Securing revenue through recurring exhibition events and other engagements

「Demand for real-world experiences such as events remains strong this fiscal year, and orders for large projects in the food, retail and home appliance sectors have continued in the events business.」

「During the fiscal year, promotional events recovered, and the Group won many orders from the information and communications and food sectors. In addition, one newly consolidated subsidiary acquired through a new M&A transaction contributed to revenue. As a result, revenue came to ¥29,948 million, up 47.3% year on year.」

「Against this backdrop, the Group's sales promotion and event businesses showed a pronounced return to live events, and existing businesses grew significantly on the back of strong demand. In addition, the Group's M&A strategy proved effective, with the performance of Group companies improving and new client development progressing through group synergies, enabling the Group to achieve substantial growth. As a result, for the six months ended 31 October 2025, revenue was ¥14,473 million, up 67.3% year on year.」

「In terms of operations during the fiscal year, revenue increased substantially because the event business, the Group's core business, grew, including an 11.2% year-on-year increase in the number of events held, and because of the contribution from a newly consolidated subsidiary.」

「Against this backdrop, the Group's core event business entered a recovery phase and revenue remained solid. However, profit declined, partly because of the strategic investments that have continued since the previous fiscal year. As a result, for the six months ended 31 October 2024, revenue was ¥8,650 million, up 4.2% year on year, and gross profit was ¥1,619 million, down 16.1%.」

「Against this backdrop, while COVID-related BPO projects declined substantially, the Group actively pursued new initiatives as live events were being permitted again, including large events, hybrid events combining live and online formats, and events for which the Group was both one of the organizers and a contracted producer. Although the overall event market had recovered to only around 80% of its pre-COVID level, according to the Ministry of Economy, Trade and Industry's Current Survey of Selected Service Industries, the Group's results exceeded its pre-COVID revenue level of ¥13.11 billion in the fiscal year ended April 2020, even excluding the contribution from 株式会社ガイアコミュニケーションズ, which had newly joined the consolidated group.」

「Although the Group did not have large projects on the scale seen in the second quarter, it continued to propose and implement suitable projects to capture the recovery in foot traffic following the COVID-19 pandemic. As a result, third-quarter revenue came in at just under ¥4 billion, a substantial increase from the first quarter.」

「In the second quarter, the Group was able to propose and carry out suitable projects to capture the recovery in foot traffic, and several large projects were implemented concurrently. As a result, cumulative performance recovered to a level that had recouped a substantial portion of the slow start in the first quarter.」

「Against this backdrop, although the event business, the Group's core business, has yet to achieve a full-scale recovery, revenue and profit remained solid as activity returned to live events. As a result, for the three months ended 31 July 2023, revenue was ¥3,135 million, down 30.1% year on year; gross profit was ¥696 million, down 37.6%; operating profit was ¥134 million, down 76.4%; ordinary profit was ¥147 million, down 74.2%; and profit attributable to owners of the parent was ¥84 million, down 77.2%.」

「Although the Group was affected by the decline following the Tokyo 2020 Olympic and Paralympic Games and subsidy-related administrative office projects in the previous year, revenue and profit in its core event business remained solid as activity returned to live events, although a full-scale recovery has yet to be achieved. Vaccine-related BPO projects and other engagements also continued to contribute to results. As a result, revenue for the fiscal year was ¥17,047 million, down 32.2% year on year.」

「Although the Group's operating environment was affected by the decline following the Tokyo 2020 Olympic and Paralympic Games and subsidy-related administrative office projects in the previous year, revenue and profit in the core event business remained solid as activity returned to live events, although a full-scale recovery has yet to be achieved. Vaccine-related BPO projects and other engagements also continued to contribute to results.」

「Although the Group was affected by the reversal of the Tokyo 2020 Olympic and Paralympic Games and subsidy-related administrative office projects from the previous year, revenue and profit in its core event business remained solid as activity returned to live events. Vaccine-related BPO projects and other engagements also continued to contribute to results.」

