Solekia Limited
9867・Standard Market・Wholesale Trade
Business
Soreki Co., Ltd. is an independent IT services company founded in 1958, with three core business areas: components and device solutions such as electronic devices and semiconductors, IT solutions including systems integration, and management and field services. It covers the entire country through three segments—Greater Tokyo, Eastern Japan, and Western Japan—serving a broad range of customers spanning private-sector demand, social and public infrastructure, healthcare, and education. Building on a long-term partnership agreement with the Fujitsu Group, the company provides comprehensive support through an integrated three-way structure of sales, systems engineers, and service engineers. As a consolidated subsidiary, it also maintains overseas bases in Singapore and Vietnam.
Business Model
Combines sales of electronic devices and information/communication equipment (flow revenue) with continuous services (stock revenue) such as systems engineering services, field services, and management services. Building on a partnership agreement with the Fujitsu Group (automatically renewed annually), the company provides a stable supply of products and maintenance, establishing ongoing customer relationships by handling everything from IT environment construction to operation and maintenance on an integrated basis.
Company Strengths
Concluded sales partner agreements and maintenance outsourcing agreements with Fujitsu Limited, Fujitsu Japan Limited, and FSAS Technologies Inc., continuing on a one-year automatic renewal basis. With a transaction history of over 60 years since the conclusion of the electronic components distributorship agreement in 1963, the company has built a stable business foundation covering both product procurement and maintenance outsourcing.
The company covers the entire country through three segments—Greater Tokyo Area, Eastern Japan, and Western Japan—and has built a structure in which sales, systems engineers, and service engineers work together to provide IT solutions. In FY2026 (ending March 2026), the Eastern Japan segment achieved year-on-year sales growth of +23.8% and the Western Japan segment +17.9%, demonstrating the effectiveness of its regionally focused proposal capabilities.
As of the end of FY2026 (ending March 2026), the equity ratio stood at 53.1% (up 3.2 points year on year), with cash and cash equivalents of ¥12,487 million. Against interest-bearing debt of ¥4,545 million, cash holdings substantially exceed this amount, maintaining a financial structure that is close to being virtually debt-free. Net assets reached ¥12,820 million through the accumulation of retained earnings, reflecting a high degree of financial soundness.
ENVALITH's Perspective
Performance Trend
Revenue rose for six consecutive fiscal periods, from ¥22,702 million in FY2022 (ending March 2022) to ¥30,382 million in FY2026 (ending March 2026). In FY2026 (ending March 2026), growth accelerated to 8.4% year-on-year. On the profit side, operating profit reached ¥2,620 million (up 51.7% year-on-year) and net income attributable to owners of the parent reached ¥1,700 million (up 57.3% year-on-year), both renewing record highs. External tailwinds included expanding AI/DX demand, client PC replacement demand associated with the end of Windows 10 support, and demand for core system renewal and cloud migration. In addition, a reduction in labor costs (¥287 million) resulting from a decrease in retirement benefit obligations lifted the profit margin. The equity ratio improved to 53.1%, and cash balances increased to ¥12,488 million. For FY2027 (ending March 2027), operating profit is forecast to decline to ¥2,300 million (down 12.2% year-on-year) due to the falloff of special demand and the reversal of temporary cost reductions, suggesting the company is entering a plateau phase in profit growth.
Growth Strategy
Sustainable growth and enhanced corporate value through capturing DX/AI demand and strengthening stock-type services
Capturing IT investment demand for core system modernization, cloud migration, and information security measures through co-creation with collaborative partners. In FY2026 (ending March 2026), business negotiations increased across the private-sector, public-sector, and healthcare domains, with system engineering services contributing to revenue growth.
As progress in cloud migration of systems shrinks conventional maintenance services, the company is focusing on securing network construction, data center operation services, and kitting deals. The aim is to stabilize earnings and improve profit margins. In FY2026 (ending March 2026), field services achieved revenue growth.
Promoting the acquisition of public-sector deals for local governments, education, and medical institutions, as well as core system renewals and large-scale deals in the private sector. In FY2026 (ending March 2026), Eastern Japan grew 23.8% and Western Japan grew 17.9%, marking progress in reducing dependence on the Tokyo metropolitan area. Continued regional growth is expected to underpin consolidated results in FY2027 (ending March 2027) as well.
Continuing expense reduction and cost-cutting activities centered on an employee-participation revitalization committee. In FY2026 (ending March 2026), selling, general and administrative expenses were reduced by ¥10 million year on year (from ¥3,670 million to ¥3,660 million), while gross profit increased by ¥882 million, improving the operating profit margin from 6.2% to 8.6%.
Last updated: July 19, 2026