Medium-term Qualitative Goals

The Bell-Park Group has established medium-term qualitative goals for the purpose of achieving sustained long-term growth by meeting the expectations of customers, shareholders, employees, business partners and all other stakeholders.

We are reinforcing our commitment to fostering a distinctive Bell-Park corporate culture. Our goal is to grow by building on success and learning from failure as we continue to be guided by the Bell-Park Group core value of “We strongly believe in our ability, potential and the possibilities of the future.” The Bell-Park Group has a strong commitment to accomplishing the medium-term qualitative goals by focusing on human resource development and the creation of new and innovative services.

(1) Continue the steady growth of the carrier shop business

• Enlarge the network by making investments that reflect the outlook for market conditions for carrier shops
• Increase earnings by adding advanced and innovative products and services that reflect changes in the needs and preferences of consumers
• Use the digital transformation to operate shops more efficiently

(2) Continue the growth of the corporate solutions business to establish a well-balanced business portfolio

• Recruit and train more corporate sales personnel who can assist companies with the use of digital technologies
• Step up sales activities to add new customers, such as by increasing the number of sales offices, adding more partners for sales activities, and strengthening web marketing activities
• Use M&A and alliances for earnings growth
• Add products and services for earnings growth

(3) Maintain a consolidated dividend payout ratio of at least 30%