Worth reading
82Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
5000
¥100 million (net sales target for the fiscal year ending October 2030)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+34.0%
基準 3,731Target5,000100 million (FY2025 actual → FY2030 target)
Operating profit+115.5%
基準 116Target250100 million (FY2025 actual → FY2030 target)
Operating profit margin+1.9pt
基準 3.1Target5% (FY2025 actual → FY2030 target)
Each line is the climb from the baseline the document states to the target it sets. The slope is scaled against the largest climb in this document. For metrics expressed as percentages, differences are shown in percentage points (pt).The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
ROENot disclosed → 20 %
ROICNot disclosed → 7 %
Only the target level is shown because the current level for comparison was not provided.What happened to the previous planFY2024 Net Sales 3,500 / Operating profit 90 / FY2025 Net Sales 3,900 / Operating profit 120 / FY2026 Net Sales 4,300 / Operating profit 180 → FY2024 Net Sales 3,433 / Operating profit 108 / Category Track record / FY2025 Net Sales 3,731 / Operating profit 116 / Category Track record / FY2026 Net Sales 4,200 / Operating profit 120 / Category Actuals and outlook（FY2024 Net Sales -1.9% / Operating profit 20.0% / FY2025 Net Sales -4.3% / Operating profit -3.3% / FY2026 Net Sales -2.3% / Operating profit -33.3%）
Total investment planPlans to make ¥10 billion in proactive growth investments (FY2026–2030)
Investment amount by sectorField Strategic M&A / Amount ¥100 hundred million / Period FY2026-2030
Statements about the use of capital
Payout ratio / DOE policyDividend payout ratio of at least 25%. The period covered is from the fiscal year ending October 2027 through the fiscal year ending October 2030. DOE: Not disclosed.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Maximize LTV and improve productivity through hyper-personalization
02Expand the business and build new business models by leveraging the global network
03Enter new areas and expand existing businesses through M&A, investment and partnerships
04Enable diverse talent that embodies the HIS Group Value to thrive and continue growing
05Establish a proactive group governance structure supporting sustainable growth
Plan assumptionsAn annual growth rate of 6.4% is required through 2030 to restore the outbound travel market from Japan to approximately its pre-pandemic level., The global market is expected to grow from 1.52 billion people in FY2025 to 2.01 billion people in FY2030, a 132% increase over the 5-year period., The domestic accommodation market is expected to grow from ¥11.7 trillion in FY2025 to ¥14.6 trillion in FY2030, a 125% increase over the 5-year period., Market size and growth rates were calculated by incorporating the Company's hypotheses and forecasts into various publicly available external data. Actual market conditions may differ from the forecasts.
Segment targetSegment Core businesses / Net Sales ¥3,100 hundred million / Operating profit ¥200 hundred million / Subject FY2030, Segment Next-core businesses / Net Sales ¥2,500 hundred million / Operating profit ¥150 hundred million / Subject FY2030, Segment Growth businesses / Net Sales ¥300 hundred million / Operating profit ¥30 hundred million / Subject FY2030, Segment Adjustments and eliminations, etc. / Net Sales ¥-900 hundred million / Operating profit ¥-130 hundred million / Subject FY2030
Non-financial targetsIndicator Number of employees (full-time equivalent) / Target value 13,760 people / Timing FY2030, Indicator Annual customer touchpoints in the domestic travel business (combined customers sent to and arriving in Okinawa) / Target value 1,000,000 people / Timing Not disclosed, Indicator Number of municipalities served / Target value 1,000 Local government / Timing Not disclosed, Indicator Number of companies conducting BTM transactions / Target value 2,500 companies / Timing Not disclosed, Indicator Number of global inbound service locations / Target value 50 Location / Timing By 2030, Indicator Reduction in work hours in core businesses / Target value 40 % (vs. FY2025) / Timing FY2030, Indicator Gross profit generated through CRM and AX / Target value ¥20 hundred million / Timing Not disclosed
