RIKEI CORPORATION
8226・Standard Market・Wholesale Trade
System Solutions
Core segment providing IT solutions for education, government, and private-sector clients
| Period | Current | Previous | Change |
|---|---|---|---|
| Net sales (full year, FY2026 (ending March 2026)) | ¥3,777 million | ¥3,729 million | ↑ |
| Operating profit (full year, FY2026 (ending March 2026)) | ¥183 million | ¥27 million | ↑ |
| Segment assets (end of FY2026 (ending March 2026)) | ¥3,471 million | ¥2,837 million | ↑ |
| Depreciation (full year, FY2026 (ending March 2026)) | ¥18 million | ¥17 million | ↑ |
| Order backlog (end of FY2026 (ending March 2026)) | ¥1,680 million | ¥1,643 million | ↑ |
| Orders received (full year, FY2026 (ending March 2026)) | ¥3,814 million | ¥4,055 million | ↓ |
Business Details
Sells IT Infrastructure & Administrative Systems for Educational Institutions, entry/exit management systems, 3D mechanical CAD software for manufacturers, Information Security Solutions for private companies, VR/AR Content & Hardware, AI & IoT Solutions, and other offerings. Handles the delivery of high-speed wireless network systems under the Ministry of Education, Culture, Sports, Science and Technology's GIGA School Program, as well as VR simulation projects for semiconductor manufacturing equipment. Comprised of the Company and Netwell System Co., Ltd.
Recent Overview
Operating profit surged 574.1% year on year, driven by GIGA School Program projects and VR simulation contributions
In FY2026 (ending March 2026), net sales were ¥3,777 million (up 1.3% year on year) and operating profit was ¥183 million (up 574.1% year on year), achieving a significant improvement in profit. Delivery of large-scale, high-speed wireless network systems under the GIGA School Program and VR simulation projects for semiconductor manufacturing equipment contributed significantly to profit. Meanwhile, the education system for universities handled through partners was deferred to future periods for consideration, and the VR/AR-related business saw a decline in profitability due to a lower in-house production ratio. The order backlog was maintained at ¥1,680 million, up 2.2% from the end of the prior period.
Key Products
Growth Drivers
- Continued delivery of large-scale, high-speed wireless network systems for educational institutions under the GIGA School Program
- Capturing demand from government agencies and municipalities for government cloud migration and DX promotion
- Expansion of NEXT business areas such as AI development environment construction and IoT healthcare (trial operation of the NuraLogix health measurement system began)
- Rollout of new products such as VR/MR flight simulators in collaboration with Aero Partners
- Accumulation of future sales supported by maintaining the order backlog (¥1,680 million)
Risks
- Delays in delivery timing for large-scale projects causing shifts in the timing of sales recognition (the university education system handled through partners deferred to future periods)
- Risk of year-to-year fluctuations in net sales depending on whether large-scale system projects for central government ministries and universities are secured
- Risk of declining profitability in the VR/AR-related business due to a lower in-house production ratio
- Shrinking university market and intensifying competition due to the declining birthrate
- Orders received declined to 94.1% of the prior-year level, raising concerns about the impact on future sales accumulation
Last updated: June 25, 2026