Transformation into a comprehensive music entertainment company

「In the consolidated fiscal year under review, the first year of the Group's first medium-term management plan, Ignite 2027, we pursued new value creation by combining content and technology and achieved sustainable growth toward our quantitative targets.」

「In the medium-term management plan "Daylight 2024," we updated our Group's mission, which dates back to our founding. In connection with the business integration with SKIYAKI on 1 April 2024, we further updated it as follows. <Our Group's mission> EMPOWER ARTISTS & CREATORS, ENRICH FAN EXPERIENCE」

「Through this business integration, the two companies will achieve sustainable growth as a new kind of entertainment company that combines content and technology.」

「As social and economic conditions continue to change rapidly, our Group announced its medium-term management plan, "Daylight 2024" (fiscal 2022–2024), on 13 May 2022, with the aim of achieving business growth by providing primarily digital solutions to artists and creators and delivering inspiration to users and fans through live events and other content.」

「We will continue to contribute to the development and diversity of culture, beginning with music.」

「As social and economic conditions continue to change rapidly, our Group announced its medium-term management plan, "Daylight 2024" (fiscal 2022–2024), on 13 May 2022, with the aim of achieving business growth by providing primarily digital solutions to artists and creators and delivering inspiration to users and fans through live events and other content.」

「Our Group: ■ We create high-quality content with new values and perspectives and deliver inspiration to users. ■ We provide diverse solutions and enable artists to pursue free and independent activities. And ■ Through our business activities, we will continue to contribute to the development and diversity of culture, beginning with music.」

「Against this backdrop, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group, including live events, digital content production, various digital services, and activities ranging from music labels to artist management. We have pursued the transformation of our business into a music entertainment company.」

「Against this backdrop, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group, including live events, digital content production, various digital services, and activities ranging from music labels to artist management. We have pursued the transformation of our business into a music entertainment company.」

「Against this backdrop, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group, including live events, digital content production, various digital services, and activities ranging from music labels to artist management. We have pursued the transformation of our business into a music entertainment company.」

「Against this backdrop, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group, including live-event businesses, digital content production and various digital services, and activities ranging from music labels to artist management businesses. We have pursued the transformation of our business into a music entertainment company.」

「Against this backdrop, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group, including live events, digital content production, various digital services, and activities ranging from music labels to artist management. We have pursued the transformation of our business into a music entertainment company.」

「Against this backdrop, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group, including live events, digital content production, various digital services, and activities ranging from artist management to music distribution. We have pursued the transformation of our business into a music entertainment company.」

「Against this backdrop, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group, including live events, digital content production, various digital services, and activities ranging from music labels to artist management. We have pursued the transformation of our business into a music entertainment company.」

「Against this backdrop, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group, including live events, digital content production, various digital services, and activities ranging from music labels to artist management. We have pursued the transformation of our business into a music entertainment company.」

「By combining and leveraging all of the functions available across our Group, we have developed a diverse range of media and content businesses and pursued the transformation of our business into a music entertainment company.」

「Against this backdrop, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group, including live events, digital content production, various digital services, and activities ranging from music labels to artist management. We have pursued the transformation of our business into a comprehensive music entertainment company.」

「Against this backdrop, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group, including live events, digital content production, various digital services, and activities ranging from music labels to artist management. We have pursued the transformation of our business into a comprehensive music entertainment company.」

「Against this backdrop, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group, including live events, digital content production, various digital services, and activities ranging from music labels to artist management. We have pursued the transformation of our business into a comprehensive music entertainment company.」

「Based on these three principles, our Group seeks to respond to various paradigm shifts, including changes in market conditions and consumer needs in the broadcasting and telecommunications, music, advertising and entertainment industries. We will continue to develop a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group, beginning with the production of music video content and broadcasting of music-focused channels, activities that we have pursued since our founding, and extending to live events, digital content and various digital services, and activities ranging from music labels to artist management. Our basic management policy is to advance our transformation into a comprehensive music entertainment company.」

「Against this backdrop, in order to respond to changes in market conditions and consumer needs in the broadcasting, music and entertainment industries, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group. This has included live events, digital content production, various digital services, and activities ranging from music labels to artist management, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding. We have pursued the transition to a comprehensive music entertainment company as our basic policy.」

「Against this backdrop, in order to respond to changes in market conditions and consumer needs in the broadcasting, music and entertainment industries, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group. This has included live events, digital content production, various digital services, and activities ranging from music labels to artist management, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding. We have pursued the transition to a comprehensive music entertainment company as our basic policy.」

「Against this backdrop, in order to respond to changes in market conditions and consumer needs in the broadcasting, music and entertainment industries, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group. This has included live events, digital content production, various digital services, and activities ranging from music labels to artist management, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding. We have pursued the transition to a comprehensive music entertainment company as our basic policy.」

「The Group's basic policy has been to develop a diverse range of media and content businesses by combining all of its functions, including live events, digital content production, various digital services, and activities ranging from music labels to artist management, while maintaining its longstanding businesses of planning and producing music video content and operating a music-focused channel on a paid multichannel broadcasting platform.」

「Against this backdrop, in order to respond to changes in market conditions and consumer needs in the broadcasting, music and entertainment industries, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group. This has included live events, digital content production, various digital services, and activities ranging from music labels to artist management, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding. We have pursued the transition to a comprehensive music entertainment company as our basic policy.」

「Against this backdrop, in order to respond to changes in market conditions and consumer needs in the broadcasting, music and entertainment industries, our Group has developed a diverse range of media and content businesses by combining and leveraging all of the functions available across the Group. This has included live events, digital content production, various digital services, and activities ranging from music labels to artist management, while continuing to build on the planning and production of music video content and the operation of music-focused channels on a paid multichannel broadcasting platform, activities that we have pursued since our founding. We have pursued the transition to a comprehensive music entertainment company as our basic policy.」

「While building on the planning and production of music video content and the operation of music channels on a paid multichannel broadcasting platform, which we have pursued since our founding, we have worked to transform the Group into a comprehensive music entertainment company by developing a diverse range of media and content businesses. We have done so by combining and leveraging all of the functions available across the Group, including live events, digital content production, digital services, and businesses spanning music labels through artist management.」

「While maintaining its longstanding businesses of producing music video content and broadcasting a music-focused channel via CS broadcasting, the Group has pursued a policy of transforming itself into a comprehensive music entertainment company by developing a diverse range of media and content businesses. This has involved combining all of the functions available within the Group, including live events, digital content production, various digital services, and activities ranging from music labels to artist management.」