President's Message

Our group has energetically engaged in business under the "Medium-Term Management Plan 2025," which has its final year in fiscal year 2025, positioning the growth of business profitability, the strengthening of foundations for sustainable growth, and the maximizing the vitality of human capital and organizations as key strategies.

Regarding the current fiscal performance, the increase in the number of group customers, the expansion of the stock business for corporate clients in the Information and communications business, and the steady progress of construction orders in the Construction, equipment and real estate business have significantly contributed to our results. Sales reached ¥243.5 billion (a 5.2% increase compared to the previous year), marking the highest revenue in eight consecutive periods.

In terms of profit, the increase in profits due to the rise in customer numbers and strategic cost reductions in the Energy business have greatly contributed, resulting in operating profit of ¥16.8 billion (an 8.6% increase compared to the previous year), achieving record highs in all profit categories. Additionally, all profit categories exceeded the forecast figures set at the beginning of the period.

The year-end dividend for the current period was set at ¥17 per share, resulting in an annual dividend of ¥34.

As for the customer base, which is the source of our group's revenue, we actively engaged in customer acquisition activities to achieve the goals of the medium-term management plan, resulting in an increase of 64,000 customers from the end of the previous period, bringing the total to 3,423,000 customers.

In the Energy business centered around gas, as the domestic market matures, we have actively expanded our sales areas and pursued M&A to develop new demand. In April 2024, we made FujiPro Co., Ltd., an LP gas company in Kanagawa Prefecture, a consolidated subsidiary, and in August, we established our third LP gas sales office in Kyushu Region, located in Kagoshima Prefecture. We will continue to focus on expanding our areas, particularly in Western Japan and the Chukyo Area.

In the Information and communications business, we concentrated on customer acquisition in the consumer business by strengthening collaboration with major mobile carriers. In the corporate business, we enhanced our market competitiveness by leveraging various Amazon Web Services (AWS) certifications. Additionally, we expanded our cloud services business by making G&F Co., Ltd., which specializes in IT system construction in Tokyo, a consolidated subsidiary in December 2024. Furthermore, we have officially started AWS-related business in Indonesia.

In the CATV business, we focused on local information dissemination and program production, while also enhancing our content through collaboration with major video streaming service providers. We actively engaged in sales activities in new areas to expand our customer base.

In the Construction, equipment and real estate business, we achieved results exceeding the previous period in both construction, real estate and equipment/civil engineering due to steady progress in receiving construction orders.

In the Aqua business, the water supply-type purification server "Shizuclear," which started service in April 2024, has received very high praise in the market, leading to an expansion of our customer base.

As mentioned earlier, fiscal year 2025 marks the final year of our “Medium-Term Management Plan 2025,” and we position it as an important year for finalizing the plan and connecting it to the next medium-term management plan.

Regarding the progress of the “Medium-Term Management Plan 2025,” the strategic initiatives of each business have steadily borne fruit, with operating profit for fiscal year 2024 exceeding the plan at ¥16.8 billion. In fiscal year 2025, we will continue to strengthen competitiveness in each business while actively pursuing M&A and area expansion, aiming to increase the number of customers by 39,000 from the end of the current period, reaching a total of 3,462,000 customers by the end of the period. We will strive to further expand our revenue base and aim for record high sales and profits across all categories.

Our group considers ROE and ROIC as important management indicators and is committed to strengthening management. This period's ROE was 10.1%, and ROIC was 8.4%, showing steady progress toward the targets set in the medium-term management plan. We will continue to optimize capital allocation to enhance capital profitability and growth. We sincerely ask for your continued support and encouragement.