Soracom ＜147a＞ develops and provides the IoT platform “SORACOM.” It provides an IoT platform “SORACOM” that solves common issues faced by client companies when introducing and operating IoT. By using the company's platform, client companies can quickly and efficiently launch IoT services. Large companies such as KDDI, SECOM, Sony Group, and Hitachi, Ltd. are listed as shareholders.

Comprehensive services, specifically communication lines, data storage and visualization applications, network services, etc. necessary for IoT devices and IoT are provided as platform services for client companies starting IoT services. Client companies can purchase IoT SIMs and devices in units of 1 from IoT stores provided by the Group on the web and immediately start using the service. Product sales of SIMs, devices, etc., and consulting services etc. for IoT implementation projects are called “incremental revenue,” and communication services and platform services are called “recurring revenue.” A mobile core is a core system for mobile communication, and performs terminal control, subscriber information management, communication route settings, etc., but in the past, switches and servers were constructed with hardware, so the capital investment burden was large. The Group has built its own software-based mobile core on the public cloud, and has achieved cost competitiveness and high scalability. It also has more than 70 patents related to this mobile core, which is the source of the technical superiority of the company's platform.

Sales for the fiscal year ending 25/3 are planned to increase 25% from the previous fiscal year to 9,912 million yen, and operating profit to increase 27.2% to 925 million yen. In addition to stable recurring growth over the medium to long term, strong growth is expected due to global+ large-scale projects+ strategic projects. As for long-term margin targets, the policy is to aim for an operating margin of 30% or more (non-GAAP) by improving gross profit margins due to an increase in the recurring profit ratio and optimizing the SG&A expenses ratio through operating leverage.