Concept of New Mid-term Plan

Beyond now to the NEXT

Our mission

Creating chances for
individuals to take next step.

  1. Drive the growth of IT field in the Engineering segment
  2. Concepts of Engineers
    • Challenge to new technologies
    • reate opportunities in diversity
    and work-style changes
  3. Enhance engineers value
  4. Improve shareholder value

Reasons for Update of
Mid-term Plan

Our previous Mid-term Plan

growth strategy aim to achieve a higher growth rate and to establish a better profit structure model than competitors in order to promptly gain a superior position in the market.


succeeded in expansion and
development of our business portfolio

This Mid-term Plan

Against the backdrop of current global economic uncertainty and political instability, our new Mid-term Plan not only aims to achieve the growth rate but also focuses on a sustainable growth strategy based on the current business portfolio.

Strategies and Policies by Business Segment

* UK industrial sector: Staffing market catering for manufacturing and logistics (light work at warehouses) in such industries as machinery, transport equipment and consumer products. The sector accounts for 17% of the total staffing market in UK (Approx. 4 trillion yen) .
** Market size in China: Estimated market size of Japanese-style staffing with which a staffing company employs dispatched workers as its own employee.

New Mid-term Plan
(starting from FY2020)

  1. Achieve EBITDA* of 10 billion yen in FY 2022
    (CAGR: about 15%)
  2. Drive the growth of mainstay Engineering segment and achieve a YoY double-digit growth in net sales and EBITDA.
    (Double-digit growth of sales and EBITDA)
  3. Sustainable increase in shareholder valu
    (In addition to conventional dividend payouts, consider stock buy-backs aiming to grow EPS)

* EBITDA: Operating profit + goodwill amortization + depreciation cost + temporary buyout expenses (Same as EDITDA in presentations of our financial results)

1EBITDA reaching ¥10 billion in FY2022

* EBITDA: Operating profit + goodwill amortization + depreciation cost + temporary buyout expenses

EBITDA target

For each business segment, aim to improve profitability by 1 point.

For Overseas segment, aim to strengthen EBITDA by increasing net sales by 5% (in local currencies).

2Further growth of the core Engineering field

Expansion of Engineering segment

Image of business portfolio

Our strength and achievements

Successful business development through M&A in four years of the previous medium-term plan led to expanding IT software domain.

Incorporate engineers’ growth and training cycles into business model.

Enhancement of M&A and
Business Tie-up

Take over growth strategy of the previous
Mid-term Plan
  • Focus on M&A in Engineering segment
    By introducing know-hows such as engineers’ recruitment and matching at an early phase, it is possible to proceed to an organic growth phase after M&A.
  • Through business tie-ups and investment, expand business in growing areas of new technologies or new industries with growing demand for engineers. Be involved in open innovations for next generations, including HR Tech and other technologies designed to help engineers to get hired and upgrade their skills.
  • Based on good financial positions, raise a credit line from financial institutions. Use it to pay back interest bearing debts and increase funding flexibility.


M&As enable us to achieve
the Mid-term Plan
targets ahead of time.

Branding

The company name was changed* in January 2020 when a holding company system was adopted.*

* After approved by the Shareholders’ General Meeting to be held on September 2019.

Rename the brand to “BeNEXT” which expresses future-oriented mindset.

Raise the brand awareness among both job-seeking engineers and prospective job seekers and thus increase recruiting and utilization rates.

Targeting engineers from those with little work experience to those seasoned, aim to be a business group willing to move up to the “NEXT” level.