Altech Corporation
TTSE:4641899.00
JPY
+18.00
(+2.04%)
ISIN
JP3126350002
Return %
Stock
S&P 500
1Y
0.41
14.20
3Y
6.73
81.12
5Y
32.34
68.34
Capital Structure
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JPY
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in mil. unless spec.Growth Rates
JPY
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in mil. unless spec.Quarterly Revenue
JPY
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in mil. unless spec.Quarterly Earnings Per Share
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JPY
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in mil. unless spec.Company Description
- CEO
- Yasushi Sudo
- Full Time Employees
- 6,265
- Sector
- Commercial services
- Industry
- Personnel services
- Address
- Queen's Tower C Yokohama KN Japan 220-6218
- IPO Date
- Sep 28, 2000
- Website
- alpsgiken.co.jp
- Similar Companies
- Business
- Altech Corporation (4641.T), founded in July 1968 and headquartered in Yokohama, Japan, principally provides engineering outsourcing services to major manufacturing companies in fields including machinery, electricity and electronics, software, IT, and chemistry; it specializes in upstream processes such as development, design, prototyping, manufacturing, and evaluation through assignment of full-time design and development engineers, team assignments, on-site and off-site project outsourcing, and technical staffing solutions. Core offerings encompass mechanical design, electrical and electronics design, software development, chemistry-related services, and contracted operations in computer-aided design (CAD), office support, and high-value areas like IoT, AI, semiconductors, next-generation automotive components, aerospace, medical equipment, and robotics; the company operates two main reportable segments, Outsourcing Business (primarily domestic) and Global Business (supporting Japanese firms overseas with installation, maintenance, and human resources), supplemented by an Other segment featuring serviced senior housing. It maintains approximately 700 clients across diverse industries such as automotive (33.5% of FY12/24 net sales), semiconductors (19.0%), precision machinery (8.5%), electrical machinery (6.3%), medical (6.2%), machine tools (4.9%), and aerospace defense (3.9%), with geographic operations centered in Japan (26 sales offices, two techno parks, and facilities in Yokohama and Sagamihara), extending internationally via subsidiaries in Taiwan (ALPSGIKEN TAIWAN CO., LTD.), China (Altech Shanghai Co., Ltd.), and Myanmar (ALPSGIKEN MYANMAR CO., LTD.), alongside new businesses in agriculture staffing and robot development (Alps Agri Career Corporation and DONKEY Corporation) and nursing care staffing and IT-enabled home-visit services (Alps Care Heart Corporation). Recent developments include making Tanpopo Shiki no Mori a consolidated subsidiary in January 2024 and merging it into Alps Care Heart in July 2024 to bolster the serviced senior housing business with the opening of Fureai no Mori Sagamihara Lake on May 27, 2024; leadership changes in March 2025 appointed Nobuyuki Watanabe as Chairman and Yasushi Sudo as President; the company launched its twelfth five-year plan in July 2023 targeting new engineering domains, agriculture/nursing care revenue pillars, sustainability contributions, and digitalization for diverse talent, alongside a three-year medium-term plan aiming for FY12/27 net sales of ¥59,000mn, operating profit of ¥6,000mn, and ROE above 20%; FY12/24 results marked record net sales of ¥49,858mn (up 7.9% YoY) and operating profit of ¥5,159mn (up 3.6%), driven by engineer mobilization growth, unit price improvements, and expansions in semiconductors, automotive, and aerospace, with FY12/25 forecasts projecting net sales of ¥52,700mn (up 5.7%) and operating profit of ¥5,400mn (up 4.7%). Consolidated subsidiaries include Alps Business Service Corporation (total staffing), Digital Spice Corporation (digital engineering and space projects), and the aforementioned global and new business entities, supporting a workforce of 6,206 (as of December 2024).