Message From the President

For over 50 years, since our company’s founding in 1972, we have supplied regional financial institutions, local governments, regional department stores, and other regional customers with optimized solutions that meet modern needs. As a result, we have captured an overwhelming market share.

In recent years, we have been faced with a high degree of uncertainty, marked by rising energy costs, soaring prices, semiconductor shortages, the devaluation of the yen, and international conflicts. FY2023 was no exception. For us, it was the final year of NEXT STAGE 2023, our 3rd Medium-Term Management Plan, and hence was an important year in terms of establishing closure. Despite falling marginally short of the Plan’s net sales targets, we were able to reach our operating income target, which was one of the Plan’s key targets, ahead of schedule. Furthermore, we achieved our ROE and ROIC targets, which were indicators of efficiency, from the very first fiscal year of the Plan, and were able to maintain both at high levels throughout the Plan period. Steady progress was made on reinforcing our management base, enhancing our profitability, and advancing our ESG management, which were the Plan’s basic policies. Among these, with respect to human resource development, which is one aspect of reinforcing our management base, efforts are being made not only to invigorate recruitment of new graduates and mid-careers, but also to stimulate greater awareness of and interest in our company and our industry, which may potentially aid our future recruitment efforts.

Our current healthy performance is supported by our solid customer base, which extends nationwide and is one of the company’s strengths. Rather than targeting a single type of customer, we target a variety of customers including regional financial institutions, regional distribution companies, and local governments, and develop systems that incorporate their input and interconnect them, in the form of a single base package. This package approach ensures consistent quality and ease of maintenance. Furthermore, our products are easy to extend laterally to all industries, which makes them highly competitive and is a contributing factor for the increase in revenue.

We have now launched ‘FLY ON 2026’, our 4th Medium-Term Management Plan, whose final year is FY2025. This new Plan embodies our aims of taking our existing businesses to the next level and achieving dramatic growth through new businesses. Based on the previous Plan’s basic policies of reinforcing our management base, enhancing our profitability, and advancing our ESG management, we will take on the new challenges involved in achieving these targets for the next three years as we work toward realizing ‘HIGH FIVE 2033’, our vision for FY2033.

To continuously build infrastructure that enables people across the country to live with peace of mind, and to become a company that generates regional economic circulation and revitalizes regional communities – that is our goal. We will collaborate with customers in all 47 of Japan’s prefectures to consistently create new value, while doing our very utmost to create quality time for people and put priceless smiles on their faces.

President and Representative Director
Tsunenori Sato