Willtec
Basic Information
- Stock Code
- 7087
- Industry
- Services
- Category Detail
- Recruitment & Staffing Services
- Prefecture
- Osaka Prefecture
- Establishment Year
- April 1992
- Listing Year
- March 2020
- Official Website
- https://www.willtec.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
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Overview
Willtec is a growing company based in Osaka Prefecture, established in 1992, specializing in dispatching technical engineers to the manufacturing industry and providing maintenance services.
Current Situation
Willtec recorded consolidated net sales of approximately ¥33.3 billion and operating profit of approximately ¥1 billion for the fiscal year ended March 2023, maintaining stable performance. Its core businesses of manufacturing contract work and dispatching mechanical and electrical engineers are strengths closely integrated with manufacturing sites. In 2023, it strengthened its talent supply system, including regions outside the prefecture and overseas, made Hotarux a wholly-owned subsidiary, and promoted business diversification. It also expanded its after-sales service division, establishing customer trust in the maintenance and repair of industrial machinery. To grow in the highly competitive staffing market, it is enhancing the high value-added capabilities of its engineers and strengthening collaboration with overseas regions. It is also focusing on sustainability, actively contributing to local society and employee development. Moving forward, it aims to build a growth foundation for 2030 through manufacturing DX initiatives and expansion of new manufacturing contract businesses.
Trivia
Interesting Facts
- Has specialized in dispatching technical engineers to manufacturing since its founding.
- In 2023, made Hotarux a wholly-owned subsidiary, expanding business domains.
- Established local subsidiaries in Southeast Asia, strong in overseas talent dispatching.
- 4,541 employees (standalone, as of March 2023), large scale.
- Collaboration with Panasonic-related Device Sales Techno.
- Listed on Tokyo Stock Exchange Standard Market in 2020.
- Nationwide expansion based at head office in Yodogawa-ku, Osaka City.
- Highly evaluated for specialization in dispatching mechanical and electrical engineers to manufacturing sites.
- Also engages in manufacturing equipment contracting and repair services.
- Operates multiple related companies responding to diverse manufacturing needs.
- Includes OA equipment buying and selling business of subsidiary Southern Plan.
- Management focus on solving manufacturing industry talent challenges.
- President and Representative Director is Chikara Miyagi.
- Paid-in capital of approximately ¥156 million, mid-sized.
- Current company name after multiple name changes.
Hidden Connections
- Expansion into lighting field via subsidiary Hotarux opens new customer segments.
- Maintains industry network through electronic components wholesale business inherited from Panasonic-related company.
- Southeast Asian local subsidiaries function as bridges for talent dispatching.
- Can provide comprehensive services from engineer dispatching to contracting for large manufacturers.
- Broad manufacturing challenges addressed through inter-company collaboration system.
- Established unique position in the industry through multifaceted business development since founding.
- Plays important role in local Osaka economy through large-scale engineer dispatching.
- Major shareholder Shuji Ogura has significant investment and influence on management.
Future Outlook
Growth Drivers
- Increasing demand for advanced engineers due to manufacturing DX
- Expansion of overseas talent dispatching to resolve labor shortages
- Progress in diversification of manufacturing contracting and outsourcing services
- Ongoing demand for industrial machinery maintenance and repairs
- Expansion of lighting-related business and new market development
- Strengthened support for work environment improvements and engineer skill-ups
- Activation of equipment investments by mid-sized and large manufacturers
- Sustainability対応 aligned with emphasis on social responsibility
- Synergy creation through diverse related company network
- Performance recovery accompanying post-COVID manufacturing industry recovery
Strategic Goals
- Achieve ¥40 billion in manufacturing engineer dispatch sales
- Overseas talent dispatch business to exceed 20% of sales ratio
- Expand new businesses centered on Hotarux
- Strengthen nationwide rollout of manufacturing contracting services
- Business expansion balancing environmental burden reduction and local contributions
- 30% productivity improvement through DX promotion
- Enhanced dispatching対応 for diverse industries
- Promotion of employee skill-ups and multi-skilling
- Establishment and maintenance of sustainable work environments
- Further enhancement of corporate brand value
Business Segments
Manufacturing Engineer Dispatching
- Overview
- Dispatches specialized technical engineers needed at manufacturing sites to support efficient production.
