Transformation of the Business Structure After the Novel Infectious Disease Subsides

「As the current consolidated fiscal year marked the final year of the Alpico Group Medium-Term Management Plan (Change & Challenge 2023), the group achieved the intended results by pursuing its three basic policies: “Improving productivity through bold structural reform,” “Creating and implementing new business value,” and “Transforming corporate culture.”」

「Against this backdrop, the group is implementing the Alpico Group Medium-Term Management Plan (Change & Challenge 2023), with three basic policies: “Improving productivity through bold structural reform,” “Creating and implementing new business value,” and “Transforming corporate culture.” By major business, in the retail business the group is working on “improving the efficiency of store and head-office operations” and “expanding sales channels outside stores,” among other initiatives; in the transportation business, on “optimising vehicle and personnel allocation” and “introducing a taxi dispatching app,” among other initiatives; and in the tourism business, on “consolidating and integrating hotel operations” and “developing new tourism and travel resources,” among other initiatives.」

「In addition to implementing these initiatives, the group will steadily implement the following business strategies: transforming its management foundation into a robust one less affected by the external environment; pursuing the SDGs and contributing to the resolution of social issues; creating business synergies by leveraging management resources within the group; and developing new businesses to create and implement new business value.」

「The Group launched the ALPICO Group medium-term management plan, "Change & Challenge 2023," and set out three basic policies: "Improving productivity through bold structural reform," "Creating and implementing new business value," and "Transforming corporate culture."」

「Against this backdrop, the group has launched the Alpico Group's new medium-term management plan (Change & Challenge 2023), with three basic policies: “Improving productivity through bold structural reform,” “Creating and implementing new business value,” and “Transforming corporate culture.”」

「Under these circumstances, the Group launched the ALPICO Group's new medium-term management plan, "Change & Challenge 2023." The new medium-term management plan has three basic policies: "Improving productivity through bold structural reform," "Creating and implementing new business value," and "Transforming corporate culture."」

「Under these circumstances, with the safety and security of customers and employees as our top priority, the group has continued various initiatives to prevent the spread of the pandemic, while working to substantially reduce fixed costs and expenses and flexibly reviewing operating and sales structures, primarily in the transportation and travel businesses. At the same time, we are working to improve productivity and restore profitability through business structural reforms, transforming the company into one capable of responding quickly to changes in the environment.」

「As the impact of the current pandemic has been severe, we are working to improve productivity and profitability through business structural reforms, transforming the company into one capable of responding quickly to changes in the operating environment.」

「In addition to these initiatives, we will boldly advance structural transformations in each business, anticipating changes in the environment after the end of the pandemic. Specifically, we will steadily implement measures to ensure an early recovery in performance after the end of the pandemic, including expanding express bus routes and scaling back the chartered bus business, promoting the adoption of IT such as dispatching apps in the taxi business, strengthening cooperation among hotels and inns, increasing the added value of travel products for outbound travellers and developing destination-based products for inbound travellers, centralising back-office operations currently dispersed among group companies, and strengthening sales capabilities.」