The declining population and labor force due to the declining birthrate and aging population can be said to be a major social issue, causing a slowdown or decline in Japan's economic growth and a decline in social security and services due to a decline in tax revenue.
Our vision is to "become the infrastructure of the recruitment market" = "eliminate the labor supply-demand gap in 2030."
We have achieved a CAGR of approximately 30% since our founding, and we believe that our continued growth will be one of the forces that will help eliminate the labor supply-demand gap by 2030.
Aiming for further growth, TSUNAGU GROUP HOLDINGS Inc. will accelerate its growth strategy by strengthening sales capabilities, improving profitability through ongoing revenue structure reforms, securing growth capital, and developing new businesses.
In the most recent fiscal year ending September 2023, we achieved record highs in sales, operating income, and ordinary income, and were able to realize a V-shaped recovery from the coronavirus pandemic. We plan to achieve double-digit growth in the fiscal year ending September 2024, exceeding the growth in September 2023.
From the fiscal year ending September 2023, we changed our financial KPI from indicators that emphasize safety, such as the equity ratio, to ROIC, and exceeded our initial target of over 10%. In the future, we will further increase NOPAT and make our invested capital more compact, thereby increasing our ability to generate profits.
The human resources industry is susceptible to economic fluctuations, so by lowering the fixed cost ratio we lower the break-even point in sales, and by reorganizing our business portfolio we continuously reduce risk.
Additionally, we have decided to strengthen ESG and sustainability from the fiscal year ending September 2024. We will disclose our priority themes and initiatives in a timely manner.
As for the shareholder composition, the composition ratio has changed significantly from 75% to 62%, and we will conduct IR activities in a more detailed and careful manner through dialogue and communication with shareholders.
Please look forward to our work as we aim to solve the social issue of the labor supply-demand gap.
TSUNAGU GROUP HOLDINGS Inc.
Representative Director and President and Executive Officer
Mitsuhiro Yoneda