To Our Shareholders
Our growth and progress is a never-ending process.
We wish to express our gratitude to all our shareholders for your continuing support.
The medical / elderly care industry, in which the Group operates, in the midst of major changes that go beyond the traditional framework, such as promotion of regional medical concept and cooperation between medical care and elderly care, and the utilization of IT including online medical care. With the outbreak of the COVID-19, it is necessary to take stricter measures against the infectious disease, and at the same time, the management of medical institutions is being squeezed by suppression of consultations and decrease of the number of operations. In order to achieve sustainable growth in such an extremely harsh environment, it is necessary to be proactive and continue to provide "trendy" products and services that firmly grasp customer needs.
In the current fiscal year, the Group is approaching the final year of the medium-term management plan "SHIP VISION 2020," which we started in FY2018. The plan aims to achieve consolidated sales of 500 billion yen and operating income of 21 billion yen, as well as strengthening and expanding the management base for the next growth. In order to strengthen the management base, we recognize that it is important not only to improve the management system such as governance and compliance, but also to share the SHIP philosophy again and bring together the power of all officers and employees under it. In addition, in order to show what we should be as a "Your Company" that always thinks and acts from the standpoint of the other party, we will do our utmost to support all of medical professionals, including people who are at the forefront of measures against new COVID-19. In August 2020, we formulated the "SHIP HEALTHCARE Group Supporting Symbol for medical professionals" to express our determination with full support to all medical professionals.
Under this symbol, the Group will strive to increase the value of the Group and achieve the goals of the medium-term management plan by practicing "Creating environment for medical professionals" in a turbulent business environment.
We appreciate our shareholders for their continued support and encouragement.
SHIP HEALTHCARE Group Supporting Symbol for medical professionals
The Group have formulated the " SHIP HEALTHCARE Group Supporting Symbol for medical professionals" that expresses our gratitude to all the medical professionals who are engaged in various medical activities, including medical professionals who are fighting against COVID-19 every day, and to show our determination to support and empathize them. In the future, under this symbol, we will do our utmost to support everyone who has supported the Group and will use it as necessary in the public relations and advertising activities of SHIP HEALTHCARE Group.
[Plus] form represents our will to be close to all medical professionals,
[Heart] form represents our gratitude to all medical professionals,
[ ! ] form represents our strong will to support all medical professionals
The original symbol that combines them expresses SHIP HEALTHCARE Group’s will
to support medical professionals at any time, and is a mark that
visually conveys gratitude to all medical professionals.
Aiming to complete the medium-term management plan "SHIP VISION 2020"
Business performance < Profit exceeds planned figures under Corona crisis>
In the first half of the current fiscal year, the medical and elderly care industry, to which the Group belongs, continues to be in a very difficult situation due to various restrictions by the spread of COVID-19. Under these circumstances, in each of the Group's businesses, Lifecare (LC) business continued to maintain a high occupancy rate, and Dispensing Pharmacy (PH) business also performed steadily as the restraint on consultations eased from the latter part of the first half. In addition, in Total Pack Produce (TPP) business, the projects are recorded as planned while the opportunities of projects tend to be weighted in the second half as the business tendency. In Medical Supply (MSP) business as well, despite the suppression of consultations and decrease in the number of operations during Corona crisis, we strived for a stable supply and recorded relatively steady performance. As a result, although sales were 8.0% below the plan, operating income increased 13.5% and net income attributable to owners of the parent increased 17.8% from the plan. We will continue to do our utmost to achieve the targets of the medium-term management plan, such as acquiring the projects related to measures against COVID-19.
Building a resilient company against change <Proactive business development and pursuit of essence>
The Group has adapted to various changes of environment in its growth so far. Due to the spread of the infection of COVID-19, lifestyles up to now have been forced to change, and various mechanisms of whole society have changed significantly. In order to respond to this turbulent change, the Group is also strengthening its management base by improving the IT environment for the entire group and securing various financing method. Since the business domain of the Group is healthcare, we are working to identify various needs in "infectious disease control" that society faces and to resolve those issues. We have been developing new project that reads the changes, not just the conventional proposal, such as new lineups of low-concentration ozone generator "Airness" which we’ve been proposed from before, private brand products such as surgical mask "SHIP mask" and air conditioning maintenance in hospitals. We see this change as an opportunity and will actively take on new challenges.
However, even with such a big change, the importance of "essence" does not change. We reconfirm the group philosophy "SHIP Philosophy" and the group mission "Creating environment for medical professionals" as a whole Group, and we will complete the solution of social issues through our core business by pursuing the essence even in this changing environment.
Progress of medium-term management plan “SHIP VISION 2020” <Strengthen competitiveness and respond to the needs of the times>
While working to further strengthen the core business in the medium-term management plan, the next-generation logistics base "Osaka Solution Center", which is being promoted in MSP business, is scheduled to start full-scale operation in June 2021, and the competitiveness of this business will be strengthened with this business. In addition, in TPP business, while promoting the response to the regional medical concept, we are also working to strengthen the IT field and expanding our production capacity in line with the needs of the times. Regarding overseas projects, construction was suspended in the hospital management project in Bangladesh due to the influence of the pandemic, but construction resumed in August and preparations are underway for the opening around next spring. In addition, the Myanmar business remained relatively strong. In the operation of the Osaka Heavy Ion Therapy Center, which is the core of the Healthcare Service business, we are striving to solidify our earnings base through activities to disseminate treatment. As a new initiative, we launched the Japanese-made surgical mask "SHIP mask", which passed medical standard and is domestic production of manufacturing machines and raw materials as a PB product. Also we expanded the lineup of low-concentration ozone generator "Airness", and we have been developing new markets through these initiatives. The Group is making every effort to implement both long-term strategies and measures that link the results of the current fiscal year.