[Company analysis] Comsys Holdings Corporation(コムシスホールディングス)

「Comsys Holdings Corporation(コムシスホールディングス)」is a company who runs information and communication work, electrical equipment work, and information processing related business. Because this company basically conducts B2B transaction, so it is not well known to general consumers. Besides,「Comsys Holdings Corporation」has a very stable financial structure and sound management. It has approximately 16,700 consolidated employees.

 

1. Company Profile

2. Summary and Features

3. Major Business

4. Financial Information

 

 

 

1. Company Profile

 

※Unit is JPY million, as of 2019

Company name	Comsys Holdings Corp.
Company name (Japanese)	コムシスホールディングス
Date of establishment	Monday, September 29, 2003
Headquarters location	〒141-8647 東京都品川区東五反田2-17-1
Capital	10,000
Consolidated sales	481,783
Consolidated operating profit	35,267
Consolidated total assets	439,926
Consolidated capital	301,459
Capital adequacy ratio	68.5%
Consolidated number of employees	16,700

 

 

 

2. Summary and Features

 
「Comsys Holdings Corporation」 is one of the largest telecommunications companies licensed by「NTT(Nippon Telegraph and Telephone Corporation)」. In their telecommunications construction business, their status in market is  very firm and stable. It has a wide range and large scale of electrical work field such as submarine cable construction, mountain telecommunication towers construction, tunnels for telecommunications, small-scale construction for「NTT」telephone offices and general residential electric wiring work.

 

Considering the size of this company, its name recognition is compatatively low. However they still have very big scale of capital and sales, so it sometimes to be called that 「Comsys Holdings Corporation」can be compare with Major general construction companies. This company also has a fairly stable financial position with ample cash assets and a high capital adequacy ratio. It is well known for its sound management, and it is said that it survived almost without damage in the economical crisis caused by Japanese asset price bubble and IT bubble.

Recently, 「Comsys Holdings Corporation」has been focusing on IT-related design, construction, software development, and maintenance-related fields. For this reason, they launched the「COMSYS Information System」 in 2009. In other words, they are planning to develop their business with the goal of becoming an IT general engineering company. Even this company announced the management target of “Camsys Vision NEXT STAGE 2023”, which aims to achieve sales of 600 billion yen or more by 2023.
 
Nowadays,「Comsys Holdings Corporation」operates through the subsidiaries such as 「Nippon COMSYS(日本コムシス)」、「SANWA COMSYS Engineering(サンワコムシスエンジニアリング)」、「TOSYS」、「TSUKEN(つうけん)」、「NDS」、「SYSKEN」、「Hokuriku Denwa Kouji(北陸電話工事)」、「Comsys JOHO System(コムシス情報システム)」、「Comsys Shared Services(コムシスシェアードサービス)」.

 

 

 

3. Major Business

 

■ NTT Equipment Business
「Comsys Holdings Corporation」 conducts  telecommunications equipment construction business related to the construction of wired and wireless networks of the「NTT Group」. Recently, a department of equipment operation (repair and repair) business has also been commissioned to this company.

■ NCC equipment business
NCC is an abbreviation of New Common Carrier, which also carries out telecommunications equipment construction work, CATV work, and other equipment work related to the construction of wired and wireless networks by telecommunications carriers other than the「NTT Group」.

■ IT Solution Business
This business provides optimal solutions in the IT field, from planning proposals to maintenance services, by fusing the know-how accumulated by「Comsys Holdings Corporation」with cutting-edge network technologies.

■ Social system related business
They are involved in the construction of buildings and warehouses, disaster prevention facilities, solar power generation systems, and urban infrastructure, Design and construction of telecommunication civil engineering, general civil engineering and electrical equipment.

 

 

 

4. Financial information

 

※Unit is JPY million

		2016	2017	2018
Consolidated sales		334,163	380,024	481,783
Consolidated operating profit		25,036	30,347	35,267
Consolidated total assets		284,367	328,192	439,926
Consolidated net assets		202,943	231,767	301,459
Breakdown of sales	Nippon COMSYS	213,754	245,302	272,780
	SANWA COMSYS Engineering	42,209	53,084	55,605
	TOSYS	22,527	23,195	23,839
	TSUKEN	46,116	47,873	50,133
	Comsys JOHO System	8,515	8,976	10,497
	NDS			43,536
	SYSKEN			16,723
	Hokuriku Denwa Kouji			7,076
	Others	1,040	1,593	1,589