JASTEC Co., Ltd was founded in Tokyo, Japan in 1971 by a young entrepreneurial systems engineer named Shigeru Kamiyama and his colleagues. Their mission was to create a company that would offer services and solutions to remedy the needs of the chaotic software industry in Japan. Since that time, JASTEC has grown into Japan's leading place to go for custom application development. JASTEC has been listed on the 1st section of the Tokyo stock exchange since May 1, 2003, and leads the Japanese application development industry in terms of capital, total sales and profitability. Specializing in custom software development and systems integration, JASTEC has a wide range of software products and leading-edge software development expertise, employing only the best and most sought after software engineers. JASTEC achieved CMMI level-5 for the entire organization in 2003.
In accordance with our strategic initiative to expand internationally,in March 2005 JASTEC acquired, through JASTEC International, Inc., our wholly-owned subsidiary in the United States, 100% of the shares of LTU Technologies S.A.S. in France and LTU Technologies Inc., LTU's subsidiary in the United States. Currently the business of LTU Technologies group is consolidated in JASTEC France S.A.S., our wholly-owned subsidiary in Paris, France.
After we successfully sold JASTEC France S.A.S. in October 2017, we continue to strive for the opportunity to serve global clients with innovative core technologies and know-hows in addition to our innovative software developent methodology ACTUM(R), endorsed with CMMI level-5.
The graph below (Fig. 1) shows JASTEC's business progress in terms of consolidated sales and consolidated income. The second graph below (Fig. 2) shows the breakdown in sales of JASTEC offerings relative to the following industry sectors: Software, Information Processing Services, and the Entire information processing industry.
JASTEC's Current Business - Custom Software Development in Japan
(Fig.1) Business Progress
(Fig.2) Sales breakdown by business entity (Figures:2010)
The culture at JASTEC is one that is committed to doing business with integrity. The Company values provide a consistent, enduring framework for how they operate, and they make JASTEC a special company for customers, partners, and employees alike. Some of the principles that guide their day-to-day behavior include belief in teamwork and open communication, relentless pursuit of performance excellence, commitment to customer driven quality and fostering a "winning attitude" environment where people are the most important asset.