Witz

Basic Information

Stock Code
4440
Industry
Information and Communications
Category Detail
Systems & Software
Prefecture
Aichi Prefecture
Establishment Year
June 1997
Listing Year
April 2019
Official Website
https://www.witz-inc.co.jp/
TSE Information
TSE Information
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Other Companies
Quantum Solutions, NID, Core, Optimum, Sec, THE WHY HOW DO COMPANY, PCI Holdings, Interfac, eSOL, ACCESS, Nippon Kogyo, Daiko Tsusho, ISB

Overview

Witz is a specialized systems and software company established in 1997 in the information and communications industry, with embedded software development for the automotive sector as its main business.

Current Situation

Witz specializes in embedded software development for automobiles and has achieved steady sales growth. Based in Aichi Prefecture, it provides services to domestic automakers and related businesses with advanced technological capabilities. Since its Tokyo Stock Exchange listing in 2019, it has strengthened its research and development structure by leveraging raised funds. Although competition in the industry is fierce, it maintains competitive advantages backed by proven track record and trust in its specialized field. Moving forward, it will focus on deepening embedded technologies utilizing AI and IoT to aim for quality improvement. In terms of sustainability, it is working on energy-efficient software development and improvements in the work environment. As part of its future growth strategy, it plans to expand into autonomous driving-related and electric vehicle embedded systems and enter overseas markets.

Trivia

Interesting Facts

  • One of the few companies specialized in embedded software for the automotive industry.
  • Deep ties with the cluster of automotive-related companies in Aichi Prefecture.
  • Continuous innovation system in collaboration with technical research institutes.
  • Number of patents held exceeds industry average.
  • Top-class domestic track record in autonomous driving-related software development.
  • Possesses in-house developed quality verification tools.
  • ISO 27001 information security certification obtained.
  • Approximately 30% of engineers hold PhDs or are highly specialized professionals.
  • Comprehensive dedicated training programs for young engineers.
  • Contributed to industry standardization in in-vehicle communication systems.
  • Actively participates in regional tech fairs to disseminate information.
  • Promotes paperless processes in embedded software development.
  • Introduced agile methods to improve development efficiency.
  • Multiple industry awards received for IoT embedded software.
  • Early introduction and establishment of remote work support systems.

Hidden Connections

  • Handles numerous joint development projects with major local automakers.
  • Multiple joint research contracts with leading domestic university research institutions.
  • Joint verification of in-vehicle safety technology in collaboration with auto insurance companies.
  • Exclusive provision of custom software to specific automotive parts manufacturers.
  • Has technology partnerships with domestic AI tech ventures.
  • Participating in local government smart city initiatives providing technical support.
  • Participating in domestic and international supply chain resilience projects.
  • Produced multiple members for international industry group standardization committees.

Future Outlook

Growth Drivers

  • Expansion of embedded software demand due to spread of autonomous driving technology
  • Increasing needs for high-performance control software with EV proliferation
  • Software performance innovation through AI application
  • Market expansion for embedded software in IoT devices
  • Promotion of high quality through strengthened domestic and international safety standards
  • Increasing technological contributions to sustainable society building
  • Multifaceted sales expansion to acquire new customer segments
  • Linked growth with spread of cloud-integrated services
  • Technology enhancement through talent development and recruitment
  • Demand expansion from DX promotion in domestic manufacturing
  • Strengthening R&D bases to promote technological innovation
  • Establishing superiority through standardization activities with industry

Strategic Goals

  • Expand market share in automotive embedded software domestically and internationally
  • Increase sales ratio of autonomous driving-related software to over 30%
  • Promote development and commercialization of AI-IoT fusion products
  • Standard equip all products with energy-saving and environmental technologies
  • Strengthen global expansion through overseas base establishment
  • Accelerate talent development and double engineer numbers
  • Improve societal evaluation of sustainability activities
  • Maintain R&D expenses at over 10% of sales
  • Maintain and improve customer satisfaction above 90%
  • Increase number of new technology patents for embedded systems

Business Segments

Automotive Embedded Development

Overview
Provides highly reliable embedded software and control systems for the automotive industry.
Competitiveness
Industry-specialized technology and high-quality management
Customers
  • Automobile manufacturers
  • Automotive parts manufacturers
  • In-vehicle equipment suppliers
  • Telematics operators
  • Related consulting firms
Products
  • In-vehicle OS development
  • ECU control software
  • Vehicle security systems
  • Autonomous driving support software
  • Vehicle information integration platform

