Macnica Holdings Inc. · TSE:3132
Macnica — Investor Day (December 2025)
59 slides from Macnica's investor day presentation, Dec 3, 2025
Slide 1: Macnica Investor Day 2025
Note: This document has been translated from the Japanese original for reference purposes only. In the event of any discrepancy between this translated document and the Japanese original, the original shall prevail. Macnica Investor Day 2025 Exploring the Full Scope of Our Cybersecurity Business and
Slide 2: Today's Program
Today's Program Contents Speakers Representative Director, President and CEO, Part 1 Opening Remark Macnica Holdings, Inc. Kazumasa Hara Executive Officer, Company President, Networks Company, Macnica, Inc. Yusuke Kobayashi Macnica’s Sustainable Growth Story Part 2 – Trusted by the Cybersecurity Mar
Slide 3: Part 1 Opening Remark
Part 1 Opening Remark ©MACNICA HOLDINGS, INC. 3
Slide 4: Introduction of speaker Kazumasa Hara
Introductions of speaker Speaker Macnica Holdings, Inc. Representative Director and President Kazumasa Hara Career Joined Macnica Corporation in 1995. Appointed President of the Semiconductor Company in 2011. At the same time, established a specialized organization focused on the automotive field an
Slide 5: Value-Added Distribution
Value-Added Distribution ・The semiconductor business and the cybersecurity business are essentially the same as businesses that add technological value themselves. ・In the cybersecurity business, new startups with cutting-edge technologies are emerging, making it easier for distributor to deliver ad
Slide 6: Cybersecurity Business and Corporate Value
Cybersecurity Business and Corporate Value ・Cybersecurity business achieves sustainable and continuous high profit growth ・The sharp depreciation of the yen in FY 2022 -2023 and the impact of market conditions and market acquisition in the semiconductor business have made it less noticeable. ・Stable
Slide 7: Actively Investment in Cybersecurity Business
Actively Investment in Cybersecurity Business ・Profit generated by semiconductor and cybersecurity business to further investment for growth ・Actively invest in the cybersecurity business and aim to transform the business model into a service and solutions company. Integrated Report LIMITLESS 2025 P
Slide 8: Today's Seminar
Today’s Seminar ・We introduce Macnica's unique growth potential from the perspective of the cybersecurity business and human capital. 2 Human Capital What is unique human capital that drives growth? １ Cybersecurity Business What are our strengths and differentiators? Why does growth continue? Value
Slide 9: Past Investor Events
Past Investor Events ・Other Aspect of Macnica that will not be covered in today’s seminar. Introducing Macnica’s Cybersecurity Business from a Security Vendor’s Perspective An Easy-to-Understand Overview of Macnica Group’s Entire Business and Key Information for Investors Cybersecurity and Market Gr
Slide 10: Part 2 Macnica's Sustainable Growth Story
Part 2 Macnica’s Sustainable Growth Story – Trusted by the Cybersecurity Market ©MACNICA HOLDINGS, INC. 10
Slide 11: Introductions of Speakers Yusuke Kobayashi
Introductions of Speakers Speaker Macnica, Inc. Networks Company President Yusuke Kobayashi Career Joined Macnica Corporation in 1997, became General Manager of the Product Management Department of Altima in 2011, and became a director of the company in 2013. Became President of Altima in 2015 and P
Slide 12: Introduction of Speakers Yutaka Sejiyama
Introduction of Speakers Speaker Macnica, Inc. Security Research Center Chief Engineering Specialist Yutaka Sejiruyama Career Joined Macnica in 2017 after working for IT system support and a company specializing in security. Has been a member of the Security Research Center since 2023, investigating
Slide 13: Cybersecurity Business: Current Situation and Growth Strategy
Cybersecurity Business: Current Situation and Growth Strategy ©MACNICA HOLDINGS, INC.
