Japan Communications Inc. (9424) Stock Price

Japan Communications provides primarily mobile communication services and mobile solutions. These services are deployed in Japan and the United States, utilizing mobile communication networks operated by mobile carriers.

Mobile communication services include MVNO (Mobile Virtual Network Operator) and MVNE (Mobile Virtual Network Enabler) operations. In the MVNO business, the company offers SIM cards to individual consumers under brands such as "Japan Communications SIM" and "b-mobile," providing mobile communication services. In the MVNE business, the company provides mobile communication services to partner MVNOs.

Mobile Solutions (MSP business) are deployed in Japan and the United States. In Japan, the company provides mobile solutions to corporate customers, MVNOs, financial institutions, and payment service providers. In the United States, JCI US Inc. leverages Verizon Wireless's network to provide mobile solutions to financial institutions and other clients.

Japan Communications offers diverse mobile solutions including dedicated mobile lines, dual-network products, and SIMs for local 5G. Through these offerings, the company delivers communication services tailored to the needs of corporate customers and partners.

Japan Communications is strengthening its mobile communication services and mobile solutions services as part of its growth strategy. In particular, the company is focusing on providing a new communication infrastructure utilizing the digital ID technology "FPoS," which has been recognized by the Financial Services Agency. The company aims to provide 100 million electronic certificates by 2034.

The company plans to begin voice and SMS network interconnection with NTT DoCoMo in 2026, enabling new service offerings. By 2034, it targets providing 10 million lines, with projected domestic revenue of 240 billion yen and net profit of 36 billion yen. To achieve this, the company is expanding its customer base and establishing FPoS as a recognized solution.

For mobile communication services, the company is accelerating growth of "Japan Communications SIM" through television commercials and internet advertising to increase brand awareness. It is also strengthening competitiveness by increasing data capacity while maintaining current pricing. These efforts have resulted in high ratings in customer satisfaction surveys.

In the mobile solutions business, the company aims to expand into the Japanese market based on its track record in the United States. It is particularly focusing on local 4G/5G services, advancing deployment to education and telemedicine networks in Utah. This allows the company to accumulate technology and expertise for future expansion in Japan.

In the FPoS business, as the importance of digital ID grows, the company provides digital ID services available on smartphones. Through the introduction of "Mebuku ID" and "Mebuku Pay" in Maebashi City, the company contributes to local communities. This effort aims to help address social challenges.

Japan Communications prioritizes ensuring fair competition and advancing its MVNO business. Through interconnection with DoCoMo, the company secures a stable business foundation and aims to establish its position as a neo-carrier. This enables sustainable growth.

The company also focuses on securing and developing excellent talent. Through diverse operations, it accumulates expertise and promotes technology and business development. This enables the company to address unprecedented challenges and continue growing.