TECHMATRIX CORPORATION
3762・Prime Market・Information & Communication
Information Infrastructure Business
TechMatrix's core business centered on cybersecurity products and services. Both revenue and operating profit reached record highs.
| Period | Current | Previous | Change |
|---|---|---|---|
| Revenue (external customers) | ¥51,620 million | ¥45,586 million | ↑ |
| Operating profit | ¥6,580 million | ¥5,268 million | ↑ |
| Operating profit margin | 12.7% | 11.5% | ↑ |
| Recurring revenue ratio | 87.9% | － | — |
| Orders received | ¥64,134 million | － | ↑ |
| Order backlog | ¥78,880 million | － | ↑ |
| Recurring revenue | ¥38,120 million | － | ↑ |
Business Details
Comprises the Company along with Cross Head Corporation, OCH Corporation, Firmus Sdn.Bhd., Firmus Consulting Sdn.Bhd., and Firmus Pte.Ltd. Provides product sales of networking, security, storage and other equipment, along with integration, maintenance, operation, and monitoring services. The Company is promoting the shift of cloud-based security products to subscription models, building up recurring revenue. In November 2024, the Company made Firmus Sdn.Bhd., Malaysia's largest cybersecurity provider, a wholly owned subsidiary, and has begun expanding into the ASEAN market.
Recent Overview
In FY2026 (ending March 2026), both revenue and operating profit reached record highs, with the order backlog building up to ¥78,880 million.
In the Information Infrastructure Business for FY2026 (ending March 2026), orders for both new and renewal projects, centered on cloud-based security products, progressed favorably, resulting in record-high revenue of ¥51,620 million (up 13.2% year on year) and operating profit of ¥6,580 million (up 24.9% year on year). Cross-selling of the AI-driven SOC Operations Automation Solution also progressed. On the other hand, Cross Head Corporation fell below prior period results due to the rebound from a large-scale deal in the prior period, and OCH Corporation fell below prior period results due to a decline in sales performance among key distribution partners. Performance forecasts for the next period (FY2027, ending March 2027) call for revenue of ¥59,500 million and operating profit of ¥7,240 million.
Key Products
Growth Drivers
- Expanding demand for cybersecurity countermeasures amid the worsening severity and increasing frequency of ransomware attacks
- Accumulation of recurring revenue through progress in the subscription-based shift of cloud-based security products (recurring revenue ratio of 87.9%)
- Expanding cross-selling of the AI-driven SOC Operations Automation Solution
- Increasing demand for AI-driven defensive security products in response to the growing sophistication of AI use by attackers
- Security countermeasures becoming a management issue amid strengthened legal regulation and corporate governance
- Accelerated expansion into the ASEAN market through the subsidiarization of Firmus Sdn.Bhd.
- Improved visibility of future revenue through the buildup of an order backlog of ¥78,880 million
- Proactive investment in developing high-value-added services such as managed services
Risks
- Risk to the continuity of agency agreements with overseas vendors (such as Palo Alto Networks): possibility of losing agency rights due to acquisitions or sales network restructuring
- Rising procurement costs due to the depreciation of the yen (the majority of procurement is denominated in US dollars)
- Risk of advance payment burden and cash flow strain associated with the increasing scale of multi-year subscription contracts
- Slowdown in the UTM business for SMEs due to a decline in sales performance among key distribution partners at OCH Corporation
- Risk of declining competitiveness of handled products due to accelerating technological innovation in the IT industry
- Rising personnel costs and difficulty securing staff amid intensifying competition for IT talent
- Risk that increased SG&A expenses from proactive investment to strengthen the support structure could pressure profit
Last updated: June 25, 2026