Jig.jp

Basic Information

Stock Code
5244
Industry
Information and Communications
Category Detail
Content Production & Distribution
Prefecture
Fukui Prefecture
Establishment Year
May 2003
Listing Year
December 2022
Official Website
https://www.jig.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
dely, BeEX, Moi, Cover, Branista, Veltra

Overview

Jig.jp is a growing company in the information and communications industry, established in 2003, primarily engaged in live streaming and mobile app businesses, with diverse IT content development.

Current Situation

Jig.jp achieved consolidated sales of approximately 12.2 billion yen in the fiscal year ending March 2024 and continues steady growth alongside group companies operating live streaming services such as 'Fuwatchi.' Its core live streaming business has captured a broad user base from ages 30 to 50, with stable revenue from item sales. It also offers children's programming terminal 'IchigoJam' and open data platforms for local governments, providing multifaceted IT services. The company is proactive in adopting advanced technologies, such as AI virtual avatars and establishing a VTuber production. It emphasizes sustainability through regional contributions and development bases in Fukui Prefecture, contributing to local economic revitalization. Moving forward, it aims for business expansion by 2030 through app development for spatial computing and enhancement of new live streaming platforms. It seeks synergy from integrating diverse subsidiary businesses while focusing on new market development.

Trivia

Interesting Facts

  • Pioneer IT company headquartered in Sabae City, Fukui Prefecture.
  • Live streaming service 'Fuwatchi' has over 98% amateur streamers.
  • Children's computer 'IchigoJam' is widely used in educational settings.
  • Early entry among Japanese companies into Apple Vision Pro app development.
  • Actively expanding into VTuber business to create new markets.
  • Focuses on diverse countermeasures for troubles in live streaming services.
  • Conducts wide range of IT businesses through multiple subsidiaries.
  • Promotes activities contributing to sustainable regional society.
  • Originally founded with mobile phone browsers and apps.
  • 注目 on digital tourism support in collaboration with Fukui Prefecture Tourism DX Consortium.

Hidden Connections

  • Partnership with Tencent Cloud for AI virtual avatar technology.
  • Joint development with subsidiary B Inc. and Fukui Shimbun for Apple product content.
  • Links live streaming business with regional administrative digital initiatives.
  • VTuber-related business features unique production system different from talent agencies.
  • Restaurant reservation agency service business represents new area entry utilizing digital technology.
  • Presidential change brings management rejuvenation and heightened growth ambition.
  • Core presence among Fukui Prefecture IT companies, contributing to regional industrial revitalization.
  • Regional closeness development serves as differentiation factor in competition with industry giants.

Future Outlook

Growth Drivers

  • Rapid growth and diversification needs in live streaming market.
  • Service innovation through active introduction of AI and XR technologies.
  • Increasing demand for regionally focused IT solutions.
  • Expansion of VTuber and digital content markets.
  • Expansion of children's programming education market.
  • Promotion of digital initiatives and DX needs for local governments.
  • Utilization of advanced technologies toward global expansion.
  • Customer base strengthening through multi-channel sales.
  • Increasing demand for mobile services with smart device proliferation.
  • Creation of new digital businesses in collaboration with regions.

Strategic Goals

  • Achieve over 30 billion yen in annual live streaming business sales.
  • Build open data infrastructure in collaboration with nationwide local governments.
  • Establish revenue structure in VTuber-related areas and expand market share.
  • Develop new differentiated services utilizing AI technology.
  • Double IT employment in Fukui Prefecture.
  • Contribute to improving programming penetration rate in education.
  • Enhance recognition as IT company supporting sustainable society.
  • Strengthen partnerships with diverse platforms.
  • Promote market development with new restaurant DX solutions.
  • Begin phased expansion into overseas markets.

