Ibis

Basic Information

Stock Code
9343
Industry
Services
Category Detail
Advertising
Prefecture
Aichi Prefecture
Establishment Year
May 2000
Listing Year
March 2023
Official Website
https://www.ibis.ne.jp/
TSE Information
TSE Information
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Overview

Ibis is a software company established in 2000, an advanced IT service company that has earned high acclaim both domestically and internationally through its flagship app 'ibisPaint'.

Current Situation

Ibis recorded sales of approximately ¥3.397 billion in 2022, establishing a solid financial foundation. With headquarters in Nagoya and Tokyo, it focuses on research and development of mobile and web apps. Its representative product 'ibisPaint' boasts 270 million users and has grown as the most downloaded drawing app in Japan. In 2025, it brought TechnoSpeech, a subsidiary specializing in AI speech synthesis technology, under its umbrella, advancing technological innovation and business diversification. It has acquired certifications such as Privacy Mark and places emphasis on information security. It is strengthening its revenue base through business expansion utilizing external subsidiaries. Post-listing, it is accelerating research and development as well as domestic and international business growth through fundraising, with expectations for continued growth from 2025 onward.

Trivia

Interesting Facts

  • ibisPaint is a global hit app originating from Japan, surpassing 270 million users.
  • Specializes in technology enabling advanced painting on smartphones.
  • One of the few listed IT companies originating from Aichi Prefecture.
  • User works widely shared on SNS, expanding popularity through word-of-mouth.
  • TechnoSpeech, acquired as a subsidiary in 2025, is a pioneer in speech synthesis technology.
  • Maintains an in-house multilingual support team.
  • Established dual headquarters in Nagoya and Tokyo for nationwide expansion.
  • Originally a limited company, reorganized into a corporation in 2001.
  • Holds Privacy Mark certification and thoroughly manages information.
  • Actively expanding AI speech technology business for diversification.
  • ibisPaint's social features have energized the user community.
  • Initiated smart speaker compatibility using subsidiary TechnoSpeech's technology.
  • Wide-ranging partnerships centered on advertising agencies domestically.
  • Strengthening multilingual support for overseas expansion, particularly in Asia.
  • Founded in Hamamatsu City, with Nagoya now as the main headquarters base.

Hidden Connections

  • Ibis's subsidiary TechnoSpeech has entered into technology license agreements with multiple major IT companies.
  • The ibisPaint user community features many professional illustrators in leadership roles.
  • Tokyo headquarters located in a building in the Yahirobori district where IT companies cluster.
  • Actively pursuing collaboration projects with competitors in the advertising industry.
  • Strengthened cross-business collaboration in AI through TechnoSpeech acquisition.
  • Many employees are from Nagoya and have science/engineering backgrounds.
  • ibisPaint's multilingual support covers more than 19 languages worldwide.
  • Received multiple government research grants for AI speech synthesis development.

Future Outlook

Growth Drivers

  • Sustained expansion of domestic smartphone user base
  • Development of new application areas for AI speech synthesis technology
  • Overseas market entry leveraging multilingual support
  • Increasing demand for advanced needs in custom development business
  • Enhancement of online community features
  • Spread of digital content in education
  • Innovation through 5G and next-generation communication technologies
  • Demand for business efficiency amid work style reforms
  • Expansion of app utilization in entertainment
  • Rise in environmental awareness through green IT対応
  • Business synergies via cloud service integrations
  • Increase in software contracts from companies advancing DX

Strategic Goals

  • Achieve top domestic market share in AI speech synthesis business
  • Expand overseas sales ratio to over 30%
  • Business expansion targeting ¥10 billion in sales
  • Strengthen community building through user social features
  • Develop smartphone apps achieving reduced environmental impact
  • Promote diversity with varied talent thriving
  • Establish leadership in education-related app market
  • Comply with and strengthen international security standards
  • Aggressively introduce cloud-native technologies
  • Promote regional expansion and international exchange in social contribution activities

Business Segments

Custom Software Development for Corporations

Overview
Software development services tailored to needs across diverse industries.
Competitiveness
Flexible and rapid development response capabilities
Customers
  • SMEs
  • Large Corporations
  • Medical Institutions
  • Educational Institutions
  • Public Institutions
Products
  • Business Support Systems
  • Custom Web Apps
  • Mobile Applications