- Competitiveness
- Superior dispatching capabilities closely integrated with manufacturing sites
- Customers
-
- Automobile manufacturers
- Electronic equipment manufacturers
- Heavy industry companies
- Medical equipment manufacturers
- Machining companies
- Industrial equipment manufacturers
- Aerospace parts manufacturers
- Chemical manufacturers
- Food processing plants
- Logistics equipment manufacturers
- Products
-
- Mechanical design engineer dispatching
- Electrical control engineer dispatching
- Production equipment technical support
- Software development support
- Manufacturing line operator dispatching
- Equipment maintenance engineer dispatching
- Quality control engineer dispatching
- FA equipment introduction support
- Technical consulting
- Work standardization support
Manufacturing Contracting and Outsourcing Services
- Overview
- Undertakes various operations at manufacturing sites, contributing to maximizing production efficiency.
- Competitiveness
- Expertise in comprehensive production site contracting
- Customers
-
- Major automobile manufacturers
- Electronic components manufacturers
- Medical equipment manufacturing companies
- Industrial machinery manufacturers
- Inspection outsourcing companies
- Electronic components mounting companies
- General manufacturing plants
- Food manufacturing plants
- Parts assembly companies
- Semiconductor-related companies
- Products
-
- Production line contracting
- Product inspection outsourcing
- Assembly contracting services
- Equipment management outsourcing
- Electronic components mounting outsourcing
- Inspection line construction support
- Product testing services
- Maintenance services
- Manufacturing process improvement support
- Quality control outsourcing
Maintenance and Repair Services
- Overview
- Provides repair and maintenance services to support stable operation of industrial equipment.
- Competitiveness
- Strengths in rapid response and compatibility with a wide range of models
- Customers
-
- Manufacturing companies
- Equipment management companies
- Government-related facilities
- Construction machinery industry
- Logistics equipment operators
- Electronic equipment manufacturing companies
- Heavy equipment operator companies
- Infrastructure-related companies
- Hospitals and medical facilities
- Plant maintenance departments
- Products
-
- Periodic maintenance inspections
- Equipment failure repairs
- Emergency response services
- Preventive maintenance support
- Equipment upgrade support
- Operation monitoring services
- Repair parts procurement support
- Maintenance training
- Diagnostic technology provision
- IoT maintenance management systems
Electronic Components Wholesale and Contract Manufacturing
- Overview
- Business involving wholesale of electronic components and contract manufacturing such as board mounting.
- Competitiveness
- Parts procurement networks and high-quality manufacturing technology derived from Panasonic
- Customers
-
- Electronic components manufacturers
- Electronic equipment manufacturing companies
- Industrial equipment manufacturers
- Medical equipment companies
- Home appliance manufacturers
- Semiconductor manufacturing companies
- Assembly plants
- ITS-related companies
- Information and communications companies
- Research and development institutions
- Products
-
- Semiconductor components wholesale
- Electronic board mounting outsourcing
- Parts procurement agency
- Mounting process management
- Product inspection outsourcing
- Rework services
- Quality assurance support
- Parts inventory management
- Technical support provision
- Manufacturing line design support
Overseas Talent Dispatch Services
- Overview
- Dispatches talent from Southeast Asia to strengthen technical support for Japanese companies.
