Takeshi Ueno, President and Representative Director
PRONEXUS was first founded in 1930 as a specialized stock certificate printing company, but since the 1970s it has expanded its business scope, having transformed into a specialist company supporting document creation activities relating to corporate information disclosures. During this time, we have worked hard to strengthen our consulting departments and enhance the services we provide in order to support the pertinent and legal information disclosure of our clients. Starting in the 1980s, PRONEXUS began participating in the New Production System, founded based on the Toyota Production System (TPS), in order to address the strict accuracy and delivery needs of disclosure documents. Based on these experiences, we have strived across the entire company to enhance our quality control and production management standards.
Since the start of the 21st century, PRONEXUS has continually endeavored to enhance the reliability and efficiency of its clients' disclosure activities using proprietary IT solutions by building an advanced security and data processing center, developing a disclosure operations support system provided via the Internet, implementing a service compliant with the XBRL computer language for business reports, as well as developing, creating and updating corporate investor relations websites.
We have received positive feedback from many of our clients for these initiatives, which have enabled us to grow our customer base to include approximately 60% of the listed companies in Japan, meaning that we regularly work with more than 2,200 client companies. Our relationship with listed companies in many cases began several years prior to their IPO, and today we continue to work with these same companies many years after their share listing. Additionally, we call more than 80% of Japan's securities and investment trust firms, asset managers and J-REITs our clients and assist these firms with their information disclosure needs.
In order to meet the expectations of these clients, going forward we are committed to providing prompt services that respond to changes in legal systems and society as well as the evolution of technology, and working to further enhance our information security and compliance structures with a deep recognition of our responsibility as well as the social nature of our business.
Although the operating environment surrounding PRONEXUS remains challenging today marked by stagnation in Japan's capital markets and a declining number of listed companies, we find that the role we play is growing more important as evidenced by our assistance provided to clients to comply with the implementation of International Financial Reporting Standards (IFRS). PRONEXUS is firmly committed to delivering new value to its clients by developing highly convenient products and services that are more user-friendly as well as bolstering its IT system and consulting competencies in the disclosure business in which we excel.
Takeshi Ueno
President and Representative Director
