President's Message

To be an Optimized Trading Company for the creation of Sustainable Society

We would like to thank you for your continued understanding and support of our company.

On August 14, 2024, we announced our financial results for the fiscal year ended June 30, 2024.

During the fiscal year ended in June 2024, regarding personal consumption, it initially showed a gradual recovery to pre-COVID levels as the economy normalized. However, the surge in raw material and energy prices, along with persistent yen depreciation leading to rising prices, has resulted in a negative real wage situation where wage growth has not kept up with inflation. As a result, consumption is currently stagnating. Additionally, the prolonged Russia-Ukraine war, heightened tensions in the Middle East, the slowdown of China's economic growth, and the impact of global financial tightening on interest rates and exchange rates continue to create a high level of uncertainty in the global economy due to emerging geopolitical risks.

Consumers in Japan have an even stronger desire than before to economize and seek low prices because of rapid inflation, but this is not the only defining characteristic of consumer spending. Purchasing activity by consumers in Japan is becoming more diverse as the range of ways people spend their money expands in order to reflect the different values and preferences of consumers. These trends are most pronounced with regard to purchases made using the internet. In this social environment, activities of the MarketEnterprise Group are guided by the “optimized trading company” vision that reflects the growing diversity of consumption behavior and the increasing interest in smart consumption and has the goal of giving everyone the best options for purchasing products and services. Another goal is to use business operations to play a role in the creation of the circular economy, an economic activity aimed at the realization of SDGs, which has become a global trend in recent years.

We are currently implementing a medium-term management plan covering the three-year period ending in June 2026. In the current fiscal year, which is the first year of this plan, investments continued for building a sound medium-term base for earnings. We also made efforts for sales growth and becoming more profitable.

As a result, net sales were 19,008 million yen. Operating profit was 298 million yen, and ordinary profit was 40 million yen. On the other hand, loss attributable to owners of parent was 476 million yen due to an extraordinary loss for impairment.

We will continue to strive to achieve our goals of 23 billion yen in net sales and 0.7 billion yen in operating profit for FY2024.

Our vision is “To be an Optimized Trading Company for the creation of Sustainable Society”. To realize this vision, we have developed numerous services in accordance with the changing times and social background over the 17 years since we established. On the other hand, we have recently entered an era in which sustainability is strongly demanded in society, the economy, and corporate activities, with the concepts of SDGs and circular economy spreading as a matter of course around the world. In addition, especially in Japan, we are at a major social and economic turning point, including demographic and environmental issues.

We see the situation facing that tipping point as an opportunity. As an "Optimized trading company" that plays a part in the "creation of Sustainable Society. We will achieve growth to meet the expectations of our various stakeholders.

We look forward to your continued support.

September 2024
President and CEO
KOBAYASHI Yasushi