Project Phoenix targets for revenue, EBITDA and number of engineers
First written in FY2024. 6 of 13 entries say "Advanced", first in FY2025-H1. Latest entry: 2026-08-13.
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- FY2026AchievedAnnual report
「In the current consolidated fiscal year, our group achieved all of the targets of the first medium-term management plan Project Phoenix announced in 2023: 100 engineers, market capitalization of ¥10 billion, consolidated revenue of ¥2 billion and EBITDA of ¥400 million.」
The company explicitly states that it achieved all targets of the first medium-term management plan Project Phoenix: 100 engineers, market capitalization of ¥10 billion, consolidated revenue of ¥2 billion and EBITDA of ¥400 million. - FY2026-H1AdvancedAnnual report
「We have adopted the new medium-term management plan Project Phoenix, announced on 25 September 2023, as our medium-term management vision and established an M&A strategy as a key pillar of our growth strategy to achieve revenue of ¥2 billion, EBITDA of ¥400 million and a workforce of 100 engineers by the end of March 2026.」
Against the targets of revenue of ¥2 billion, EBITDA of ¥400 million and a workforce of 100 engineers by the end of March 2026, the company explained that the acquisition of an IT freelance matching business is expected to add approximately ¥300 million in revenue and approximately 30 engineers. Revenue for the interim period was also ¥860 million. - FY2025AdvancedAnnual report
「The medium-term management plan Project Phoenix, announced on 25 September 2023, provides a roadmap for implementing this basic policy and sets the challenging targets of revenue of ¥2 billion, EBITDA of ¥400 million and a workforce of 100 engineers who will form the core of our technical capabilities by the fiscal year ending March 2026.」
The company reiterated Project Phoenix’s targets and, in its second year, is building the foundation for achieving the plan through the acquisition and integration of businesses via M&A, the establishment of 2 business segments, and the achievement of revenue of ¥1,268 million and operating profit of ¥149 million. - FY2025-H1AdvancedAnnual report
「Under the new medium-term management plan announced on 25 September 2023, covering October 2023 to March 2026, we are focusing on strengthening the foundation for renewed growth as a technology company.」
Based on Project Phoenix’s plan period and policy of strengthening the business foundation, the company is acquiring no-code SaaS, cloud telephony and DX and AI businesses, among others, to build the foundation for the plan. - FY2024First statedAnnual report
「In the new medium-term management plan Project Phoenix announced on 25 September 2023, we set targets of revenue of ¥2 billion, EBITDA of ¥400 million and 100 engineers by the fiscal year ending March 2026.」
The new medium-term management plan systematically presented, for the first time in the annual securities report, multiple measurable targets through the fiscal year ending March 2026: revenue of ¥2 billion, EBITDA of ¥400 million and 100 engineers.