Toyo Tec

Basic Information

Stock Code
9686
Industry
Service Industry
Category Detail
Lifestyle Services
Prefecture
Osaka Prefecture
Establishment Year
January 1966
Listing Year
December 1990
Official Website
https://www.toyo-tec.co.jp/
TSE Information
TSE Information
Yahoo! Finance
Yahoo! Finance
Other Companies
ALSOK, Tossnet, Powder Tech, Kyoei Securi, Keihin, Secom, CSP, AEON Delight

Overview

Toyo Tec is a Kansai-based security and security services company founded in 1966, offering comprehensive, community-oriented security services centered on mechanical guarding and cash transportation.

Current Situation

Toyo Tec recorded consolidated sales of approximately 27.5 billion yen and operating profit of about 850 million yen for the fiscal year ended March 2022, maintaining a stable business foundation. Its core security business provides a wide range of services, including ATM response for financial institutions, cash transportation, and unmanned parking lot monitoring. As a member of the Secom Group, it enjoys high trust and has a strong customer base primarily in the Kinki region. In recent years, it has secured large contracts such as security for the Osaka Expo, contributing to business expansion. Since a scandal in 2019, it has strengthened its internal management systems and focused on compliance. Moving forward, it will introduce advanced security systems using AI and IoT, expand its building maintenance business to meet diverse needs, promote collaboration with local communities, advance sustainable security services, and aim to enhance corporate value over the medium to long term.

Trivia

Interesting Facts

  • Founded as one of the oldest security companies in Kansai.
  • Maintains unique service development as a Secom Group member.
  • Strong ties to its founding parent backed by Resona Bank investment.
  • Secured numerous Osaka Expo security contracts, boosting regional recognition.
  • Strengthened internal audits following a 2019 executive fraud incident.
  • Conducts community-focused PR via local radio and CS broadcasting CMs.
  • Pioneer in unmanned parking lot security.
  • Builds comprehensive security framework through collaboration with diverse group companies.
  • Holds extensive security track record from public facilities to private offices.

Hidden Connections

  • Secom is the largest shareholder with deep business partnership.
  • Kansai Electric Power is a major shareholder, involved in regional infrastructure safety.
  • Resona Bank as founding parent, belongs to former Daiwa Bank group.
  • Collaborates with JR West Japan Comprehensive Building Service for station security.
  • Implemented numerous internal management enhancements after executive scandal.
  • Conducts regional PR activities on Asahi Broadcasting Radio and CS broadcasting.
  • Close collaboration with group companies like Toyo Tec Himeji in Hyogo.
  • Historical ties to Daiwa-kai and multiple zaibatsu-affiliated enterprise groups.

Future Outlook

Growth Drivers

  • Increased security demand related to the 2025 Osaka Expo.
  • Security efficiency improvements and new service creation through AI and IoT adoption.
  • Growing security enhancement needs at financial institutions.
  • Promotion of crime prevention measures by local governments.
  • Expanding demand for watch-over services in aging society.

Strategic Goals

  • Maintain and expand top market share in Kansai region security.
  • Full introduction of AI surveillance and automated security systems.
  • Achieve annual sales of 40 billion yen and operating profit exceeding 2 billion yen.
  • Promote symbiosis with local communities through sustainable management.
  • Strengthen efficient operations through business integration with group companies.

Business Segments

Security Services for Financial Institutions

Overview
Provides cash management and mechanical security services for financial institutions.
Competitiveness
Rapid response capability based on local presence
Customers
  • Banks
  • Credit Unions
  • Non-bank Lenders
  • ATM Management Companies
Products
  • Mechanical Guarding
  • Cash Transportation
  • ATM Cash Loading
  • Surveillance Camera Installation

On-Site Guarding for Corporations

Overview
Supports safety management with on-site presence at companies and public facilities.
Competitiveness
High-quality security personnel training system
Customers
  • Corporate Offices
  • Public Facilities
  • Commercial Facilities
  • Schools and Educational Institutions
Products
  • On-Site Guarding
  • Patrol Guarding
  • Traffic Guidance
  • Event Guarding

Building Maintenance Services

Overview
Provides building equipment maintenance management and renovation services.
Competitiveness
Efficiency through integrated management
Customers
  • Office Building Owners
  • Commercial Facility Operators
  • Hotels
  • Hospitals
Products
  • Air Conditioning Equipment Maintenance
  • Plumbing Inspections
  • Electrical Equipment Management
  • Security Equipment Maintenance

Unmanned Parking Lot Operation Support

Overview
Implements safety management and operational support for unmanned parking lots.
Competitiveness
Customization tailored to regional characteristics
Customers
  • Parking Lot Management Companies
  • Real Estate Management Companies
  • Local Governments
Products
  • Surveillance Camera Installation
  • Mechanical Security System
  • Emergency Response Services

Call Center and Agency Services

Overview
Provides security-linked and general business telephone agency services.
Competitiveness
24/7/365 response system
Customers
  • Security Companies
  • General Companies
  • Government Agencies
Products
  • Security Monitoring Response
  • General Telephone Reception
  • Emergency Notification Agency

Competitive Advantage

Strengths

  • Strong customer base in the Kansai region
  • Reliability from Secom Group affiliation
  • Diverse security services lineup
  • Rapid response specialized in the region
  • Advanced security personnel training system
  • Synergies with building maintenance business
  • Track record in large-scale event security
  • Specialized technology in ATM cash transportation
  • 24-hour call center operations

Competitive Advantages

  • Fine-tuned service provision specialized in the Kansai region
  • Sales capabilities leveraging group trust brand
  • High-quality services backed by extensive security experience and track record
  • Promotion of advanced mechanical security systems
  • Long-term transaction relationships with financial institutions
  • Comprehensive safety management including building equipment
  • Capability to secure large-scale events like the Expo
  • Trust recovery through strengthened internal management
  • Strong collaboration with local communities
  • Flexibility to accommodate diverse customer segments

Threats

  • Difficulty in securing security personnel due to labor shortages
  • Intense price competition with other security companies
  • Transformation of security operations through AI and IoT
  • Cost increases from stricter regulations
  • Risk of image impact from major scandals
  • Customer investment restraint due to economic fluctuations
  • Increasing cyber security risks
  • Risk of cancellation or postponement of public events
  • Rising personnel training costs
  • Intensified competition from new entrants

Innovations

2023: Smartwatch Utilization for Security at Osaka Expo

Overview
Introduced smartwatches for security staff to enhance health management for heatstroke prevention.
Impact
Improved staff health management and stabilized personnel utilization rate

2022: Expansion of AI Surveillance Camera Systems

Overview
Deployed AI-enabled surveillance cameras with person and anomaly detection in multiple facilities.
Impact
Improved security efficiency and shortened anomaly detection time

2024: Enhanced Call Center Auto-Response System

Overview
Introduced AI chatbots to improve efficiency in handling surging inquiries.
Impact
Reduced response time and improved customer satisfaction

Sustainability

  • Improvement of working conditions for security personnel through work-style reforms
  • Reduction of environmental impact through eco-friendly vehicle adoption
  • Resource reduction through promotion of paperless operations
  • Active participation in regional safety events
  • Sustainable development of security technologies