What ValueStream does

ValueStream Co., Ltd. (株式会社バリューストリーム) is a privately held Japanese ICT consulting and software development firm founded in April 2003 and headquartered in Shinagawa, Tokyo. The company operates a dual-site delivery model: an ICT Consulting Division in Tokyo that handles project planning, PMO, and quality assurance work, and a Software Development Division in Kagoshima and Tanejima that executes requirements definition, development, and maintenance. Its service portfolio comprises seven consulting lines — Project Planning/Execution Supervision (PPCS), Productivity/Quality Assurance Diagnostics (QACS), Enterprise Architecture Inspection (EACS), Open Source Application Development (OSDS), Regional Communication Network Construction (CCNS), Marketing Planning & Sales Site Design (MPDS), and Homepage/Web Site Construction Maintenance (HWSS) — alongside four focus technology areas: smartphone applications (iPhone/iPad/Android), Master Data Management (MDM), Data Dictionary & Directory System (DDDS), and Business Process Management (BPM). The firm also develops and maintains the EyeMaster vision-improvement mobile application for iPhone and Android.

ValueStream generates revenue through professional services engagements — primarily project-based consulting fees and software development contracts — directly sold to enterprise and government clients, with no channel partners, resellers, or marketplace distribution. Customer coverage spans central government ministries and prefectural/municipal governments (statistical systems, core system redevelopment, PMO support), hospitals (electronic medical record migration, reception information systems, mobile health apps), life insurers (new product system development, integration PMO), airlines and bus operators (reservation and delivery systems), and major enterprises including IBM Japan and Nissan Motor Global Information Systems Center. The Kagoshima/Tanejima nearshore delivery model is the structural cost engine: full-time Kagoshima-region salaries start at 150,000 yen/month versus 200,000 yen/month in Tokyo, and contracted/part-time staff are billed from 900 yen/hour, enabling price-competitive bids without offshore quality risk. Registered capital is ¥10 million and no external equity funding has been disclosed.

In FY2024 (22nd fiscal year), ValueStream reported revenue of ¥79,585 thousand (down 13.1% YoY) and ordinary profit of ¥4,293 thousand (up 71.1% YoY), the second-highest profit since founding. The company is led by Representative Director Yotaro Yaita (八板 陽太郎), who founded the firm in 2003, alongside three other board members. Core technology is mainstream open-systems (C#, VB.Net, Java, Python, PHP, Swift, Ruby on Rails, TypeScript, JavaScript/React/Node.js); no AI/ML capabilities, patents, or proprietary models are disclosed.

Name

ValueStream

Legal name

株式会社バリューストリーム (ValueStream, Co., Ltd.)

Website

https://valst.com

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

11–50 employees

Short description

ValueStream is a privately held Japanese ICT consulting and software development firm founded in 2003, delivering project planning, PMO, quality assurance, and open-source systems development from a Tokyo consulting hub and a Kagoshima/Tanejima nearshore delivery center to government, healthcare, insurance, and transportation clients.

Ownership category

akta.pro rank

Headquarters

HQ city

Higashi-shinagawa

HQ country

Japan

HQ region

Asia

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. ICT Consulting & Systems Development: Project planning formulation consulting; project execution management and quality assurance services; related software sales and implementation support; BPM/BAM system planning consulting; open-source software (OSS) systems development; and nearshore development services. Revenue is generated through project-based consulting fees, software development contracts, and managed services.
2. Application Development Services: Homepage and website design, development, and maintenance services; marketing planning and sales site design services; smartphone application development and maintenance (iPhone/Android).
3. Enterprise Architecture & Assessment Services: Enterprise architecture inspection services; software development productivity and quality assurance diagnostic services.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels2 records

Core offering

ValueStream is an ICT consulting and software development company that delivers project planning and execution management, productivity/quality assurance diagnostics, enterprise architecture inspection, open-source-based systems development, regional communication networks, marketing/sales site design, and homepage and mobile application development. The company operates a dual-divisional model — an ICT Consulting Division in Tokyo and a Software Development Center in Kagoshima and Tanejima — delivering domestic nearshore services to government ministries, hospitals, insurers, airlines, travel firms, agricultural cooperatives, and regional SMBs.

Product overview

ValueStream is an ICT consulting and software development company offering a portfolio of professional services organized around six core consulting services (PPCS, QACS, EACS, OSDS, CCNS, MPDS, HWSS) and four focus technology areas (smartphone applications, MDM, DDDS, BPM). Their services span project planning and execution management, quality assurance diagnostics, enterprise architecture inspection, open source application development, regional communication networks, and web development. The company also develops proprietary mobile applications, most notably EyeMaster, a vision improvement app for iPhone and Android.

