Japan Exchange Group, Inc. - Special Call Transcript
Good morning, ladies and gentlemen. I am Kiyota of Japan Exchange Group. I would like to give explanation regarding our third midterm management plan today. Please refer to Page 3 of the material entitled, Third Midterm Management Plan.
First of all, allow me to review the ongoing second midterm management plan. Under this midterm management plan, we try to diversify business portfolio, therefore, we have been trying to expand areas, which are not directly relating to market business, therefore, we aim to transform into an entity not heavily reliant on financial market conditions in Japan, that was a very big theme. In a sense, we were helped by a rally due to economics in the last year of the second midterm business plan. This year, we expect to achieve our net income target.
So against this backdrop, we have been expanding so-called peripheral business like our index, information service, co-location. These businesses have steadily expanded, and also our business target of transforming
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