ENVALITH
株式会社グローバルインフォメーション logo

Global Information, Inc.

4171Standard MarketInformation & Communication

株式会社グローバルインフォメーション logo
Global Information, Inc.4171

Business

Global Information Inc. was founded in 1995 and has a history of over 30 years as a company brokering and selling overseas market research reports. It partners with research and publishing companies around the world, including in the West and Asia, to provide market and technology trend information spanning 14 industry categories—such as telecommunications/IT, pharmaceuticals, materials, industrial machinery, and medical devices—in four languages: Japanese, English, Korean, and Chinese. Its main customers are domestic and overseas manufacturers, think tanks, and similar organizations. The company operates branches in the United States, South Korea, Taiwan, and Belgium, realizing borderless services centered on Asia. Through its consolidated subsidiary Givtech, it also operates an LPWA communication equipment (IoT-related) business. Listed on the Standard Market of the Tokyo Stock Exchange (December 2020).

Business Model

The company adopts a consignment sales model in which all products are ordered from research publishers and conference organizers only after receiving customer orders, thereby bearing no inventory risk. Revenue is generated across four business segments: Market Research Reports sales, Annual Information Service, Custom Research, and International Conferences & Exhibitions participant recruitment. In FY2025 (ending December 2025), the gross profit margin was approximately 48% (gross profit of ¥1,233 million against net sales of ¥2,568 million). The company is shifting toward a structure that improves unit prices through upselling into the high-value-added Custom Research business (up 63.2% year on year).

Company Strengths

Since its founding in 1995, the company has built a network of partnerships with overseas research and publishing companies over more than 30 years. It operates a website supporting four languages—Japanese, English, Korean, and Chinese—and has established four branches in the United States, South Korea, Taiwan, and Belgium. It maintains a broad customer base centered on the Asian region.

Since all products are sold on a made-to-order basis after receiving orders, the company bears no inventory risk. As of the end of FY2025 (ending December 2025), the equity ratio stood at 79.5%, and cash and cash equivalents exceeded ¥1,900 million, maintaining an extremely robust financial foundation.

In FY2025 (ending December 2025), sales in the Custom Research business grew significantly to ¥265 million (up 63.2% year on year). Successful upselling from existing report brokerage to custom research tailored to customer needs is driving a business structure shift toward higher value-added services.

ENVALITH's Perspective

Revenue for Q1 FY2026 (ending December 2026) was ¥905 million (down 17.5% year-on-year), and operating profit was ¥200 million (down 35.9% year-on-year), a significant profit decline. The core Market Research Reports business remained sluggish at ¥714 million (down 23.1% year-on-year), with order volumes weak at both the head office and the Korea branch. External factors such as changes in US trade policy and geopolitical risks may be acting as headwinds by suppressing corporate information investment. Revenue and profit have now declined for five consecutive periods, and the possibility of a structural decline in demand warrants close monitoring.

SG&A expenses for Q1 FY2026 (ending December 2026) increased to ¥242 million from ¥227 million in the same period last year, while gross profit declined significantly to ¥441 million (from ¥539 million in the same period last year). The operating margin fell to 22.1% (from 28.4% in the same period last year). The full-year forecast operating margin is expected to remain at approximately 10.9% (operating profit of ¥300 million against revenue of ¥2,759 million), with the fixed nature of the cost structure being the main factor squeezing profits.

The full-year forecast for FY2026 (ending December 2026) remains unchanged at revenue of ¥2,759 million (up 7.5% year-on-year) and operating profit of ¥300 million (down 5.5% year-on-year), but Q1 actual results of ¥905 million represent only 32.8% of the full-year forecast. This is significantly lower compared to the progress rate in the same period last year (¥1,097 million / ¥2,568 million = 42.7%), indicating that a sharp recovery is needed over the remaining three quarters. Investors should be mindful of the risk of a downward revision to the earnings forecast.

Growth Strategy

Under the medium-term management plan 'GII Vision 2028', the company is advancing Custom Research, AI utilization, and stronger direct customer relationships

The company actively proposes upselling from report customization based on client needs to Custom Research. In the first quarter of FY2026 (ending March 2026), it achieved ¥131 million, up 27.2% year on year, and this functions as a core measure in the shift toward higher value-added services.

The company is focusing on the handling of AI Platform Content that contributes to multifaceted problem-solving, and in terms of sales, it aims to improve customer satisfaction and promote repeat purchases through the provision of various AI tools and enhanced after-sales follow-up.

In addition to various web marketing initiatives and advertising placements, the company regularly holds seminars co-hosted with research firms. It aims to acquire new customers by raising awareness of the GII brand, but as sluggish orders in the mainstay report business continue, it is taking time for the effects to materialize.

The policy is to gradually increase offerings centered on on-site hosting, but in the first quarter of FY2026 (ending March 2026), the number of participants declined year on year, and revenue remained at ¥4 million (¥4,367 thousand), down 44.9% year on year, with recovery lagging.

The company is building a track record of introducing the contactless exhibition DX system 'AiMeet' at multiple exhibitions, and is advancing the development and sales of LPWA communication products including ZETA communications. However, in the first quarter of FY2026 (ending March 2026), the struggle continued, with revenue down 35.7% year on year and an operating loss persisting.

Last updated: July 17, 2026