Allow me to express my sincere gratitude to our shareholders and investors for your continued support.
TechnoPro Holdings conducted an IPO on the First Section of the Tokyo Stock Exchange on December 15, 2014. In the six-and-a-half years since that time, we have built a solid position and foundation as Japan’s largest technology-focused solution service, owing much to the patronage of our clients and the support of our shareholders. Once again, allow me to express my heartfelt gratitude to you all.
I have been given the helm after our previous leader, Mr. Nishio, and I lead the group as we launched our new medium-term management plan starting from this fiscal year. I am committed to doing everything in my power to help us achieve our five-year plan, which focuses on our purpose and vision.
We have no plans to change our strategy, which has emphasized sustainable growth and value creation. Nor do we intend to change our basic policies regarding capital and financial strategies.
Basic Policy on Capital and Financial Strategies
- (1)Maintain a dividend payout ratio of 50% or higher
- (2)Achieve a return on equity (ROE) of 20% or higher
- (3)Achieve sustainable growth in earnings per share (EPS)
- (4)Maintain a debt/equity ratio (D/E) of less than 1
- (5)Conduct management with an awareness of cost of capital, targeting return on invested capital (ROIC) and other disciplined measures
Beyond striving for thorough compliance with corporate ethics, our code of conduct for executives and employees, and laws and regulations, we endeavor to enhance corporate value by raising the level of our governance structure. To this end, we are pursuing a higher level of governance framework and building an enterprise risk management (ERM) system to support sound risk-taking, even as we pursue business with a greater awareness of the environment and human capital. Our efforts in this area are based on the recent revisions to the Corporate Governance Code and the reorganization of the Tokyo Stock Exchange markets.
As previously announced, we conducted a stock split on July 1, 2021 . Our aim here is to increase the liquidity of our stock, while encouraging more investment. We hope this split leads to an opportunity to gain a deeper understanding and wider support among shareholders and investors.
The TechnoPro Group will continue to take on the challenge of solving problems for our clients and society through optimal technology services and solutions, aiming for growth and answering the expectations of our shareholders.
I ask for your continued support and guidance.
President, Representative Director and CEO