The Hibino Group is addressing its mid-term business plan, "Vision 2025," which covers the four-year period from the fiscal year ended March 31, 2023 to the fiscal year ending March 31, 2026, as a milestone in realizing the Group vision, "For a Global Hibino."
For details, please refer to the following documents.
We will establish a management structure enabling sustainable growth through the implementation of two growth strategies, "honeycomb-type management" and "innovation".
We will establish sound management through a virtuous cycle of reason profit, financial stability, and improvement of human capital.
By having numerous revenue-generating businesses within the Group, we will build a business structure that is resilient to changes in the external environment. We will also use M&A in our efforts to take on challenges in new areas, expand our business domain, and form an aggregate of businesses with number one technologies and one-of-a-kind business models, while creating synergies through inter-business collaboration.
We have established and are promoting a system for proposing new ideas for all Group employees. We aim to reflect diverse opinions in management and generate innovation in products, services and processes. We will also collaborate actively with outside companies, research institutions, and government agencies (open innovation).
We will set a minimum target for ordinary profit per capita common to all sectors and aim to improve profitability in each sector, while demonstrating the Group's overall strength by strengthening our one-stop solution function and organizational optimization. In addition, we will steadily receive and fulfill orders for special demand projects related to Expo 2025, media-related projects, and urban redevelopment projects.
We are positioning "noise control measures" and "virtual production" as strategic business fields, and will develop these fields while taking on the challenge of creating new products. We will also enhance e-commerce for expanding our B to C business. As for global expansion, we will establish a four-base global structure (Japan, Asia, North America, and Europe) through overseas M&A, with the goal of achieving an overseas sales ratio of 30%.
Under business DX, each sector will work on digital innovation to upgrade existing businesses and create new businesses. Through business process DX, we will pursue Group-wide optimization based on a grand design while improving back-office efficiency and strengthening customer relationships.
We have established four sustainability materialities, and will promote initiatives that contribute to the achievement of the SDGs. We are contributing to the development of music culture, visual culture and entertainment, and the realization of a safe and secure society through the provision of value related to sound and images. We will develop human resources who will grow with the company and contribute to a sustainable society, while creating a work environment where each and every employee can work in good health and with peace of mind. We will also contribute to the realization of a decarbonized society through waste reduction, labor saving, and other efforts.
(Millions of yen)
| Mid-term Business Plan "Vision 2025" | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Year ended March 2022 (Results) |
Year ending March 2023 | Year ending March 2024 | Year ending March 2025 | Year ending March 2026 (Plan) |
Comparison between year ended March 2022 and final year of plan | ||||||
| (Plan) | (Results) | (Plan) | (Results) | (Plan) | (Forecast) | ||||||
| Net sales | 42,426 | 43,000 | 41,922 | 50,000 | 50,491 | 62,000 | 56,000 | 75,000 | +32,573(+76.8%) | ||
| Sales and Installation Business | 17,912 | 20,750 | 20,124 | 23,000 | 25,123 | 27,000 | 28,400 | 32,000 | +14,087(+78.6%) | ||
| Architectural Acoustics Installation Business | 9,669 | 9,100 | 7,963 | 9,700 | 9,267 | 10,500 | 10,700 | 11,500 | +1,830(+18.9%) | ||
| Concert and Event Services Business | 14,844 | 13,150 | 13,835 | 14,800 | 16,099 | 16,500 | 16,900 | 19,500 | +4,655(+31.4%) | ||
| New businesses | - | 0 | 0 | 2,500 | 0 | 8,000 | - | 12,000 | +12,000(-%) | ||
| Overseas sales ratio | 12.3% | 15.0% | 15.7% | 18.0% | 14.6% | 24.0% | 24.0% | 30.0% | +17.7% | ||
| Operating profit | 1,339 | 1,050 | 1,229 | 2,000 | 2,814 | 3,200 | 3,200 | 4,500 | +3,160(+235.8%) | ||
| Operating profit margin | 3.2% | 2.4% | 2.9% | 4.0% | 5.6% | 5.2% | 5.7% | 6.0% | +2.8% | ||
| Ordinary profit | 1,921 | 1,200 | 1,400 | 2,000 | 2,951 | 3,200 | 3,000 | 4,500 | +2,578(+134.2%) | ||
| Ordinary profit margin | 4.5% | 2.8% | 3.3% | 4.0% | 5.8% | 5.2% | 5.4% | 6.0% | +1.5% | ||
| Profit attributable to owners of parent | 1,074 | 750 | 607 | 1,200 | 1,627 | 1,900 | 1,750 | 2,700 | +1,625(+151.3%) | ||
| Equity ratio | 27.9% | - | 24.7% | - | 25.5% | - | - | 30% or more, target of 40% | - | ||
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