Message from CEO to shareholders and investors
Choosing Work by Yourself and True to Yourself
“Work and Smile” for All by 2030
Aiming to solve all social issues related to "working"
In the fiscal year ended March 2024, which is the first year of Mid-term Management Plan 2026 announced May 2023, revenue was 1,327.1 billion yen, adjusted EBITDA was 72.2 billion yen, and operating profit was 52.0 billion yen. The mainstay temporary staffing business continued to grow steadily, while the placement business posted results exceeding levels a year earlier due to strong demand for personnel from client companies. As a result of the above performance, in line with our policy of attaching importance to returns to shareholders, the annual dividend per share for the fiscal year ended March 2024 was 8.6 yen, representing a doubling of the dividend payout ratio from around 25% under the previous mid-term management plan to around 50% under the current plan as well as the highest dividend we have ever paid. Because the Company implemented a 10-for-1 split of its common stock, effective October 1, 2023, values for the amount of dividend per share, including values for past fiscal years, were converted by assuming that stock split has been implemented.
For the fiscal year ending March 2025, we forecast revenue of 1,455.0 billion yen , operating profit of 56.0 billion yen, and adjusted EBITDA of 76.0 billion yen, and we forecast a dividend per share of 9.0 yen. We aim to resolve all social issues related to "working" and by helping more companies and more workers, the entire PERSOL Group will continue to work together to achieve further growth in the future to ensure we can increase shareholder returns as well.
Major Changes with Rising Centenarian Population, the COVID Pandemic,
and Work and Employment Styles
It has been some time since centenarians have become commonplace in Japan and the labor force has seen a decrease; this has been the context behind the major changes occurring faster than previously anticipated with employment in Japan, in the use of human resources, and in organizational management. The introduction of specified employment is a typical example of this. Up to this point, general employment has been common, where employees are trained based on the assumption of working at one company until they retire. However, with the collapse of the lifetime employment system, a decline in international competitive edge, and the need to improve labor productivity per capita, many companies have started to rethink the way they employ people and use human resources.
The pandemic has also accelerated changes to not only our lives, but also the structure of industry, the labor market, and the way we work. Accompanying the use of new technologies, the promotion of a digital transformation, and a shift to a remote work system, other challenges are also simultaneously manifesting in the form of how to adequately clarify the results and evaluation of individuals.
To Achieve our Vision “Work, and Smile”,
We are also Working to Achieve the SDGs through our Business
The PERSOL Group has formulated a vision for 2030 as aiming for a world where everyone can “Work, and Smile”. We have created a Value Creation Story for the world we wish to achieve by 2030. We have defined our commitment to a society in transformation, and will further polish the sources of value creation we have cultivated up to now, and link these sources to the growth of our business.
Moreover, based on the PERSOL Group’s corporate philosophy of Providing Opportunity, Individual Growth, and Social Contribution, we will work with a variety of stakeholders to proactively tackle social issues with the aim of achieving a sustainable society.
We have selected five achievable goals from among the Sustainable Development Goals (SDGs) formulated by the United Nations as the issues we prioritize our focus on through our business. Through continuing to provide work and educational opportunities regardless of nationality, gender, age, or disability, we will assist in the development of human resources and create employment to help contribute to achieving the SDGs.
Focusing on Working Individuals,
Providing Them with Awareness and Opportunities for Work,
and Supporting Them in Choosing Work by Themselves
As individual workstyles grow in diversity, so individual lifestyles are also changing. In these changing times, the PERSOL Group will focus on the working individual based on the idea that “working life is a journey of growth and creation”.
For all people to lead a better life, we believe that it is important for them to be given more options to choose from in their work. We not only provide working individuals with awareness, opportunities for work, and professional options, but we also give encouragement from time to time to support their efforts at taking on new challenges. We provide individuals with an environment that lets them feel fulfilled and responsible for their work, since they are the ones that decide the work they do rather than receiving orders or being forced to by others. This is the type of society the PERSOL Group aims for, and this is the new value we will create.
The PERSOL Group pledges to stick by individuals, companies, organizations and our community to support their growth, so that we can make a world where everyone can “Work, and Smile”.
