I would like to express my sincere gratitude to our shareholders for their continued support.
During the period under review, the business environment was highly fluid and uncertain, with the Bank of Japan lifting its negative interest rate policy for the first time in approximately 17 years, significant price fluctuations in foreign exchange rates, and rising prices. HighestThe Group achieved record-high sales and operating income for the eighth consecutive fiscal year* since the business integration in 2017.
In the BtoC business (Content Distribution), we were able to continue to generate synergies in content and promotions following the integration of Paravi, as well as significantly strengthen the sports genre, including the acquisition of exclusive distribution rights for the Premier League in Japan. The number of users has grown to approximately 4.4 million and continues to grow strongly toward our goal of becoming the No. 1 subscription-based video distribution service in Japan.
In the BtoB business (Store Services, Business Systems, Communications, and Energy), the rapid development of inbound travel and other factors are causing a serious labor shortage in restaurants, retail stores, and hotels nationwide.In response, demand for our DX solutions, which support labor-saving and labor-saving measures, has been increasing and the number of contracts has grown steadily. In addition, in Business Systems, there was demand for the replacement of automatic teller machines due to the issuance of new banknotes.
In April 2024, we changed our company name to “U-NEXT HOLDINGS” and adopted a new corporate slogan “NEXT for U” and focused on branding activities such as TV commercials. We will continue to evolve into a corporate group that is trusted and expected by more and more people, and will realize the improvement of our corporate value.We will continue to evolve into a corporate group that is trusted and expected by more and more people, and to enhance corporate value.
We look forward to your continued support for USEN & U-NEXT GROUP.
*8-month financial results for the fiscal year ended March 31, 2018, converted to 12-month financial results.Translated with DeepL.com (free version)