Information Strategy and Technology Co., Ltd.
155A・Growth Market・Information & Communication
Information Strategy and Technology Co., Ltd.
155A・Growth Market・Information & Communication
DX-related business (single segment)
An IT services company centered on "Zero-Order DX," in-house DX support for major enterprises
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales | ¥8,020 million | — | ↑ |
| Operating profit | ¥553 million | — | ↑ |
| Operating profit margin | 6.9% | — | ↑ |
| Number of employee engineers (period-end) | 339 | 253 | ↑ |
| WhiteBox total member companies (period-end) | 3,188 | 2,753 | ↑ |
Business Details
Targeting leading companies in each industry as its primary customers, the company centers its business on agile development-based "Zero-Order System Development" (0次システム開発), complemented by the team-based solution "Zero-Order Lab" (0次ラボ), strategy formulation support "Zero-Order Consulting" (0次コンサル), and "WhiteBox," an open platform for system development companies. Under the "Zero-Order DX" (0次DX) concept, which eliminates multi-layered subcontracting structures and advances system development in collaboration with clients, the company has achieved a client retention rate of approximately 95%. From FY2025 (ending December 2025), the company transitioned to consolidated accounting, making AK Plus Co., Ltd. (infrastructure-focused SES) and WhiteBox Co., Ltd. consolidated subsidiaries.
Recent Overview
Recorded net sales of ¥8,020 million and operating profit of ¥553 million in its first consolidated fiscal year
FY2025 (ending December 2025) marks the first year of preparing consolidated financial statements. In February 2025, the company made AK Plus Co., Ltd. (acquisition cost of ¥800 million, goodwill of ¥524 million) a wholly owned subsidiary through M&A, and PMI is proceeding smoothly. The number of employee engineers increased from 253 at the previous fiscal year-end to 339 (through new graduate and mid-career hiring plus M&A). The average monthly unit price per engineer, excluding new graduates, was ¥1.20 million. WhiteBox's total member companies expanded from 2,753 to 3,188. Beta versions of "WhiteBox PayAssist" and "TalentSync" were released. The company also made investments in two funds. For FY2026 (ending December 2026), the company forecasts net sales of ¥10,702 million (up 33.5% year on year) and operating profit of ¥757 million (up 37.0% year on year).
Key Products
Growth Drivers
- Sustained expansion of the domestic DX and IT services market (IDC Japan forecast: CAGR of 6.2% for 2025-2030)
- Expanded sales capacity driven by an increase in the number of employee engineers (from 253 to 339)
- Acquisition of a public-sector and financial-sector client base through the M&A and PMI of AK Plus Co., Ltd.
- Growth in WhiteBox platform membership (from 2,753 to 3,188 companies) and promotion of paid-plan conversion
- Higher unit prices through expansion of solution-type services such as Zero-Order Lab and Zero-Order Consulting
- Accelerated investment in AI, cybersecurity, and data science domains
Risks
- Intensifying competition for hiring and developing talented engineers (securing personnel is a key constraint on business expansion)
- Risk of impairment of goodwill (¥468 million) arising from M&A and fund investments, and risk of PMI failure
- Risk from rising interest rates and financial burden due to long-term borrowings outstanding of ¥1,270 million (interest-bearing debt)
- Risk of information leakage and security incidents from handling clients' confidential and personal information
- Limited business diversification due to single-segment, domestically concentrated operations (over 90% of net sales generated domestically)
- Intensifying competition with major SIers and IT consulting firms
Last updated: March 25, 2026