JP:4192Stock Price

Market cap
¥9B
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Spider Plus digitalizes construction site operations with SPIDERPLUS, a tablet and smartphone service that helps supervisors manage drawings, inspections, and reports at large-scale building projects.

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Business Overview

Spider Plus is a company with the mission to "create more enjoyment in work." The company aims to improve productivity in the construction industry by offering "SPIDERPLUS," a service that streamlines construction site operations through digital transformation (DX). The service improves operational efficiency by digitizing construction drawings and inspection processes.

"SPIDERPLUS" is a convenient tool for site supervisors managing construction projects using tablets and smartphones. It is primarily used at large-scale construction sites such as buildings and apartment complexes, with general contractors and electrical/HVAC equipment contractors as main users. The service operates on a subscription model, generating recurring revenue.

Spider Plus believes that robust follow-up support is essential for DX service adoption in the construction industry. The company has established a support system where sales staff visit sites directly to conduct site briefings, and customer support teams address client concerns. This approach has resulted in high customer satisfaction and low churn rates.

"SPIDERPLUS" core features include drawing management, photo management, document viewing, and report generation. These functions enable site supervisors to proceed with construction based on the latest drawings, efficiently manage construction photos, and view necessary documents on tablets. The report generation feature allows supervisors to create reports on-site and submit them through the cloud.

"SPIDERPLUS" also includes inspection capabilities that streamline processes for various construction types, including building and electrical work. The "issue management feature" is particularly effective in optimizing quality control and enabling smooth progress tracking with subcontractors. The service also offers integration with various inspection devices and an information-sharing feature called "S+Partner."

Spider Plus plans to continue developing "SPIDERPLUS" features to address the construction industry's evolving DX needs. The company also provides BPO services that handle tasks difficult to manage digitally, supporting overall construction management efficiency. This approach enables efficiency improvements across entire operations, not just digital adoption.

Management Policy

Spider Plus aims to drive digital transformation (DX) in the construction industry and contribute to solving industry challenges. The company's flagship product "SPIDERPLUS" is a SaaS-based construction management service that digitalizes construction site operations and improves productivity.

In its medium-term management plan, the company is strengthening its sales organization and expanding its sales network to develop and penetrate key customer segments. The company is also advancing feature development leveraging construction industry expertise and pursuing non-linear growth through alliances and M&A.

Spider Plus has set ARR (Annual Recurring Revenue) expansion as a management objective. To achieve this, the company is focusing on increasing the number of users, raising contract values, and reducing churn rates. This approach builds a stable revenue foundation and enhances corporate value.

The company prioritizes securing and developing talented personnel, improving technological capabilities, and strengthening sales capabilities. Through these efforts, the company aims to meet DX demand in the construction industry and enhance competitiveness. The company is also working to strengthen internal management systems and establish its brand.

Spider Plus places importance on intellectual property protection and has formulated an intellectual property strategy. This approach aims to maintain competitive advantage and establish DX leadership in the construction industry.