Computer Management Co.,Ltd.

Business Details

An independent IT total solution provider that offers one-stop services—from system planning through design, construction, operation and maintenance, and BPO—across a wide range of fields including finance, industry, public sector, and healthcare, centered on three service lines: General Solution, Infrastructure Solution, and ERP Solution. As an independent company not affiliated with any specific manufacturer group, it operates on a nationwide scale with bases in Osaka, Tokyo, Shikoku, Sendai, Hiroshima, and Fukuoka. The company is expanding revenue by capturing AI utilization, DX promotion, and cloud adoption demand, underpinned by a stable customer base.

Recent Overview

In FY2026 (ending March 2026), both sales and profit reached record-high levels, with all three service lines posting sales growth

In FY2026 (ending March 2026), the company achieved significant profit growth with net sales of ¥8,235 million (up 4.2% year on year), operating income of ¥628 million (up 22.3%), and net income of ¥511 million (up 28.6%). All three lines—General Solution (up 4.3% year on year), Infrastructure Solution (up 5.3%), and ERP Solution (up 2.4%)—posted sales growth. For FY2027 (ending March 2027), the company forecasts net sales of ¥9,020 million (up 9.5% year on year) and operating income of ¥675 million (up 7.3%). In April 2026, the company newly established a Partner Promotion Department to strengthen collaboration with business partners and expand its organizational structure. The annual dividend is ¥60 per share (increased from ¥50 in the prior period).

Key Products

Growth Drivers

• Continued solid corporate IT investment appetite (expanding demand for generative AI utilization, DX promotion, and cloud adoption)
• Strengthening of the customer base through expansion of end-user business and new customer development
• Increased orders for upstream process projects through training and certification acquisition of engineers skilled in AWS, Azure, OCI, and other cloud-related technologies
• Increased orders for new SAP S/4HANA implementation and upgrade projects and mcframe implementation support
• Expansion of SAP maintenance and operation services through the new launch of CMK AMO Service for SAP
• Strengthened collaboration with business partners and improved mobilization capability through the Partner Promotion Department established in April 2026
• Improved profit margins through flexible utilization of resources leveraging nationwide bases and participation of regional bases in metropolitan area projects

Risks

• Difficulty securing mobilization capability due to chronic shortage of IT personnel and intensifying recruitment competition
• Low corporate brand recognition in the Tokyo metropolitan area, resulting in a low ratio of direct end-user transactions and limited opportunities to win high-value-added projects
• Structural challenge of a high proportion of on-site (resident-type) projects, which depresses profit margins
• Uncertain business environment due to price increases, U.S. financial and trade policy trends, geopolitical risks, and other factors
• Constraints on scalability due to a structure reliant on in-house employees (outsourcing cost ratio is low compared to peers)
• Risk that profit growth will slow relative to sales growth, given that net income for the FY2027 (ending March 2027) forecast is projected to be flat at 0.0% year on year