Turning encounters into innovation.
Business Platform to Challenge the World
It is my honor to announce that Sansan, Inc., founded in 2007 and now in its 13th fiscal year, listed its shares on the Tokyo Stock Exchange Mothers market (securities code: 4443), June 19th, 2019. I would like to express my sincere gratitude to everyone for their support.
Adopting a mission of “turning encounters into innovation,” we have operated a business centered on comprehensive business card management since our founding, playing the leading role in that market. Today, with operations extending beyond just business card management, we provide a variety of solutions making up a business platform that solves issues faced by businesses and business professionals. The reason for this development is our strong desire, through our services, to evolve the way business is done and how encounters between people happen, whilst contributing in such areas as the creation of new business opportunities going forward, rather than just from one aspect such as enhancing productivity.
Looking back from the time of our founding to the present day, there have been two major phases in the evolution of our company.
During the first phase, from 2007 to 2012, we procured funding of approximately \70 million. That seems like a small amount when looked at from the height of the Software as a Service (SaaS) business today. However, taking into account the conditions and market environment of the time, we used that capital to operate the company and expand our operations while being conscious of profit levels. During the second phase, from 2013 to 2018, we procured total funding of over \10 billion as we seized upon changes in the environment around the SaaS business in a timely manner. During this phase, we strengthened advertising activities with a focus on TV commercials and carried out prior investment in areas such as hiring as we pursued sales growth.
As a result of these efforts, we have achieved an average annual sales growth rate of over 50% since our founding, and expanded sales to \10.206 billion in fiscal 2018, the year ended May 2019. In addition, we anticipate year-on-year sales growth of 35.4% for fiscal 2019. I believe that we have been able to make uninterrupted progress as a result of adopting a target of always “realizing dynamic growth” and tackling company management and business operations with an unwavering determination.
Going forward, it will be necessary to continuously create new phases. The services we provide possess a great many of the necessary conditions to become a solid business platform, and we will advance a variety of initiatives as a “an unmatched, innovative business platform.” By adding inorganic growth to the strong organic growth we have achieved to this point, we will accelerate the overall growth of our business, thereby maximizing both shareholder value and corporate value.
We look forward to the further support and encouragement of shareholders and investors as we move forward. Thank you.
Chief Executive Officer
July 12, 2019