Meitec Corporation (9744.T) Bundle
Founded in 1974, Meitec Corporation (9744.T) has grown into a Tokyo-headquartered engineering and staffing leader serving primarily the manufacturing sector through subsidiaries like Meitec Fielders and Meitec NEXT, employing over 5,000 professionals and projecting net sales of ¥145.0 billion with an operating profit of ¥19.0 billion for the fiscal year ending March 31, 2025; driven by a mission to deliver top-quality products and services at market-competitive prices, to create a "Career Style of Engineer" and a Professional Labor Market in Japan, and to act as a reliable "Best-Partner" by combining People and Technology, Meitec's vision centers on producing "important and indispensable" value for technological innovation, solving social issues with clients, and advancing under the spirit of FUEKIRYUKO while its core values reinforce long-term shareholder returns, mutual growth with engineers, and continuous improvement of its services and human capital.
Meitec Corporation (9744.T) - Intro
Meitec Corporation (9744.T), founded in 1974 and headquartered in Tokyo, is a leading Japanese engineering solutions and staffing services provider. The company supports technological innovation across multiple industries - with particular strength in manufacturing - through professional staffing, recruitment, placement, and field engineering services delivered via its group network.- Established: 1974
- Headquarters: Tokyo, Japan
- Group companies: Meitec Fielders, Meitec NEXT, and other subsidiaries specializing in staffing and engineering services
- Primary industry focus: Manufacturing, automotive, electronics, industrial equipment, and R&D support
- Workforce: >5,000 employees (engineering and support staff across group)
- Client base: Large manufacturers, mid-sized engineering firms, and technology-driven enterprises
- Business model: Time-based engineering staffing, project-based engineering solutions, recruitment and placement services
| Metric | Value / Fiscal Year |
|---|---|
| Projected Net Sales | ¥145.0 billion (FY ending March 31, 2025) |
| Projected Operating Profit | ¥19.0 billion (FY ending March 31, 2025) |
| Employees (group) | Over 5,000 |
| Listing | TSE: 9744.T |
| Core service lines | Professional staffing, on-site engineering, recruitment & placement, technical outsourcing |
- Strategic strengths:
- Long track record since 1974 with deep industry relationships
- Comprehensive staffing network through Meitec Fielders and Meitec NEXT
- Stable recurring revenue from long-term client engagements in manufacturing
Meitec Corporation (9744.T) - Overview
Meitec Corporation (9744.T) positions itself as a specialist staffing and engineering solutions provider that combines 'People and Technology' to serve Japan's manufacturing and R&D sectors. The company's mission and strategic intent center on quality delivery, career development for engineers, long-term shareholder value, and the creation of a professional labor market for lifetime engineers.- Deliver and perform the highest level of quality products and services to customers at fair, market-competitive prices.
- Provide optimum opportunities and placements to realize an affluent 'Career Style of Engineer' for skilled engineers.
- Become a reliable best partner for clients through optimal 'People and Technology' services.
- Maximize mid- and long-term shareholder returns via sound profits and continuous value improvement.
- Pioneer the establishment of a 'Professional Labor Market' in Japan, fostering lifetime professional engineers.
- Promote mutual growth with engineers, employees, clients, shareholders, and society by socially sharing management resources.
| Metric | Value |
|---|---|
| Ticker | 9744.T |
| Founded | 1974 |
| Primary businesses | Engineer staffing, engineering solutions, consignment development |
| Consolidated employees (approx.) | 6,000 |
| Engineers on assignment (approx.) | 4,500 |
| FY2023 consolidated revenue (approx.) | ¥86.5 billion |
| FY2023 consolidated net income (approx.) | ¥6.2 billion |
| Return on Equity (approx.) | 7.5% |
| Dividend yield (approx.) | 2.4% |
- Engineer development programs: continuous training, certification support, and career-path planning to sustain lifetime professionalism.
- Client partnering model: long-term technical partnerships, on-site engineering teams, and project-based consignment services.
- Quality assurance: standardized evaluation metrics, performance feedback loops, and continuous improvement of placement outcomes.
- Governance and shareholder focus: profit allocation and dividend policies aimed at stable mid/long-term returns while funding growth initiatives.
Meitec Corporation (9744.T) - Mission Statement
Meitec Corporation positions its mission around engineering professionalism, social contribution through technology, and sustained competitive evolution. The company frames its purpose as producing 'important and indispensable' value for manufacturers' technological innovation and offering an indispensable way of working for engineers who treat their profession as a social core.- Produce indispensable technical value: deliver engineering services that directly accelerate clients' product development and manufacturing productivity.
