President's Message

Expect to see great things from New Art Holdings, as we continue to pursue greater revenue and earnings through innovative creativity.
Thank you for your continued support of New Art Holdings from day to day. My name is Yukio Shiraishi, and I have been appointed as Chairman and President.

Firstly, I would like to report our business results for our 25th fiscal year.

In the year ended March 31, 2019 (FY2018), our Bridal Jewelry business performed even more strongly than expected. This has enabled us to achieve the numerical targets of the medium-term management plan that we formulated last year (for the three years FY2018–2020) two years ahead of schedule.

With regard to our consolidated business results for FY2018, in addition to our mainstay Bridal Jewelry business performing strongly, we also recorded an increase in painting transactions in our Art business, which enabled us to set a new record high for net sales for a fourth successive year. Net sales increased 22.8% year-on-year to 17,585 million yen. In terms of profit, in addition to an increase in sales in our Bridal Jewelry business, our Full-Body Beauty business turned profitable. This enabled us to achieve major increases in both sales and profit, posting record high figures for both operating profit and ordinary profit. Operating profit increased 210.2% year-on-year to 2,526 million yen, while ordinary profit increased 229.3% to 2,388 million yen. Profit attributable to owners of parent increased by 872.8% year-on-year to 916 million yen, as a result of posting extraordinary losses of 708 million yen.

With regard to consolidated business results for the year ending March 31, 2020 (FY2019), in addition to maintaining steady performance at existing Japanese stores in our mainstay Bridal Jewelry business, we will also seek to drive the growth of the entire Group through active development of our overseas presence, while at the same working to improve the profit margin for our Full-Body Beauty business. In the Art business, we will launch new business operations in collaboration with partner companies. As a result of these efforts, we once again hope to set new records for both sales and profit. We expect to post net sales of 18.4 billion yen, operating profit of 2.7 billion yen, ordinary profit of 2.7 billion yen, and profit attributable to owners of parent of 1.7 billion yen.

On October 1, 2019, New Art Holdings plans to carry out a 1-20 reverse stock split. By adjusting the investment units of our shares to an appropriate level, we will work to create conditions that make it easy for ordinary investors to invest in our Group.

As one aspect of our efforts to return earnings to our shareholders, in May 2019, we resolved to acquire treasury stock up to a maximum limit of one billion yen.
In terms of year-end dividend payouts for our 25th fiscal year (FY2018), since business results greatly exceed initial expectations, we increased the dividend per share by 0.7 yen, and paid out dividends of 1.0 yen per share.

Our year-end dividend payout forecast for the year ending March 31, 2020 (FY2019) is 20 yen per share (taking the effect of the reverse stock split into account, where the dividend payout amount per share prior to the split is 1 yen per share). Since this would not be possible without the support of our shareholders, I would like to take this opportunity to communicate my gratitude to all of you.
We hope to enjoy your further continued support and guidance in the future. Thank you.
June 27, 2019
New Art Holdings Co., Ltd.
Yukio Shiraishi, Chairman & President