Corporate Information and Investor Relations

President's message | From the president to investors

Takahisa Nojima

I would like to express my sincere gratitude for your ongoing support of the PC DEPOT Group. Please find below a summary of our business results for the first half of the fiscal year ending March 31, 2021

We hereby report the 27th Financial Results for the first half of the fiscal year (from April 1, 2020 to September 30, 2020).

The financial results for the first half of the fiscal year ending March 2021 was under severe circumstances where the Japanese economy was subject to downward pressure due to the spread of COVID-19 infections and the associated issuance of the declaration of a state of emergency situation. The future of the economic activities remains still unclear even after the alleviation of restrictions in June. Regarding the sales of computers in Japan, there has been an increasing demand for internet devices, peripheral devices, telecommunication line maintenance, and support for how to use them due to recommendations to prevent the spread of infections that people telework and learn online from home, and that people interact using the internet. Meanwhile, the prohibition on going outdoors has influenced purchases of non-urgent products and replacements, especially the replacement of smartphones, which resulted in a decrease in the volume of sales.

Under these circumstances, our Group aims for a vision of "the elimination of the digital divide" and a mission involving "the appointment of a digital consultant for each home." A personalized staff system has been developed in which the staff provides one-stop support for all "digital life" such as sales, repairs, and internet as a digital consultant for each home. The personalized staff promotes digital life consulting, which provides demand creation based on "systematic proposal for the future digital life of premium members." The staff also has made efforts every day for the proposal and the improvement of its technique toward future "digital life" even under a situation such as the COVID-19 pandemic.

As a result, in the first half of the fiscal year on a consolidated basis, our Group posted sales of 19,266 million yen (a 0.0% year-on-year increase), operating income of 1,730 million yen (a 25.7% year-on-year increase), ordinary income of 1,768 million yen (a 23.6% year-on-year increase), and quarterly net income attributable to parent company's shareholders of 1,204 million yen (a 23.7% year-on-year increase).

The outlook for the full-year consolidated financial results was corrected on November 12 in consideration of the financial results trends for the second quarter and other available information and estimates. In the second half of the fiscal year, our Group will make active and full-fledged efforts for remodeling and advertisement and will advance the preparation for business expansion in the next term: (1) expansion of shops/areas and development of new-type shops; (2) development of new services and expansion of advertisement; and (3) expansion of recruiting and training. Based on the above, our Group will make active efforts for collaboration with other companies.

Our Group's CSR basic policy is to "eliminate through our shops the disparity (digital divides) in an information society arising from differences in age, gender, income, education, and residential areas." Based on these ideals, the Company recognizes the following as critical elements for business expansion and a means for business continuation: (1) business based on management strategy is exactly productive for the creation of long-term value; (2) the Company keeps contributing actively and continuously to local communities, including stakeholders; and (3) the Company recognizes the meaning and mission of social entities and continues to be a human-centered organization.

We believe that digital consultants are not appointed at three of four homes in Japan. Under the situations where digitization has been advancing due to accelerated changes in social structure, our aim is that having a digital consultant appointed for each home will be helpful regarding what kind of device to buy, how to use internet services, and how to review contract services and save on charges for the services as well as in providing services to customers as "a digital consultant for each family" for the long term.

We will design sustainable management which enables us to be a company with "significance as sustainable social entities and ethical values and morals" that are in common with all stakeholders and to make future plans. We will contribute to the support and creation of digital infrastructures for customer's life in local areas as "a digital consultant for each family."

Look to, Design, and Build the Future