We would like to express our sincere gratitude to all our stakeholders for their continued support.
Based on our corporate philosophy of "Supporting individuals and companies that take on challenges and share inspirational experiences with the stakeholders to create a better world" and corporate slogan "Stride With Challengers", Striders Group has been developing corporate activities centered around its core investment and real estate businesses.
In fiscal year 59 (ending in March 2023), amidst the impact of the COVID-19 pandemic and the escalation of the Russia-Ukraine conflict, which led to soaring energy and resource prices, our company has focused on strengthening its management foundation and making efforts towards improving existing operations, exploring new business opportunities, and formulating a medium-term management plan. Despite a slight decrease in sales revenue, our operating profit amounted to 143 million yen (compared to an operating loss of 33 million yen in the same period last year), and our ordinary profit increased by 13.0% to 232 million yen. The dividend remained unchanged at 5 yen per share.
We consider fiscal year 60 (ending in March 2024) to be a year of significant change for our company. Firstly, following the reclassification of COVID-19 as a level 5 infectious disease in May 2023, we concluded the provision of the Narita Gateway Hotel as a lodging and recuperation facility, and resumed hotel operations on June 1st. We believe that the successful operation of the lodging and recuperation facility for approximately three years since April 2020 was made possible by the understanding and cooperation of many individuals, including the local community. In this fiscal year, we will implement various measures, particularly targeting the acquisition of inbound customers, considering the impact of the weaker yen. We will also explore opportunities such as attracting foreign investments and engaging in joint investments with overseas companies and investors. Furthermore, we actively consider mergers and acquisitions, business alliances, and business succession cases that contribute to the expansion of our core businesses—real estate, hotel, and investment—to create new added value.
Additionally, in March 2023, we established a basic sustainability policy and have communicated both internally and externally our commitment to conducting business with consideration for both society and the economy from a sustainability perspective. Our aim is to achieve growth and contribute to profit redistribution.
We appreciate your continued support.
President & CEO