LITALICO
Basic Information
- Stock Code
- 7366
- Industry
- Services
- Category Detail
- Recruitment & Staffing Services
- Prefecture
- Tokyo
- Establishment Year
- April 2020
- Listing Year
- April 2021
- Official Website
- https://litalico.co.jp/
- TSE Information
- TSE Information
- Yahoo! Finance
- Yahoo! Finance
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Overview
LITALICO is a service company founded in 2005 that specializes in support for people with disabilities and education, serving as a leading company with nationwide employment support services and educational programs.
Current Situation
LITALICO recorded consolidated sales of approximately 19.7 billion yen and net profit of approximately 1 billion yen for the fiscal year ended March 2022, continuing stable growth. The employment support service 'LITALICO Works' operates 113 locations nationwide and boasts a high retention rate for around 3,000 users. Educational services such as 'LITALICO Junior' and 'LITALICO Wonder' are also expanding on a national scale, with a focus on supporting children with diverse disabilities. In 2021, through organizational restructuring, the internet platform business was spun off into an independent subsidiary to improve efficiency. It promotes investment activities centered on solving social issues, along with technology development and policy advocacy. In the medium term, it aims to expand nationwide locations, enhance services through greater utilization of IT technologies, and further diversify its businesses. It is also enhancing management agility through recent personnel changes and subsidiary divestitures.
Trivia
Interesting Facts
- Company name is a coined term combining 'altruism' and 'self-interest'
- Founded in 2005, but re-established in 2020 through name change and corporate merger
- LITALICO Works job retention rate is nearly 90%, a high level
- IT x Making classroom 'LITALICO Wonder' is a pioneer in programming education for children with disabilities
- Active investments in other companies to address social issue of childcare worker shortage
- Operates the industry's largest website handling support information for raising children with developmental disabilities
- Rare company combining employment support and education services for people with disabilities
- In 2021 organizational restructuring, a subsidiary transferred business to the parent company
- Some subsidiaries were listed but are now integrated within the group
- Established a technology research institute specialized in disability support
Hidden Connections
- Personal mobility for wheelchairs from an invested venture company is gaining attention in the global market
- Strong ties with Diet members through policy advocacy on disability welfare
- Connections with industry groups jointly operating funds themed on solving social issues
- Aggressively investing in other welfare-related companies to address childcare worker shortages and expand industry network
- Continuously expanded developmental disability child support business since the Wingl era under original company name
- Collaborates with major job search sites to provide job information for people with disabilities
- Built partnerships with local disability support groups and holds joint events
- In-house research institute successfully developed AI-utilizing welfare apps in collaboration with universities
Future Outlook
Growth Drivers
- Increasing disability welfare needs in an aging society
- Rising social recognition of support for children with developmental disabilities
- Government policies expanding disability welfare services
- Service diversification through expanded welfare applications of IT technologies
- Progress in legal system development for employment support for people with disabilities
- Increased collaboration opportunities from strengthened corporate social responsibility (CSR)
- Regional service expansion through local location development
- Effects of the Act on the Elimination of Discrimination against Persons with Disabilities
- Deepening integration of education and employment support
- Diversifying needs for life support services
Strategic Goals
- Establish over 150 nationwide locations
- Maintain and improve job retention rate above 90%
- Achieve cumulative 500,000 internet service users
- Expand online support services leveraging IT technologies
- Exceed 30 billion yen in sales from disability welfare-related businesses
Business Segments
Operation of Employment Support Facilities for People with Disabilities
- Overview
- Comprehensive provision of operations for employment support facilities and support for employment of people with disabilities.
- Competitiveness
- Nationwide network of locations and high job retention rate
- Customers
-
- Individuals with Disabilities
- Disability Welfare Service Providers
- Government Agencies
- Corporate HR Departments
- Welfare Facilities
- Products
-
- Employment Transition Support Program
- Workplace Adaptation Training
- Corporate Internship Support
- Talent Matching
- Workplace Retention Support
Provision of Education Services for People with Disabilities
- Overview
- Provides educational support for children with developmental disabilities in various formats.
