Geechs

Basic Information

Stock Code
7060
Industry
Service Industry
Category Detail
Content Production & Distribution
Prefecture
Tokyo
Establishment Year
August 2007
Listing Year
March 2019
Official Website
https://geechs.com/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
DeNA, TecMiLa, GREE Holdings, Nexon, Colopl, GungHo Online Entertainment, gumi, Akatsuki, Bank of Innovation, &factory, INEST, Bandai Namco Holdings, Marvelous

Overview

Geechs is a service industry company founded in 2007, based in Shibuya-ku, Tokyo, engaged in IT talent matching and game and video production.

Current Situation

Geechs recorded consolidated sales of approximately 23.7 billion yen for the fiscal year ended March 2024, achieving steady growth centered on its IT talent business. Although the game business was spun off into a separate company, it is leveraging experience in content planning and operations to develop internet businesses. It is also actively involved in video production and media operations, with a focus on enhancing technological capabilities. Financially, operating profit stands at about 90 million yen, but a net loss of 1.6 billion yen reflects impacts from certain investment costs and market conditions. The company promotes sustainability and regional contribution activities, pursuing management mindful of social responsibility. Toward 2030, it aims to build a stable growth foundation by strengthening IT talent services and expanding online content businesses. The company plans to respond flexibly to investments and market trends while introducing new technologies and sustainable business models.

Trivia

Interesting Facts

  • Geechs has its head office in the advanced IT hub of Shibuya Scramble Square.
  • The game business was spun off in 2018 and transferred to the specialized company G2Studios.
  • IT project introduction services specialized for freelancers are the mainstay business.
  • Established subsidiary NexSeed in Cebu, Philippines, to offer English and IT education.
  • Has achieved rapid growth in line with the expansion of Japan's IT freelance market.
  • Focuses on improving contractor satisfaction through proprietary freelancer support programs.
  • Many previously operated game titles have been transferred to other companies.
  • The 2024 settlement recorded a significant net loss.
  • Also engages in advertising production and video businesses, providing multifaceted services.
  • Representative Director and CEO is Toshihito Sonohara.
  • Director and CFO Daisuke Sakuma is among the executives.
  • Listed on the Tokyo Stock Exchange Standard market as a service industry stock.
  • Business characteristics sensitive to regulatory trends in IT staffing.
  • Operated media 'geechs magazine' serves as an information source for freelancers.
  • Rare multifaceted company also operating the golf information site 'Gridge'.

Hidden Connections

  • Transfer of G2Studios shares shifted the game business to external capital, achieving organizational restructuring.
  • Subsidiary NexSeed's Philippines base collaborates with local IT talent development.
  • Holds a network of long-term engineer dispatch contracts with multiple major IT companies.
  • Capital ties with Web do Japan (now Cruze), founded by the representative.
  • Applying know-how cultivated in IT freelance business to education and video production.
  • Aiming for synergistic effects through business partnerships with multiple Shibuya-based IT-related companies.
  • Shifted listing from Tokyo Stock Exchange First Section to Standard market as part of strategic pivot.
  • Differentiates through specialized platforms compared to numerous competitors.

Future Outlook

Growth Drivers

  • Continued increase in domestic IT freelance demand
  • Advancement of video production technologies and expansion of online content needs
  • Market expansion for global education programs
  • Increase in IT corporate talent investments accompanying economic recovery
  • Creation of diverse project needs due to digitalization progress

Strategic Goals

  • Aim to capture top industry share in IT freelance business
  • Promote diversification through revenue expansion in video production and media businesses
  • Accelerate international expansion of subsidiary education business
  • Advance sustainability management to enhance social evaluation
  • Build an employee-friendly organization emphasizing satisfaction and diversity

Business Segments

IT Talent Services

Overview
Supports companies in securing talent through the training and matching of IT professionals.
Competitiveness
Freelance-specialized platform with abundant projects
Customers
  • IT companies
  • System development companies
  • Startup companies
  • IT departments of major corporations
  • Consulting firms
Products
  • IT Freelance Matching
  • Project Management Support Services
  • Engineer Dispatch
  • Skill-Up Support Programs

Content Production Services

Overview
Enhances customer value through video planning and production for games and corporate advertising.
Competitiveness
Abundant production track record and responsiveness to cutting-edge technologies
Customers
  • Game manufacturers
  • Video production companies
  • Advertising agencies
  • IT companies
  • Broadcast stations
Products
  • Game Promotional Video Production
  • Corporate Video Content Production
  • Internet Advertising Planning
  • AR/VR Content Development

Training and Education Services

Overview
Provides language and IT skill education services through subsidiaries.
Competitiveness
Practical training programs utilizing overseas bases
Customers
  • Corporate training departments
  • Individual learners
  • IT skill acquirers
  • Language learners
Products
  • English Conversation Training
  • IT Technology Training
  • Online Learning Platform

Competitive Advantage

Strengths

  • Abundant project platform specialized in IT freelancers
  • Broad video and media production technologies
  • Strong customer base and project acquisition capabilities
  • Education service expansion through overseas subsidiaries
  • Technological prowess combining theory and practice
  • Network from young to mid-level IT engineers
  • Trust as a Tokyo Stock Exchange Standard market-listed company
  • Risk diversification through diverse business portfolio
  • Advanced environment at headquarters in Shibuya Scramble Square

Competitive Advantages

  • High matching success rate specialized in IT freelance matching
  • Numerous achievements in game promotional video production
  • Utilization of global education resources through subsidiaries
  • Information dissemination power via internet media operations
  • Ensuring project diversity through partnerships with numerous companies
  • Comprehensive provision of freelancer support programs
  • Rapid response to industry trends and technological advancements
  • Solid financial base and stable shareholder composition
  • High employee expertise and service quality
  • Extensive customer network across multiple industries

Threats

  • Risk of market share decline due to intense IT industry competition
  • Funding concerns from prolonged net losses
  • Fluctuations in freelancer demand due to market environment changes
  • Risk of delays in responding to rapid technological trend shifts
  • Impacts from strengthened regulations on staffing
  • Risk of failure in large-scale investment projects
  • Expansion of new competitive entrants
  • Exchange rate fluctuation risks accompanying global expansion
  • Intensified talent acquisition competition due to labor shortages
  • Potential decrease in projects from deteriorating client company performance

Innovations

2024: Completed Transfer of G2Studios Shares

Overview
Transferred all shares of the spun-off game division company G2Studios, advancing business reorganization.
Impact
Promotes business selection and concentration to improve management efficiency

2023: Strengthened Freelancer Support Services

Overview
Enhanced contract and tax support to improve convenience for freelancers.
Impact
Achieved significant improvements in contract volume and customer satisfaction

2022: Introduced AI Technology in Video Production

Overview
Utilized AI in video editing operations to improve production efficiency.
Impact
Reduced work time by 30% and improved cost efficiency

2021: Expanded Online Education Programs

Overview
Expanded online IT and English training by subsidiary NexSeed.
Impact
Participant numbers increased 50% year-over-year

2024: Enhanced Functions of Video Media 'Gridge'

Overview
Strengthened content and functions of the golf information site to acquire new customers.
Impact
Advertising revenue doubled from the previous year

Sustainability

  • Activities to improve freelance working environments
  • CO2 reduction through web conferencing to cut transportation
  • Energy-saving initiatives to reduce internal environmental impact
  • Implementation of IT education support programs for local communities
  • Building diverse and employee-friendly workplace environments