(4198) Stock Price

Tenda operates with the mission to "enrich people and society." The company's core business includes developing, maintaining, and operating web systems, websites, and smartphone applications, as well as planning, developing, and operating business products and game content. Tenda provides end-to-end support from development through operation, helping companies improve their operations and strengthen customer engagement.

The company's primary customers are corporations in distribution, manufacturing, and service industries, particularly those seeking to implement or improve e-commerce sites, membership sites, and business systems. Revenue comes from custom development project fees, stable recurring income from maintenance and operation contracts, software product sales, cloud service fees, and in-game monetization from proprietary games.

The business is organized into three pillars: the DX Solutions business, the Techwise Consulting business (including business products), and the Game Content business. In the DX business, Tenda provides engineers through project-based development and lab-style support. In the products business, it offers cloud-based solutions including "Dojo," an automated manual creation tool, and operation navigation features. In the games business, it generates revenue from both operating proprietary titles and contract development.

The company has identified business expansion and improved profitability as top priorities, with clear numerical targets for the near to medium term. Specifically, it aims for revenue of 6 billion yen and net income attributable to parent company shareholders of 266 million yen by May 2026. Over the medium to long term, the company targets increasing SaaS (subscription-based cloud product) revenue to 50% or more by the end of fiscal 2028 and improving return on equity (ROE) to 20% or higher. Shareholder returns will follow a progressive dividend policy tied to profit growth, and the company plans to standardize post-M&A integration (PMI) within 100 days, establishing a stable management foundation across both growth and governance.

The company is prioritizing investment in DX solutions, Techwise Consulting, and proprietary product development. For DX, the strategy centers on integrating the open-source EC platform (EC-CUBE) with the no-code data foundation (JUST.DB), while advancing industry-specific templates, CI/CD (continuous integration and deployment) environments, API standardization, and security enhancements. The company will strengthen its customer success capabilities to support post-implementation adoption. R&D will combine in-house development with external partnerships through hybrid investment. For generative AI, the company aims to establish a specialized team of approximately 20 people and differentiate itself through prompt design that understands business-specific contexts.

The company is executing market expansion and business growth through organizational changes. A June 2024 reorganization established the Techwise Consulting division, accelerating the shift from traditional Notes migration services to higher-value projects leveraging Microsoft services, AI, and BI tools. For proprietary products, the company is advancing "Manual Integration"—automatically generating manuals from diverse information sources—based on the OneDojo concept for the "Dojo Series," targeting SaaS conversion for municipal governments and B2B2X models. In gaming, the company is strengthening both fulfillment operations and IP-based license management, aiming to stabilize revenue foundations through titles already in distribution.

The company positions technological innovation as the source of growth, with active investment in generative AI and cloud-native technologies. It targets simultaneous operational efficiency and improved customer experience through practical AI features such as automated UI generation, form creation, and FAQ responses. Internally, the company is advancing data governance and security standards, including ISMS implementation, personal information protection measures, and cloud security certification review. By rapidly accumulating proofs of concept (PoCs), the company aims to commercialize R&D results quickly and establish competitive advantage through enhanced customer proposal capabilities.