Wedge Holdings

Basic Information

Stock Code
2388
Industry
Other Financial Services
Category Detail
Leasing & Rental
Prefecture
Tokyo
Establishment Year
October 2001
Listing Year
January 2004
Official Website
https://www.wedge-hd.com/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
ASJ, Auto W, Banners, Ichinen Holdings

Overview

Wedge Holdings is a diversified financial content company founded in 2001, with content production and leasing as its main pillars, and expanding finance operations mainly in Southeast Asia.

Current Situation

Wedge Holdings recorded an ordinary loss despite consolidated sales of approximately 770 million yen in the fiscal year ended September 2023, with business restructuring underway. Its mainstay leasing and rental business centers on motorcycle loans in Southeast Asia, while continuing publishing editing and content production in Japan. It positions the Asian market as the core of growth and has strengthened its finance business by consolidating local subsidiaries. Amid fiercely competitive diversified operations, it has formed capital alliances and is advancing group management under a holding company structure. In sustainability and social contribution activities, it supports regional contributions and content culture development while pursuing business plans tailored to the growing Southeast Asian market. Moving forward, it aims to stabilize its financial base and expand growth foundations by improving profitability in leasing financial services and enhancing the brand power of its content business.

Trivia

Interesting Facts

  • Rare company fusing Japanese content production with Southeast Asian leasing.
  • Its mainstay motorcycle loans have high recognition even in the Thai market.
  • Group company with over half of shares held by Showa Holdings.
  • Pioneering case of transitioning to holding company structure in 2005 to advance diversified management.
  • Features diverse business areas handling publishing editing and game-related planning.
  • Expands business across Asia from its headquarters in Koto Ward.
  • Video production specializes in TV programs, excluding CMs.
  • Close capital ties with a locally listed securities exchange company.

Hidden Connections

  • Investment target Group Lease PCL. is a major Thai listed leasing firm with strong business collaboration.
  • Representative director is involved in managing multiple unlisted subsidiaries, steering the entire group.
  • Thai resort business partners with tourism industry for regional revitalization.
  • Related company Brain Navi handles content production, pioneering intermediate areas between anime and publishing.
  • Dissolved capital ties with Phantom Film a few years after acquisition to mitigate financial risks.
  • Holds numerous business alliances with major players in Japan's publishing and content industry.
  • Leverages Japanese industrial networks with Showa Holdings as lead shareholder.
  • Many consolidated subsidiaries are in Southeast Asia, expanding while harmonizing with local culture.

Future Outlook

Growth Drivers

  • Economic growth in Southeast Asian countries and expansion of middle class.
  • Expansion in publishing due to rising demand for digital content.
  • Strengthening local customer base in leasing finance sector.
  • Advancement of business development emphasizing sustainability.
  • Diverse product rollout tailored to global markets.

Strategic Goals

  • Double sales and improve profitability in Southeast Asia leasing business.
  • Expand market share in digital and publishing content divisions.
  • Establish sustainable resort business as regional top brand.
  • Achieve strengthened group governance and management efficiency.
  • Establish long-term growth engines through new business creation.

Business Segments

Leasing and Rental Business

Overview
Provides leasing and rental financial services targeting small and medium-sized enterprises and individuals mainly in Southeast Asia.
Competitiveness
Local-focused financial expertise and utilization of local subsidiaries
Customers
  • Small and medium-sized enterprises
  • Individual business owners
  • Southeast Asian customers
  • Automobile dealerships
  • Machinery manufacturers
Products
  • Motorcycle loans
  • Machinery leasing
  • Auto loan collateral services

Content Production and Publishing Business

Overview
Undertakes planning and production for publishing and games, providing content to diverse media.
Competitiveness
High editing and planning proposal capabilities
Customers
  • Publishers
  • Game companies
  • Advertising agencies
  • Media companies
Products
  • Publication editing
  • Game planning and production
  • Video content production

Resort Operations Support Business

Overview
Supports operations and management of resort facilities in Southeast Asia, contributing to regional economic revitalization.
Competitiveness
Local management by subsidiaries
Customers
  • Tourism operators
  • Hotel operators
  • Local governments
Products
  • Resort facility operations
  • Property management

Competitive Advantage

Strengths

  • Strong business foundation in Southeast Asia
  • Diversified financial services deployment
  • Group control as a holding company
  • Long track record in content production
  • Locally attuned management strategy

Competitive Advantages

  • Unique leasing know-how rooted in Thailand and neighboring countries
  • Hybrid business model combining leasing and content operations
  • Synergy creation within the group
  • Rapid business expansion leveraging local subsidiaries
  • High-specialty content production capabilities

Threats

  • Political and economic risks in Southeast Asia
  • Intensifying price competition from rivals
  • Profit pressure from exchange rate fluctuations
  • Impact of new financial regulations
  • Delays in responding to changing market needs domestically and internationally

Innovations

2023: Established subsidiary to strengthen Southeast Asia leasing business

Overview
Made Brain Navi (Thailand) Co., Ltd. a consolidated subsidiary to expand business foundation.
Impact
Contributes to efficient expansion of local operations and revenue improvement

2022: Strengthened content production by establishing Juso Shinsha Co., Ltd.

Overview
Improved quality of publishing editing business through new editing production subsidiary.
Impact
Successfully increased specialized books and anime-related content

2021: Shifted Group Lease PCL. to equity-method affiliate

Overview
Transitioned from consolidated subsidiary to equity-method related company to improve capital efficiency.
Impact
Improved financial soundness and group management efficiency

Sustainability

  • Implementation of local community support activities in Southeast Asia
  • Promotion of environmental conservation and sustainable resort operations
  • Efforts to enhance employee diversity and work-life balance
  • Strengthening intellectual property protection in publishing and content production
  • Promotion of developing sustainable finance products