Selective Investment in New Businesses

「We are working to improve profit margins through selective investment in highly profitable businesses, greater efficiency in daily operations and administrative costs, and improved productivity in back-office functions.」

「Against this backdrop, our Group is pursuing management that emphasizes profitability, making selective investments in highly profitable businesses and working to improve efficiency in administrative costs.」

「We will review our business portfolio and actively consider M&A in order to reduce excessive dependence on a single industry and diversify risk across multiple businesses.」

「We are making selective investments in highly profitable businesses and improving the efficiency of administrative costs.」

「We will work to shift the composition of our earnings base to a more sustainable structure through active investment in the solid beauty business and the food-service business, particularly the ramen business, which is recovering ahead of other areas.」

「Going forward, we will expand into business domains, including beauty salons, that are less affected by the COVID-19 pandemic.」

「Effective 1 April 2020, we acquired all shares of Naokyu Co., Ltd. from Fukukuru Foods Co., Ltd., making Naokyu a subsidiary. On the same date, Naokyu acquired Fukukuru Foods’ ramen business.」

「Going forward, we will continue our existing management policies and measures as our primary means of enhancing corporate and shareholder value, while focusing on creating business value through integration processes that maximize the post-acquisition integration benefits of the businesses acquired in addition to our existing karaoke business.」

「Going forward, our group will make maximum use of its available management resources and promote business development by expanding the field of value creation from our traditional leisure and entertainment businesses to the broader lifestyle sector, in order to respond promptly and accurately to the needs of more consumers.」

「In the previous fiscal year, we focused on management under the policy of differentiating our businesses and strengthening profitability. In the current fiscal year, we will continue to uphold three management policies: ① promoting differentiation in the karaoke and food-service businesses, ② developing new businesses and business formats, and ③ company-wide operational reform and productivity improvement.」

「As part of its M&A activity through business acquisitions, the company opened “Karaoke no Tetsujin Matsudo Annex” on 1 March 2019 as its second new location of the fiscal year through a business acquisition. In addition, on 1 March 2019, it acquired the business of “Android Dictionary,” a curation site providing new value-added information to smartphone users, and implemented planned management initiatives, including efforts to establish its web media business as a new earnings pillar.」

「In the previous fiscal year, we focused on management under the policy of returning to the karaoke business. In the current fiscal year, we have adopted five management policies: ① rebuilding the foundation for renewed growth in the karaoke business, ② advancing the karaoke business, ③ creating and executing new businesses, ④ improving productivity, and ⑤ strengthening our human resources base. We will proceed with foundation-building to further strengthen the karaoke business and execute our growth strategy.」

「In the previous fiscal year, we focused on management under the policy of returning to the karaoke business. In the current fiscal year, we have adopted five management policies: ① rebuilding the foundation for renewed growth in the karaoke business, ② advancing the karaoke business, ③ creating and executing new businesses, ④ improving productivity, and ⑤ strengthening our human resources base.」

「Going forward, we will pursue business differentiation and stronger profitability centered on human resources and IT as a management objective, while actively opening karaoke locations and developing new core businesses that capitalize on our strengths.」

「The group has adopted a focus on the karaoke room operations business, selective investment in new businesses, and stronger corporate governance as its management policies for the current fiscal year.」

「The group has adopted as its management policies a focus on the karaoke room operations business, selective investment in new businesses, and stronger corporate governance.」

「The group has adopted as its management policies a focus on the karaoke room operations business, selective investment in new businesses, and stronger corporate governance.」