SOLIZE Holdings Corporation
5871・Standard Market・Services
Business
SOLIZE Holdings Corporation was established in 1990 and is a group holding company that provides development support for the manufacturing industry, originating from 3D technology and digital engineering. It consists of three segments: Engineering & Manufacturing Business (design outsourcing, engineer staffing, 3D print prototyping), Consulting & Engineering Business (transformation consulting, AI, SDV, cybersecurity), and Business Incubation Business (software development support, new business development). Its main customers are manufacturers centered on the automotive industry, with Honda Motor Co., Ltd. accounting for 27.1% of net sales. The company has 12 subsidiaries in Japan and overseas, conducting global operations under a five-region structure spanning Japan, North America, China, India, and Thailand. It transitioned to a holding company structure in July 2025, promoting specialization and agile management at each operating company.
Business Model
The main revenue source is engineer staffing and design/development outsourcing (onsite and offsite support), with the average hourly rate for domestic staffing continuing to rise, reaching ¥4,942 (FY2025, ending December 2025). This is combined with prototype and final part manufacturing and sales utilizing 43 3D printers, as well as an agency business for 3D Printer Equipment Sales & Maintenance. In the consulting business, the company provides Transformation Consulting Services, AI SaaS (SpectA Series), and SDV support. The Business Incubation Business is responsible for Software Development Support Services and new business creation. The structure is characterized by upfront human capital investment, with investment-related expenses of ¥604 million recorded in FY2025 (ending December 2025) aimed at securing future revenue.
Company Strengths
Since launching Japan's first stereolithography prototyping service in 1990, the company has held a total of 43 high-end 3D printers across its Yamato and Toyota sites. It handles metals, resins, and high-strength materials (Roboze's MEX method), providing consistent support from prototyping to final mass-produced parts, backed by one of the largest domestic equipment bases in Japan. It also has a track record of joint research with JAXA.
The company employs a total of 1,947 high-end engineers across 6 locations in Japan, the US, India, China, Canada, and Thailand (as of the end of December 2025). The number of domestic engineers increased approximately 49% over five years, from 1,101 in 2021 to 1,639 in 2025. India has been established as a global offshoring center, handling design and analysis work commissioned from various regions worldwide.
As of the end of December 2025, the company had zero short-term and long-term interest-bearing debt, maintaining an equity ratio of 72.2% and a current ratio of 267.3%. It held cash and cash equivalents of ¥4,592 million, securing a financial foundation to fund M&A and capital expenditures with internal resources. The company has maintained a debt-free status even after aggressive investments such as the acquisition of Fuller-Rex (¥1,076 million).
ENVALITH's Perspective
Performance Trend
Over the past three fiscal years, revenue has maintained an upward trend, rising from ¥20,081 million (FY2023) to ¥22,713 million (FY2024) to ¥25,779 million (FY2025). Operating profit, however, fell sharply from ¥885 million to ¥455 million to ¥85 million, and FY2025 recorded a net loss of ¥36 million. In the first quarter of FY2026 (ending December 2026), however, profitability improved significantly, with revenue of ¥7,407 million (up 14.8% year on year) and operating profit of ¥346 million (up 112.8% year on year). External factors such as continued solid demand for SDV and AI technology development, along with growing demand in the heavy industry and energy sectors, provided tailwinds. The full-year forecast calls for a substantial profit recovery, with revenue projected at ¥30,500 million (up 18.3% year on year) and operating profit at ¥500 million (up 498.7% year on year). For the cumulative first half, an operating loss of ¥434 million is forecast, and attention should be paid to the seasonality of expense increases.
Growth Strategy
Targeting revenue of ¥40 billion in 2027 and ¥100 billion in 2033, the company is accelerating growth through M&A, global expansion, and a holding company structure.
In July 2025, the company transitioned to a holding company structure, transferring the Engineering & Manufacturing Business to SOLIZE PARTNERS, the Consulting & Engineering Business to SOLIZE Ureka Technology, and the Business Incubation Business to +81. This achieves strengthened sales and management systems and appropriate performance evaluation through specialization of each operating company.
The company strengthened its global five-region structure through the acquisition of RACAR Canada Inc.'s business (goodwill of ¥179 million recognized) and the establishment of a new base in Thailand. Capital investment also continued, including the expansion of the Global Engineering Center-Yamato and the establishment of a new SOLIZE Ureka Technology location. However, the launch of operations in Thailand and declining demand in North America and China have pressured profits in the short term.
The consolidation of Furex Co., Ltd. (May 2025) expanded Business Incubation Business revenue by 138.6% year on year. Provisional accounting for the business combination with Furex was also finalized in Q1 (goodwill of ¥909 million). The company also newly established Yui Co., Ltd. and entered the Rent Guarantee Business for Seniors.
Demand for technology development in the heavy industry and energy sectors has been growing since last year, and the company is promoting a shift away from dependence on the automotive industry. In the Consulting & Engineering Business, the company is also expanding cloud services for the construction industry utilizing natural language processing AI (such as KY-Tool). In Q1 FY2026 (ending December 2026), demand from non-automotive sectors contributed to business expansion.
Pursuant to a resolution of the Board of Directors on April 24, 2026, the company disposed of 13,702 shares of common stock (disposal price of ¥1,406 per share; total disposal value of ¥19,265,012) as restricted stock to one director and five senior executive officers and executive officers. The purpose is to enhance incentives for improving corporate value and to share value with shareholders.
Last updated: July 17, 2026