(7088) Stock Price

Forum Engineering is a company established in 1981 that primarily provides engineer dispatch services. Engineer dispatching is the company's main business, accounting for 98.8% of sales for the fiscal year ending March 2025. Forum Engineering dispatches 4,486 engineers to 1,376 business locations, targeting eight major sectors in machinery and electrical equipment manufacturing.

Forum Engineering's engineer dispatch service places engineers in roles such as design and development, testing and evaluation, production technology, and quality assurance. Dispatched engineers are employed as full-time staff and are assigned to positions within commutable distance, providing a stable work environment.

Key features of Forum Engineering's engineer dispatch service include department-level customer management, a skill-based direct matching system called "Cognavi," and proprietary recruitment channels. These capabilities enable the company to quickly provide engineers that meet customer needs.

Forum Engineering also operates engineer placement and other services. Through the "Cognavi" service in particular, the company visualizes engineer skills and streamlines the matching process between client companies and engineers, achieving optimal matches for both employers and job seekers.

The "Cognavi" service offers four service lines: engineer dispatch, career change placement, new graduate hiring, and college programs. This business model enables Forum Engineering to support engineers' entire career development. The company specifically covers employment support, career transitions, and education for science and engineering graduates.

Forum Engineering operates as a single business segment focused on engineer dispatch and placement services, utilizing the skill-based direct matching system "Cognavi." This approach enables the company to accurately match client company and engineer needs, delivering efficient human resources services.

Forum Engineering is pursuing a growth strategy in anticipation of changes in the engineer talent market. The company has adopted the mission "Connecting Skills to the World" and envisions comprehensive integration of the electromechanical engineering sector with technology-driven matching efficiency. Through this approach, the company aims to meet the needs of both job seekers and hiring companies.

The company has developed its proprietary skill-matching platform "Cognavi" through early investment in ICT. This platform comprehensively captures the flow of engineer talent across all stages and provides services that address client company needs. Going forward, the company plans to expand its revenue base through these services.

Forum Engineering is concentrating management resources on electromechanical engineer talent services, strengthening high-margin engineer dispatch services and career support services for science and engineering students. Through these efforts, the company aims to drive revenue growth and achieve sustainable expansion.

The company prioritizes revenue, operating profit, and ROE as key indicators for assessing profitability. It also tracks the number of active engineer dispatch placements as an important metric to evaluate progress toward revenue targets. This approach enhances operational efficiency and profitability.

Forum Engineering is considering domestic and international business expansion, with particular focus on growth in the Indian market. In India, the company is developing and operating an engineer-dedicated job portal site to connect Japanese companies with talented Indian professionals. Through this initiative, the company is pursuing global growth.