Smile Zemi: putting a dedicated tablet in the home and ending the packaged-software business (2012)
Choosing to make the device yourself
What makes the Smile Zemi decision different from an ordinary new venture is that the foundation already existed inside the company. For a firm that had spent thirteen years making the learning software used by roughly 80% of Japan’s public primary schools, the grammar of a screen a child operates was not borrowed. What was missing were two things — the household as a customer, and a mechanism for receiving payment every month — and a dedicated tablet filled both at once. The outline of this judgment lies in not choosing to put an app on a general-purpose tablet, and instead taking on the burden of supplying the device itself.
A company that could not defend Ichitaro earned the largest profits in its history from a business that does not use it. One could also say that a company which lost its basic-research corps in 2009 recovered on the unglamorous accumulation of thirteen years in classrooms. JustSystems as a packaged-software company reached a dead end once in the 2000s, and walked through the 2010s as a company selling correspondence education and corporate cloud services. The name, the listing and the Tokushima head office have not moved; only what it sells has been replaced.
Revenue and net margin, FY2007–FY2017
Revenue in ¥ bn (bars) and net margin in % (line), for the years around the decision. Shaded columns are FY2012 onwards — after it was taken.
Source: securities reports
Read the full dossier in Japanese →
The Japanese edition carries the complete record of this decision — the situation that forced it, the options weighed, what actually followed, and the sources behind every claim.
Other key decisions at JustSystems
Yen amounts are converted at the average rate of each figure’s own year — not today’s rate; the revenue chart is shown in yen. Exchange rates & sources — the full ¥/US$ table →
Disclaimer
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- Figures are compiled independently and include our own estimates, approximations and machine-processed data; we make no warranty as to their accuracy or completeness.
- Sources are primarily each company’s securities reports and other public filings, but errors and omissions may remain.
- Any use of this information is at the reader’s own risk. Past performance does not indicate future results.
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Data API
JustSystems’s history, financials, executives and
shareholders are published as static JSON — no key, plain GET.
Full specification →
| Method | Endpoint | Returns |
|---|---|---|
| GET | /api/companies.json | All companies |
| GET | /api/4686/manifest.json | Resource index |
| GET | /api/4686/history.json | History overview |
| GET | /api/4686/timeline.json | Chronology |
| GET | /api/decisions.json | All management decisions (index) |
| GET | /api/4686/decisions.json | Management decisions (index) |
| GET | /api/4686/decisions/{slug}.json | One decision (full dossier) |
| GET | /api/4686/executives.json | Executives |
| GET | /api/4686/shareholders.json | Major shareholders |
| GET | /api/4686/financials.json | Financial statements |
| GET | /api/4686/financials-longterm.json | Long-term results |
| GET | /api/4686/segments.json | Business segments |
| GET | /api/4686/regions.json | Sales by region |
| GET | /api/4686/workforce.json | Workforce |