SIGMAXYZ Holdings Inc.
6088・Prime Market・Services
Business
SIGMAXYZ Holdings Inc. is a holding company for an independent consulting firm established in 2008 as a joint venture between Mitsubishi Corporation and RHJ International, and listed in 2013. Centered on three transformation pillars—"Digital Transformation Support," "Service Transformation Support," and "Management Transformation Support"—the company provides consulting services to more than 170 client companies across a wide range of industries, including transportation, finance, information and communications, retail, trading, and construction. In May 2025, the company discontinued its Investment Business and is now consolidated into a single Consulting Business segment. The number of consultants stood at 692 as of the end of March 2026 (757 as of April 1, 2026).
Business Model
In response to clients' management challenges, the company organizes project teams combining professionals with diverse skill areas such as Client Sherpa, Industry Transformation Sherpa, and Advanced Technology Sherpa, providing consistent support from strategy formulation through implementation and operation. The main components of cost of sales are consultant personnel expenses and outsourcing costs, with a structure in which optimization of outsourcing costs directly affects profit margins. The company is also promoting success-fee-based proposals and evolving its business model through capital alliances.
Company Strengths
Operating profit for FY2026 (ending March 2026) reached ¥6,065 million (up 7.6% year on year), marking a new record high. Outsourcing costs fell approximately 40% year on year, driving a 17.3% decrease in cost of sales, and the operating margin improved significantly from 21.4% to 25.4%. The ordinary profit margin also reached a record-high level of 26.7%.
Project satisfaction as rated by clients remained at a high level of 97 (97 at the end of the previous fiscal year). The company maintains a customer base of over 170 companies, primarily in transportation, finance, information and communications, retail, trading companies, and construction, which contributes to the acquisition of ongoing projects. The quality of its track record is also high, as demonstrated by its SAP S/4HANA implementation support for Nippon Yusen, which won the top award in SAP Japan's 'Project of the Year.'
The number of consultants increased to 692 as of the end of March 2026 (625 at the end of the previous fiscal year). During the fiscal year, the company hired 47 experienced professionals and 81 new graduates. As of April 1, 2026, headcount reached 757, and the company continues to build a solid foundation for business expansion through ongoing recruitment, targeting approximately 80 new graduate hires for April 2027.
ENVALITH's Perspective
Performance Trend
The company had achieved four consecutive periods of revenue and profit growth from FY2022 through FY2025, but FY2026 (ending March 2026) saw its first revenue decline, with sales of ¥23,831 million (down 9.4% year on year). The main cause was a significant reduction in outsourcing costs from the third quarter onward, following the service launch of large-scale projects such as the SaaS conversion of core systems by the second quarter. On the other hand, cost of sales fell 17.3% due to the effect of reduced outsourcing costs, keeping gross profit nearly flat (up 0.4% year on year). SG&A expenses also decreased 6.1%, and operating profit reached a record high of ¥6,065 million (up 7.6% year on year). However, due to the recording of an extraordinary loss of ¥665 million from the valuation loss on investment securities associated with the discontinuation of the Investment Business, profit attributable to owners of parent was limited to ¥3,972 million (down 9.6% year on year). For FY2027 (ending March 2026), the company forecasts sales of ¥25,300 million (up 6.2% year on year) and operating profit of ¥6,600 million (up 8.8% year on year), anticipating a return to growth in both revenue and profit.
Growth Strategy
Pursuing sustainable growth through Consulting Business focus, value-added transformation, and strategic capital alliances
In April 2026, 79 new graduates joined the company, bringing the total headcount to 757 as of April 1. The company continues recruiting activities targeting approximately 80 new graduates for April 2027. For experienced hires, more than 10 hires have already been confirmed to join from the first quarter onward, and the company aims to build a foundation for revenue growth through quality-focused hiring.
The company is promoting a shift from man-month/workload-dependent proposals to success-fee-based proposals. By utilizing generative AI and other advanced technologies, the company aims to focus internal personnel on higher value-added activities. Consultants themselves have formed a cross-company team to promote AI utilization and knowledge sharing, aiming to improve productivity and the value provided.
The company is considering a capital and business alliance aimed at collaboration in a wide range of fields, including DX. As of April 27, 2026, the company has acquired a shareholding ratio of 10.64% (1,874,000 shares). The company intends to raise this to the equity-method applicable level (voting rights ratio of 20% or more) by the end of March 2027, and expects this to contribute to the creation of new projects and revenue expansion.
In addition to strengthening the ability to deepen relationships with existing customers, the company is promoting strategic realignment of its customer portfolio and investment in offering development. The company is proceeding in parallel with the continued acquisition of large-scale projects in key industries such as transportation, finance, and information and communications, and the development of new customers, aiming to reduce the risk of concentration on specific customers.
Last updated: July 19, 2026