ATLED CORP.JP:3969Stock Price

Market cap
¥10.5B
P/E ratio
13.4x
Aitred develops workflow software that digitizes and automates business processes for companies of all sizes through products like X-point and AgileWorks.

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Business Overview

Aitred's primary business is the development and sale of workflow products. The company's management philosophy is "to facilitate connections between people, work, and organizations, and to co-create a future filled with growth and smiles." Workflow products are tools that digitize and streamline business processes through efficiency improvements and automation.

Aitred's workflow products are offered as custom development solutions, add-on features to groupware and ERP products, standalone packaged software, and cloud services. Major products include the packaged software "X-point" and "AgileWorks," as well as the cloud services "X-point Cloud" and "AgileWorks Cloud Edition."

"X-point" is a workflow product that leverages Java technology to provide intuitive input forms. It enables approval workflow configuration tailored to corporate internal systems, supports smart devices, and allows system integration. New license sales ended in March 2022, and the company currently provides only support and additional license sales.

"AgileWorks" is a product developed based on X-point's functionality for large-scale organizations. Key features include support for organizational restructuring and personnel changes, multilingual capabilities, and add-on-based system integration. The primary target market is mid-sized to large enterprises.

"X-point Cloud" is a cloud-based version of the packaged software X-point, targeting small to mid-sized companies. It requires no infrastructure investment, enables rapid deployment, and eliminates the burden of version upgrades.

"AgileWorks Cloud Edition" is a highly scalable cloud service targeting mid-sized to large enterprises. It requires no infrastructure investment, reduces system maintenance costs and effort, and supports flexible work arrangements.

Aitred provides products adapted to Japanese business processes and adopts a policy of minimal customization. The company has built a sales structure leveraging partner companies and operates a nationwide distribution network. Partner tiers include Platinum, Gold, Silver, and Alliance partners, each providing support according to their respective roles.

Management Policy

Aitred aims to expand sales of its core products "AgileWorks" and "X-point Cloud" against the backdrop of growing workflow and cloud services markets. Through this strategy, the company seeks to establish a highly profitable business foundation and maintain steady growth.

To respond to rapid changes in the IT industry, the company is strengthening product features and expanding its service offerings. In particular, it secures competitive advantage by providing user-friendly interfaces and non-customizable products that can be deployed quickly. This approach aims to improve customer satisfaction and strengthen market position.

Aitred is also focusing on strengthening its sales structure and raising brand awareness. The company is developing new sales partnerships while deepening relationships with existing partners, and increasing visibility through web-based seminars. These efforts are designed to further expand market reach and sustain growth.

Additionally, the company is advancing workplace reform and digital transformation initiatives. It has implemented flexible work arrangements and created a work environment with improved work-life balance. Through these measures, the company aims to promote digital transformation, increase awareness of workflow solutions, and support enterprise growth.