Fundraising Fox

ビジョナル株式会社

Public · 3 known investors

Japanese holding company for the BizReach group, operating HR Tech, M&A, logistics DX and cybersecurity businesses.

Also known as Visional · Visional, Inc. · ビジョナル

Founders & leadership

SSSoichiro Swimmy Minami
Soichiro Swimmy MinamiinFounder

Investors · 3

Company profile

researched Aug 2026

ビジョナル株式会社 (Visional, Inc.) is a Tokyo-based holding company established on 2020-02-03 through a share transfer by 株式会社ビズリーチ (BizReach, Inc.), which converted the BizReach business into a group structure. Under the transition, BizReach became a wholly owned subsidiary handling HR Tech and cloud businesses, while the incubation organization inside BizReach was spun out as ビジョナル・インキュベーション株式会社. The group operates under the mission "新しい可能性を、次々と。" and positions itself around promoting digital transformation across industries.

Group companies include 株式会社ビズリーチ (the BizReach recruiting site, the internal-scouting "社内版ビズリーチ", the HRMOS human-capital platform series, and the ビズリーチ・キャンパス OB/OG visit network), ビジョナル・インキュベーション (business-succession M&A platform ビズリーチ・サクシード / M&Aサクシード, the yamory open-source vulnerability management tool, BizHint, Future of Work), 株式会社スタンバイ (the スタンバイ job search engine), 株式会社トラボックス (logistics DX platform), 株式会社BINAR (platform for high-skill IT engineers), M&Aサクシード and アシュアード. The holding company itself is described as providing management support to group companies. Headquarters are at 渋谷2-15-1, Shibuya-ku, Tokyo (渋谷クロスタワー); the group's corporate number is 6011001132222 and its fiscal year ends 31 July.

The company is led by founder and representative director 南 壮一郎 (Soichiro Minami), who founded BizReach in 2009 and took the Visional CEO role in February 2020; 多田 洋祐 became president of BizReach at the same time (he died in July 2022 and was succeeded by 酒井哲也). Other listed officers include CTO 竹内真 and COO 村田聡.

Founding story

The group traces to 南 壮一郎, who graduated from Tufts University in 1999, worked at Morgan Stanley, joined the founding team of the Rakuten Eagles baseball club in 2004, and founded BizReach in 2009. He was selected as a World Economic Forum Young Global Leader in 2014 and became representative director and president of the newly created holding company Visional in February 2020, saying the group structure was chosen to make it easier to launch new businesses and enter new domains via M&A, and that the new group name marked a restart with over 1,300 employees.

Business model

Visional is a pure holding company whose stated business is management support for its subsidiaries; operating revenue is generated by the group companies, principally through internet recruiting platforms and SaaS/cloud products (BizReach direct recruiting site, HRMOS human-capital platform, ビズリーチ・キャンパス, スタンバイ job search engine), plus M&A matching (M&Aサクシード), logistics DX (トラボックス) and cybersecurity (yamory vulnerability management cloud).

Group revenue comes from internet services: the BizReach site pioneered a job-seeker-paid (求職者課金型) model in Japan alongside employer/direct-recruiting fees, with subscription SaaS products such as HRMOS and the yamory vulnerability management cloud, and marketplace/matching services for M&A and logistics.

Traction

Group consolidated revenue was 66,146 million yen for the fiscal year ended July 2024 and 80,161 million yen for the fiscal year ended July 2025, with consolidated operating profit of 17,837 million yen and net income of 12,990 million yen in FY2024. Headcount grew from more than 1,300 employees at the time of the 2019 group-structure announcement to 1,821 consolidated employees as of 2022-07-31 and 2,808 as of 2025-07-31 (including temporary staff). Visional's market capitalisation at its IPO opening price was 254,476 million yen.

Latest developments

The company reported consolidated revenue of 80,161 million yen for the fiscal year ended July 2025 and 2,808 employees as of 2025-07-31. Its yamory vulnerability management cloud continued product expansion in 2026, adding support for detecting vulnerabilities outside the scope of Windows Update and cloud asset scanning for AWS Lambda, and announcing customer adoptions including DOWAセミコンダクター秋田 and フォトクリエイト.

Full profile — market position, technology, go-to-market, geography, history, risks & controversies

Market position

Visional is a listed Japanese internet group whose BizReach service is credited with introducing and popularising the "direct recruiting" concept in the Japanese hiring market, and whose subsidiary トラボックス operates one of Japan's largest logistics data/DX platforms.

The group combines a holding-company structure that delegates authority to operating subsidiaries with an in-house incubation company dedicated to new business creation and active use of M&A, allowing expansion from its core HR Tech platforms into adjacent domains such as business-succession M&A, logistics DX and cybersecurity.

