In its IR video, CREEK & RIVER Co.,Ltd. outlined its multi-pillar management strategy and indicated plans to create new businesses across sectors. The company detailed its first-quarter results and full-year outlook, along with an upward revision to its dividend policy.
CREEK & RIVER Co.,Ltd. explained that it is accelerating growth through M&A focused on business succession, supported by a base of 460,000 professionals. The company said it will become a value-creation company by bringing 高橋書店 into the group in 2025.
Highlights for the current fiscal year include first-quarter revenue of ¥17.034 billion, representing 123% year-on-year growth, and operating profit growth of 132% on an existing-business basis. The full-year plan was upwardly revised to revenue of ¥66.0 billion and operating profit of ¥5.45 billion, while the annual dividend is expected to be ¥51.
The core of the growth strategy is to expand from 18 to 50 business areas, while broadening the fields covered by professional talent and pursuing business succession and M&A. Approximately 300 business succession engagements came in over six months, and a pool of approximately 100 executives has been built, primarily from listed companies.
The company assumes a shareholder return level based on a payout ratio of approximately 30% of net income and indicated that it plans to review its dividend policy in line with the upward revision.