Hyrax

What Hyrax does

Hyrax Co., Ltd. (株式会社Hyrax) is a Tokyo-based web development firm founded in April 2015 by Representative Director 服部良弘 (Hattori Yoshihiro). The company operates a dual business model: an "In House" real estate technology line that develops BtoB and BtoC systems for the real estate sector in collaboration with Fstage Group companies, and a "Contract Development" line that delivers bespoke web projects — corporate sites, media sites, SaaS systems, Shopify e-commerce builds, and recruitment sites — for external enterprise clients such as TAKAMI HOLDINGS and 高見株式会社 (Takami Corporation).

Technically, Hyrax executes full-stack web work using a conventional JavaScript-centric stack (webpack, ejs, scss, ES6, jQuery), Shopify for e-commerce, WordPress as a CMS, and LAMP/MVC frameworks for system construction. Service offerings are modularized into Web Creation, System Construction, Code Design, Web Design, UI Design, and Optimal Design. The company emphasizes SEO-friendly, maintainable code architecture and animation/interaction implementation as differentiators within the Japanese mid-market web production segment.

Since January 2021, Hyrax has been a wholly-owned subsidiary of Fstage Co., Ltd., a comprehensive renovation company. The founder continues as CEO and all prior employees remained post-acquisition. The company generates revenue from two streams: recurring internal development work for the Fstage Group ecosystem, and project-based professional services for external clients. Registered capital is 10,000,000 yen, headcount is small (with three engineering and design roles open in 2025), and operations are confined to the Kanto Region of Japan.

Name

Hyrax

Legal name

株式会社Hyrax

Website

https://hyrax.co.jp

Company type

Private

Founded year

2015

Operating status

Operating

Short description

Hyrax is a Tokyo-based web development firm operating since 2015 as a wholly-owned subsidiary of Fstage Group, delivering bespoke corporate, e-commerce, and SaaS websites for external clients alongside in-house real estate tech systems for Fstage companies.

Ownership category

akta.pro rank

Product category

Web Development Services

NAICS

Custom Computer Programming Services (541511), Graphic Design Services (541430)

SIC

Services-Computer Programming Services (7371)

akta.pro primary industry

UI/UX Engineering & Front-End Modernization (BPAEAFAH)

akta.pro secondary industries

Enterprise Application UX, Portals & Low-Code Extensions (BPAEAGAM), Brand Experience (BX) & Service Design (BPAFAEAI)

Keywords

• Web development services
• Custom software development
• Real estate technology
• E-commerce development
• Shopify development

Headquarters

HQ city

Tokyo

HQ country

Japan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Custom Development (Contract Work): Bespoke web development services from design through technology selection to implementation for corporate sites, media sites, and SaaS systems. One-time project-based revenue model.
2. Real Estate Tech (In House): BtoB and BtoC system development for the real estate industry in collaboration with group companies. Development of DX solutions for the real estate sector as part of the Fstage group ecosystem.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Core offering

Hyrax is a Tokyo-based web development company that provides custom contract web development services for corporate sites, media sites, SaaS systems, and e-commerce platforms. The company operates two business pillars: (1) In-House real estate tech development for BtoB and BtoC systems in collaboration with Fstage Group companies, and (2) contract development services offering one-stop solutions from design to technology selection, front-end and back-end implementation, animation, and code design.

Product overview

Hyrax operates a dual business structure consisting of (1) In-House real estate tech business providing BtoB and BtoC system development to promote DX in the real estate industry in collaboration with group companies, and (2) Contract development services offering one-stop solutions from design through technology selection to development. The contract services include six specialized modules: Web Creation, System Construction, Code Design, Web Design, UI Design, and Optimal Design. The company handles diverse projects including corporate sites, media sites, SaaS systems, e-commerce platforms, and recruitment sites. Since 2021, Hyrax has been part of Fstage Group while maintaining its brand and operations.

Differentiator

Problem solved

Functional benefit

Brands

• _ And ReTech Too. A tagline used by Hyrax meaning the company approaches development with technology and renovation (ReTech) together.

Products and services

• In House Real Estate Tech (不動産テック事業) In-house real estate tech business providing BtoB and BtoC system development to promote DX in the real estate industry. Developed in collaboration with Fstage Group companies (parent company), covering real estate-related systems, brand sites, recruitment sites, and coworking space platforms.
• Contract Web Development Services (受託開発事業) One-stop contract development service covering design, optimal technology selection, and implementation for corporate sites, media sites, SaaS systems, and e-commerce platforms. Includes sub-capabilities in web creation, system construction, code design, web design, UI design, and optimal design (SEO-friendly and maintainable code).

Named customers3 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• LIG Inc. Tokyo-based web development and content-marketing agency offering full-stack design and engineering services. Comparable in size, scope, and Japan-market focus to Hyrax's Contract Development business.
• Goodpatch: Japanese design + engineering firm specializing in UI/UX and product development. Closely comparable to Hyrax's UI Design, Code Design, and Web Creation modules, with similar dual-track model of consulting and product work.
• Macneel Co., Ltd. Established Japanese CMS-focused web development firm (a Movable Type partner). Comparable to Hyrax on the System Construction and CMS integration side, especially around maintainable code architecture and SEO-friendly builds.
• Dip Corporation: Operates the Baitai.com recruitment media network and a full-stack web development team. Comparable to Hyrax through its recruitment site and platform development work for Japanese enterprises.
• Infobahn Inc. Tokyo-based digital agency delivering corporate sites, brand sites, and system development. Closely overlapping Hyrax's Contract Development portfolio and target enterprise client base.

Broad incumbents

• Dentsu Group: Global Japanese advertising and communications group with extensive digital and CX design capabilities. Overlaps with Hyrax's brand experience and enterprise site work, but at much larger scale with a full-service portfolio.
• CyberAgent: Major Japanese internet conglomerate operating AbemaTV, Ameba, and an in-house digital agency practice. Overlaps with Hyrax in web and digital media development for enterprise and media clients, but at vastly greater scale.
• Hakuhodo: Japan's second-largest advertising group with significant digital and creative capabilities. Comparable to Hyrax on the brand experience and corporate-site side, though typically serves larger enterprise accounts.
• Recruit Holdings: Owner of Indeed, Suumo, and other large Japanese web platforms with deep in-house engineering and design capacity. Overlaps with Hyrax on corporate/recruitment site development and platform engineering for Japanese verticals.

Emerging players

• GA Technologies: Tokyo-listed proptech company developing digital platforms for real estate transactions. Comparable to Hyrax's In-House real estate tech axis, though at much larger scale and with proprietary SaaS assets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Hyrax