MIROKU JYOHO SERVICE CO.,LTD (9928) Stock Price

Miroku Information Service is a software-focused company that provides diverse services to accounting firms and mid-sized to small businesses. Specifically, the company develops and sells business application software, sells general-purpose servers and personal computers, sells supply products, provides maintenance services, offers management information services, provides training and development services, and delivers consulting services.

The company's software-related business consists of system implementation contract sales and service revenue. System implementation contract sales include hardware and software sales, as well as implementation support services for useware. Service revenue includes TVS (Total Value Service) for accounting firms, software usage fees, software operation support services, hardware and network maintenance services, and sales of supplies and office products.

Miroku Information Service operates 32 sales and support locations nationwide, primarily serving accounting firms and their client companies, providing direct sales and support. For accounting firms, the company offers a product lineup designed to efficiently deliver tax services, accounting processing services, and management advisory services, supported by a community-focused support structure.

For mid-sized to small businesses, the company provides ERP system solutions centered on financial and accounting systems. The services support optimization of management resources and rapid decision-making, while addressing diverse needs including strengthened internal controls, information security measures, and flexible API integration.

Miroku Information Service has formulated "Medium-Term Management Plan Vision2028" covering fiscal years 2024 through 2028, aiming to transform its business model in response to advancing digitalization and create new value. This plan outlines strategies to achieve continuous improvement in corporate value.

The company has set targets of 600 billion yen in revenue, 12 billion yen in operating profit, and ROE exceeding 18% by fiscal year 2028. To achieve these goals, the company is strengthening its accounting firm network and expanding comprehensive solution businesses for mid-market and small-to-medium enterprises.

The company is also promoting an integrated DX platform and transitioning to cloud-based and subscription business models to increase customer lifetime value. This approach will strengthen ongoing relationships with customers.

Additionally, the company will enhance group collaboration and promote independent growth of each group company to maximize synergy effects. The company will also execute growth strategies that include M&A to improve profitability.

Strengthening human capital and management foundations are also key components of the strategy. The company will promote diversity and flexible work arrangements while advancing management transparency and operational efficiency. This will build a foundation to support sustainable growth.