Jenoba

Basic Information

Stock Code
5570
Industry
Information and Communications Industry
Category Detail
Systems & Software
Prefecture
Tokyo
Establishment Year
February 1997
Listing Year
April 2023
Official Website
https://www.jenoba.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
AGS, Paul to Win Holdings, Digital Hearts Holdings, SHIFT, Systems Design, ODK Solutions, Ymir Link, Barutes Holdings, e-Guardian, Brangista, Open Group, Hyuga PR, KYCOM Holdings

Overview

Jenoba is a systems and software company in the information and communications industry founded in 1997, with strengths in surveying-related fields centered on satellite positioning correction services, and is a technologically advanced company.

Current Situation

Since its listing on the Tokyo Stock Exchange in 2023, Jenoba has continued to grow centered on positioning correction services. Its main business is technology that highly accurately corrects satellite positioning information, providing stable service supply to the surveying industry. Competitors include information processing outsourcing companies such as SHIFT and e-Guardian, and it differentiates itself with its technological strengths. In recent years, it has focused on enhancing and expanding services in response to growing digitalization needs. On the sustainability front, it promotes reducing environmental impact through efficient technology utilization. In the medium to long term, it is strengthening technology development and market expansion, aiming for business development in ITS (Advanced Traffic Systems) and smart city fields. Personnel changes, including top executive transitions, have also been a topic, strengthening the management foundation. Going forward, it aims for growth by balancing technological innovation and customer-focused services.

Trivia

Interesting Facts

  • Technology company founded in 1997 with head office in Chiyoda-ku, Tokyo.
  • Holds a portion of domestic share in positioning correction services for surveying.
  • Information and communications company newly listed on the Tokyo Stock Exchange in 2023.
  • Develops and sells numerous specialized apps for surveying technicians.
  • Handles financial and government agency projects in business outsourcing.
  • New president Mr. Toshi Togami appointed immediately after Tokyo Stock Exchange listing, refreshing management.
  • Renowned for its unique evolution of satellite positioning technology.
  • Collaborates with related companies such as Ymir Link and Brangista.
  • Handles numerous IT security products.
  • Promoting service advancement through AI technology introduction.
  • Contributes to urban development and disaster prevention through the surveying industry.
  • GNSS correction service adopted by local governments nationwide.
  • Established diversified revenue base through intermediate distribution business.
  • Focuses on internal talent development to maintain technological strength.
  • Focusing on cloud service rollout in recent years.

Hidden Connections

  • Contributes to industry standard formation through technical participation in private surveying service standardization organizations.
  • Cooperates with local governments' smart city projects using positioning technology.
  • Increased potential for capital alliances with venture companies following Tokyo Stock Exchange listing.
  • Some customer overlap with main competitor SHIFT, with existing business collaborations.
  • Promoting joint development projects with university research institutions related to satellite positioning.
  • Engages in intermediate transactions with major IT companies in network equipment wholesale.
  • Management team mainly consists of former major telecommunications carrier executives.
  • Handles numerous government agency projects through outsourcing operations.

Future Outlook

Growth Drivers

  • Expansion of smart city market and increasing demand for satellite information
  • Ongoing demand for public surveying and digital map updates
  • Acceleration of service efficiency through AI technology introduction
  • Expansion of cloud and IoT technology utilization
  • Government promotion of digital transformation
  • Increasing demand for precision positioning information in environment and disaster prevention fields
  • Strengthening sales organization for new customer acquisition
  • Expansion of network equipment sales
  • Diversification of outsourcing demand
  • Strengthening talent acquisition and development

Strategic Goals

  • Achieve 30% domestic share in positioning correction market
  • Deploy and expand smart city technologies
  • Double sales through AI and cloud services
  • Advance sustainability対応
  • Establish stable revenue base across diversified business areas
  • Promote globalization through overseas expansion
  • Enter top 3 in business outsourcing field
  • Maintain customer satisfaction above 90%
  • Increase number of advanced engineers by over 50%
  • Enhance corporate value through social contribution activities

