Commercialization of Businesses in AI, HR Tech and Other Areas by the HAIQ Project and SUS-Lab

「Considering the commercialization of consulting services related to the introduction of generative AI」

「We continued to secure orders for industrial AR/VR simulators and metaverse services, as well as development of business efficiency systems using AI and other services.」

「During the interim consolidated period, we continued to secure orders for industrial AR/VR simulators, development of education systems using the metaverse for educational institutions, development of business efficiency systems using AI and other services. The AI business remained stable, accompanied by an increase in gross profit margin.」

「During the cumulative consolidated period of the second quarter, revenue performed strongly on orders for industrial AR/VR content development, development of education systems using the metaverse for educational institutions, development of business efficiency systems using AI, 360° VR tours and other services.」

「During the cumulative consolidated period of the first quarter, we secured orders for industrial AR/VR application development, development of business process automation systems using AI, metaverse space development, and 360° VR tours for educational institutions.」

「During the cumulative consolidated period of the third quarter, we secured orders for application development, metaverse services for educational institutions, metaverse services for companies such as exhibitions and corporate information sessions, 360° VR tours, AI-related contract development and AI education. Revenue increased year on year, and the loss narrowed.」

「In the AI-related field, under the direction of the head of our research institute, a leading authority in cutting-edge AI research and an AI data scientist, we will advance research into AI technologies. By combining AI technologies with the expertise of our engineers, who form a professional engineering group cultivated through our technology and solutions businesses, we will develop our own products, technologies and services and promote contract-based AI business. At the same time, we aim to develop 100 AI professionals over 3 years.」

「In our AI-related initiatives, we also secured an order for contract development involving image recognition.」

「In addition, since the previous consolidated fiscal year, we have changed the business segments reported as reportable segments, and comparisons and analysis for the cumulative consolidated period of the first quarter are based on the revised classification.」

「In the HAIQ business, the company secured contract renewals and new orders for its core product, the AI-matching solution “SUZAKU.” SUS Lab, which focuses on AI-related initiatives, secured orders, while incurring upfront development costs.」

「The HAIQ business, centred on the AI-matching solution “SUZAKU,” secured contract renewals and new orders, resulting in higher revenue and profit year on year. SUS Lab, which focuses on AI-related initiatives, secured orders.」

「Revenue from the AI-matching solution “SUZAKU” increased year on year as the number of orders remained firm.」

「Revenue from the AI-matching solution “SUZAKU” increased slightly year on year, while revenue from custom software development ordered by government authorities in the previous consolidated fiscal year declined.」

「Revenue from the AI-matching solution “SUZAKU” increased slightly year on year, while revenue from custom software development ordered by government authorities in the same period of the previous year declined.」

「Revenue from the recruitment matching solution SUZAKU increased slightly year on year.」

「Revenue from the recruitment matching solution SUZAKU and the business consulting service increased year on year.」

「Sales of the recruitment matching solution SUZAKU began in July 2018, and orders were secured. However, as sales targets were not met, the Company recognises that it needs to review its plans, including a review of the product's positioning, stronger product awareness activities and product improvements.」

「Sales of the recruitment matching solution SUZAKU began in July 2018, and orders were secured. However, following the failure to meet sales targets, the Company recognises that further strengthening and improvement are needed in terms of its sales structure and product functionality.」

「Full-scale sales of the recruitment matching solution SUZAKU began in July 2018. The Company also established its organisational structure and secured orders. However, in light of the failure to meet its sales targets, it recognises that further strengthening of its sales activities is necessary.」

「Full-scale sales of the recruitment matching solution SUZAKU began in July 2018. The Company also strengthened its organisational structure and secured orders.」

「In addition to HQ Profile®, which has a long track record of sales, we began the full-scale sale of SUZAKU, an AI-powered recruitment-matching solution, during the fiscal year. Going forward, we will undertake development of SUZAKU for small and medium-sized enterprises, as well as AI-related development projects.」

「In the IT field in particular, various business opportunities exist amid the rapid expansion from basic and applied research in artificial intelligence to business applications, as well as the increase in services in fields such as HR Tech, a coined term meaning “HR (Human Resource) × Technology” (※), and IoT (Internet of Things). Accordingly, through the HAIQ Project, a project for developing new businesses using HQ (Human Quotinet®) and AI (artificial intelligence), we have developed a recruitment support tool and are beginning its sale. Through SUS-Lab, we will also conduct our own research and development with the aim of securing new revenue opportunities.」