SystemEXE,Inc.
548A・--・--
SystemEXE,Inc.
548A・--・--
SystemEXE, Inc. (Single Segment)
Independent SI (systems integration) company specializing in real estate, insurance, manufacturing, and other industries, developing SI operations centered on prime contracting
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales | ¥12,411 million | ¥11,605 million | ↑ |
| Operating profit | ¥804 million | ¥645 million (calculated in reverse from 124.6% year-on-year) | ↑ |
| Operating margin | 6.5% | 5.6% | ↑ |
| Gross margin | 30.8% | 28.5% | ↑ |
| Offshore utilization ratio | 9.3% | 8.4% | ↑ |
Business Details
The Group is an independent SI (systems integration) company consisting of a single SI business segment, with real estate, insurance, manufacturing, and service industries as its main customer sectors. Direct transactions with end users (prime contracting) account for approximately 90% of business, providing seamless services from planning and requirements definition through maintenance and operation. The company has four technology domains—contracted application development, data-related services, digital infrastructure, and cloud—and provides comprehensive IT solutions combining proprietary products, offshore development, and collaboration with alliance partners.
Recent Overview
Achieved increased revenue and profit, with expansion of new development projects and progress in the practical deployment of generative AI
In FY2026 (ending March 2026), net sales were ¥12,411 million (106.9% year-on-year) and operating profit was ¥804 million (124.6% year-on-year), achieving increased revenue and profit. By service type, new development expanded from ¥5,475 million to ¥6,346 million, driven by flow-type revenue. By industry, manufacturing (120.1% year-on-year) and services and other (117.1% year-on-year) grew, while real estate (92.7% year-on-year) and insurance (88.6% year-on-year) saw declining revenue. Among major customers, the Mitsui Fudosan Group accounted for ¥2,639 million (21.3% of net sales) and Idemitsu Kosan for ¥1,367 million (11.0% of net sales). Progress was also made in the release of AI Warp, the establishment of standardized generative AI tools, and new customer acquisition via alliances (approximately 30 companies in FY2026).
Key Products
Growth Drivers
- Continued corporate DX promotion and IT investment demand driving multiple orders for medium- to large-scale projects
- Securing high-value-added, stable revenue through direct end-user transactions (prime contracting ratio of approximately 90%)
- Expanding new customer acquisition through alliance partners (Oracle Japan, Microsoft Japan, AWS, and Wingarc1st)
- Cost competitiveness and productivity improvement through offshore development (BotDev) utilizing the Vietnamese subsidiary
- Standardization of development and productivity improvement through generative AI utilization (SmileCHAT, Agentic Coding, EXE Jet Advisory)
- Differentiation and new customer acquisition through expansion of proprietary products and services (EXE-Cloud, AI Warp, etc.)
Risks
- Risk of declining transactions due to sales concentration among specific customers (Mitsui Fudosan Group 21.3%, Idemitsu Kosan 11.0%)
- Difficulty securing project execution capacity due to continued IT talent shortages
- Risk of unprofitable projects arising from inadequate quality and delivery schedule management in large-scale projects
- Communication and security risks in offshore development
- Risk of delayed response to rapid changes in cutting-edge technologies such as generative AI
- Declining sales trend in the insurance industry (88.6% year-on-year) and real estate industry (92.7% year-on-year)
Last updated: June 26, 2026