Overview
Information & Communication

SystemSoft Corporation

System Soft Corporation provides IT services and solutions across two core segments: Technology and Open Innovation. In its Technology segment, the company offers end-to-end system engineering services—from consulting through development and maintenance—with particular strengths in web-based system development for real estate, telecommunications, insurance, and education sectors, along with RPA solutions, AI consulting, and SaaS products including the 'SS Cloud Series' targeting real estate companies. Through its Open Innovation segment, the company delivers DX-driven open innovation services, alliance support, and financial advisory (FA) consulting.

Market Cap
¥5.08B
US$32.4M
EV
¥0.62B
US$3.93M
Stock¥48▲+2.13%
US$1 = ¥156.80 (2026-10-23)
LTM EV/EBITDA
4.0
x
LTM EV/EBIT
4.3
x
LTM PER
145.1
x
LTM PBR
1.0
x
Stock vs TOPIX (1Y, base=100)vs TOPIX ▼-51.7%pt
100
Oct 24, 25 – Oct 23, 26StockTOPIX
MC → EV Bridge
5.08BUS$32.4MMarket Cap0.00BUS$0.00M+ Debt3.29BUS$21.0M− Cash1.18BUS$7.50M− Inv. Sec.0.01BUS$0.05M+ NCI0.62BUS$3.93MEV
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Performance & Balance
Revenue 5Y (¥B)
4.92US$31.4M'21/94.70US$30.0M'22/93.39US$21.6M'23/92.31US$14.7M'24/91.37US$8.76M'25/9
EBITDA 5Y (¥B)
0.55US$3.53M'21/90.51US$3.23M'22/90.25US$1.59M'23/9-0.33-US$2.09M'24/9-0.44-US$2.83M'25/9
Net Income 5Y (¥B)
0.48US$3.08M'21/90.20US$1.28M'22/90.09US$0.59M'23/9-1.53-US$9.76M'24/9-0.26-US$1.65M'25/9
Capital Structure
100%
EquityD/E 0.00xDebt
Liquidity vs Debt 5Y (¥B)▲ Net Cash
CashInv. Sec.Debt
2.56US$16.4M0.58US$3.70M'21/92.36US$15.0M0.57US$3.64M'22/92.12US$13.5M0.36US$2.30M'23/93.82US$24.4M0.13US$0.83M'24/93.50US$22.3M0.08US$0.52M'25/9
Shareholders
Top 10 hold 35.6%
1
El Camino Real Co.,Ltd.
15.32%
2
The Master Trust Bank of Japan, Ltd. (Trust Account)
6.05%
3
BNYMSANV RE BNYMSANVGC RE GCM CLIENT ACC GCS RD JP EQ (Standing Proxy: MUFG Bank, Ltd.)
3.86%
4
Michio MARUYAMA
3.23%
5
Hideki FUJII
1.65%
6
Mitsuko MARUYAMA
1.34%
7
MATSUI SECURITIES CO.,LTD.
1.26%
8
Rakuten Securities, Inc.
0.99%
9
Masahiro ISHIKAWA
0.98%
10
SBI SECURITIES Co., Ltd.
