Medium-term Qualitative Goals

     
 

The Bell-Park Group has established medium-term qualitative goals for the purpose of achieving sustained long-term growth by meeting the expectations of customers, shareholders, employees, business partners and all other stakeholders.

We are reinforcing our commitment to fostering a distinctive Bell-Park corporate culture. Our goal is to grow by building on success and learning from failure as we continue to be guided by the Bell-Park Group core value of “We strongly believe in our ability, potential and the possibilities of the future.” The Bell-Park Group has a strong commitment to accomplishing the medium-term qualitative goals by focusing on human resource development and the creation of new and innovative services.

 


(1) Continue the steady growth of the information and communication device sales and service business.
     
 

We are taking many actions in order to maintain our outstanding reputation among customers and communication carriers. We will upgrade the consulting skills of shop staff, operate shops more efficiently, remodel shops to make them more appealing, and move shops to locations able to generate more customer traffic.

To increase the number of shops while maintaining strong profitability, just as in the past our policy is to use acquisitions at a cost that enables the proper recovery of investments as well as to add shops ourselves.



(2) Extend the business portfolio to new fields.
     
 

Acquire businesses in fields where Bell-Park can use human resource training, shop operation and other knowledge gained from current businesses activities; develop IoT products and services by using a new business development team and other businesses.

 


(3) Maintain a consolidated dividend payout ratio of at least 30%.
 
 


Fundamental policy regarding dividends for year ended December 2020
The Bell-Park Group
positions the distribution of earnings to shareholders as one of its highest priorities and plans to increase the consolidated dividend payout ratio in stages to 30% for the dividend applicable to 2020.

  2018 results 2019 results 2020 forecast
 Consolidated dividend payout ratio  21.2% 25.1% 30% 
 
 
 
 
 


Fundamental policy regarding dividends from Year ended December 2021
Continued from Year ended December 2020, the Bell-Park Group positions the distribution of earnings to shareholders as one of its highest priorities and plans to maintain a consolidated dividend payout ratio of at least 30% in 2021 and afterward.

  Since 2021 forecast
 Consolidated dividend payout ratio 30% or more
 
 
 
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