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InnoVe HD Research Memo (9): Strengthening Shareholder Returns.
■ Innovation Holdings <3484> Growth Strategy 3. Shareholder Return Strategy Regarding shareholder returns, the dividend policy will be changed from the fiscal year ending March 2024, with a payout ratio set at 40% to 50% for both the fiscal years ending March 2024 and March 2025. Additionally, it is planned to continuously increase dividends in line with profit growth. Based on this policy, the dividend financial estimates for the fiscal year ending March 2025 are projected to be an increase of 1.0 yen from the previous period to 21.0 yen (paid in a lump sum at year-end). This will mark the fourth consecutive increase in dividends, with an estimated payout ratio of 42.3%.
Innovate HD Research Memo (8): Promoting the accumulation of sublease properties by enhancing sales capabilities.
■ Innovation Holdings <3484>'s growth strategy 1. Medium-term management plan The company aims to establish a sales system in its store leasing business as a sales strategy by enhancing its sales force through three initiatives: "increasing sales personnel," "optimizing the organization," and "Mainland Education." In "increasing sales personnel," a quantitative enhancement targets the hiring of 24 sales staff annually, with the aim of achieving a scale of 100 sales personnel by the fiscal year ending March 2026 (as of September 30, 2024, the number of sales personnel is 54.
Innovative HD Research Memo (7): The full-year profit forecast for the fiscal year ending March 2025 has been significantly revised upward, projecting substantial profit growth.
■The Outlook for Innovation Holdings <3484> ● Overview of the Financial Estimates for the Fiscal Year Ending March 2025: The consolidated financial estimates for the fiscal year ending March 2025 have been revised as of November 13, 2024, projecting revenue to increase by 16.8% compared to the previous year to 16,657 million yen, operating profit to increase by 26.1% to 1,228 million yen, ordinary profit to increase by 23.6% to 1,250 million yen, and net income attributable to shareholders of the parent company to increase by 24.9% to 832 million yen. The previous estimates (May 2024...
InnoHD Research Memo (6): For the cumulative second quarter of the fiscal year ending March 2025 (interim period), a significant increase in profits beyond plan is expected.
■Innovation Holdings <3484> Performance Trends 1. Overview of Consolidated Financial Results for the Second Quarter of the Fiscal Year Ending March 2025 The consolidated financial results for the cumulative second quarter (interim period) of the fiscal year ending March 2025 showed revenue increased by 16.8% year-on-year to 8,288 million yen, operating profit increased by 30.1% to 684 million yen, ordinary profit increased by 24.9% to 698 million yen, and quarterly (interim) net profit attributable to the parent company's shareholders increased by 23.2% to 469 million yen. The previous Financial Estimates (May 2024)
Innovation HD Research Memo (2): Pioneer of the restaurant subletting Business.
■Company Overview 1. Company Overview Innovation Holdings <3484> was formerly Tempo Innovation, which transitioned to a holding company structure through a company split on October 1, 2024, and changed its name. The management philosophy is "Contribution Creation - Challenge and Evolution," and the vision is "Change the customary practices of subleasing and create the standard for commercial properties." It operates a subleasing business for restaurant properties, A-REIT ETF sales, and a rent guarantee business. Comprehensive services for dining establishments.
Innovative HD Research Memo (1): Transitioning to a holding company structure effective October 1, 2024, with a change of trade name.
■Summary: Innovation Holdings <3484> transitioned to a holding company structure by company split on October 1, 2024, changing its name from Tempo Innovation Co., Ltd. The management philosophy is "Contribution Creation ~ Challenge and Evolution ~" and it develops a store subleasing business that involves leasing vacant restaurants, a real estate sales business, and a rent guarantee business. It is a comprehensive professional group for dining establishments and a pioneer in the dining restaurant subleasing business. 1. Store subleasing
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