Human Technologies

Basic Information

Stock Code
5621
Industry
Information and Communications
Category Detail
Systems & Software
Prefecture
Tokyo
Establishment Year
December 2011
Listing Year
December 2023
Official Website
https://www.h-t.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
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Overview

Human Technologies is a systems and software company in the information and communications industry, established in 2011. It is an IT service provider growing with its flagship cloud attendance management service 'KING OF TIME' for small and medium-sized enterprises.

Current Situation

Human Technologies listed on the Tokyo Stock Exchange in December 2023 and holds a high market share in the SME sector with its corporate attendance management cloud service 'KING OF TIME.' The latest financial reports show steady sales growth, driven particularly by increasing demand for digital transformation (DX) among SMEs. Continuous investment in cloud technology enhances service quality and functionality, differentiating it from competitors. Key strengths for differentiation from industry rivals include superior usability and customer support. The company also addresses sustainability by promoting paperless operations and remote attendance management to reduce environmental impact. In the medium to long term, it plans further diversification and integration of cloud services, aiming to expand market share by the late 2020s. Funds from the 2023 third-party allotment are being used to strengthen its foundation, with focus on new development and sales enhancement. Ongoing service improvements incorporate user feedback. Backed by rising digitalization needs, steady growth is anticipated.

Trivia

Interesting Facts

  • Achieved TSE listing in just 10 years since founding
  • Major player in SME attendance management cloud market
  • Strength in specialized platform for attendance management
  • User base growing at top-class pace in the industry
  • High UI evaluation for attendance management software within the industry
  • Rare integrated provision of attendance terminals and cloud
  • Collaborations with numerous IT-related companies as related stocks
  • Rapid response to legal amendments on attendance management
  • High-quality customer support highly rated in the industry
  • President actively promoting digitalization of attendance management

Hidden Connections

  • Partnering with many SME associations to penetrate the market
  • Progressing cloud integration partnerships with major IT firms
  • Funds involved as shareholders supporting business growth
  • Regularly holds user meetups to improve customer satisfaction
  • Considering integration with labor management services beyond attendance
  • Strengthening expansion to SMEs outside Tokyo
  • Structure benefits from SME IT support policies
  • Attracting attention as potential M&A target in cloud services

Future Outlook

Growth Drivers

  • Promotion of digital transformation among SMEs
  • Expanding adoption of remote work and flex time
  • Continued rise in cloud service utilization rates
  • Increasing needs for attendance management due to legal compliance
  • Demand for business efficiency via strengthened API integration
  • New customer acquisition from rising IT budgets
  • Growing importance of improving employee engagement
  • Expansion of mobile utilization with smart device penetration
  • Leveraging subsidies for work style reform initiatives
  • Expanding adoption of next-gen technologies like AI analysis

Strategic Goals

  • Maintain top 3 share in cloud attendance management market
  • Achieve 100,000 corporate users
  • Realize provision of multifaceted labor management solutions
  • Actively contribute to environmental reduction and sustainability
  • Strengthen value creation via AI and data utilization
  • Prepare foundations and launch overseas expansion
  • Thorough advanced security and legal compliance
  • Continuous investment in improving employee work environment
  • Maintain customer satisfaction above 90%
  • Ensure transparency and sustainable growth as a listed company

Business Segments

SME-Targeted Attendance Cloud

Overview
Provides cloud services to streamline attendance management mainly for SMEs.
Competitiveness
Simple usability and quick implementation
Customers
  • SME owners
  • HR personnel
  • Labor management staff
  • Apparel retail
  • Restaurants
  • Service industry
Products
  • KING OF TIME Basic Plan
  • KING OF TIME App
  • Reporting Function

Large Enterprise & Multi-Store Solutions

Overview
Deploys solutions enabling flexible integration and customization for large-scale users.
Competitiveness
High customizability and multi-function integration
Customers
  • Large enterprises
  • Multi-store operators
  • Franchise headquarters
  • Logistics
  • Manufacturing
Products
  • KING OF TIME Advanced Plan
  • API Integration Service
  • Custom Development

Attendance Management Hardware Provision

Overview
Supplies dedicated terminals for attendance punching to support accurate data collection.
Competitiveness
Stable hardware quality
Customers
  • Corporate general affairs departments
  • Store operation managers
  • Labor management staff
Products
  • HC Touch Panel Terminal
  • Fingerprint Authentication Terminal

Labor Management & Consulting

Overview
Promotes business efficiency through support for improving attendance and work management operations.
Competitiveness
Practical support based on specialized knowledge
Customers
  • Corporate executives
  • HR departments
  • Social insurance labor consultants
Products
  • Labor Optimization Consulting
  • Operational Support Service

Competitive Advantage

Strengths

  • Share in cloud attendance management for SMEs
  • User-friendly interface and rich features
  • Comprehensive customer support
  • Rapid service improvement capability
  • Stable hardware product provision
  • Expandability via flexible API integration
  • High market recognition and brand strength
  • Strengths in direct and e-commerce sales
  • Active adoption of latest technologies
  • Prompt customer response system

Competitive Advantages

  • Pioneering position in SME attendance management cloud market
  • Superior balance of multi-functions and simple operation
  • Customization responsiveness to customer needs
  • High compatibility with other systems via APIs and external integrations
  • Competitive edge maintained through regular feature updates
  • Stable revenue from solid customer base
  • Integrated provision of attendance punching hardware
  • Rapid support and training services
  • Improved fundraising and credibility post-listing
  • Track record of collaborations with major industry players

Threats

  • Intensifying price competition from rivals
  • Delays in responding to rapid technological innovations
  • Increasing cybersecurity risks
  • Changes in attendance management requirements due to legal amendments
  • Cloud service outage risks
  • Challenges in talent acquisition
  • Decline in IT investments by SMEs
  • Deterioration in client company performance during economic downturns
  • Threats from new entrants from other industries
  • Rising IT hardware procurement costs due to exchange rate fluctuations

Innovations

2023: Third-Party Allotment Conducted

Overview
Expanded development resources with fundraising to focus on service enhancement.
Impact
Promotes user growth through service expansion

2022: Mobile App Functionality Enhanced

Overview
Expanded to enable attendance punching and request processing on smartphones.
Impact
Improved usability and customer satisfaction

2021: API Integration Platform Developed

Overview
Standardized data integration with external systems to support business efficiency.
Impact
Contributes to corporate system integration

2020: Fingerprint Authentication Terminals Introduced

Overview
Developed and began providing biometric devices to improve attendance accuracy.
Impact
Prevents fraudulent punching and enhances management accuracy

Sustainability

  • Reducing environmental impact through paperless attendance management
  • Supporting new work styles with remote attendance management
  • Promoting energy efficiency in data centers
  • Supporting users' work style reforms
  • Ensuring stable operation and long-term usability of cloud services
  • Smartening attendance operations to reduce labor burden