiency and concentrate on core operations.

The company's management strategy is to actively propose solutions that support customer productivity and lead the BPO industry. Against the backdrop of technological advances such as generative AI, the company is reviewing business workflows and operational structures, driving workplace transformation through digital transformation (DX).

Ecomick prioritizes accelerating business processes, increasing output volume, improving service quality, and strengthening information management systems. The company is also focusing on securing and developing talented personnel, dispersing disaster risks, and strengthening its sales structure to build a competitive foundation in an increasingly competitive market.

The company targets an operating profit margin of 10% on sales as a key performance indicator, aiming for sustained growth and stable revenue generation. To earn customer trust, Ecomick is committed to enhancing service quality and achieving its management objectives.

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