0.92%
Management
7 officers
Haruki YOSHIO
Representative Director, Chairman
Apr 1983 Joined NEC Corporation Jul 1992 Joined the Company; Assistant to the President, General Manager of Corporate Planning Jun 1996 Director, General Manager of Planning Division Jun 2000 Managing Director, General Manager of Engineering Business Division Dec 2005 Representative Director, President Dec 2006 Representative Director, Executive Officer, President May 2012 Director, Uptoumy Inc. Jul 2012 General Manager, System Business Division and Real Estate Information Service Business Division Jan 2013 General Manager, System Solutions Business Headquarters Sep 2014 Director, Avispa Fukuoka Co., Ltd. (current) Oct 2016 Representative Director, President, Alliance Technology Co., Ltd. Jan 2017 Director, Chairman of the Company Apr 2017 Director, DigiIT Co., Ltd. (now SS Technologies Co., Ltd.) Oct 2017 Representative Director, Executive Officer, President of the Company Oct 2020 Representative Director, President of the Company Dec 2024 Representative Director, DigiIT Co., Ltd. (now SS Technologies Co., Ltd.) (current) Jan 2025 Representative Director, Chairman of the Company (current)
1960-06-02
Pavan ONGOLE
Representative Director, President
Jul 1997 Joined Infosys in Bangalore, India Aug 2005 Joined Cisco Systems K.K. in Japan Sep 2007 Obtained MBA from the University of Oxford Graduate School Feb 2010 Joined DeNA Co., Ltd. Jul 2011 Joined SoftBank Corp. Oct 2015 Founded Airi Capital, President (current) Mar 2018 Partner, MFV Partners (current) Dec 2024 Director of the Company Jan 2025 Representative Director, President of the Company (current) Apr 2025 Representative Director, AGAP Co., Ltd. (now JPAX FUND Co., Ltd.) (current)
1978-07-26
Masahiro ISHIKAWA
Director
Dec 2004 Managing Director, AM Business Division and PM Business Division General Manager, Apaman Shop Network Co., Ltd. (now APAMAN Co., Ltd.) Dec 2005 Director of the Company Jul 2006 Managing Director, Apaman Shop Holdings Co., Ltd. (now APAMAN Co., Ltd.) Jun 2007 Managing Director, Apaman Shop Network Co., Ltd. (now Apaman Network Co., Ltd.) Jun 2007 Managing Director, Apaman Shop Leasing Co., Ltd. (now Apaman Property Co., Ltd.) Dec 2016 Director of the Company (current) Apr 2017 Director, DigiIT Co., Ltd. (now SS Technologies Co., Ltd.) Jan 2025 Director, APAMAN Co., Ltd. (now EL CAMINO REAL Co., Ltd.) Oct 2025 Director and CFO of the same company (current)
1969-05-11
Koji OMURA
Director
Oct 1999 Founded Apaman Shop Network Co., Ltd. (now APAMAN Co., Ltd.), Representative Director, President (current) Dec 2005 Chairman, Director of the Company Jul 2006 Representative Director, Chairman, Apaman Shop Network Co., Ltd. (now Apaman Network Co., Ltd.) Jan 2013 Director of the Company (current) Dec 2018 Director, Chairman, Apaman Network Co., Ltd. (current) May 2024 Representative Director, Japan Capital Co., Ltd. (current) Oct 2025 Representative Director, EL CAMINO REAL Co., Ltd. (current) Oct 2025 Chairman, APAMAN Co., Ltd. (current)
1965-06-29
Kazufumi IZUMI
Director, Audit and Supervisory Committee Member
Apr 1980 Joined Fukuoka Sogo Bank (now The Nishi-Nippon City Bank, Ltd.) Jul 2003 General Manager, Secretary Office, the same bank Jun 2005 General Manager, Tokyo Office, the same bank Jan 2010 Seconded to Kyushu Lease Service Co., Ltd., General Manager, CSR Promotion Department Jun 2011 Joined Kyushu Lease Service Co., Ltd., General Manager, Audit Department Jun 2014 Full-time Audit & Supervisory Board Member, Kyushu Lease Service Co., Ltd. Nov 2019 Joined the Company, Administration Division Oct 2024 Internal Audit Office of the Company Dec 2024 Director (Audit and Supervisory Committee Member) of the Company (current)
1956-06-15
Yujiro TAKAHASHI
Director, Audit and Supervisory Committee Member
Aug 1978 Tatsumi Law Research Institute Co., Ltd. Apr 1990 Registered as Attorney-at-Law Dec 1991 Representative Attorney, Yujiro Takahashi Law Office (current) Dec 2014 Director of the Company Dec 2016 Outside Director, Apaman Shop Holdings Co., Ltd. (now EL CAMINO REAL Co., Ltd.) Mar 2017 Outside Audit & Supervisory Board Member, AppBank Inc. Dec 2024 Director (Audit and Supervisory Committee Member) of the Company (current)
1950-04-29
Masaaki ASAKO
Director, Audit and Supervisory Committee Member
Nov 1972 Joined Tohmatsu Aoki Audit Corporation (now Deloitte Touche Tohmatsu LLC) Mar 1981 Registered as Certified Public Accountant Jul 1988 Partner, Audit Corporation Tohmatsu (now Deloitte Touche Tohmatsu LLC) Jan 2010 Staff, Self-Regulation Division, Japanese Institute of Certified Public Accountants Jun 2014 Outside Audit & Supervisory Board Member, Cybozu, Inc. Dec 2015 Director of the Company Dec 2024 Director (Audit and Supervisory Committee Member) of the Company (current)
1944-11-04
Large Shareholding Reports
Kunio KOBAYASHI
2026-04-27
11.07%
EL CAMINO REAL
2026-04-24
15.31%→20.10%
Annual report (as of 2026-03-31): 15.32%
Nomura Asset Management Co., Ltd.
