Medium-Term Management Plan(FY2023/9-FY2025/9)
Endeavoring to Maximize Value Added Cloud Services and Maintain High Growth against the Backdrop of the Growing Cloud Market along with Companies’ DX Transition
As demand for cloud services continues to grow steadily against the backdrop of the DX transition among corporations, the Company will continue to add value through cloud services while maintaining its current growth speed with Microsoft Cloud as its core.
Market background: Expansion of domestic cloud market and High growth potential of Microsoft Cloud
In the Japanese IT market which JBS has entered, motivation among companies to invest in digital transformation (DX) continues to remain stable. The need to accommodate a “new normal” is expanding, such as work style reforms accompanying not only improved productivity and business efficiency but also changes in business processes and business models utilizing digital technologies, resulting in an increasing demand for investment in systems. Corporations’ IT investment is expected to remain stable for the time being, and as the shift to clouds by companies accelerates, needs are increasing for gaining knowledge in cloud technology and services and reviewing IT vendor-dependent system design and development.
Under such circumstances, the JBS Group commenced a three-year medium-term management plan in the fiscal year ending October 2022. In the public cloud market which continues to expand, harnessing its ability to provide one-stop solutions from designing, building, and promoting the use of values, with a focus on Microsoft products, the Company has realized business expansion through direct transactions with major enterprises.
Growth Strategy 2: Strengthening the acquisition and training of human resources (human capital management)
JBS is working to acquire human resources and expand its workforce with a focus on hiring new graduates. We will continue to hire approximately 200 new graduates annually. Regarding mid-career hiring, our current annual number of hires is approximately 70 to 80. However, we intend to expand the number of hires to approximately 100 in the future. In both new graduate and mid-career recruiting, we will strengthen our recruiting capabilities backed by our credibility as a publicly listed company, and will focus on recruiting not only from the Tokyo metropolitan area but also from outside the metropolitan area.
With respect to strengthening our technical capabilities, we will cultivate capabilities in areas with high customer needs (security, upstream design, application development, etc.) in our Microsoft365 technology group, which is the largest population of our engineers. Additionally, in areas such as Data & AI, where competition for acquiring engineers is severe, we will actively collaborate with partners to develop bridge engineers who will be responsible for technical collaboration with partner companies. We are retraining our engineers to meet the needs of the cloud era. We will continue to visualize and analyze our engineers’ skill portfolios, and to engage in strategic training based on this analysis.
Growth Strategy 3: Support for standardization and in-house production
The world’s system environments are changing dramatically with the cloud. Today, it is more optimal to use cloud services, which are constantly being updated by consolidating best practices from around the world, rather than to build standard functions in-house. Through our JBS Cloud Suite, we are working to help customers understand this methodology so that they can optimize their own use of the cloud and recognize its value in terms of speed and reaping benefits.
Growth Strategy 4: Creating group synergies with capital and business alliance companies
The Mitsubishi Research Institute Group has a 20% stake in The Company. We are working to strengthen collaboration within the Group, particularly in projects related to the implementation of Microsoft Cloud. Especially in the possibility of Azure adoption in the public sector, we will work together with the Mitsubishi Research Institute Group to develop customers. Moreover, the Company will strengthen joint proposals by utilizing the knowledge of Data & AI that the Group has cultivated at financial institutions and other organizations.
We will also deepen our strategic alliance with NTV Wands Inc., an IT strategy subsidiary of the Nippon TV Group, in which we have a 20% stake. Through NTV Wands, we will provide support for in-house cloud production in the infrastructure field, as well as support for the development of new cloud apps and platform businesses in the app field. We will continue to strengthen this collaboration and aim to further expand our business into the media industry.