Slide 14: Value-Added Distributor (VAD) – Our History
Value-Added Distributor (VAD) – Our History Customers Customer Cybersecurity Market Support for Solutions Solution Implementation and Operation Discovery Providing assistance for solution implementation Identifying the most advanced solutions and optimal operation worldwide to address customers’ cri
Slide 15: Effective Security Support Backed by Technical Expertise
Effective Security Support Backed by Technical Expertise Extensive Knowledge of Comprehensive Support Threats and Technologies • 50% of employees are engineers • Research by Security Research Center： • Support for Upstream Processes such as Cyberattack trends targeting Japan and Consulting and Asses
Slide 16: Development and Offering of Proprietary Services
Development and Offering of Proprietary Services Macnica ASM: No.1 Market Share in Japan for Three Consecutive Years* *Fuji Chimera Research Institute's Network Security Business Survey Results for FY 2022 – 2024 ©MACNICA HOLDINGS, INC. 16
Slide 17: Overseas Expansion
Overseas Expansion Expanding Business in 24 Countries and Regions, Focused on Asia and the Middle East Business Expansion Countries and Affiliate Locations iSecurity Inc. ●Head Office: Taiwan *Not consolidated Netpoleon Solutions Pte Ltd. ●Head Office: Singapore ●Business Presence in: India, Indones
Slide 18: FY2024 Key Figures
FY2024 Key Figures The cybersecurity business achieved significant growth with CAGR 22.8% during the previous medium-term management plan period. ©MACNICA HOLDINGS, INC. 18
Slide 19: Current Cybersecurity Market and Landscape
Current Cybersecurity Market and Landscape ©MACNICA HOLDINGS, INC.
Slide 20: Market Size Trends: Japan and Southeast Asia
Market Size Trends: Japan and Southeast Asia The cybersecurity market is expected to maintain high growth. 7,749 12,998 4,595 7,631 Source: The graph was created by Macnica based on Gartner research. The figures shown here were calculated by Macnica. Gartner®, Forecast: Information Security, Worldwi
Slide 21: Background of Market Growth
Background of Market Growth Accelerating Digital Transformation Stricter Regulations and Use of AI • EU Cyber Resilience Act • Data Leaks and Code-Generated Vulnerabilities • Active Cyber Defense Act, etc. • Rapid increase in new attack surfaces such as factories and cloud environments Cyber Attack
Slide 22: Shifts in Attacker Behavior
Shifts in Attacker Behavior Current cyberattacks are no longer carried out by individuals but by sophisticated organizations operating as a business. ©MACNICA HOLDINGS, INC. 22
Slide 23: What Is a Ransomware Attack?
What Is a Ransomware Attack? 1. Encrypt (Lock) company PCs and critical information, making them unusable 2. Leave a ransom note demanding payment in exchange for decryption, typically requesting money (cryptocurrency) 3. If payment is refused, data cannot be restored and attackers threaten to leak
Slide 24: Business Structure of Ransomware Attacks
Business Structure of Ransomware Attacks Cyberattack groups operate with organizational structures similar to legitimate companies and actively engage in collaboration and partnerships driven by financial incentives. Attack Execution Group CEO Acts as the executor to carry out attacks Defines group
Slide 25: Ransomware Incident Trends
Ransomware Incident Trends As of the end of September 2025 Within the range observable by third parties, the following number of incidents have occurred, and the actual number is estimated to be several times to more than ten times higher. Number of Global Data Leaks (by Year) Number of Incidents in
Slide 26: Exponential Growth of Areas and Assets to Protect
Exponential Growth of Areas and Assets to Protect The scope and quantity companies must protect are increasing explosively. Up to 2018 From 2019 onward From 2019 onward USB Insider Affiliated Development Public Server SaaS IaaS/PaaS Threat Company Tool Mail Overseas ID Business IoT NW SNS Informatio
Slide 27: Further Increase in Attack Volume Due to the Emergence of AI
Further Increase in Attack Volume Due to the Emergence of AI High-Precision Fake Emails AI-Generated Virus AI-Assisted Attacks Selection of Discovery of Value Information New Attack Methods Much higher precision Detectable with current Increase in number and Major pain point for Potential future rea
Slide 28: Skill Gap Between Attackers and Defenders
Skill Gap Between Attackers and Defenders ・IT and security professionals ・Only few organizations can secure specialized security personnel ・Abundant resources and funding ・Many staff members handle multiple tasks and duties ・Can attempt various attacks without fear of errors ・System downtime or busi
Slide 29: Macnica's Position and Value in the Cybersecurity Market
Macnica’s Position and Value in the Cybersecurity Market ©MACNICA HOLDINGS, INC.
