Looking ahead, the Avex Group will also work to further improve its corporate value by reinforcing its growth strategy.ĪVEX INC. Steps taken to implement Group-wide reforms. Started the "a-nation" nationwide circuit live music event JULIANA'S TOKYO dance compilation album became a major hit "avex rave '93" dance event that for one night only turned the Tokyo Dome into a disco
May 2016 saw the announcement of the "avex group growth strategy 2020-towards an innovative future of entertainment" with Providing people with excitement through entertainment.Īlthough there was a phase during which growth leveled off, the Avex Group was able to sustain its ever-increasing growth by the im- plementation of structural reforms heralded as its Second Takeoff. Since its foundation in 1988, the Avex Group has been considering changes in its business environment as opportunities and has been Listed on the First Section of the Tokyo Stock ExchangeĬurrent logo (corporate identity) adopted Started music production and established the record label, "avex trax"
October 2004 Shifted to a holding company system October 1998 Began trading on the OTC market (currently JASDAQ) October 1997 Established an in-house music package distribution company Net Income Attributable to Owners of the Parent Turning to the fiscal year under review, the annual dividend was ¥50 per share. The Avex Group has identified payout ratio and minimum dividend pay- ment targets of at least 35% and ¥50 per share, respectively. Looking ahead, the Avex Group will continue to strengthen its finan- cial base.
Despite this downturn, the shareholders' equity ratio remains stable, exceeding 40%. This largely reflected the downturn in earnings. The operating income margin and ROE declined in the fiscal year ended March 31, 2017. However, operating income decreased mainly due to the weak perfor- mance of some video distribution services. Net sales growth was primarily driven by increases in video package and related business sales in the Video Business as well as rises in live performance-related revenues in the Management & Live Business. towards an innovative future of entertainmentĭirectors and Audit & Supervisory Board MembersĪvex snapshot (Fiscal years ended March 31) Be brave and embrace the unexpected.Ħ Special Feature: Progress Report on avex group growth strategy 2020
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