We aim to become a “comprehensive life industry” player in close contact with local communities.
Toshihide Ogura, President and Representative Director
Mie Kotsu Group Holdings, Inc.
I would like to express my thanks for the outstanding support that the Mie Kotsu Group’s business receives.
As the pure holding company that oversees the Mie Kotsu Group, the Company plans and implements the Group’s basic strategies while also promoting and supporting the business activities of each company and business in the Group. With the Mie Kotsu brand power and reliability as the foundation, the four different business areas of transportation, real estate, distribution, and leisure services collaborate and complement each other to build a structure that is able to respond to risks. In this way, the Company is aiming for becoming a “comprehensive life industry” player that achieves sustainable growth in close contact with local communities. Also, the Company believes that key to a corporate group’s survival is continuing to be useful to customers and local communities and earning their trust. Because of this, the Company will continue to deliver safety, peace of mind, reliability, and comfortable services.
Fiscal year 2018 is the final year of the three-year Mid-term Management Plan that began in fiscal year 2016. The Company has been working to strengthen and expand its revenue base and improve its financial position, and has been actively developing its business. As a result, ordinary profit exceeded the ¥7.0 billion mark for the first time, setting a record high for the third consecutive fiscal year. Profit attributable to owners of parent was ¥4.5 billion, which was the seventh fiscal year running that we posted a record high.
Going forward, the Mie Kotsu Group aims to be a corporate group that achieves sustainable growth and continues to advance. In May of this year, we established a new four-year Mid-term Management Plan “Keep on Going in Reiwa ,”* beginning in fiscal year 2019. Based on five key policies of “deliver safety, peace of mind, reliability, and comfortable services,” “cultivate and create areas of growth,” “make efforts toward sustainable stable operations,” “build a business model according to changes in the market,” and “effectively use ICT (information and communications technology) , AI, and other technologies,” we will implement priority measures and plan to achieve operating revenues of ¥115.0 billion, ordinary profit of ¥8.0 billion, and profit attributable to owners of parent of ¥5.3 billion in fiscal year 2023, which is the final year of the plan. As we adapt to changes in the environment, we will continue to contribute to local communities and develop our business using the combined strength of the entire Group.
We ask for everyone’s continued support and cooperation.
* Reiwa is the era of Japan that began on May 1, 2019.