Technology

Products are internet platforms and cloud software: the HRMOS human-capital data platform covering hiring, placement, development and evaluation data; matching platforms for recruiting and M&A; a job search engine (スタンバイ); the トラボックス logistics data platform; and yamory, a vulnerability management cloud that scans open-source and cloud assets (including AWS Lambda coverage and detection of vulnerabilities outside Windows Update scope).

Go-to-market

The group sells directly to corporate customers and reaches individual users through large-scale consumer marketing, including long-running national TV advertising for BizReach; new business lines are built internally through an incubation company and expanded through acquisitions such as トラボックス.

Employers and corporate HR departments recruiting mid-career and immediately deployable talent, companies adopting HR SaaS and vulnerability management software, mid-market business owners facing succession issues seeking M&A counterparties, logistics operators, and individual job seekers and university students.

Geography

Headquartered in Shibuya, Tokyo; subsidiary BizReach maintains offices in Osaka, Nagoya, Fukuoka, Shizuoka and Hiroshima in addition to the Tokyo head office.

History

株式会社ビズリーチ was founded in August 2007 and launched the membership-based BizReach career-change site for management and global talent in April 2009. It added the LUXA flash-sale site (2010, later spun out), キャリトレ (2014), the スタンバイ job search engine (2015), HRMOS and ビズリーチ・キャンパス (2016), and the M&Aサクシード / ビズリーチ・サクシード M&A matching site (2017); yamory, an open-source vulnerability management tool, launched in August 2019. On 2019-12-23 BizReach announced the move to a group structure, and on 2020-02-03 ビジョナル株式会社 was created as the holding company with ビジョナル・インキュベーション spun off alongside it; 株式会社スタンバイ had been established on 2019-11-12. In February 2020 the group made トラボックス a wholly owned subsidiary. Visional listed on the Tokyo Stock Exchange Mothers market on 2021-04-22 (code 4194) and moved to the Prime market on 2023-12-14. キャリトレ was discontinued in December 2022.

Risks & controversies

BizReach president 多田 洋祐 died of acute heart failure in July 2022 at age 40 and was succeeded by 酒井哲也. The group also discontinued its キャリトレ service on 2022-12-21.

Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.

Key figures

latest reported
Average employee ageDec 202438.5 years
CapitalJul 20256,631,000,000 JPY
Consolidated net incomeJul 2024$13B
Consolidated operating profitJul 202417,837,000,000 JPY
Consolidated revenueJul 2025$80.2B
Consolidated total assetsJul 202476,314,000,000 JPY
Employees (consolidated, incl. temporary staff)Jul 20252,808 people
Employees (consolidated)Jul 20221,821 people
Market capitalization at IPO (opening price)Apr 2021$254.5B

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Timeline · 9

launches, deals, and filings
Aug 2026
yamory adds detection of vulnerabilities outside Windows Update scope

source ↗

Aug 2026
yamory cloud asset scan adds AWS Lambda support

The yamory vulnerability management cloud extended its cloud asset scanning function to AWS Lambda.

source ↗

Dec 2023
Market change to Tokyo Stock Exchange Prime market

ビジョナル株式会社 moved its listing from the TSE growth segment to the Prime market.

source ↗

Dec 2022
Careertrek (キャリトレ) service ended

The キャリトレ career-change service for people in their 20s ceased operation.

source ↗

Jul 2022
BizReach president Yosuke Tada dies; Tetsuya Sakai appointed successor

多田 洋祐, president of subsidiary 株式会社ビズリーチ, died of acute heart failure at age 40; vice president 酒井哲也 succeeded him.

source ↗

Apr 2021
IPO on Tokyo Stock Exchange Mothers market

ビジョナル株式会社 listed on the TSE Mothers market under securities code 4194; market capitalization at the opening price was 254,476 million yen.

source ↗

Feb 2020
Visional, Inc. established as holding company

ビジョナル株式会社 was established as the holding company of the group, with 南 壮一郎 as representative director and president and BizReach becoming a wholly owned subsidiary.

source ↗

Feb 2020
Visional makes logistics data platform operator Trabox a wholly owned subsidiary

Visional acquired トラボックス, operator of one of Japan's largest logistics data platforms, as a wholly owned subsidiary.

source ↗

Dec 2019
BizReach announces transition to a group structure under new holding company Visional

株式会社ビズリーチ announced preparations to move to a group management structure via share transfer, creating holding company ビジョナル株式会社 and spinning off its incubation organization as ビジョナル・インキュベーション株式会社, both planned for 2020-02-03.

source ↗

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

Research sources · 8

primary sources listed

8 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does ビジョナル株式会社 do?
Japanese holding company for the BizReach group, operating HR Tech, M&A, logistics DX and cybersecurity businesses.
Who founded ビジョナル株式会社?
ビジョナル株式会社 was founded by Soichiro Swimmy Minami.
Who are ビジョナル株式会社's investors?
ビジョナル株式会社's investors include Globis Capital Partners, SMBC Venture Capital, Z Venture Capital.