Valtes

Basic Information

Stock Code
4442
Industry
Information and Communications
Category Detail
Systems & Software
Prefecture
Osaka Prefecture
Establishment Year
April 2004
Listing Year
May 2019
Official Website
https://www.valtes.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
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Overview

Valtes is a software testing specialist founded in 2004, specializing in quality improvement support and offering high technical expertise and diverse services in the industry.

Current Situation

Valtes recorded consolidated sales of 10.362 billion yen and operating profit of 840 million yen for the fiscal year ending March 2024, achieving stable growth. Contracted operations in its core software testing services field form the center of its revenue. It has multiple bases in major domestic cities and an offshore development base in the Philippines, promoting business diversification. It is focusing on IT security and automation tool development to improve efficiency through technological innovation. Through subsidiaries, it also engages in software development, system maintenance, and IT consulting. It strengthens information security management with sustainability-conscious operations and ISO 27001 certification. In 2023, it transitioned to a holding company structure to strengthen the group's overall management system. It aims to maintain competitiveness through high-quality testing provision and introduction of new technologies.

Trivia

Interesting Facts

  • Company name is an abbreviation for 'VALue created through TESting'.
  • One of Japan's largest scale companies specialized in software testing.
  • Owns an in-house offshore development base in the Philippines.
  • Rare structure with two head offices in Tokyo and Osaka.
  • Holds ISO 27001 information security certification.
  • Automation testing tool 'T-DASH' is highly evaluated in the industry.
  • Listed on Tokyo Stock Exchange Mothers in 2019.
  • Transitioned to holding company structure in 2023 to strengthen management foundation.
  • Owns a wide range of IT-related subsidiary companies.
  • Focuses on engineer development through education business 'Baltemy'.
  • Early deployment of cloud security services.
  • Provides broad testing services to customers across multiple industries.
  • Stable revenue base at annual sales scale of 10 billion yen.
  • Active in developing test automation and cloud services.
  • President is founder Masafumi Tanaka.

Hidden Connections

  • Subsidiary Tabula has deep ties with the advertising industry through design business.
  • Handles system testing for many of Japan's major financial institutions.
  • Involved in security services for major domestic telecom carriers.
  • ISO 27001 certification strongly supports gaining customer trust.
  • Philippines base is located in an economic special zone, enabling efficient operations.
  • Education program 'Baltemy' adopted as standard training by multiple companies.
  • Holding company transition has strengthened business collaboration among group companies.
  • Corporate evaluation improved backed by multiple awards.

Future Outlook

Growth Drivers

  • Expansion of demand for IT service quality assurance.
  • Growth and普及 of test automation tool market.
  • Increasing importance of cloud security services.
  • Service quality improvement through strengthened human resource development.
  • Acceleration of market development leveraging domestic and international bases.
  • Expansion of group synergies under holding company structure.
  • Promotion of testing-related technological innovation through DX advancement.
  • Expansion of testing market into diverse industrial fields.
  • Social needs for strengthened cyber security measures.
  • Demand for online and diversified education services.

Strategic Goals

  • Achieve consolidated sales of 20 billion yen.
  • Global deployment of quality services across the group.
  • Achieve 80% test automation rate.
  • Thorough sustainability-conscious management.
  • Create new businesses leveraging next-generation technologies.
  • Expand nationwide IT human resource development programs.
  • Build full lineup of DX support services.
  • Expand overseas bases and strengthen multinational collaboration.
  • Become industry leader in information security field.
  • Promote sustainable work style reforms.

Business Segments

Software Testing Services

Overview
Provides contracted testing services to ensure software quality.
Competitiveness
High-quality testing by specialized engineers
Customers
  • Major IT companies
  • Financial institutions
  • Manufacturing
  • Gaming industry
  • Telecom carriers
  • Government agencies
Products
  • Functional testing
  • Performance testing
  • Security testing
  • Automated testing

Software Development and Maintenance

Overview
Comprehensive response from development to maintenance tailored to customer needs.
Competitiveness
Abundant technical capabilities and multi-business deployment
Customers
  • SMEs and large companies
  • System integrators
  • Local governments
Products
  • Web system development
  • Mobile app development
  • System maintenance

IT Security Services

Overview
One-stop service for information security measures.
Competitiveness
Reliability and track record backed by ISO 27001 certification
Customers
  • Financial institutions
  • Trading companies
  • Manufacturing
  • Government agencies
Products
  • Vulnerability assessment
  • WAF construction and operation
  • Security consulting

Training and Education Services

Overview
Provides diverse training programs aimed at improving IT quality.
Competitiveness
Human resource development through proprietary education programs
Customers
  • IT companies
  • General companies
  • Educational institutions
Products
  • Quality assurance training
  • Testing technology training
  • Online learning programs

Offshore Development and Testing

Overview
Efficient development and testing support based in the Philippines.
Competitiveness
High-quality offshore services by local subsidiaries
Customers
  • Domestic IT companies
  • Overseas corporations
Products
  • Cost efficiency support
  • Multi-language development
  • Local operations

