O-WELL is broadly involved in operations at manufacturing sites, starting from sales of paint-related and automotive products, and is implementing measures to expand the value it provides. In Q1 (April–June) FY03/2027, operating profit doubled YoY, driven by an expansion in sales share among automakers and other industries, the passing on of higher procurement costs to selling prices, and timely and flexible supply responses to supply-chain uncertainty arising from developments in the Middle East, as well as increased sales of car navigation software and share gains in automotive sensors and motor controllers. In light of this, the Company revised upward its full-year Company forecast. From a medium- to long-term perspective, meanwhile, the Company is pursuing a shift from a “product provision” model to a “one-stop solution provision” model, expanding into contract and processing operations through the use of OLDAS and other solutions centered on its paint film formation capabilities, while also broadening its business model overseas, expanding its sensor business and adding new functions. Furthermore, the Company has set out a policy of allocating funds secured through the reduction of strategic shareholdings, operating cash flow and other means to growth investments in areas including human capital, overseas business, technology development, M&A and CVC, thereby seeking to expand the value it provides based on its existing customer base and its technologies and functions.

On 7 October 2026, Cypress Holdings, which aims to grow and expand in the everyday dining-out market, announced its FY08/2026 results. It has been revealed that performance is trending toward achieving the assumptions set out in the Medium-Term Management Plan “BEYOND THE STANDARD” (FY08/2027–FY08/2029; announced on 19 August 2026). The plan implies a CAGR of around 25% for revenue and around 30% for operating profit. In FY08/2026, in addition to accelerating new openings of directly operated stores at conventional commercial facilities (shopping malls) and other locations, the Company made steady progress with new initiatives involving roadside locations in terms of store location and franchise development in terms of operating format, indicating that its revenue growth rate is likely to accelerate going forward. Meanwhile, in FY08/2026, when the acceleration of new store openings began, one-off expenses associated with new store openings increased substantially compared with the past, but these will run their course heading into FY08/2027. Furthermore, as these new stores will contribute revenue throughout the full year, this should lift the Company’s operating profit margin. We plan to obtain further details through interviews with the Company’s management and, in light of the findings, update and re-release our Company Report.

As the importance of data quality, maintenance and integration increases alongside the broader adoption of AI and digitalization, uSonar is expanding its growth opportunities on the foundation of its independently developed corporate database “LBC,” through new customer acquisition, broader use of services among existing customers and stronger support for data utilization, including AI. The source of the Company’s competitiveness lies in combining “LBC,” accumulated and updated over many years, with name matching, cleansing and integration technologies to organize corporate data held by customer companies into a form that is easier to use in practice. At present, the Company continues to acquire new customers and increase ARPA through cross-selling while maintaining a low churn rate, supporting continued growth in recurring revenue. In addition, under its business partnership with Uzabase, a framework is being developed that combines customer data integration, maintenance and targeting with initiative execution and consulting. The Company’s “uSonar” and “PLANSonar” are being recommended as successor services to existing customers of Uzabase’s “Speeda Customer Company Analysis (formerly FORCAS)” and “Speeda Customer Company Data Hub (formerly FORCAS),” creating a new opportunity to expand its customer base. Furthermore, supported by the broader adoption of AI, the Company plans to enhance its data utilization support and expand into additional data domains and peripheral areas, further broadening its growth opportunities.