Slide 30: Sourcing the Latest Global Trends and Cutting-Edge Solutions
Sourcing the Latest Global Trends and Cutting-Edge Solutions Canada Germany United Kingdom & Ireland Slovenia Macnica Networks USA China & Taiwan United States San Jose, CA France Israel Japan India Vice President Researcher/Specialist Seio Ohara Takeshi Teshigawara Australia Evaluation Business Dev
Slide 31: Macnica's Strengths in the Cybersecurity Business
Macnica’s Strengths in the Cybersecurity Business Customers Cybersecurity Market Customer Orientation Product Knowledge & & Industry Knowledge Technology Trends Cutting-edge, global standard technology Customer challenges and industry-specific issues information and product knowledge Best Practices
Slide 32: Key Strategies for the Cybersecurity Business in the Medium-Term Plan
Key Strategies for the Cybersecurity Business in the Medium-Term Management Plan Expand the core product lineup through the Value-Added Distribution (VAD) and continuously Expanding the Value-Added Distribution (VAD) acquire distributor contracts with IT vendors that will serve as pillars of future
Slide 33: Security as a Business Driver
Security as a Business Driver Making cybersecurity a business driver
Slide 34: Japanese Only
©MACNICA HOLDINGS, INC. Japanese Only 34
Slide 35: Part 3 In collaboration with OpenWork
Part 3 In collaboration with OpenWork Ranked 5th among the Best Companies to Work For 2025 Macnica Continues to Grow with Its People ©MACNICA HOLDINGS, INC. 35
Slide 36: Introductions of Speakers Ichiro Hotta
Introductions of Speakers Speaker Macnica, Inc. Human Resource Group General Manager Ichiro Hotta Career Joined a general electronics manufacturer in 1998. After serving as Head of HR in semiconductor and healthcare company, joined Macnica in 2023 and currently serves as General Manager of the Human
Slide 37: Introductions of Speakers Ren Kurimoto
Introductions of speakers Speaker OpenWork Inc. Executive Officer and CSO Ren Kurimoto Career After graduating from the University of Tokyo, joined Dentsu and worked in media and marketing planning. Later engaged primarily in large -scale corporate restructuring at Boston Consulting Group. Subsequen
Slide 38: People Drive a Company's Growth
People Drive a Company’s Growth Management Policy Document A company is its people Everything begins with people and ends with people People are everything Core Values The Essence TEAMS of Management ©MACNICA HOLDINGS, INC. 38
Slide 39: Toward Strengthening Human Capital
Toward Strengthening Human Capital Recruiting of New Talent Well-being Maximization Sustainable Health Management Corporate Of Growth Human Capital DE & I Enhancement Realization of Corporate New HR System of Vision and Value Medium- to Long-Term Workstyle Reform Plans ©MACNICA HOLDINGS, INC. 39
Slide 40: About OpenWork Inc.
