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Electronic Technology

FRONTEO, Inc.

Business Summary

FRONTEO Inc. engages in the provision of computer forensic investigation services. The firm includes presentation of electronic data in legal disputes and litigations, and preservation of evidence and research and analysis of documents in overseas litigation. It operates through the following business divisions: LegalTech Artificial Intelligence (AI), AI Solutions, Healthcare and Payment Card Security. The LegalTech AI division offers eDiscovery and fraud investigation services using AI and digital forensics technology. The AI Solutions division assists decision making for productivity enhancement that leads to successful businesses by utilizing 'KIBIT', AI independently developed by FRONTEO. The Healthcare division engages in the research and development of AI to provide transverse analysis on structured and unstructured data residing in healthcare field. The Payment Card Security division conducts investigation on information security incidents in payment card industry; diagnose and provide consulting services eon information security under normal circumstances. The company was founded on August 8, 2003 and is headquartered in Tokyo, Japan.

Financial Highlights

Mar 2020 JPYUSD
Revenue10,470.69M96.30M
Gross Profit3,789.02M34.84M
Operating income-844.44M-7.76M
Income before tax-1,138.37M-10.47M
Net income-929.65M-8.55M
EBITDA149.14M1.37M
Diluted EPS-24.37-0.22
Dividends Per Share----
Total Assets10,921.28M101.16M
Total liabilities7,611.02M70.50M
Total equity3,244.40M30.05M
Operating cash flow-238.06M-2.18M
Currency in JPYCurrency in USD

Historical Data

 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 10,553.00M 11,207.73M 12,217.77M 11,262.07M 10,470.69M
Gross Profit 4,375.20M 3,880.48M 4,731.46M 4,501.16M 3,789.02M
Operating income 69.12M -1,206.66M 177.71M 244.41M -844.44M
Income before tax -8.91M -1,370.86M -860.66M 230.70M -1,138.37M
Net income -196.75M -948.06M -828.12M 52.25M -929.65M
EBITDA 1,068.84M -36.16M 1,368.51M 1,215.69M 149.14M
Diluted EPS -5.53 -26.07 -21.78 1.31 -24.37
Dividends Per Share 3 0 0 3 --
Total Assets 12,931.18M 16,158.87M 14,935.89M 13,943.64M 10,921.28M
Total liabilities 8,275.23M 11,140.19M 10,582.28M 9,321.64M 7,611.02M
Total equity 4,636.76M 4,986.33M 4,314.13M 4,572.40M 3,244.40M
Operating cash flow 616.56M -231.84M 1,466.19M 705.83M -238.06M
 Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020
Revenue 87.87M 103.49M 110.23M 101.55M 96.30M
Gross Profit 36.43M 35.83M 42.69M 40.58M 34.84M
Operating income 0.57M -11.14M 1.60M 2.20M -7.76M
Income before tax -0.07M -12.65M -7.76M 2.08M -10.47M
Net income -1.63M -8.75M -7.47M 0.47M -8.55M
EBITDA 8.90M -0.33M 12.34M 10.96M 1.37M
Diluted EPS -0.04 -0.24 -0.19 0.01 -0.22
Dividends Per Share 0.02 0 0 0.02 --
Total Assets 115.05M 145.01M 140.44M 125.97M 101.16M
Total liabilities 73.62M 99.97M 99.50M 84.21M 70.50M
Total equity 41.25M 44.74M 40.56M 41.31M 30.05M
Operating cash flow 5.13M -2.14M 13.22M 6.36M -2.18M

Valuation Measures

Mar 2020
PER--
ROA-7.47%
ROE-23.78%
Operating margin-8.06%
Profit margin-8.87%

Key executives

  • President, CEO & Representative Director: Masahiro Morimoto
  • COO, Director & Executive Vice President: Naritomo Ikeue
  • CFO, Director & General Manager-Administration: Tomohiro Uesugi
  • Executive Officer & Chief Engineer: Shusaku Nozaki
  • Chief Client Technology Officer: Yoshikatsu Shirai

Shareholders

  • MORIMOTO MASAHIRO /UBIC/ (18.1%)
  • Focus Systems Corp. (7.8%)
  • IKEUE NARITOMO (7.1%)
  • Asset Management One Co., Ltd. (3.0%)
  • KANBAYASHI TADAHIRO (0.9%)
  • Kelly Hearts, Inc. (0.5%)
  • SAKAMOTO SETSUO (0.4%)
  • Fronteo Employee Stock Ownership Plan (0.3%)
  • NOZAKI SHUSAKU (0.3%)
  • KIRISAWA HIROOKI (0.2%)

Contact Details

  • Website:http://www.fronteo.com
  • Address: Meisan Takahama Building, 8/F, 2-12-23 Konan, Tokyo, 108-0075, Japan
  • Phone: +81.3.5463.6344

Related Companies

  • P.C.F. FRONTEO, Inc.
  • Fronteo Employee Stock Ownership Plan
  • Fronteo Communications, Inc.
  • FRONTEO USA, Inc.
  • FRONTEO Korea, Inc.
  • FRONTEO Taiwan, Inc.
  • FRONTEO Healthcare, Inc.
  • FRONTEO Government Services, Inc.

Competitors

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