- Competitiveness
- Classroom deployment consolidating specialized expertise
- Customers
-
- Children and Their Parents
- Educational Institutions
- Municipal Education Boards
- Therapy Centers
- Special Needs Schools
- Products
-
- Social Skills Training Program
- Learning Classroom Operations
- IT and Programming Classrooms
- Developmental Disability Support Materials
- Educational Counseling
Internet Media Business
- Overview
- Operates disability-related information sites and provides job support services.
- Competitiveness
- Japan's largest specialized information portal site
- Customers
-
- Individuals with Disabilities
- Families
- Welfare-Related Companies
- Medical Institutions
- Educational Institutions
- Products
-
- Developmental Disability Portal Site
- Job Support Information Site for People with Disabilities
- Recruitment and Career Change Support Services
- Advertising Services
- Member Information Provision
Welfare-Related Program Development and Research
- Overview
- Advances research and technology development in disability welfare.
- Competitiveness
- Industry-leading research organization collaborations and policy advocacy capabilities
- Customers
-
- Municipalities
- University Research Institutions
- Private Companies
- Policy Makers
- NPOs
- Products
-
- Policy Advocacy
- Welfare App Development
- Social Surveys and Research Reports
- Training Programs
- Talent Development Support
Life Planning Services
- Overview
- Provides programs to support life design for people with disabilities.
- Competitiveness
- Specialized services focused on disability welfare
- Customers
-
- People with Disabilities
- Their Families
- Welfare Providers
- Government
- Insurance Companies
- Products
-
- Life Design Support
- Welfare Service Guidance
- Financial Planning Consultation
- Career Change Support
- Career Advice
Competitive Advantage
Strengths
- Comprehensive nationwide employment support network
- Unique expertise specialized in developmental disability education
- Integrated comprehensive disability welfare services across diverse businesses
- High job retention rates and user satisfaction
- Strengthened integration with internet services
- Strong orientation toward solving social issues and investment strategy
- Utilization of knowledge from specialized research institutions
- Regionally rooted service deployment
- Organizational restructuring for improved management agility
- Diverse services addressing various disability needs
Competitive Advantages
- Nationwide employment support network with 113 locations
- High recognition and brand strength in the developmental disability field
- Online support and information dissemination through IT utilization
- Integrated provision of corporate and individual services
- Service improvements linked to policy advocacy and R&D
- Strengthened collaborations with companies and government based on extensive track record
- Comprehensive programs responding to a wide range of disability needs
- Accelerated growth strategy through diverse investments
- Customized support attuned to users and families
- Specialized technological and managerial capabilities in disability welfare
Threats
- Risks from institutional changes due to legal amendments
- Intensifying competition in the disability welfare market
- Rising operational costs for regional locations
- Impacts from new infectious diseases or social changes
- Delays in responding to rapid technological changes in IT services
- Challenges in talent acquisition and labor market environment changes
- Vulnerability of revenue structure dependent on systems
- Risk of customer reduction due to restrained fiscal spending
Innovations
2021: Implementation of Organizational Restructuring and Business Split
- Overview
- Achieved operational efficiency through spin-off of internet platform business into a subsidiary and group reorganization.
- Impact
- Improved management efficiency and business optimization
2020: Strengthening of LITALICO Developmental Navi Operations
- Overview
- Enhanced information dissemination functions of the portal site for developmental disabilities to expand user base.
- Impact
- Increased number of information service users
2022: Sale of Nursing Care Subsidiary nCS
- Overview
- Sold non-core nursing care business subsidiary for approximately 800 million yen to concentrate management resources.
- Impact
- Optimized business portfolio
2023: New Program Development and Location Expansion
- Overview
- Expanded new therapy and learning support programs as well as employment facility locations to strengthen customer base.
- Impact
- Contributes to increase in users and sales
Sustainability
- Focus on promoting social participation of people with disabilities
- Explicitly states promotion of diversity and inclusion in organizational policy
- Strengthening collaboration with regional communities at nationwide locations
- Promotion of environmentally considerate office operations
- Continuous investment in improving quality of disability welfare services