Cloud Service Development

Overview
Provides security and integration services suited for cloud environments.
Competitiveness
Active adoption of the latest technologies
Customers
  • Web companies
  • SaaS providers
  • Telecom carriers
Products
  • Cloud WAF
  • System integration
  • SaaS platforms

Software Evaluation Support Tools

Overview
Develops and provides various tools to support testing efficiency and quality improvement.
Competitiveness
Product lineup with numerous awards
Customers
  • Software development companies
  • Quality assurance departments
Products
  • Test support tools
  • Quality management platforms

System Consulting

Overview
Supports optimization before and after system implementation and maintenance planning.
Competitiveness
Leverages expertise in both testing and development
Customers
  • Manufacturing
  • Finance
  • Distribution
Products
  • Business process improvement proposals
  • Quality assurance system construction

Design Business

Overview
Provides diverse design services emphasizing usability.
Competitiveness
Specialized team operations by subsidiary Tabula
Customers
  • Advertising agencies
  • Web production companies
  • General companies
Products
  • UI/UX design
  • Graphic design
  • Advertising material production

Reverse Engineering

Overview
Provides analysis of existing systems and improvement proposals.
Competitiveness
Analytical capabilities by experienced engineers
Customers
  • Manufacturing
  • IT companies
Products
  • Existing software analysis
  • Maintenance support

IT Consulting

Overview
Supports resolution of company-wide IT challenges.
Competitiveness
Broad industry experience and technical capabilities
Customers
  • Listed companies
  • Mid-sized companies
  • Startups
Products
  • IT strategy formulation
  • Quality improvement support

Job Placement Business

Overview
Specialized talent introduction and matching in the IT field.
Competitiveness
Specialized talent introduction leveraging industry knowledge
Customers
  • IT talent
  • IT companies
Products
  • Talent placement services

Competitive Advantage

Strengths

  • Specialized testing technical expertise
  • Broad customer contact through multi-location deployment
  • Reliability from ISO 27001 certification
  • Collaboration with diverse related subsidiaries
  • Development capabilities for test automation platforms
  • Rich customer base and track record
  • Overseas offshore development capabilities
  • Multi-faceted testing service deployment
  • Advanced security services
  • Human resource development through education and training
  • Comprehensive software management tools
  • Financial soundness as a listed company
  • Active investment in new technologies
  • Customer対応力 across broad industries
  • Management efficiency under holding company structure

Competitive Advantages

  • High technical evaluation as a testing specialist
  • Network spanning major domestic cities and overseas
  • Differentiation through proprietary products including automation tools
  • Comprehensive quality assurance including IT security
  • Broad business diversification through subsidiary network
  • High-level information management based on ISO 27001
  • Industry-leading training business for engineer development
  • Rapid technological innovation and new service market launches
  • Transparency and reliability as a listed company
  • Cost competitiveness from Philippines offshore base
  • 対応力 to diverse industry segments
  • Track record of numerous awards and industry certifications
  • Efficient resource allocation under holding company structure
  • Flexible service provision tailored to customer needs
  • Cloud service integration and latest technology adoption

Threats

  • Need to keep up with rapid technological changes in IT industry
  • Intensifying price competition with competitors
  • Challenges in securing and training engineers
  • Increasing investment burden for new technologies
  • Sophistication of security risks
  • Decline in demand due to in-house development trends at client companies
  • Risk of reduced IT investment due to economic fluctuations
  • Rise of overseas offshore competitors
  • Burden of responding to legal and regulatory changes
  • Risk of reputational damage from information leaks
  • Income instability from dependence on major clients
  • Impact from sophisticated cyber attacks

Innovations

2023: Transition to holding company structure

Overview
Transitioned to holding company structure to improve business efficiency and strengthen group management.
Impact
Optimal allocation of management resources and creation of group synergies

2022: Launch of test management tool 'QualityTracker'

Overview
Released in-house developed tool to support software testing planning and management.
Impact
Achieved improved testing efficiency and strengthened quality management for customers

2021: Development and enhancement of test automation tool 'T-DASH'

Overview
Expanded functions of the platform promoting test automation.
Impact
Achieved both cost reduction in testing execution and quality improvement

2022: Launch of cloud WAF service 'PrimeWAF'

Overview
Deployed cloud-based Web Application Firewall for cyber attack countermeasures.
Impact
Contributed to strengthening customer security

2022: Launch of cloud mobile device operation service 'AnyTest'

Overview
Released service enabling actual device testing for smartphones etc. remotely via cloud.
Impact
Improved testing site efficiency and contributed to new market development

2023: Launch of new product 'Baltemy' education service

Overview
Started corporate training service specialized in quality education.
Impact
Successfully strengthened support for customer human resource development

Sustainability

  • Strengthened information security through maintaining ISO 27001 certification
  • Promotion of sustainable IT operations and energy efficiency
  • Human resource development support through collaboration with local communities
  • Business efficiency improvement and environmental burden reduction through digitalization
  • Workplace creation based on diverse work styles and respect for human rights