CSK CORPORATION: SWOT Analysis &
Reference code: TC0006CP
Published: Nov 2010
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CSK CORPORATION - SWOT Profile Page 1
CSK CORPORATION - Company Overview
CSK Corporation (formerly known as CSK Holding Corporation), is a information technology company which involves in
offering various services such as information service, financial service, securities segment and prepaid card. The major
offerings of the company include computer equipment and related consulting and education services; consulting and
education services, venture capital business; securities and related businesses; and the issuing and liquidation of prepaid
cards. In addition, the company also engages in the sale of computers and peripheral machines and sale of card systems.
The company operates through 24 subsidiaries by focusing on its core business activities. CSK operates in Japan, China
and rest of the world. The company is headquartered at Minato-ku (Tokyo), Japan.
The company reported revenue of JPY 169,518 million during the fiscal year ended March 31, 2010. The company's
revenue declined at a compounded rate of 15.9% during the period 2008-2010 with a year on year decline of 17.75% over
fiscal year 2009. During the fiscal year 2010 it’s operating margin was -34.96% as against the operating margin of -
70.91% in fiscal year 2009. During the fiscal year 2010 the company registered a net margin of -34.91% as against the
net margin of -78.37% in the fiscal year 2009.
CSK CORPORATION - Key Facts
CSK CORPORATION, Key Facts
2-26-1 Minamiaoyama, Minato-
Ticker Symbol, Stock 9737 (The Tokyo Stock
ku, , 107-0062, Japan Exchange Exchange)
Telephone + 81 3 64383901 No. of Employees 8,971
Fax N/A Financial Year End March
URL www.csk.com Revenue (in JPY Million) 169,518.00
Industry Revenue (in USD Million) 1,810.70
Locations Japan, Japan, Japan
Source: Annual Report, Company Website, Primary and Secondary Research
CSK CORPORATION - SWOT Profile Page 2
CSK CORPORATION - Business Description
CSK Corporation (CSK) engages in providing Information Technology services worldwide. The company principally
provides consultation services on the establishment and operation of securities companies, securities systems
development and management services, securities systems ASP services, securities business BPO services, compliance
support, telemarketing, financial information feed services, investment trust management, investment advisory services,
product planning and development, venture capital business, buyout fund management, and securities intermediation
business. CSK operates through four reportable segments namely, IT services business, Securities business, Prepaid
card business and other business.
The IT services business segment of the company principally provides Technology Services and Business Services. The
Technology Services division of the company is engaged in the development, operation and management of systems, the
maintenance of computer equipment, the provision of data entry, computer-related consulting and education services and
the sale of computers and peripheral machines. The Technology services business division principally provides
Consulting, Systems integration, Solution services, ERP, SCM, CRM, Operating consulting, Systems management
services, Data center services, IT infrastructure development, Infrastructure management and Network monitoring. During
the fiscal year ended March 31, 2010, the Technology Services division recorded operating revenue of JPY 109.9 billion,
down 19.5% year on year.
The Business services division of the segment principally provide BPO services, which provide sales support and
technical support through contact centers, system verification services for digital appliances and other products and
comprehensive securities services for the securities industry and new services. The respective segment provides core
services of Business process analysis/design, Business process optimization, Back office BPO, Data
analysis/management, Contact centers, Communications services, Sales support services, Help desk services, BPO
services by industry, Services for securities business, Services for EC business and Services for drugstores. During the
fiscal year ended March 31, 2010, the Business Services division recorded operating revenue of JPY 41 billion, down
24.2% year on year. During the fiscal year 2010, the company’s IT Services segment contributed 87.3% towards the total
revenues of the company, generating JPY 150.9 billion.
The Securities segment is to provide securities and related businesses. Through its subsidiary namely Cosmo Securities
the respective segment. The Prepaid Card segment is engaged in issuing and liquidation of repaid cards and the
development and sale of card systems. The QUO card issuance and settlement services are the major services by
prepaid segment. During the fiscal year 2010, the company’s Securities segment contributed 10.2% towards the total
revenues of the company, generating JPY 17.6 billion, an increase of 12.9% over the previous year.
CSK’s Prepaid Card business is principally engaged in the issue and management of the QUO Card prepaid card. It
provides its services in more than 36,000 stores and businesses throughout Japan. In addition, it is also involved in the
development and sale of card systems. CSK recently, made progress with introducing the cards to new sectors, including
book shops and the service industry, and cultivated sales channels. During the fiscal year 2010, the company’s Prepaid
Card segment contributed 1.9% towards the total revenues of the company, generating JPY 3.1 billion, an increase of
16.4% over the previous year.
The Other Business segment serves the investment liability partners (LP), anonymous associations, real estate and
stocks and venture capital business. The venture capital investment targeting the IT and biotechnology areas, asset
liquidation initiatives, and principal investment. During the fiscal year 2010, the company’s Other Business segment
contributed 0.6% towards the total revenues of the company, generating JPY 1.0 billion, a decrease of 69.1% over the
Recently the company’s Board of Directors has agreed to change the company’s name to CSK Corporation, effective from
October 1, 2010. The name change reflects CSK's planned shift an operating holding company structure, CSK to shift
from pure holding company to operating holding company structure and Partial amendment of Articles of Incorporation.
CSK CORPORATION - SWOT Profile Page 3
CSK CORPORATION - Major Products and Services
CSK Holdings Corporation (CSK) is engaged in providing Information Technology services worldwide.
CSK CORPORATION, Major Products and Services