It is my sincere hope that this message finds you prospering and in good health.
In fiscal 2016, ended March 31, 2016, we were able to report financial results that exceeded our initial expectations thanks to the impressive performance of the Digital Entertainment segment. I would thus like to take this opportunity to extend my thanks for your constant support.
Looking at the global economy, an air of prudence began to spread among developed countries in reaction to the economic slowdown seen in emerging countries. Uncertainty was prevalent in the domestic economy as well, due to the residual effects of overseas economic conditions and the impacts of large-scale earthquakes and the strong yen. Accordingly, there is currently a need for financial measures to stimulate demand in Japan and prevent economic recession.
Business opportunities are increasing in the entertainment market, which serves as a main target for the Konami Group’s business operations. These opportunities arise from trends such as the continuing global spread of smartphones and tablets as well as progress in the development of virtual reality (VR), artificial intelligence (AI), and other new technologies.
In addition, as health awareness rises, particularly among senior citizens, stakeholder anticipations for the Group’s contributions in the health and fitness market are expected to grow even greater.
Through its transition to a pure holding company structure, the Konami Group is constantly endeavoring to build frameworks that enable all operating companies to respond accurately to market needs and changes among the users they serve, thereby facilitating flexible business development. These frameworks should also allow these companies to fulfill their social responsibilities.
The Konami Group remains committed to pursuing even higher levels of corporate value as a competitive conglomerate. On behalf of the Konami Group, I ask you for your continued support and encouragement.
Representative Director, President