We would like to sincerely thank our shareholders and investors for their continued support and patronage.
With the management philosophy of "Always be a company contributing to society by offering financial services," JIA Group is striving to enhance its corporate value, focusing on its four main businesses (Operating Lease Business, Renewable Energy Business, Real Estate Business, and Private Equity Investment Business).
In 2024, we posted a record-high profit, and our performance exceeded the forecast for the first fiscal year of the Three-year Business Plan considerably. The demand for lease from airline companies, which recovered after the subsiding of the COVID-19 pandemic, and the demand for Japanese operating lease products of small and medium-sized enterprises around Japan are strong, contributing to the overall performance of the JIA Group. On the other hand, we worked on the development of a foundation for the real estate fractional ownership business as one of growth strategies in the Three-year Business Plan.
The year 2025 is the second year of the Three-year Business Plan and an important year in which we need to put our growth strategies on track to make a huge leap forward in 2026. We engage in the following three priority strategies. (1) Diversification of the Operating Lease Business (2) Expansion of the Real Estate Business (3) Enrichment of the Business Portfolio Through these efforts, we aim to improve customer satisfaction level and increase corporate value as a general financial solution provider.
Lastly, we would like to express our heartfelt thanks to you, as many shareholders cooperated in our capital increase scheme called "rights offering," so equity capital increased by around 10.3 billion yen and it became possible to execute our strategies actively in 2024. Considering the favorable performance in 2024, we decided to revise our dividend policy since 2025. The previous dividend policy was aimed at a payout ratio of 20%, but from now on, we will aim to achieve a payout ratio of 50% or higher. In order to meet the expectations of shareholders and investors, we will make efforts to improve our corporate value. We would appreciate your continued support and guidance.