Company Overview
1. Company Overview
Project Holdings <9246> is a consulting company listed on the TSE Growth Market that supports clients' DX from strategic planning to execution and improvement. The consolidated number of employees for the fiscal year ending December 2023 was 239 (+72 from the previous year) and is increasing with the expansion of its business. Since the company's establishment, Yunosuke Doi has served as representative director, and from January 2024, he will also serve as CEO.
The group management philosophy (Mission) is to create a project-oriented society. Since the burst of the bubble economy, the Japanese economy has stagnated, and the transition from an industrial capitalist society to an information capitalist society has been progressing. As a result, the quality of people required has changed from task-oriented people who do what they are told to project-oriented people who can promote projects on their own. In the same group, we believe that the only way for the Japanese economy and society to regain vitality is to transform from a vertical or task-oriented organizational structure to a project-oriented structure led by a team of people who can promote projects on their own, and we are expanding our business with this in mind.
2. History
The company was established in January 2016, and since its inception, it has aimed to go public in 2021 as a midterm target. With continued business expansion, it achieved a listing on the TSE Mothers Market (at the time) in September 2021. With the aim of multi-faceted growth through group management, in April 2022, it acquired (as) uloqo, an HR solution business and Quattro Technologies, a technology service provider (changed its name to Project Technologies in January 2023), and in April 2023, Altwise and Dr. Healthy Management, which provide healthcare services, joined the group through M&A. From January 2024 onward, the company will transition to a holding company structure with the aim of continuously improving the corporate value of the entire group through new share acquisitions and launching new businesses, and it has changed its name to its current name. As a follow-up move, in order to concentrate management resources on business conditions, synergy effects, and major businesses, Project Technologies will be merged into Altwise in April 2024, and the sale of Project HR Solutions was announced in May 2024.
At the time of its establishment, its headquarters was located in Toranomon, Minato-ku, Tokyo, but it has moved several times due to business expansion, and as of January 2024, it has moved to Azabudai, Minato-ku, Tokyo. In addition, it moved to the Growth Market of the TSE in April 2022 in response to a review of the market classification by the TSE. Although there is a temporary slowdown in business expansion, the company plans to carry out initiatives to improve corporate value, such as promoting growth strategies and strengthening corporate governance, and to repay stakeholders by returning to a growth trajectory after the fiscal year ending December 2025 in accordance with the 3-year business performance outlook currently being promoted.
(Written by FISCO guest analyst Nozomi Kokushige).