- Competitiveness
- Dispatch expertise through collaboration with overseas local subsidiaries
- Customers
-
- Japanese manufacturing companies
- Asian manufacturing companies
- IT-related companies
- Logistics companies
- Construction-related companies
- Local governments
- International companies
- Technical cooperation organizations
- Educational institutions
- Manufacturing support companies
- Products
-
- Myanmar engineer dispatching
- Vietnam talent dispatching
- Local talent development
- Multilingual support
- Overseas technical collaboration
- Employment support services
- Sending support
- Foreign employment consulting
- Labor management support
- Overseas project support
Competitive Advantage
Strengths
- Technical engineer dispatching specialized in manufacturing sites
- Broad deployment of manufacturing contracting services
- Business expansion through making Hotarux a wholly-owned subsidiary
- Overseas talent dispatching utilizing Southeast Asian bases
- Stable repair and maintenance services
- Strong customer base and diverse trading partners
- Advanced engineer training expertise and quality control
- Diversified business responding to industry needs
- Stable growth in consolidated performance
- Specialization in mechanical and electrical engineers
- Rapid problem response system
- Long-term trading relationships with major manufacturers
- Flexible talent supply capabilities
- Extensive network of related companies
- Reliability from listing on the Tokyo Stock Exchange Standard Market
Competitive Advantages
- Specialized focus on manufacturing engineer dispatching ensures high expertise
- Dual business foundation in contracting and dispatching solves customer challenges
- Diversification through lighting business via subsidiary Hotarux
- Addresses talent shortages through talent acquisition in Southeast Asia
- Established rapid response system in maintenance and repair field
- Stable revenue from ongoing trust with major customers
- Aggressive utilization of large workforce relative to capital size
- Close customer engagement rooted in local Osaka
- Broad scope covering manufacturing equipment contracting and electronic components wholesale
- Wide service provision possible through diverse related companies
- Business expansion and synergy creation through active M&A strategy
- Stable growth at mid-sized scale with consolidated sales of approx. ¥33.3 billion
- Corporate culture focused on employee education and engineer development
- Management stance flexibly responding to growing market sectors
- Certified as Ministry of Economy, Trade and Industry designated SME collaboration 2023
Threats
- Decline in demand due to economic fluctuations in overall manufacturing
- Intensified competition for engineer acquisition from competitors
- Risks from amendments to staffing laws and regulations
- Chronic talent shortages due to aging population and low birthrate
- Talent supply instability from overseas situation changes
- Reduced demand from customer automation of manufacturing processes
- Risk of contract reductions during economic downturns
- Risk of failing to keep pace with technological innovation speed
- Cost increases from demands for improved working conditions
- Price competition from increasing new market entrants
- Risk of factory operation halts due to natural disasters
- Impact on overseas business profits from exchange rate fluctuations
Innovations
2023: Made Hotarux a Wholly-Owned Subsidiary
- Overview
- Acquired lighting manufacturer Hotarux as a subsidiary to promote business diversification.
- Impact
- Achieved expansion of sales base and entry into new markets
2023: Strengthened Overseas Talent Dispatch Bases
- Overview
- Expanded talent supply system utilizing local subsidiaries in Myanmar and Vietnam.
- Impact
- Improved stability in engineer securing and enhanced market competitiveness
2022: Expanded Manufacturing Equipment Contracting Business
- Overview
- Continued strengthening of electronic components wholesale and contract manufacturing centered on Device Sales Techno.
- Impact
- Diversified sales composition and secured stable profits
2021: DX Promotion for Manufacturing Support Efficiency
- Overview
- Introduced IT tools to manufacturing dispatch services to improve work efficiency and quality control.
- Impact
- Enhanced customer satisfaction and dispatched engineer productivity
2020: Acquired IT Engineer Dispatching Business
- Overview
- Acquired IT engineer dispatching business from Partner Co., Ltd., expanding the engineer dispatch domain.
- Impact
- Expanded business scope by acquiring IT-related customer base
Sustainability
- Promotion of local talent development support activities
- Promotion of energy-saving equipment introduction
- Employee health management and work-style reform promotion
- Logistics efficiency improvements to reduce environmental impact
- Active social contribution activities in local Osaka