KNT-CT Holdings Revises Mid-Term Management Plan

KNT-CT Holdings Revises Mid-Term Management Plan

KNT-CT Holdings has revised its mid-term management plan and established a new plan for the fiscal years 2024 to 2026.

Under the theme of “Recovering Trust and Pursuing Sustainable Growth through Unified Group Management,” the company aims to recover from the credibility loss caused by overcharging for COVID-19 vaccination operations, expand businesses through regional co-creation, and increase inbound tourism.

Through town hall meetings, the company focuses on communication reforms within the company and enhancing the human skills of the employees with the help of the Corporate Academy. Kinki Nippon Tourist and Club Tourism will join forces to expand regional co-creation and inbound tourism projects. The individual travel business will shift to an integrated operation centered on Club Tourism, promoting the optimization of a common group system, membership integration, channel and product composition, and the planning and supply system of products.

Through these initiatives, the company aims to increase its final profit to 7.5 billion yen in fiscal 2024, 8 billion yen in 2026, and ultimately 9 billion yen in the long term, while maintaining an equity ratio of approximately 25%, aiming for an early redemption of class shares and reinstatement of common stock dividends.

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