Business Segments

Surveying and Geographic Information Systems

Overview
Provides high-precision positioning information services to support surveying and GIS fields.
Competitiveness
Advanced satellite positioning correction technology
Customers
  • Surveying companies
  • Construction companies
  • Local governments
  • Real estate development companies
  • Public transportation operators
Products
  • GNSS Correction Service
  • Surveying Applications
  • Geographic Information System Software

Information Processing Outsourcing

Overview
Outsourcing that meets data and system operation needs across diverse industries.
Competitiveness
Flexible, high-quality commissioned development and operation systems
Customers
  • IT companies
  • Financial institutions
  • Government agencies
  • Logistics companies
  • Manufacturing companies
Products
  • Data Entry Service
  • Software Development
  • Business Operation Support

IT Equipment Sales and Intermediate Distribution

Overview
Supports IT infrastructure through wholesale and sales of other companies' products.
Competitiveness
Extensive product lineup and intermediate distribution expertise
Customers
  • Small and medium enterprises
  • Large enterprises
  • IT service companies
  • Network integrators
Products
  • Network Equipment Sales
  • Storage Products
  • Security Software

Competitive Advantage

Strengths

  • Possesses advanced positioning information correction technology
  • Technology rollout specialized for the surveying industry
  • Diverse systems outsourcing capabilities
  • Improved reliability through Tokyo Stock Exchange listing
  • Customer-focused service provision
  • Solid financial foundation
  • Team of engineers with specialized knowledge
  • Flexible commissioned development system
  • Strong partnerships with local governments
  • Experience and network in IT equipment wholesale

Competitive Advantages

  • Early entry into the satellite positioning correction market ahead of competitors
  • Product lineup specialized in surveying and GIS fields
  • Stable service provision and customer support capabilities
  • Outsourcing capabilities adaptable to diverse industry needs
  • Sense of security and transparency from Tokyo Stock Exchange listing
  • Customization capabilities for individual needs
  • Strong partnerships and regional networks
  • Investment in continuous technological innovation
  • Broad customer touchpoints through intermediate distribution of information and communications equipment
  • Robust security systems

Threats

  • Rapid changes in market needs and technological innovations
  • Competitors catching up technologically and price competition
  • Risk of changes in GPS satellite system specifications
  • Fluctuation risks from dependence on public works
  • Strengthened regulations on data security and personal information protection
  • Stagnation in technology development due to IT talent shortage
  • Risk of infrastructure disruptions from natural disasters
  • Limits to domestic market expansion
  • Increased import costs from exchange rate fluctuations
  • Intensifying competition in the information and communications equipment wholesale industry

Innovations

2023: Enhancement of High-Precision Satellite Positioning Correction Technology

Overview
Developed proprietary algorithms for improving surveying accuracy and incorporated them into products.
Impact
20% improvement in surveying operation efficiency, increased customer satisfaction

2024: Launch of Cloud-Based Positioning Information Service

Overview
Rolled out a new service enabling positioning data analysis on a cloud platform.
Impact
Increase in new customers, expected annual sales of 500 million yen

2022: Expansion of Business Data Outsourcing Services

Overview
Achieved efficiency through AI-utilizing automatic data processing functions.
Impact
30% improvement in work efficiency, cost reduction effects

2023: Advancement of Network Monitoring Tools

Overview
Added AI analysis-based failure prediction functions to enhance product competitiveness.
Impact
15% increase in sales volume, reduced customer churn rate

2021: Security Software Enhancement Update

Overview
Released software corresponding to the latest cyberattack countermeasures.
Impact
Contributed to maintaining and expanding market share

Sustainability

  • Promotion of energy-saving data centers
  • CO2 emission reductions through telework introduction
  • Promotion of recyclable IT equipment adoption
  • 推進 of paperless operations through business efficiency
  • Active participation in community-based environmental activities
  • Active recruitment and development of female engineers