About OpenWork Inc. Founded in 2007, listed on the Growth Market in 2022. We operate one of Japan’s largest data platforms for employee reviews and verification item scores. Company Overview ● Established: June 2007 ● Listed Market: Tokyo Stock Exchange Growth Market ● Capital: 1,649 million yen ● C
Slide 41: OpenWork: One of the Largest Company Review Services in Japan
“OpenWork”: One of the Largest Company Review Services in Japan You can browse company data based on company reviews posted by employees and former employees. ©︎ 2025 OpenWork Inc. All rights reserved 41
Slide 42: Overview of OpenWork AWARDS
Overview of OpenWork “AWARDS” Annually, we aggregate employee and ex-employee ratings of workplace environments and release the rankings. source: https://www.openwork.jp/award/ ©︎ 2025 OpenWork Inc. All rights reserved 42
Slide 43: OpenWork AWARDS: Background of the Initiative
OpenWork “AWARDS” : Background of the Initiative Since 2014, we have carried out this initiative to showcase companies that offer fulfilling work and to promote transparency and better working environment in the job market. 2014 2020 From 2025 onward Ranking compilation Announcements Plan to continu
Slide 44: About Our 5th Place Ranking in Best Companies to Work 2025
About Our 5th Place Ranking in “Best Companies to Work 2025” ©MACNICA HOLDINGS, INC. 44
Slide 45: 5th Place Ranking in OpenWork AWARDS
5th Place Ranking in OpenWork “AWARDS” Macnica, Inc. ©MACNICA HOLDINGS, INC. 45
Slide 46: Macnica's OpenWork Score
Macnica’s OpenWork Score Company Review Score Macnica, Inc. Salaries & Benefits Satisfaction Employee Employee’s Top Evaluation System Motivation Response people Overtime (monthly) Compliance Openness Paid leave utilization Long-term Development of Employees Teamwork Filter by industry Distribution
Slide 47: Comparison with the Industry Average
Comparison with the Average of the System Integration, Development, and Operations Industries ■：Macnica ■：System Integration, Development, and Operations Industries Salaries & Benefits Satisfaction Overtime (monthly) Employee Employee’s Evaluation System Motivation Compliance Openness Average Usage
Slide 48: Employee Motivation and Work Environment on OpenWork
Employee Motivation and Work Environment that can be researched on OpenWork The website enables to view rankings by evaluation score, including categories closely related to Employee Motivation and Work Environment Scores related Employee Motivation Scores related Work Environment Overall Ranking Re
Slide 49: Macnica's Corporate Culture
Macnica’s Corporate Culture ©MACNICA HOLDINGS, INC. 49
Slide 50: About Employee Review Analysis Report
About Employee Review Analysis Report This is a unique organizational and corporate culture analysis report based on highly reliable anonymous information, created by analyzing and scoring approximately 20.1 million reviews published on OpenWork using AI. Employee Review Analysis Report • Collected
Slide 51: Characteristics of Macnica's Organizational Culture
Characteristics of Macnica’s Organizational Culture: Word Cloud from Employee Reviews Over the Past Year There were many mentions regarding openness in communication. Notably, frequent references to growth opportunities,delegation of authority and responsibility were a distinctive result. ©︎ 2025 Op
Slide 52: Response Cycle
Response Cycle Motivated Think for Take on yourself, POINT bigger create and challenges execute plans １ Entrust responsibility and authority Assess gaps against the plan, treat them as Trusted learning opportunities from failure, and leverage 信頼されて and Repeat plan ２ insights for future improvement (
Slide 53: Business growth based on human capital
Business growth based on human capital ©MACNICA HOLDINGS, INC. 53
Slide 54: Core Values
Core Values T E A M S Trust Excitement Aggressiveness Move Stretch （Employee empowerment （Positive thinking creates （Hold high aspirations with （Anticipate changing times, （ Always set high goals and backed by trust） an ideal working a passion to persevere） transform through self challenges, failure
Slide 55: Employee Development
Employee Development MACNICA University Position-based training (certain personnel) Management Development Basic Managerial Skill Improvement ⚫ General Manager training (improve people management skills) ⚫ DE&I training Objective ⚫ Section Chief training (enhance ⚫ New manager program management ski
Slide 56: OpenWork Data Use Case and Publication
OpenWork Data Use Case and Publication OpenWork's data has strong correlation with companies’ future performance and share price. Company Performance Stock Price ROE Future performance Sustainable growth rate Share price Excess return Employee Motivation Sales growth rate COGS rate Work Environment
Slide 57: Next stage in the future
Next stage in the future ©MACNICA HOLDINGS, INC. 57
Slide 58: Part 4 Q&A Session
Part 4 Q&A Session ©MACNICA HOLDINGS, INC. 58
Slide 59: ©MACNICA HOLDINGS, INC.
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