OPRO

Basic Information

Stock Code
228A
Industry
Information and Communications
Category Detail
Systems & Software
Prefecture
Tokyo
Establishment Year
April 1997
Listing Year
August 2024
Official Website
https://corp.opro.net/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
DM Company, Growth xP, Kids Star, Proship, eBASE, Avante Group, Money Forward, Freee, Oracle Japan, Obic Business Consultants, PCA, TKC, Miroku Information Service

Overview

OPRO is a systems and software company established in 1997, with cloud services for electronic forms as its mainstay, possessing unique technological strength as a growing company in the information and communications industry.

Current Situation

OPRO, through its 2024 listing, is proceeding with fundraising and has established a unique position in the industry by providing electronic form services. Sales mainly consist of usage fees from cloud-based digital forms, with further demand expansion expected going forward. Competitors include major players such as Oracle and Money Forward, continuously requiring technological innovation. In recent years, it has strengthened collaboration with major consulting firms to expand its customer base and is focusing on new service development. On the sustainability front, it promotes paperless initiatives through its own cloud services, contributing to reducing environmental impact in the industry. Moving forward, while deepening domestic market penetration, it also has overseas expansion in view to diversify growth drivers. Its dividend policy emphasizes stable profit distribution, working to gain trust from investors.

Trivia

Interesting Facts

  • Rapidly expanding domestic share with cloud service specialized in electronic forms
  • Growth venture that achieved listing after 27 years since founding
  • Addresses complex corporate forms needs with proprietary editing technology
  • Creating synergies through business collaboration with major consulting firms
  • Gained high trust in electronic forms management for financial institutions
  • Track record in developing electronic application services for local governments
  • Capable of providing flexible solutions across diverse industries
  • Continuously enhancing functions directly linked to customer operational efficiency
  • Focus on secure storage and improved searchability of electronic forms
  • Active in engineer development within the IT industry
  • Contributing to environmental load reduction through cloud service utilization
  • Planning overseas expansion with multilingual support functions
  • Numerous function improvement cases via user community
  • Provides simple cloud forms service for small and medium enterprises
  • Promoting operational efficiency by incorporating latest technologies

Hidden Connections

  • Successfully acquiring major customers through partnership with major consulting firm
  • Jointly developed technology related to electronic application systems for Japanese government agencies
  • Advancing security enhancements in collaboration with major players in financial systems
  • Has partnership relations with numerous SaaS providers for small and medium enterprise cloud forms
  • Achieves high reliability in cloud infrastructure through contracts with major cloud providers
  • Strengthening integration with ERP vendors via API linkage technology
  • Has cooperative relationships with multiple domestic local governments in promoting IT utilization in education
  • Hosts customer seminars together with partner companies in Nikkei-affiliated databases

Future Outlook

Growth Drivers

  • Expansion of electronic forms demand and paperless promotion
  • Market expansion through partnerships with major consulting firms
  • Increasing needs for operational efficiency via AI technology introduction
  • Popularization of cloud services for small and medium enterprises
  • Digitalization promotion in government and finance sectors
  • Growing customer interest in security enhancements
  • Expansion of solutions addressing diverse industry needs
  • Business integration expansion via API integration services
  • Growth in mobile-compatible solutions
  • Increasing demand for environment and sustainability-compliant products
  • Sustainable growth through talent development and organizational strengthening
  • Acceleration of overseas market development

Strategic Goals

  • Capture 30% share of domestic electronic forms market
  • Expand cloud service sales to over 10 billion yen
  • Practical implementation of AI-powered automatic forms analysis
  • Enhancement of sustainability-compliant products and services
  • Launch business expansion into global markets
  • Multiply case volume through consulting collaborations
  • Acquire international security certifications
  • Achieve over 90% employee satisfaction
  • 30% reduction in CO2 emissions through paperless promotion
  • Conduct 100 customer education sessions annually

Business Segments

Electronic Forms SaaS Service

Overview
Comprehensive support for electronic forms from creation to management and storage using cloud infrastructure.
Competitiveness
High customizability and robust security framework
Customers
  • Mid-sized to large enterprises
  • Government agencies
  • Financial institutions
  • Manufacturing
  • Distribution and retail
  • Services
Products
  • OPRO Cloud Service
  • Forms Auto-Creation Tool
  • Forms Management and Operation Support
  • Electronic Application and Declaration System

ERP and Accounting Software Integration

Overview
Supports automation of forms operations through close integration with ERP and accounting software.
Competitiveness
Proven track record and technical expertise in integrating with diverse ERPs
Customers
  • ERP vendors
  • Accounting firms
  • System integrators
  • Small and medium enterprises
Products
  • Accounting Integration Module
  • ERP-Linked Forms Output Tool
  • API Integration Support

Consulting and System Integration

Overview
Consulting services and implementation support accompanying the digitalization of forms operations.
Competitiveness
Multifaceted proposal capabilities through partnerships with major consulting firms
Customers
  • Large enterprises
  • Financial institutions
  • Public institutions
Products
  • Business Process Optimization Support
  • System Implementation Consulting
  • Forms Design Support

