In the previous fiscal term (13th period ending Jan 2010), we sold some subsidiaries leading to decreased consolidated sales, but we were able post a net profit over the previous fiscal year despite severe economic conditions.
In the previous fiscal term, we focused on three main themes.
The first theme was "Concentrating on the groupware business" where we promoted choice and concentration in our domain identity.
Restructuring of business operations has been effective, so we are able to build a framework to concentrate on the groupware business.
For the current term, we will pursue further growth with this new framework.
Our second theme was "Making our domestic groupware business even more unassailable." We accelerated investments in groupware business, and we put a lot of effort into cloud related services.
In August 2009, we released "Garoon SaaS" from Cybozu Research Institute, which has already received an order from a large enterprise company.
October 2009 saw the release of our cloud service "Kantan SaaS" for Small and Medium Businesses,
and in November 2009 we released the free groupware "Cybozu Live" targeting the "Second Group" outside of the company.
As outlined above, we have been increasing cloud related services.
Our joint cooperation with Microsoft Corporation, announced in September 2009, is proceeding in its approach to develop new markets.
The third theme was "Research for overseas expansion". We surveyed many countries and worked on internationalizing groupware.
In April 2009, we release the trilingual workflow system "Cybozu ApprovalFlow".
In August 2009, "Cybozu Benko System", the ASP service provided by Cybozu IT Shanghai Inc, responded with an English user interface.
More internationalized products are scheduled for release in the current term.
We name the current term as the "Age of Exploration", and will release more products and services.
In order to achieve our next tremendous growth, we are investing aggressively in new products.
We greatly appreciate your continued support and guidance.