COMTURE CORPORATION
3844・Prime Market・Information & Communication
Business
Comture Corporation, founded in 1985, is an IT services company listed on the Prime Market of the Tokyo Stock Exchange. The group consists of six companies including Comture Network, Edifist Learning, and Human Interactive Technology Co., Ltd. (HIT). It operates five businesses—Cloud Solutions (Microsoft, Salesforce, ServiceNow), Digital Solutions (Google Cloud, AWS, Databricks), Business Solutions (SAP, SuccessFactors), Platform & Operation Services, and Digital Learning—to support corporate digitalization. Its main customers are centered on major domestic companies, spanning a wide range of industries including finance, manufacturing, and distribution.
Business Model
The company achieves stable earnings by balancing flow business—such as consulting and implementation during system deployment—with stock business, such as maintenance, operation, and monitoring after deployment. Centered on partnerships with global SaaS vendors, the company provides added value by combining its own proprietary templates and solutions. Depending on project requirements, the company utilizes its business partner system to achieve both flexible procurement of engineers and quality assurance. The order backlog for FY2026 (ending March 2026) has grown to ¥9,865 million (+10.9% year on year), reflecting high stability of stock revenue.
Company Strengths
The company has concluded multiple partner agreements with major global vendors including Microsoft, Salesforce, ServiceNow, Google Cloud, AWS, Databricks, and SAP. While diversifying dependence on any single vendor, it has built a framework capable of addressing customers' multi-cloud and multi-platform needs by accumulating certifications and collaborative track records with each vendor.
The company adopts a cyclical model in which it acquires customers through flow businesses such as system construction, then transitions them to stock businesses such as maintenance, operation, and monitoring. In FY2026 (ending March 2026), the order backlog reached ¥9,865 million (up 10.9% year on year), and orders received reached ¥39,044 million (up 7.9% year on year), with the order backlog exceeding sales revenue, enhancing the visibility of future earnings.
The group has under its umbrella Edifist Learning (IT training), Comture Network (networking), and HIT's AI consulting function, enabling seamless service delivery from training to consulting, construction, and operation. Through making HIT a consolidated subsidiary in June 2025, the company has established a comprehensive AI service delivery framework spanning from AI consulting to operational support.
ENVALITH's Perspective
Performance Trend
Revenue expanded 52.5% over four years, from ¥24,985 million in FY2022 to ¥38,109 million in FY2026, but the growth rate shows a clear decelerating trend: +16.3% in FY2023 → +17.7% in FY2024 → +6.3% in FY2025 → +4.9% in FY2026. Operating profit saw only a slight increase to ¥4,660 million (+0.6%), while the operating margin declined to 12.2% (from 12.7% in the previous period). In terms of the external environment, expanding corporate digital investment and a sharp rise in generative AI demand have supported revenue, while rising labor costs driven by intensifying competition for engineer recruitment have pressured gross profit. For FY2027 (ending March 2027), the company expects a recovery to double-digit growth with revenue of ¥42,000 million (+10.2%), but a shift toward high-value-added projects is essential for margin improvement.
Growth Strategy
Under the theme of "Creating the future with AI and digital," the company aims for net sales of ¥100,000 million in FY2032 (ending March 2032)
Establish a company-wide sales organization to strengthen cross-selling to key customers through specialized sales personnel covering both industries and solutions. In addition to supporting customers from operation through to adoption via customer-success-oriented sales, the company will strengthen collaboration with the ITOCHU Corporation group to drive new customer acquisition and business expansion.
Establish a dedicated organization to promote AI and drive company-wide business development. Leveraging the AI consulting capabilities of HIT, which became a consolidated subsidiary in June 2025 (acquisition cost of ¥1,625 million, goodwill of ¥1,123 million), the company will build a comprehensive service framework encompassing AI training, AI consulting, and AI solution provision. In parallel, the company will also develop the infrastructure necessary for AI-driven development.
Strengthen the practical capabilities of project manager talent by revising the in-house PM certification system and training programs, thereby expanding the mid- to senior-level PM tier. The company aims to improve gross profit margin by enhancing project profitability management capabilities and increasing orders for high-value-added projects. Programs from Edifist Learning will be utilized across the group as a whole.
In FY2026 (ending March 2026), the company hired 58 mid-career and 158 new graduate employees, and implemented an average salary increase of 5.1%. The company has also built a framework for the priority provision of immediately deployable engineers by converting partner companies into core partners. In FY2027 (ending March 2027), the company will continue human capital investment at a similar level, aiming to maintain and expand order-taking capacity amid an environment of engineer shortages.
The introduction of a new core system (SAP HANA) is currently underway. As of the end of FY2026 (ending March 2026), construction in progress for software had accumulated to ¥1,720 million. Once operational, the system is expected to improve profit margins through greater operational efficiency in indirect departments and reduced outsourcing costs. In FY2027 (ending March 2027), increased depreciation expenses are expected to weigh on operating profit.
Last updated: July 19, 2026