Medium-term management plan
The Group disclosed in August 2021 an MTBP (Mid-term Business Plan) for the three years leading up to the fiscal year ending June 30, 2024. Subsequently, the Group formulated a new MTBP for three years from the fiscal year ending June 30, 2024 to the fiscal year ending June 30, 2026, which reflects the effects of the transfer of the Overseas (ex-Korea) Business and the current business environment.
The financial targets stated in the new MTBP include consolidated revenue of 53.0 billion yen and consolidated operating profit of 7.5 billion yen. The Company aims to achieve a record profit. In addition, the target level of financial leverage will remain the same as previously, and the Company will aim to control its Net Debt/EBITDA ratio between 2.5x and 2.0x range while maintaining its existing credit rating. The policy of strengthening shareholder return will also remain the same. The shareholder return targets are a consolidated dividend payout ratio of 30% and share buybacks in a timely manner.
Notes
*1 Continuing operations (Japan and Korea business segments), excluding expenses related to the transfer of overseas subsidiaries (M&A)
*2 ROE: Return On Equity Return on Equity Attributable to Owners of Parent for Continuing Operations
*3 Periodofacquisition：May 16, 2023–June 23, 2023
*4 NOS: Number of Shares Outstanding
In the Japan Business, the Group’s flagship business, the Company will focus on restoring the growth of the online research and digital research businesses which are profitable. To develop the businesses that will drive sales and profit, the Company will expand business in Asia and strengthen global research. The Company will also develop data utilization support (data consulting) and platform-type solutions. The Company will accelerate the transformation of its business model to increase its presence as a Professional Marketing Services Company. Through these business activities, the Company aims to record revenue of 46.0 billion yen (a three-year CAGR of 10%) in 2026.
In the Korea Business, the Company will start the development of a service based on the data from the proprietary consumer panel in earnest. This includes providing purchase data, which the Company has already started to provide in Japan. The Company aims to post revenue of 7.0 billion yen (a three-year CAGR of 7%) in 2026.
While expanding revenue, through redefining added value and the scope of services, reviewing prices, improving research processes and revamping the core research system, the Company will take steps to increase operational efficiency and productivity to maximize earnings.