We would like to thank all of our stakeholders for their understanding and support during the course of our business development During the fiscal year 2005, the effective job offers-to-applicants ratio improved to 1.00, its highest level in 13 years, on the back of strong demand for workers by Japanese corporations. Consequently we were also able to record strong increases in earnings with our sales rising by 64.6% year-over-year to \11,491 million and ordinary income by 69.7% year-over-year to \3,826 million. Furthermore we have been able to record five consecutive years of growth in both sales and profits in each year since our founding. The Japanese job advertising market is estimated be worth \650 billion, with the Internet portion of the market accounting for 18.5% of this total. And because the shift from print media to the Internet for job advertisements is accelerating, industry projections call for the Internet to account for 75% of the total job advertising market by the year 2010. As the industry’s number one Internet job advertising company, we are in an extremely strong position to capitalize on this dramatic shift in advertising channels. Against this backdrop we are confident we can attain our intermediate-term business plan target of \10 billion in ordinary income from our core Internet advertising business by 2008 or 2009. During 2006, we will expand both our earnings base and our operating territory on the support of our heavily fortified staff. Both our management and our employees remain committed to maintaining a highly profitable business structure while we take aggressive steps to expand our business realm. Therefore we ask for your continued support and understanding in our future business endeavors. |
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