A culture where the proposer starts the business — and the turn from integrator to consultancy (2006)
The firm that grows by losing people
What makes this decision interesting is that, for the goal of turning a systems integrator into a consultancy, the instrument chosen was neither an org chart nor an acquisition but a culture. Let whoever proposes the work launch it; deliberately gather people who mean to start something of their own. It is the reverse of the Japanese personnel design built on enclosure — and holding out the freedom to leave became the single strongest draw for good people. That a 2007 publicity piece and a 2025 business magazine describe the same phenomenon — staff leaving the nest — shows how consistently this culture stayed at the core of the company.
The fine print, though, has not survived. The starting date of the scheme that supported internal independence, and the terms of its compensation, cannot be confirmed in contemporary primary sources; what can be verified is the reality of the culture and its consequences. Even so, the rise of four “Baycurrent clones” suggests that the source of this firm’s competitiveness lay not only in its rates or its sales machinery but in a reproducible model for people. A design that breeds imitators is proof of strength and the seed of a threat at once. The paradox of a company that grows by losing people is one Baycurrent spent twenty years turning into an industry standard.
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 Baycurrent
- 2012 The founder steps down and hands the firm to Hagihira Kazumi of McKinsey (2012)
- 2014 The founder’s exit and the Sunrise Capital-led MBO (2014)
- 2016 The September 2016 Mothers listing, designed as a private-equity exit (2016)
- 2016 A change of president after the post-IPO profit drop, and the shift to a hire-more, charge-more model (2016)
- 2024 Converting to a holding company and separating the technology business (2024)
- 2026 Replacing per-client man-month pricing with a single role-based rate card (2026)
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
- This page is provided for general information only and is not investment advice, nor a recommendation to buy or sell any security.
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- 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
Baycurrent’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/6532/manifest.json | Resource index |
| GET | /api/6532/history.json | History overview |
| GET | /api/6532/timeline.json | Chronology |
| GET | /api/decisions.json | All management decisions (index) |
| GET | /api/6532/decisions.json | Management decisions (index) |
| GET | /api/6532/decisions/{slug}.json | One decision (full dossier) |
| GET | /api/6532/executives.json | Executives |
| GET | /api/6532/shareholders.json | Major shareholders |
| GET | /api/6532/financials.json | Financial statements |
| GET | /api/6532/financials-longterm.json | Long-term results |
| GET | /api/6532/segments.json | Business segments |
| GET | /api/6532/regions.json | Sales by region |
| GET | /api/6532/workforce.json | Workforce |