Differentiator

Problem solved

Functional benefit

Products and services

• Project Planning Formulation / Execution Management Service (PPCS) (プロジェクト計画策定/施行監理サービス) Consulting and supervisory service that supports the planning and construction supervision of projects for reconstruction and integration of new and legacy systems within budget. Targets enterprise and government clients needing independent PMO support.
• Productivity / Quality Assurance Diagnostic Service (QACS) (生産性/品質保証診断サービス) Diagnostic service that evaluates whether mechanisms for software development productivity and quality assurance are functioning effectively within a client's organization and proposes necessary improvements.
• Enterprise Architecture Inspection Service (EACS) (エンタープライズアーキテクチャー点検サービス) Service that inspects the design philosophy and basic structure of an organization's information systems to verify alignment with business objectives and ICT system integrity.
• Open Source Application Development Service (OSDS) (オープンソースアプリケーション開発サービス) System reconstruction and integration development service using open source software (OSS) to achieve cost-effective and reliable implementation for client organizations.
• Regional Communication Network Service (CCNS) (地域コミュニケーションネットワークサービス) Service that supports regional vitalization through the construction and operation of regional communication network sites that assist the safety and security of local residents.
• Marketing Planning & Sales Site Design Service (MPDS) (マーケティング企画＆販売サイト設計サービス) Service that participates from the marketing planning stage, collaborating with client planners to maximize the matching between products/services and target customers through sales website planning and design.
• Homepage & Website Construction / Maintenance Service (HWSS) (ホームページ＆ウェブサイト構築メンテナンスサービス) Service for designing, developing, and maintaining homepages and websites with high quality, short delivery, and low cost to contribute to customers' business expansion.
• EyeMaster (Vision Improvement Mobile App) Proprietary vision improvement mobile application for iPhone and Android, designed, developed, and maintained by ValueStream. Achieved #1 ranking in the Medical category on the Apple App Store in September 2012.

Named customers11 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered minor and core.

• NPO法人コスモ学院 (NPO Cosmo Gakuin)minorStrategic or Co-development PartnerICT professional training school that provides systematic and comprehensive training in basic and applied ICT technologies. ValueStream links to this organization as a partner on its website.
• 種子島コスモファーム (Tanejima Cosmo Farm)minorOthersProducer of Tanejima specialty Anno sweet potatoes, with a product sales website. ValueStream links to this organization as a partner on its website, reflecting its regional community involvement.
• 、一般褶、法人 ニアショアIT協会 (General Incorporated Association Nearshore IT Association)coreTechnology or IntegrationAssociation supporting nearshore ICT SME members in obtaining nearshore development projects. ValueStream is a board member company (理事会社) of this association. The association provides a platform for connecting ICT SMEs with nearshore development opportunities.

Scale indicators5 records

Recent moves2 records

Expansion highlights4 records

Direct peers

• Future Corporation: A Tokyo-headquartered Japanese IT services and consulting firm operating in similar territory to ValueStream: enterprise systems consulting, custom development, and IT strategy across financial services, manufacturing, and public sector. Comparable in client profile and service scope, larger in scale.
• SRA Holdings: A Japanese IT services holding group covering custom software development, consulting, and managed services for enterprises and government. Operates in overlapping service lines to ValueStream (custom dev, QA, OSS) with a meaningfully larger footprint.
• Wiz: A Japanese cloud and IT services firm providing consulting, development, and managed services primarily to SMB and mid-market clients via direct sales. Comparable to ValueStream in go-to-market posture (sales-led, primarily domestic) and customer profile.
• Kayac: A mid-sized Japanese technology firm specializing in mobile/web application development and digital content engineering. Compares to ValueStream on smartphone app development, custom systems development, and creative engineering services, with comparable scale to ValueStream's project-based work.

Broad incumbents

• Nomura Research Institute (NRI): One of Japan's largest IT consulting and solutions providers, active across financial services, public sector, and enterprise IT. Broader, deeper, and more diversified than ValueStream, but overlaps directly on government modernization and enterprise systems consulting engagements.
• BIPROGY: A major Japanese SI serving government, financial, and enterprise customers with consulting and outsourced systems development. Competes with ValueStream on the same public-sector and enterprise modernization RFPs but at substantially greater scale.
• NS Solutions: Established Japanese systems integrator offering consulting, application development, and IT services to manufacturing, finance, and public-sector clients. Overlaps with ValueStream on systems redevelopment and PMO/QA work for large Japanese enterprises.
• Itochu Techno-Solutions (CTC): Large Japanese SI with consulting, enterprise systems integration, and managed services across many verticals. Compares to ValueStream at the enterprise and government systems layer, but with far broader capabilities and global technology partnerships.
• ABeam Consulting: A Japan-rooted global consulting firm with strong enterprise IT architecture, ERP, and systems integration practices. Comparable to ValueStream on EACS-style architecture inspection and enterprise modernization, though ABeam's scale and consulting breadth dwarf a single ICT firm.
• Obic: Long-established Japanese enterprise IT and ERP solutions provider with proprietary packages and consulting. Indirect overlap with ValueStream in business process optimization and enterprise systems work, though Obic is far more product-centric and capital-rich.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ValueStream