Three years have passed since COVID-19 was first discovered. We have received many kind words of encouragement from our customers, business partners, and shareholders, and this has inspired us very much. I would like to take this time to express my sincere gratitude to you all.
For this fiscal year (ending October 2023), the HIS Group has formulated a new HIS Group Purpose, which we are calling “Unleash your excitement.” We created this slogan after facing the most severe predicament since the company was founded: COVID-19. Seeking to realize sustainable growth into the future, we are going back to our roots and reaffirming the value we provide, ensuring that the idea is shared throughout our group of companies, and using this as a guiding “North Star” as we align our path in a way that we continue to expand and develop the company into the future.
The HIS Group was founded in 1980 as a business selling discounted airline tickets. We popularized overseas travel, which was overpriced in Japan at the time, offering them at mainstream prices. This allowed us to provide exciting experiences to a wider demographic of people, such as encounters with the unknown and connections with new people. We currently operate a range of businesses that revolve around travel, these being hotel business, regional revitalization business, theme park business, and insurance business, among others.
Going forward, we intend to deepen our travel segment and travel-related operations while diversifying our business by exploring non-travel ventures as we set our management on a stable path, ultimately realizing the growth of the HIS Group as a whole. Specifically, in the travel business, we are continuing to shore up our efforts in the overseas travel segment, while also entering the domestic travel and inbound travel segments in earnest, two areas in which we have traditionally been latecomers in relation to other firms. In the non-travel segment, we are taking on new challenges in growth areas such as business partnerships with companies in different industries and BPO outsourcing.
Through these diverse business ventures, we want to widely share the HIS Group Purpose with our 12,000 employees establishing it as a cornerstone in our corporate culture and aim to improve our corporate value over the long term so that we can truly “Unleash your excitement” for our broad base of stakeholders, society, and the regions in which we operate.
We are striving to come together as a company and restore business performance so that the HIS Group continues to evolve and grow after overcoming the adversity of the COVID-19 pandemic.
We look forward to your continued support and receiving your encouragement going forward.