Industrial Equipment Embedded Development

Overview
Engages in embedded system development and operational support for industrial equipment.
Competitiveness
Software design capabilities adaptable to diverse industries
Customers
  • Industrial equipment manufacturers
  • Electrical equipment manufacturers
  • Medical equipment manufacturers
  • IoT device development companies
  • Manufacturing systems integrators
Products
  • Embedded OS development
  • Firmware development
  • Sensor control software
  • Real-time communication software
  • Energy-saving control systems

Technical Research and Consulting

Overview
Provides consulting services aimed at technological innovation and development efficiency.
Competitiveness
Utilization of expertise across a wide range of technical fields
Customers
  • Corporate research institutes
  • Technology development departments
  • Startups
  • University research institutions
  • Government agencies
Products
  • Systems design consulting
  • Technical evaluation support
  • Prototype development
  • Technical training
  • Project management support

Competitive Advantage

Strengths

  • Technical expertise specialized in automotive embedded software
  • Thorough high-quality software development processes
  • Customer-focused development and support system
  • Rapid response to technological updates
  • Solid financial foundation
  • Strong partnerships with development partners
  • Active adoption of latest technologies
  • Advantages within Aichi Prefecture's industrial cluster
  • Proprietary quality verification tools
  • Extensive embedded OS development track record
  • Reliability through ISO certification
  • Ongoing personnel development programs
  • Automotive security対応 technology
  • Long-term transaction relationships with parts manufacturers
  • High customer satisfaction

Competitive Advantages

  • Maintains higher technical quality than competitors through specialization in automotive embedded software
  • Custom development capabilities flexible to diverse customer needs as a strength
  • Standard equipping of advanced security functions to stay ahead of trends
  • Rapid collaboration and development possible in Aichi Prefecture's automotive industry hub
  • Provides high-reliability products through long-accumulated rigorous quality management processes
  • Incorporates latest embedded software technology trends for continuous improvement
  • Enables development compliant with safety standards and regulations through extensive industry knowledge
  • Stable order base through strong trust relationships with a wide customer base
  • Adaptability to wide range of applications through multi-platform support
  • High delivery compliance rate through effective project management
  • Securing specialized engineers through focus on talent development
  • Advances industry standardization by actively participating in domestic and international standardization activities
  • Value enhancement possible through cloud integration technology
  • Meets societal demands by practicing environmentally responsive software design
  • Progress in autonomous driving-related technology development ahead of competitors

Threats

  • Intensifying market competition leading to increased price competition pressure
  • Risk of lagging behind rapid technological changes
  • Impact from economic fluctuations of major customers
  • Market share decline due to expansion of overseas competitors
  • Increasing security threats from cyber attacks
  • Rising compliance costs for changes in laws and safety standards
  • Impact of semiconductor shortages on development schedules
  • Engineer shortages due to intensifying talent acquisition competition
  • Increasing burden of investments in new technology development
  • Cost fluctuations due to exchange rate variations
  • Increased development load from diversifying customer needs
  • Business activity constraints from natural disasters or pandemics

Innovations

2024: Next-Generation In-Vehicle OS EZ-DriveOS Released

Overview
Developed a new OS with significantly enhanced autonomous driving compatibility and in-vehicle communication functions.
Impact
Received high evaluations from automakers, contributing to order expansion.

2023: Development of AI-Equipped Vehicle Security System

Overview
Designed new software enabling real-time threat detection and response.
Impact
Successfully improved product safety and market competitiveness.

2022: IoT-Compatible Firmware Development for Industrial Equipment

Overview
Developed embedded software enabling integration of IoT devices for manufacturing.
Impact
Successfully acquired new customers in the industrial equipment sector.

2021: Introduction of Energy-Saving ECU Control Technology

Overview
Renewed ECU control software aimed at improving vehicle fuel efficiency.
Impact
Adoption decided by multiple automakers.

Sustainability

  • Promotion of energy-saving software development to reduce environmental impact
  • Promotion of flexible work styles to improve work environment
  • Local job creation through collaboration with regional industries
  • Efforts to reduce CO2 through green ICT initiatives
  • Active investment in sustainable technology development