Toward our 60th Anniversary
We will promote investment in growth and investment in our people
I would like to begin by expressing my sincere gratitude for your continued support and understanding for the TV TOKYO Group.
As the economy continues to recover from the COVID-19 pandemic, life appears to be gradually returning to normal for people around town. However, in addition to the unstable international situation, including U.S.-China relations and the situation in Ukraine, factors of uncertainty still continue in the economy, such as soaring resources prices and rising interest rates.
Under these circumstances, in FY2022, the TV Tokyo Group’s consolidated net sales, operating profit, ordinary profit, and net profit all reached their highest levels ever recorded.
We had planned to issue a year-end dividend of 45 yen per share for the year ended March 31, 2023, but instead, we have decided to increase that by 20 yen to 65 yen per share. As a result, the annual dividend, including the commemorative dividend, will be 80 yen per share. We are also striving to improve capital efficiency through efforts such as the acquisition of treasury shares.
I would like to express my sincere appreciation to our shareholders, business partners, the people who consume the Group’s content, and all of our other stakeholders associated with the Company.
Our tribrid strategy, which positions the anime and streaming business as a growth engine and takes advantage of the synergetic effect generated with the broadcasting business, has been a success. We will now go one step further and accelerate the strategy by establishing a company-wide Content Promotion Council. Regarding the new 20.0 billion-yen growth investment category that we set up in FY2022, in the anime and streaming area, we invested in a video streaming service company in Vietnam, and we are also working to expand our business domains by making new investments in areas such as e-commerce, Web3, and NFT.
In April 2023, TV TOKYO established a New Business Development Division. This new office will bring together all manner of insights and potential from within the company in its aim to build our next revenue pillars after broadcasting, streaming, and anime.
A major theme for FY2023 is the expansion of “investment in people.” As our diverse people engage in their work autonomously with a sense of reward and pride, their personal growth will lead to great advances by the Group. We will enhance our training of new-career hires and reskilling in-house to increase employee engagement, while striving to reinforce our brand strength as a highly distinctive content group.
We are fast approaching the 60th anniversary of the station in FY2024. The TV TOKYO Group will step up the progress of its reforms of the revenue structure and make further efforts to enhance corporate value. I thank you for your continued understanding and support.
Ichiro Ishikawa
