ZENRIN CO., LTD. (9474) Stock Price

Zenrin operates a diverse range of businesses centered on location information services. Its main business segments include the manufacture and sale of residential maps, applied maps, and residential map databases. These products are handled by Zenrin and its affiliated companies, including Geo Technology Laboratory, ZENRIN EUROPE GmbH, and Abalta Technologies, Inc.

Zenrin also provides map data for smartphone services, internet services, car navigation systems, and 3D map data. These data are manufactured and sold by Zenrin and its affiliated companies, and are utilized across various platforms.

Additionally, Zenrin engages in plate-making, printing, binding, proofreading, character input/output, and research, planning, and editorial services. These operations are handled by affiliated companies such as Zenrin Printex and Zenrin Data Com.

Zenrin is also active in data creation, input, and data distribution. This involves Zenrin, Geo Technology Laboratory, Zenrin InterMap, Kernel, and other entities working to enhance the accuracy and usability of location information data.

Zenrin also develops, sells, and maintains marketing solutions, real estate services, and lease-dedicated package systems. These services are provided by affiliated companies including Zenrin Marketing Solutions and ActCube.

Zenrin also operates a venture capital business, with Zenrin Future Partners managing and operating the fund. This creates new business opportunities and supports corporate growth.

As a leading company in the mapping industry, Zenrin's fundamental policy is to contribute to society through the provision of map-related information. Under the slogan "Maps to the Future," the company aims to become an enterprise that creates value through maps. Zenrin is committed to being a corporate group that values shareholders, customers, and employees while continuing to contribute to society.

Zenrin is responding to changes in the mapping industry by promoting the creation of new services utilizing digital twin technology. To meet the needs of autonomous driving and MaaS, the company is focusing on reproducing the real world, including three-dimensional mapping. Through technological innovation and the realization of an advanced networked society, Zenrin aims to collect and analyze data from the real world and deploy new services.

Zenrin has formulated a five-year medium- to long-term management plan, "ZENRIN GROWTH PLAN 2030 (ZGP2030)," which commenced in April 2025. This plan is based on creating social value in a co-creation society, with objectives including business portfolio management, utilization of advanced spatiotemporal databases, and maximizing organizational capability through a growth mindset.

To achieve ZGP2030 targets, Zenrin will employ a "knowledge cycle" as its business strategy, optimizing services from a customer-centric perspective. The company will maximize revenue across three service categories—packages, selections, and solutions—while supporting solutions to social challenges through corporate co-creation and regional co-creation initiatives.

On the technology front, Zenrin is advancing positional accuracy improvements in its spatiotemporal database and expanding the use of AI technology. This will enable the company to evolve its advanced spatiotemporal database and build an information platform that realizes digital twins. Zenrin will strengthen collaboration with customer data and open data while enhancing usability and accessibility.

Regarding organizational strategy, Zenrin is promoting the growth of diverse talent and aiming to build autonomous organizations. The company will advance human resource and organizational development, cultivating personnel with open minds who embrace change. This will enable Zenrin to create social value in a co-creation society.

By March 2030, the final year of ZGP2030, Zenrin targets revenue of 78 billion yen, EBITDA of 15 billion yen, operating profit of 8 billion yen, net profit of 6 billion yen, and ROE of 10% or higher. The company will expand revenue through corporate and regional co-creation activities and accelerate the shift toward stock services and solution services to improve gross margin.