fonfun＜2323＞ operates a cloud solution business with product groups such as the SMS delivery service "Bansou SMS," remote security tools for businesses, cloud phone system "CallConnect," and daily accounting platform for restaurants "Resdak," as well as DX solution business that involves engineering technical outsourcing. Since the fiscal year ending March 2025, the segments have been changed from the traditional "remote mail business," "SMS business," "voicemail business," "contract software development business," and "other business" to "cloud solution business" and "DX solution business."

"Cloud solution business" (accounting for 69.4% of the sales in the first quarter of the fiscal year ending March 2025) becomes a business that includes mainly SaaS-type services such as the existing "Bansou SMS" and "remote mail." Revenue mainly consists of usage fees for SaaS, leading to stable growth. On the other hand, "DX solution business" (30.6%) is a new business but serves as a core business that will have a significant impact on the company's performance in the future. It aims to address each customer's needs, promote the digital transformation of companies and society as a whole with data, technology, and a deep understanding of customer business, and produce businesses together with customers.

In the first quarter of the fiscal year ending March 2025, revenue increased by 36.8% year-on-year to 235 million yen, adjusted operating profit (EBITDA) reached 49 million yen, a 2.3-fold increase, while operating profit landed at 40 million yen, a 4.2-fold increase. Both the cloud solution business and DX solution business segments are sustaining growth. Furthermore, the full-year revenue forecast has been raised from 831 million yen to 1,269 million yen (an 81.4% increase from the previous year), and operating profit from 80 million yen to 133 million yen (a 79.1% increase), taking into account the accounting effects of the consolidation of joint ventures selfree, Groo Code Communications Co., Ltd., and E Cloud Services Co., Ltd. as subsidiaries in the second quarter.

The company has disclosed a new medium-term management plan, aiming for stable growth of existing businesses, the creation of core businesses through the DX business and M&A, their numerical targets include 2 billion yen in revenue, 0.4 billion yen in EBITDA, and expecting 100 engineers by March 2026. The company is strengthening its business and management structure with a board of directors who have expertise in various fields such as DX, overseas business, and M&A. In terms of acquiring engineering talent, they aim for M&A of domestic software development companies, SES companies, and overseas offshore development companies. With continued high growth performance, it is worth noting the company's transition period in business, looking forward to steady growth of the existing cloud solution business, as well as anticipating growth in the DX solution business and discontinuous growth from M&A.