Mobile Forms Solution

Overview
Provides forms viewing and input environments compatible with smart devices.
Competitiveness
Balances usability and security in mobile compatibility
Customers
  • Sales departments
  • Field workers
  • Logistics companies
Products
  • Smart Forms App
  • Mobile Viewer
  • Field Input System

Forms Template Provision

Overview
Provides diverse forms templates to facilitate easy implementation.
Competitiveness
Abundant templates and user-friendly editing features
Customers
  • Small and medium enterprises
  • Accounting firms
  • Educational institutions
Products
  • Electronic Forms Template Collection
  • Form Builder

API Integration Service

Overview
API service enabling integration with external systems.
Competitiveness
Flexible integration functions and high reliability
Customers
  • System development companies
  • Business system users
Products
  • Forms API
  • Data Integration Module

Cloud Infrastructure Operation Service

Overview
Provides stable cloud infrastructure operations and support.
Competitiveness
24/7 monitoring and rapid response
Customers
  • Cloud-using enterprises
Products
  • System Monitoring
  • Operation Automation

Training and Education Service

Overview
Supports customer skill improvement to achieve operational efficiency.
Competitiveness
Rich educational programs and proven track record
Customers
  • Corporate IT staff
  • End users
Products
  • Forms Operation Training
  • Administrator Training

Maintenance and Support Service

Overview
Ongoing support to ensure stable product operation.
Competitiveness
Rapid response and high technical expertise
Customers
  • Existing customers
Products
  • System Maintenance
  • Update Provision

Forms Security Measures

Overview
Protects forms data with advanced security features.
Competitiveness
Application of cutting-edge security technologies
Customers
  • Financial sector
  • Medical institutions
  • Public institutions
Products
  • Access Control Management
  • Data Encryption

Electronic Application Support System

Overview
Service supporting smooth online applications.
Competitiveness
User-friendliness specialized for administrative procedures
Customers
  • Local governments
  • Small and medium enterprises
  • Sole proprietors
Products
  • Electronic Application Platform
  • Declaration Form Creation Tool

Multilingual Support Service

Overview
Multilingual forms service for overseas customers.
Competitiveness
Compliance with industry standards
Customers
  • Global enterprises
  • Multinational organizations
Products
  • Multilingual Forms Creation
  • Translation Support

Competitive Advantage

Strengths

  • Advanced forms design technology
  • Stable cloud service operations
  • Flexible customization support
  • Robust security framework
  • Abundant implementation track record
  • Strengthened collaboration with major consulting firms
  • Rapid customer support
  • Diverse industry knowledge
  • Active investment in technology development
  • High usability
  • Scalable service rollout
  • Rich template provision
  • Comprehensive API integration
  • Robust education and training
  • Stable financial base

Competitive Advantages

  • High reliability supporting core business forms domestically and internationally
  • Specialized in cloud-based electronic forms services, holding market superiority
  • Strength in integration with major ERPs
  • Enhanced proposal capabilities through partnerships with consulting companies
  • Rapid track record in electronic applications for domestic government agencies
  • Flexible customization to meet customer needs promptly
  • Security compliance surpassing industry standards
  • Customer touchpoint expansion via diverse sales channels
  • Maintaining competitiveness through continuous product updates
  • Long-term customer relationships and high satisfaction

Threats

  • Entry of major IT firms into forms systems space
  • Intense competition in cloud services market
  • Increased system adaptation costs from regulatory changes
  • Shrinkage of customer segments lagging in digitalization
  • Risk of information security incidents
  • Reduced IT investment due to economic conditions
  • Challenges in overseas market development
  • Delays in responding to rapid technology changes
  • Talent acquisition and development challenges
  • Intensifying competition in new service development
  • Burden of responding to diversifying customer needs
  • Credit damage from system failures

Innovations

2024: Strengthened collaboration with major consulting firms

Overview
Collaborating with major consulting firms to expand customer base and realize advanced business proposals.
Impact
Increased order opportunities and higher case unit prices

2023: Expansion of forms cloud service functions

Overview
Introduced AI-powered automatic forms analysis function to improve operational efficiency.
Impact
Improved customer satisfaction and enhanced competitiveness

2022: Refresh of mobile-compatible services

Overview
Strengthened smartphone and tablet compatibility, enabling forms viewing on the go.
Impact
Increased number of users and new customer acquisition

2021: Standardization of API integration functions

Overview
Built API framework to facilitate integration with diverse systems.
Impact
Improved system integration efficiency and customer convenience

2020: Development of electronic application system

Overview
Supports operational efficiency for local governments with electronic application-compatible system.
Impact
Increased implementations in public institutions

Sustainability

  • Promoting paperless through electronic forms utilization
  • Enhanced energy-saving operations in data centers
  • CO2 reduction via remote work promotion
  • Strengthened internal initiatives for waste reduction
  • Building environmentally considerate supply chain
  • IT education support as social contribution activity
  • Promoting hiring and active roles for diverse talent
  • Data security enhancement project
  • Support for customer proposals to reduce environmental impact
  • Expansion of green power usage
  • Employee health management promotion program
  • Ongoing promotion of work style reform