2026-02-05
2.53%→2.53%
Nomura Asset Management Co., Ltd.
2025-12-19
2.53%→2.53%
Nomura Asset Management Co., Ltd.
2025-11-10
2.53%
EL CAMINO REAL Co., Ltd., Representative Director Koji OMURA
2025-10-08
15.31%→15.31%
APAMAN Co., Ltd.
2025-10-07
10.25%→15.31%
APAMAN Co., Ltd.
2025-08-19
10.33%→10.25%
Disclosures
No disclosures
Primary Source Filings
TDnet
2026-08-07
Q3 Earnings Flash
FY ending Sep 2026
EDINET
2026-05-15
Semi-Annual Securities Report
Period: Oct 2025 – Sep 2026
EDINET
2026-04-27
Large Shareholding Report
EDINET
2026-04-24
Large Shareholding Report
EDINETAmended
2026-04-07
Amended Securities Registration Statement
EDINET
2026-04-06
Securities Registration Statement
TDnet
2026-02-13
Q1 Earnings Flash
FY ending Sep 2026
EDINET
2026-02-05
Large Shareholding Report
EDINET
2025-12-19
Annual Securities Report
Period: Oct 2024 – Sep 2025
EDINET
2025-12-19
Large Shareholding Report
EDINET
2025-11-10
Large Shareholding Report
EDINET
2025-10-08
Large Shareholding Report
EDINET
2025-10-07
Large Shareholding Report
EDINET
2025-08-19
Large Shareholding Report
TDnet
2025-08-08
Q3 Earnings Flash
FY ending Sep 2025
EDINET
2025-05-15
Semi-Annual Securities Report
Period: Oct 2024 – Sep 2025
TDnet
2025-02-07
Q1 Earnings Flash
FY ending Sep 2025
EDINET
2024-12-18
Annual Securities Report
Period: Oct 2023 – Sep 2024
EDINET
2024-05-10
Quarterly Securities Report
Period: Jan 2024 – Mar 2024
EDINET
2024-02-09
Quarterly Securities Report
Period: Oct 2023 – Dec 2023
EDINET
2023-12-20
Annual Securities Report
Period: Oct 2022 – Sep 2023
EDINET
2023-08-10
Quarterly Securities Report
Period: Apr 2023 – Jun 2023
EDINET
2023-05-12
Quarterly Securities Report
Period: Jan 2023 – Mar 2023
EDINET
2023-02-10
Quarterly Securities Report
Period: Oct 2022 – Dec 2022
EDINET
2022-12-21
Annual Securities Report
EDINETAmended
2022-12-21
Amended Annual Securities Report
EDINET
2022-08-10
Quarterly Securities Report
EDINET
2022-05-13
Quarterly Securities Report
EDINET
2022-02-14
Quarterly Securities Report
EDINET
2021-12-22
Annual Securities Report
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