COO Message

Greeting

I would like to express my gratitude to all our shareholders for their great support.

Under our Group Vision that "Happinet Group contributes to making people happy," we will continue to develop a business that responds to the needs of ever more people through the entertainment business and delivers "dreams."
We will make efforts to foresee changes in the environment, make maximum use of our business base, advance daily with our mid- and long-term future in mind, and continue to grow and develop the Group.
With the rapidly changing business environment, I feel that it is an urgent task to demonstrate more flexibility and mobility in management capabilities than ever before .
We will further strengthen our management structure and promote efforts to maximize the corporate value of the Happinet Group.

Medium- to Long-term management strategy

The Group has formulated its Long-term Vision and 9th Medium-term Management Plan for the three years from fiscal 2022.

The long-term vision is what we should aim for 10 years, "A creative company delivering exciting experiences from Happinet to the world by unlocking entertainment potential".
We unlock entertainment potential to bring a wide range of delights to people, creating dreams for a better future. In this way, we will deliver from Happinet to the world new entertainment styles—ways of enjoyment and lifestyles—that transcend the boundaries between different industries and distribution channels.
Under the 9th Medium-Term Management Plan, we will work for creative growth driven by two core engines—the entertainment business (service and content creation) and the platform business (service and content delivery).
We will generate synergies to increase our business value by leveraging our strength in intermediate distribution while further strengthening our creative functions.
We also have designated these as the shared values for the realization of our medium- to long-term vision and defined them as Creation,Challenge and Capability.
By practicing these three values, we will realize our vision as a creative company delivering exciting experiences from Happinet to the world.

• Mid-term Management Plan




About Shareholder Return

We will continue to strive to further enhance our presence in the market while maintaining stability to maximize our corporate value.

We consider the profit status of each business year and future business development in a comprehensive and medium to long term manner, and actively invest in areas with high future potential and profitability, such as business alliances and development investment for new businesses. We intend to enhance our retained earnings and distribute appropriate dividends in order to establish a stronger management base.
Specifically, we are maintaining stable annual dividend payments of ¥50 per share, and targets the consolidated dividend payout ratio at a level of 40%.
Going forward, we will expand our broad business portfolio and continue to strive to further enhance our presence in the market while maintaining stability to maximize our corporate value.

I sincerely ask our shareholders for their continued support and encouragement in the future.

• Devidends