Business Segments

IT Services for Local Governments

Overview
Supports local governments' data utilization and improvement of resident information services.
Competitiveness
Easy data publishing tool requiring no specialized knowledge
Customers
  • Local governments
  • Administrative agencies
  • Public organizations
Products
  • Open Data Platform
  • Web apps for administrative services

IT for Education Sector

Overview
Provides equipment and materials for beginner programming education.
Competitiveness
Low-cost, easy-to-understand educational content for children
Customers
  • School educational institutions
  • Programming classrooms
  • Education-related businesses
Products
  • IchigoJam
  • Programming teaching materials

Streaming Platform Operation

Overview
Operates platforms for live video streaming.
Competitiveness
Streaming infrastructure reaching a broad amateur audience
Customers
  • Individual streamers
  • Talent agencies
  • Event organizers
Products
  • Fuwatchi streaming service
  • topia live streaming

App Development and Operation Support

Overview
Design, development, and promotion support for mobile apps.
Competitiveness
Development expertise adaptable to various industries
Customers
  • Small and medium enterprises
  • Startups
  • Advertising agencies
Products
  • Smartphone app development
  • Digital marketing support

Restaurant Reservation Agency and DX Support

Overview
Provides reservation management and DX promotion support for restaurants.
Competitiveness
Fusion of IT technology and restaurant industry expertise
Customers
  • Restaurants
  • Restaurant chains
  • Reservation site operators
Products
  • Bright Table reservation agency service

Competitive Advantage

Strengths

  • Diverse live streaming service deployment capabilities
  • Regional development centered in Fukui Prefecture
  • Active utilization and cutting-edge investment in IT technology
  • Business portfolio expansion through multiple subsidiaries
  • Strong amateur user base
  • Strengths in services for education and local governments
  • Early experience in mobile browser development
  • Implementation of AI virtual avatar proof-of-concept experiments
  • New entry into VTuber-related businesses
  • Trust as a company listed on the Tokyo Stock Exchange Growth Market

Competitive Advantages

  • Stable and diverse streaming content backed by amateur streamers
  • Superiority in local government services through strengthened regional collaboration
  • Establishment of unique brand in children's computer market
  • Risk diversification through diversified business deployment
  • Advanced appeal from Apple Vision Pro compatible app development track record
  • Rapid business area expansion through aggressive subsidiary strategy
  • Flexible technology application in live streaming-related services
  • Brand building through early entry into VTuber support market
  • Possession of diverse online and offline sales channels
  • Unique ecosystem fusing production and platform operation

Threats

  • Risk of strengthened legal regulations on live streaming
  • Brand image decline due to streaming content scandals
  • Intensified competition with major IT companies
  • Delays in response to rapid technological progress
  • Risk of demand decline due to reduced budgets in local governments and education
  • Revenue instability due to fluidity of streamer base
  • Intensified competition from market growth slowdown
  • Exacerbation of privacy and security issues
  • Emergence of new entrants or alternative platforms
  • Uncertainty in international economic conditions

Innovations

2023: AI Virtual Avatar Proof-of-Concept Experiment

Overview
Verification of introducing AI-powered virtual avatar features into live streaming services.
Impact
Contributes to enhancing streamers' expressiveness and service differentiation

2024: App Development for Apple Vision Pro

Overview
Subsidiary B Inc. develops and launches Vision Pro compatible apps 'Mathquat' and 'Fukui Shimbun V Kan.'
Impact
Enhances presence in cutting-edge technology markets

2025: Tourism DX App 'Spatial Fukui Tour' Development

Overview
Joint development with Fukui Prefecture of Apple Vision Pro compatible app for tourist information and virtual visits.
Impact
Revitalizes regional tourism and creates new revenue sources

2024: VTuber Support Platform Launch

Overview
Launches collaborative support platform 'SPOTLIGHTS' to enter VTuber market.
Impact
Forms foundation for expansion of VTuber-related businesses

2023: VTuber Production Business Launch

Overview
Establishes 'ProForma Production' for VTuber planning and management.
Impact
开拓 new markets and strengthens influencer marketing

Sustainability

  • Contribution to regional economic revitalization and employment promotion in Fukui Prefecture
  • Thorough social responsibility through safe and secure service operations
  • Efficiency improvements through digital transformation promotion
  • Support for spreading programming in education
  • Cooperation and participation in regional digital governance
  • Promotion of IT participation for women and seniors
  • Promotion of ethical use of AI and advanced technologies
  • Strengthening privacy protection and information security