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June 6 , 2005
Business Operations for Fiscal Year Ended March 31, 2005
This year marks the third year of our management reform plan. Thanks to the success of various measures, the Group has achieved a net income of approximately 300 million yen on a consolidated basis, greatly exceeding our initial projections.
Behind the many factors contributing to improvements in the Group is the heightened level of teamwork spurred on by the management reform plan, one result of which is a positive operating income figure for the Digital Media Business. Although other companiesf portal sites also performed well, specialized Internet media that is clearly focused on usersf needs, like our gimpress Watchh, rates highly among clients, leading to strong advertising sales.
In addition, while intensifying our levels of specialization we have also advanced into new fields. With Medical Tribune, Inc. - added to the Group at the end of the last fiscal year - we have expanded into the medical science field. Since the importance of specialized medical science media in medical science is increasing as a result of technological innovations in the industry and social developments such as the easing of regulations, we have great expectations for the future role of Medical Tribune, Inc. within the Impress Group, as it builds a firm position for itself through issuing publications related to medical science.
Due to factors including the results of the mergers and acquisitions mentioned above, we anticipate consolidated business performance for the end of March 2006 to reflect increased revenues and increased profits. We will also endeavor to be able to pay dividends at the same time. We would appreciate your continued guidance and support.
Keiichiro Tsukamoto, President/CEO
Impress Holdings, Inc.
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