Message

Since our establishment in 1988, as an “IT company that demonstrates the best technology and quality,” the CRESCO Group has forged a path as an independent system integrator (SIer) that supports both corporate business and social infrastructure by focusing on software development. We have steadily proceeded step by step, while staying true to “growth,” which is the origin of the Company’s name. This is entirely because of all of your support and strong encouragement. We would like to express our sincere thanks.

In FY2023, with the end of the COVID-19 pandemic, “DX promotion” in pursuit of the creation of frameworks using cloud and digital technologies stood out, making it a robust year for IT demand from companies of all sizes. Meanwhile, the rapid progress in generative AI also led to large changes in the SIer business.
FY2024 is in the middle of “times of change,” with large changes in the domestic and overseas business environment. It will be a new age that the entire industry aims to create new businesses and services and to enhance profitability through sustainable growth and the further evolution of digital businesses and generative AI.

Based on abundant experience and technological capabilities, group synergies, affiliates and partnerships in Japan and overseas, and joint research and development with outside companies and research institutions, the CRESCO Group has been developing the IT services business and digital solutions business.
In these times of change in the management environment, which also represent times of opportunity, we are rolling out proactive measures aimed at enhancing corporate value. These measures include creating new synergies through bold restructuring of the CRESCO GROUP, and strengthening our digital solutions business with a focus on areas that are anticipated to find wide application across various customer segments in the future: “AI (artificial intelligence),” “security,” and “data analytics.” Furthermore, we are deepening partnerships with our customers at a strategic level and transitioning toward co-creation models.

Based on the “CRESCO Group Ambition 2030” through which the CRESCO Group aims to create competitive advantages for customers through IT and technology and to drive social evolution as a digital value creating company, we will start the Medium-Term Management Plan 2026 in FY2024, through which we will continue to strive to become a company with net sales of 100.0 billion yen in 2030. The Medium-Term Management Plan 2026 follows the Medium-Term Management Plan 2023.

Under the Medium-Term Management Plan 2023, we implemented a wide range of policies on the theme of our core businesses (IT services business and digital solutions business) growth, building a strong management platform to support that growth, and transitions in our business structure.
Under the Medium-Term Management Plan 2026, by evolving into a strategic partner that realizes the growth of our client companies, we aim to pursue continuous growth. Our performance targets for FY2026 are consolidated net sales of 70.0 billion yen, consolidated operating profit of 8.0 billion yen, and a consolidated operating profit ratio of 11.5%. Furthermore, we reviewed the shareholder returns, and the dividend payout ratio has been changed from the equivalent of 30% to 40% from FY2024.

The CRESCO Group will strive to become a leading company in the industry, both in name and reality, by staying ahead of the times.

We believe that our corporate mission is to GROW so that we can make our greatest possible contribution to people’s happiness around the world, make our workers proud and happy to work here, and demonstrate our abilities to the utmost. As part of these efforts, we are proactively pursuing ESG (environment, social, governance) initiatives.

E (environment) :
In terms of decarbonization, we are working to reduce commuting time and energy use by promoting telework, promoting the transition to paperless operations, and moving systems owned by the CRESCO Group to the cloud.

S (social) :
We are promoting diversity and inclusion (D&I) including active roles for women, and working to create a rewarding work environment. We also see IT human resource education throughout society as part of our mission and actively support social initiatives to develop human resources including sponsoring the “National Programming Competition for Elementary School Students (Contest Name: 全国選抜小学生プログラミング大会),” having our employees give talks at universities, and sending lecturers to IT-related groups.

G (governance) :
In addition to diversity including demographics such as gender in the composition of the Board of Directors, we are disclosing a skill matrix focused on the balance of diversity in experience and expertise.

As a key theme in the Medium-Term Management Plan 2026, we form “contributing to the realization of our customers’ strategies.”
We believe strongly that by executing and promoting proposals beneficial to our customers, the CRESCO Group will establish itself as an irreplaceable strategic partner for our customers. In doing so, we aim to build a circulatory business model that leverages the insights gained to contribute to the growth of the industry and society as a whole. We believe that this will significantly contribute to sustainable growth and the enhancement of corporate value.

The CRESCO Group wants to create a richer, more exciting future of “beyond” that exceeds the imagination of people around the world. In order to realize a “feeling of excitement” and growth for our customers, we are pursuing “the needs of society (changes with high priority),” which include those of our customers, and “the best technologies,” and are carrying out our business activities.

FY2024 will likely be a year in which our “strength of adaptation” is tested amid a rapidly changing business environment that includes global risks, yen depreciation, the end of negative interest rates, higher stock prices, inflation, and rising wages. It also marks the start of the Medium-Term Management Plan 2026 for the CRESCO Group. With a view to Japan and the entire world, we will work to realize joy and an “exciting future” for all stakeholders by providing high value to customers and by contributing to society through IT.

We look forward to your continued support in the future.

Apr 1, 2024
Hiroyuki Nemoto, Chairman & CEO
Hiroshi Tominaga, President