We are very grateful to all our shareholders and investors for their special support and high appreciation.
First of all, I would like to express my heartfelt impressions to those affected by the recent coronavirus disease (COVID-19), as well as to their families. I would also like to take this opportunity to express my deep appreciation to everyone who makes every effort to prevent the spread of the disease.
Based on this understanding, we are taking a positive view of the changes in the public’s entertainment and leisure needs during and after the COVID-19 pandemic, and will restructure our business domains into two major pillars, the PS (Pachinko and pachislot) business and IP (Intellectual Property) business, under our corporate philosophy of “The Greatest Leisure for All People.” In addition, we are constructing a new medium-term business strategy that will promote “building a foundation for a stable PS business in a mature market” and “shifting to an IP company.”
In the PS business, we will conduct a fundamental review of our activity processes, from merchandise planning and development to marketing promotions, sales and maintenance, in line with future environmental changes. By converting this process into a digital transformation (DX), we will efficiently secure earnings even in mature markets and build a business foundation that can achieve sustainable growth.
In IP business, we will continue to focus on fostering the two companies of Tsuburaya Productions Co., Ltd. (hereinafter, “TPC”) and Digital Frontier Inc. as global IP companies based on our medium-term business strategy. In particular, TPC has been “developing and franchising large-scale new IP,”“shifting to digital domains,” and “expanding overseas, mainly in China, other Asian countries, and North America” in accordance with its medium-term business strategy (from 2018).
We are focused on developing TPC’s IP, which are in demand worldwide and have considerable growth potential, through the implementation of new business models, and by expanding and horizontally deploying the knowledge and mechanisms gained from these new models, we are looking to shift the Group to an IP company.
Through these initiatives, we will continue to achieve sustainable growth for the Group as a whole.
Based on our corporate philosophy of “The Greatest Leisure for All People,” we will continue to create outstanding entertainment that inspires and excites the world, and aim to be a company that contributes to the well-being of society as a whole. I would like to ask for your continued support and encouragement as the entire Group strives to meet your expectations.
Hidetoshi Yamamoto, Chairman, President and Group CEO
(The 33rd Annual General Meeting of Shareholders)