Diversifying the Earnings Base through M&A and Expanding the SMS Business Overseas

「During the interim consolidated accounting period, ズノー became subject to consolidation and, together with ZMS, which became subject to consolidation from the fourth-quarter consolidated accounting period of the previous fiscal year, contributed to the expansion of the group’s results. The 2 companies are working to create business synergies while deepening their respective collaboration with the company in different fields.」

「As part of a new initiative, the company identified new revenue opportunities in the SMS delivery business during the fiscal year and newly made ズノー・メディアソリューション a subsidiary to develop the solutions business efficiently and rationally. Meanwhile, it transferred all shares of Xoxzo, which no longer fit its new business concept.」

「The company will maintain its longstanding policy of being “Asia’s Accrete,” while pursuing the internationalisation of its SMS business, including business alliances, and acquiring markets through M&A. It is already discussing cooperation with a major Chinese SMS operator, in addition to Vietnam, where VGS operates. In other Asian countries, it plans to actively pursue sales and alliances on a project- and solution-specific basis, using the overseas network of the new management team to expand the company’s business scope, with overall management and control through the President’s Office.」

「In the overseas messaging services business, the company is working to maintain and gain a certain share of Vietnam’s SMS delivery market, where its consolidated subsidiary VietGuys J.S.C. (VGS) operates. Going forward, it is continuing to expand the business by transitioning to a new management structure different from the previous one, pursuing business alliances with overseas SMS operators and introducing new services.」

「This was also attributable to VietGuys J.S.C., which was acquired as a subsidiary in the previous fiscal year, contributing to results for the full fiscal year.」

「The company is promoting efforts to gain a certain share of the Vietnamese market by providing VGS with its know-how and experience in Japan.」

「The company plans to gain a certain share of the Vietnamese market by providing VGS with its know-how and experience in Japan.」

「In the overseas messaging services business, the Asian corporate SMS delivery market is forecast to expand at a CAGR of 2.8% from fiscal 2020 to fiscal 2024, reaching 1.41 trillion messages in 2024. Vietnam’s SMS delivery market, where VietGuys J.S.C. (VGS), acquired in the previous fiscal year, operates, is expected to reach 35.4 billion messages in 2024.」

「In the overseas messaging services business, the company’s acquisition of VietGuys J.S.C. (VGS), which operates an SMS delivery service business in Vietnam, during the second-quarter consolidated accounting period marked its first step into the Asian market.」

「In the previous fiscal year, the company made Xoxzo, which provides SMS delivery services primarily over international networks, and テクノミックス, which provides email delivery services such as “School Safety Email” and “Municipal Safety Email,” subsidiaries. In addition, during the second-quarter consolidated accounting period, it completed the acquisition of VietGuys J.S.C. (VGS), which operates an SMS delivery service business in Vietnam. Going forward, the group aims to further expand its messaging services business as a whole.」

「The company completed the acquisition of 51% of the shares on 8 April 2022.」

「The company operates an SMS delivery service business and is seeking to diversify its earnings base in order to further strengthen the business.」

「At a meeting of the Board of Directors held on 19 August 2021, the company resolved to acquire 51% of the shares of VietGuys J.S.C. and make it a subsidiary, and entered into a share transfer agreement on the same date.」