Size of the Target MarketMarket Global market / Dimensions 1.52 billion people → 2.01 billion people / Growth rate 132% over 5 years (FY2025 → FY2030) / Source Calculated by incorporating the Company's hypotheses and forecasts into various publicly available external data, Market Domestic accommodation market / Dimensions ¥11.7 trillion → ¥14.6 trillion / Growth rate 125% over 5 years (FY2025 → FY2030) / Source Calculated by incorporating the Company's hypotheses and forecasts into various publicly available external data, Market Financial Markets / Dimensions Approximately ¥30 trillion / Growth rate Not disclosed / Source Approximately 5% of Japan's nominal GDP (2025), Market Generative AI market / Dimensions Approximately ¥1.8 trillion (forecast for 2030) / Growth rate Not disclosed / Source Not disclosed, Market E-commerce Market / Dimensions Approximately ¥15.2 trillion (forecast for 2030) / Growth rate Not disclosed / Source Not disclosed, Market New and expanded MICE market / Dimensions Approximately ¥600 billion / Growth rate Not disclosed / Source Calculated by incorporating the Company's hypotheses and forecasts into various publicly available external data
Risks identified by the company
Decline in travel demand due to geopolitical risks
Decline in travel agencies' market share and sluggish sales growth in existing businesses due to the diversification of booking channels
Contraction in travel demand and diversion of consumer spending to areas other than travel
AI replacing the value of travel agencies' proposals and consulting services
Limits to growth in the Japanese market, declining birth rates and a slower recovery in outbound travel from Japan
Lost opportunities, higher costs and declining profitability due to labor shortages
Country risks in the overseas outbound business and higher costs due to hyperinflation
Additions and deletions from the previous plan: Not disclosed
Reason for revision or withdrawal
The full-year earnings forecast for the fiscal year ending October 2026 was revised after comprehensively considering the delayed recovery in the outbound travel market from Japan, the prolonged tensions in the Middle East, the slowdown in new bookings associated with higher fuel surcharges, and other factors.
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan (Fiscal Years Ending October 2027–2030) / HIS Group Vision 2030 |
| Plan period | 4 years, from the fiscal year ending October 2027 through the fiscal year ending October 2030 |
| Progress against the plan | Formulated |
| Sales Target | ¥3,731 100 million (FY2025 actual → FY2030 target) → ¥5,000 100 million (FY2025 actual → FY2030 target)（34.0%） |
| Operating profit target | ¥116 100 million (FY2025 actual → FY2030 target) → ¥250 100 million (FY2025 actual → FY2030 target)（115.5%） |
| Operating profit margin target | 3.1 % (FY2025 actual → FY2030 target) → 5 % (FY2025 actual → FY2030 target)（61.3%） |
| ROE target | Not disclosed → 20 % |
| ROIC target | Not disclosed → 7 % |
| Payout ratio / DOE policy | Dividend payout ratio of at least 25%. The period covered is from the fiscal year ending October 2027 through the fiscal year ending October 2030. DOE: Not disclosed. |
| Total investment plan | Plans to make ¥10 billion in proactive growth investments (FY2026–2030) |
| Investment amount by sector | Field Strategic M&A / Amount ¥100 hundred million / Period FY2026-2030 |
| Segment target | Segment Core businesses / Net Sales ¥3,100 hundred million / Operating profit ¥200 hundred million / Subject FY2030, Segment Next-core businesses / Net Sales ¥2,500 hundred million / Operating profit ¥150 hundred million / Subject FY2030, Segment Growth businesses / Net Sales ¥300 hundred million / Operating profit ¥30 hundred million / Subject FY2030, Segment Adjustments and eliminations, etc. / Net Sales ¥-900 hundred million / Operating profit ¥-130 hundred million / Subject FY2030 |
| Non-financial targets | Indicator Number of employees (full-time equivalent) / Target value 13,760 people / Timing FY2030, Indicator Annual customer touchpoints in the domestic travel business (combined customers sent to and arriving in Okinawa) / Target value 1,000,000 people / Timing Not disclosed, Indicator Number of municipalities served / Target value 1,000 Local government / Timing Not disclosed, Indicator Number of companies conducting BTM transactions / Target value 2,500 companies / Timing Not disclosed, Indicator Number of global inbound service locations / Target value 50 Location / Timing By 2030, Indicator Reduction in work hours in core businesses / Target value 40 % (vs. FY2025) / Timing FY2030, Indicator Gross profit generated through CRM and AX / Target value ¥20 hundred million / Timing Not disclosed |