「Under these circumstances, revenue and profit remained solid, supported by increased sales from in-person events held after countermeasures had been implemented and by BPO projects. As a result, for the three months ended 31 July, revenue was ¥4,487 million, up 27.5% year on year; gross profit was ¥1,114 million, up 60.0%; operating profit was ¥571 million, up 122.3%; ordinary profit was ¥571 million, up 114.7%; and profit attributable to owners of the parent was ¥369 million, up 111.5%.」

「In response to these circumstances, the Group responded quickly and flexibly to changes in business opportunities and customer needs, and orders for digital promotions and online events remained solid. In addition, we developed and promoted an order-taking structure in the human resources business and worked to secure earnings, while sales from BPO projects and other initiatives also contributed, enabling us to achieve increases in both revenue and profit. As a result, revenue for the fiscal year was ¥25,136 million, up 59.9% year on year.」

「In response to these circumstances, the Group responded quickly and flexibly to changes in business opportunities and customer needs, and orders for digital promotions and online events remained solid. In addition, we developed and promoted an order-taking structure in the human resources business and worked to secure earnings, while sales from BPO projects and other initiatives also contributed, enabling us to achieve increases in both revenue and profit in the three months ended 31 January 2022.」

「In response to changes in the business environment and customer needs, the Group made proactive investments, including upgrading its proprietary F Studio Shibuya streaming studio to 5G. As a result, digital event streaming and online projects grew, while we developed and promoted an order-taking structure for sales campaigns in the human resources business and worked to secure earnings. Sales from international sporting event projects and national-policy BPO projects also contributed in the second quarter, enabling us to achieve increases in both revenue and profit. As a result, for the six months ended 31 October, revenue was ¥10,282 million, up 54.5% year on year; gross profit was ¥2,345 million, up 62.7%; operating profit was ¥1,401 million, up 375.4%; ordinary profit was ¥1,418 million, up 244.5%; and profit attributable to owners of the parent was ¥929 million, up 226.4%.」

「Against this backdrop, the Group made proactive investments, including upgrading its proprietary streaming studio, F Studio Shibuya, to 5G, in order to respond rapidly and flexibly to changes in the business environment and customer needs. As a result, digital event streaming and online projects grew substantially. In addition, we established and promoted an order-taking structure for promotional campaigns in the human resources field and worked to secure earnings, while also winning orders for international sporting event projects, enabling us to achieve both higher revenue and higher earnings.」

「The Group's business was materially affected by the cancellation or downsizing of large-scale events and by events being held online instead.」

「Against this backdrop, during the nine months ended January 31, 2021, the Group experienced a succession of cancellations of large-scale events, mainly in the promotion business, or events held online on a reduced scale due to the spread of COVID-19, forcing a decline in activity, but the human resources business」

「Against this backdrop, in the Group's second quarter, the spread of COVID-19 led to a succession of cancellations of large-scale events, mainly in the promotion business, or events held offline on a reduced scale, forcing a decline in activity, but」

「Against this backdrop, the Group's first quarter was affected by requests to refrain from holding events and going out to prevent the spread of COVID-19.」

「For the fiscal year, revenue was ¥13,118 million, up 2.6% year on year, partly because we continued to win contracts to operate administrative offices for large summer events held annually and for sales promotions by foreign-affiliated software companies.」

「The Group sought to increase revenue by securing revenue through event engagements and other projects and undertaking new projects, including promotions for consumer products, while working to improve its profit margin.」

「Securing revenue through event engagements and other projects ahead of the Tokyo Olympic and Paralympic Games to be held in 2020, which were one year away」

「Securing revenue through event engagements and other projects ahead of the Tokyo Olympic and Paralympic Games to be held in 2020, which were one year away」

「Revenue was ¥12,780 million, up 4.8% year on year, partly because we continued to win contracts to operate administrative offices for large summer events held annually and for sales promotions by foreign-affiliated software companies.」

「Securing revenue through recurring exhibition events and other engagements」