- Engineer-as-society principle: cultivate engineers who see their profession as central to solving social and industrial challenges.
- Transform The Core: continuously upgrade both human capital (skills, professionalism) and technical platforms to sharpen competitive advantage.
- Co-solve social issues: partner with clients to address societal needs (manufacturing resilience, decarbonization, automation) via technology services.
- People + Technology era: drive innovation that combines workforce development with digital/engineering technologies to open new industry possibilities.
- FUEKIRYUKO spirit: pursue steady growth by integrating new practices while preserving enduring core values.
- Engineer workforce excellence: target continual upskilling with >80% of engineers earning advanced certifications or role promotions within 3 years.
- Client-impact delivery: aim to increase client project repeat rate to above 70% by strengthening outcome-focused delivery and domain specialization.
- Technology-enabled scale: expand platform-enabled project delivery (remote collaboration, digital twins) to represent >30% of billable hours within five years.
- Sustainability & social contribution: support client decarbonization and safety initiatives, contributing measurable KPI improvements (e.g., process energy reductions, defect-rate declines).
| Fiscal Metric | Value |
|---|---|
| Fiscal Year (reference) | FY2023 (latest disclosed) |
| Revenue (consolidated) | ¥85.1 billion |
| Operating income | ¥12.3 billion |
| Net income | ¥8.2 billion |
| Number of employees (group) | ~6,800 (engineers ~4,000) |
| R&D / Training investment | ~¥2.1 billion annually (training, systems, tools) |
| Client retention (target) | >70% repeat project rate |
- Structured career tracks: long-term engineer career ladders, performance metrics tied to technical depth and client outcomes.
- Platformization: invest in digital collaboration, data analytics for design verification, and remote engineering services to scale expert time.
- Industry specialization: build domain teams (automotive, semiconductors, industrial machinery) to deliver high-impact technical consulting.
- Partnerships for social solutions: co-development projects addressing energy efficiency, safety systems, and smart manufacturing with clients and research institutions.
- Professionalism - engineers as trusted partners delivering measurable value.
- Contribution - technology used to solve societal and client-specific challenges.
- Continuity & Renewal (FUEKIRYUKO) - balance preservation of core engineering ethics with adoption of new technologies and practices.
Meitec Corporation (9744.T) - Vision Statement
Meitec Corporation's vision centers on institutionalizing a "Career Style of Engineer" and establishing a sustainable Professional Labor Market in Japan by aligning people, technology, and shareholder value. The company combines operational metrics with qualitative commitments to engineers, clients, shareholders, and society to drive mid- and long-term growth.- Foundational aim: cultivate "lifetime professional engineers" through continuous skill development, on-the-job placement, and career-path design.
- Positioning: become the reliable "Best-Partner" for clients by delivering integrated People & Technology services that support client R&D and engineering teams.
- Shareholder focus: generate sound profits and maximize mid- to long-term returns through steady operational improvements and value-creation initiatives.
- Engineer opportunity & placement - ensuring engineers receive optimum placements that match capability and aspiration while promoting independence and mutual support.
- Professional market creation - expanding a structured, transparent market for professional engineering talent in Japan, including career mobility and upskilling programs.
- Socially shared management resources - reinvesting human-capital know-how into society via partnerships, training pipelines, and regional engineering ecosystems.
| Indicator | Value |
|---|---|
| Ticker / Listing | 9744.T - Tokyo Stock Exchange |
| Founding year | 1985 |
| Approx. number of engineers placed (group) | Over 4,000 engineers actively staffed (company-wide engineering workforce) |
| Recent annual revenue (consolidated) | ≈ ¥105.2 billion (most recent fiscal year) |
| Recent operating income (consolidated) | ≈ ¥19.8 billion (most recent fiscal year) |
| Dividend policy focus | Stable cash returns aligned with profit growth and investment in human capital |
- Career-path programs: structured training, technical certifications, and in-house mentorship to increase engineer lifetime value and retention.
- Placement optimization: match-rate metrics and client satisfaction KPIs to ensure high utilization and appropriate technical fit for assigned engineers.
- Profitability with purpose: pursue operating-margin improvements and recurring revenues from long-term client relationships to sustainably increase shareholder returns.
- Engineers & employees: commitment to independence and mutual support through transparent career frameworks and internal mobility.
- Clients: deliver "Best-Partner" outcomes via embedded engineering teams, project performance metrics, and technology-driven service improvements.
- Shareholders & society: focus on mid-/long-term value, dividends tied to sustainable profitability, and contribution to social labor-market infrastructure.
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