■Company Overview of E-Guardian <6050>
1. Company Overview and History
The company is a comprehensive network security firm with the management philosophy of 'We Guard All.' It was established in 1998 as an IT venture (formerly Hot Pot, Inc.) focusing primarily on the content provider business. During the formative years of the internet industry, it engaged in various new businesses, and in 2005, it consolidated its operations into the bulletin board post monitoring business, changing its name to 'E-Guardian, Inc.' and selling other businesses. After being listed on the Tokyo Stock Exchange Mothers in 2010, it has established a foundation as a 'comprehensive network security company' providing one-stop network security services through mergers and acquisitions and company splits. Key M&A activities include making E-Op, a network monitoring business, a fully owned subsidiary in 2012 (now E-Guardian Tohoku, Inc.), fully acquiring Power Brain, a staffing agency, in 2014 (renamed Link Style, Inc. in 2015, and changed to EG Human Solutions, Inc. in 2017; merged into the company in 2018), spinning off the debugging business of Tranel, Inc. in 2017 (renamed EG Testing Services, Inc. in 2019), fully acquiring HASH Consulting, Inc. in 2015 (renamed EG Secure Solutions, Inc. in 2017), and fully acquiring ITES, Inc., a debugging business, in 2017 (renamed EG Testing Services in 2019), among others.
In recent years, it has strengthened its cybersecurity sector through the acquisition of the cloud-based security service Gresavail (2019) and the full acquisition of the software-based WAF JP Secure (2020) (both were integrated into the current EG Secure Solutions, Inc. in 2021). In terms of overseas expansion, E-Guardian Philippines, established in 2017, and E-Guardian Vietnam, established in 2021, are currently expanding. It has five group companies, with 16 domestic bases and two overseas bases, and has a workforce of 2,378 employees (including 1,976 temporary employees) (as of the end of September 2024). It was promoted to the First Section of the Tokyo Stock Exchange in September 2016 and transitioned to the Main Board during the Tokyo Stock Exchange reorganization in April 2022. In August 2023, it formed a capital and business partnership with Change HD to lead the reorganization of the cybersecurity industry and ventured into the digital BPO sector for enterprises (large corporations and local governments).
(Written by FISCO Guest Analyst, Hideo Kakuta)