AI Speech Synthesis Technology Business

Overview
High-precision speech synthesis technology supporting diverse applications.
Competitiveness
Proprietary natural language processing technology
Customers
  • IT Companies
  • Media Companies
  • Educational Institutions
  • Call Centers
Products
  • AI Speech Synthesis API
  • Voice Generation Software

Smartphone App Development and Operation

Overview
Smartphone content development and distribution business.
Competitiveness
High user satisfaction and brand strength
Customers
  • Individual Users
  • Digital Content Companies
  • Advertising Agencies
Products
  • ibisPaint Series
  • Ad Delivery Systems

Competitive Advantage

Strengths

  • Advanced mobile app development technology
  • Multilingual user base
  • Expansion of AI speech technology via subsidiary
  • Extensive content development experience
  • Solid financial foundation
  • Custom development capabilities for broad customer segments
  • Dual headquarters in Tokyo and Nagoya
  • Acquisition of information security certifications
  • Apps equipped with rich social features
  • Development track record across diverse industries
  • Fundraising capabilities post-listing
  • Aggressive subsidiary acquisition strategy
  • Strengthened online distribution channels
  • Securing of abundant specialized technical personnel
  • Rapid response to technological innovations

Competitive Advantages

  • Largest paint app user base in Japan
  • Technology differentiation through specialized AI speech synthesis subsidiary
  • Foundation for overseas expansion via multilingual support
  • Customer-centric services in custom development
  • Diversified business model supporting stable revenue
  • Accumulated know-how in smartphone app development over long term
  • User retention through community social features
  • Strong brand recognition in the market
  • Rapid technological expansion via subsidiary
  • Enhanced credibility as a listed company
  • Rapid response system with bases in Tokyo and Nagoya
  • Ownership of proprietary speech synthesis technology patents
  • Utilization of vibrant developer community
  • Growth investments enabled by agile capital policies
  • Business alliances with diverse advertising-related companies

Threats

  • Market share pressure from intensifying domestic and international competition
  • Risk of obsolescence due to rapid technological progress
  • Market fluctuations in core app with high dependency
  • Potential risks of information security incidents
  • Strengthened legal regulations and privacy issues
  • Market entry by emerging companies
  • Impact of exchange rate fluctuations on overseas business
  • Sudden changes in user preferences
  • Influence of economic fluctuations on advertising business
  • Intensifying competition for talent acquisition
  • Flexible adaptation to rapid AI technology advancements
  • Compliance with heightened regulations as a listed company

Innovations

2023: Listing on Tokyo Stock Exchange Growth Market

Overview
Listed shares on the Tokyo Stock Exchange Growth Market in March 2023.
Impact
Accelerated research and development and business expansion through fundraising.

2025: Subsidiary Acquisition of TechnoSpeech

Overview
Acquired all shares of TechnoSpeech, which holds AI speech synthesis technology, making it a subsidiary.
Impact
Strengthened competitiveness in the speech synthesis market and promoted technological innovation.

2021: Enhanced Multilingual App Features

Overview
Expanded multilingual support for ibisPaint to support overseas user growth.
Impact
Contributed to global expansion and successfully increased user numbers.

2024: Added Social Features to Smartphone Apps

Overview
Implemented social features allowing users to share impressions and works.
Impact
Improved user engagement and promoted long-term usage.

2022: Continued Privacy Mark Certification

Overview
Strengthened information security management system and maintained certification.
Impact
Achieved maintenance of customer trust and improvement in information protection systems.

Sustainability

  • Customer data protection through strengthened information security
  • Proper management of user data and respect for privacy
  • Work environment improvements supporting diverse work styles
  • Participation in IT education support activities for local communities
  • Office environment built for energy savings and paperless operations
  • Implementation of programs to foster female engineers
  • CO2 reduction through use of environmentally friendly servers
  • Cooperation in cyber security awareness activities
  • Promotion of disability employment and ensuring workplace diversity
  • Regional revitalization support utilizing ICT technology