For the purpose of attracting potential customers,
we implemented various measures in FY 4/2022 and FY 4/2023.
・Helped produce terrestrial television programs under the theme of fortune-telling.
・Enhanced the media exposure of fortune-tellers belonging to the fortune-telling talent agency of our corporate group. ・Launched and nurtured multiple new services related to fortune-telling, including Uranai Academy.
・Continuously held the fortune-telling festival twice a year.
Saw a certain level of outcomes, but pushed
through management rationalization in 4Q, based on judgment from a multifaceted viewpoint.
・Our know-how for promotion and service operation, which has been accumulated through the above activities, will be utilized for business execution from now on.
・Abolished the services for which we considered it is difficult to increase revenues, reshuffled the personnel, and so on.
・Changed our dividend policy, in order to clarify our attitude for returning profit to shareholders.
such as Uranai Academy, fortune-telling festivals, and WORDS.
Discontinued some services, including the services that did not grow as expected and loss-making services. (*No significant impact on the fortune-telling content, which is the mainstay)
Soliciting voluntary retirement
Started soliciting voluntary retirement on March 31, 2023. In response, 40 employees, mainly those engaged in money-losing services, applied for it, and retired on April 30, 2023.
Transferred the shares of the fortune-telling talent agency as a subsidiary.
Transferred the shares of Luck Out Co., Ltd. to the joint venture partner.
Transferred the business of "cuna select," an EC site for baby goods.
Transferred this business, which is included in the Other Business Segment, to another company.
We changed our dividend policy, to pay dividends stably.
On April 21, 2023, we disclosed the revision to our dividend policy. We plan to pay dividends continuously and stably.
The new dividend policy is to "set the lower limit of dividend on equity ratio (DOE) at 2.0% and pay dividends with consolidated payout ratio being 50% or higher."
For FY 4/2024, we plan to pay a term-end dividend of 10 yen/share.
Thanks to cost reduction, we are expected to move into the black in the year ending April 2024.
The earnings forecast for the next year ending April 2024 calls for sales of 4,000 million yen and an operating income of 250 million yen.
Shift to a robust organizational structure through management rationalization.
With the aim of getting back on a growth track, we will formulate a new mid/long-term business plan.
For FY 4/2023, we plan to pay a term-end dividend of 10 yen/share.
ZAPPALLAS Inc. published this content on 17 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 June 2023 10:25:34 UTC.
ZAPPALLAS, INC. is a Japan-based company mainly engaged in the provision of content services. The Company has two business segments. The Mobile Services segment is engaged in the planning, production, development and operation of divination and other digital content through mobile devices, the provision of telephone divination and divination related services, and other mobile-related services, as well as the operation of media sites. The Overseas segment is engaged in the operation of divination sites in the United States, as well as the sale of advertisings and content to users. The Company is also engaged in the application service provider (ASP) business for corporates, the planning of virtual reality (VR) content, the operation of online shopping sites, as well as the travel business.
ZAPPALLAS, INC. 