| Plan assumptions | An annual growth rate of 6.4% is required through 2030 to restore the outbound travel market from Japan to approximately its pre-pandemic level., The global market is expected to grow from 1.52 billion people in FY2025 to 2.01 billion people in FY2030, a 132% increase over the 5-year period., The domestic accommodation market is expected to grow from ¥11.7 trillion in FY2025 to ¥14.6 trillion in FY2030, a 125% increase over the 5-year period., Market size and growth rates were calculated by incorporating the Company's hypotheses and forecasts into various publicly available external data. Actual market conditions may differ from the forecasts. |
| Key initiatives | Maximize LTV and improve productivity through hyper-personalization, Expand the business and build new business models by leveraging the global network, Enter new areas and expand existing businesses through M&A, investment and partnerships, Enable diverse talent that embodies the HIS Group Value to thrive and continue growing, Establish a proactive group governance structure supporting sustainable growth |
| Results under the previous plan | FY2024 Net Sales 3,500 / Operating profit 90 / FY2025 Net Sales 3,900 / Operating profit 120 / FY2026 Net Sales 4,300 / Operating profit 180 → FY2024 Net Sales 3,433 / Operating profit 108 / Category Track record / FY2025 Net Sales 3,731 / Operating profit 116 / Category Track record / FY2026 Net Sales 4,200 / Operating profit 120 / Category Actuals and outlook（FY2024 Net Sales -1.9% / Operating profit 20.0% / FY2025 Net Sales -4.3% / Operating profit -3.3% / FY2026 Net Sales -2.3% / Operating profit -33.3%） |
| Reason for revision or withdrawal | The full-year earnings forecast for the fiscal year ending October 2026 was revised after comprehensively considering the delayed recovery in the outbound travel market from Japan, the prolonged tensions in the Middle East, the slowdown in new bookings associated with higher fuel surcharges, and other factors. |
| Size of the Target Market | Market Global market / Dimensions 1.52 billion people → 2.01 billion people / Growth rate 132% over 5 years (FY2025 → FY2030) / Source Calculated by incorporating the Company's hypotheses and forecasts into various publicly available external data, Market Domestic accommodation market / Dimensions ¥11.7 trillion → ¥14.6 trillion / Growth rate 125% over 5 years (FY2025 → FY2030) / Source Calculated by incorporating the Company's hypotheses and forecasts into various publicly available external data, Market Financial Markets / Dimensions Approximately ¥30 trillion / Growth rate Not disclosed / Source Approximately 5% of Japan's nominal GDP (2025), Market Generative AI market / Dimensions Approximately ¥1.8 trillion (forecast for 2030) / Growth rate Not disclosed / Source Not disclosed, Market E-commerce Market / Dimensions Approximately ¥15.2 trillion (forecast for 2030) / Growth rate Not disclosed / Source Not disclosed, Market New and expanded MICE market / Dimensions Approximately ¥600 billion / Growth rate Not disclosed / Source Calculated by incorporating the Company's hypotheses and forecasts into various publicly available external data |
| Risks identified | Decline in travel demand due to geopolitical risks, Decline in travel agencies' market share and sluggish sales growth in existing businesses due to the diversification of booking channels, Contraction in travel demand and diversion of consumer spending to areas other than travel, AI replacing the value of travel agencies' proposals and consulting services, Limits to growth in the Japanese market, declining birth rates and a slower recovery in outbound travel from Japan, Lost opportunities, higher costs and declining profitability due to labor shortages, Country risks in the overseas outbound business and higher costs due to hyperinflation, Additions and deletions from the previous plan: Not disclosed |
| Date of board resolution | 12 June 2026 |
| Publication date | 12 June 2026 |
Items this document does not state (4)
Net income targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share price
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.The Company operates in a business environment requiring rapid responsiveness, amid worldwide inflation, instability in the international order, business transformation and changes in consumer demand driven by advances in AI technology, and other factors. By leveraging the foundations and strengths cultivated through its travel business and building a portfolio in which diverse businesses generate synergies beyond existing frameworks, the Company aims to achieve sustainable growth and enhance corporate value.
How to read this page
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