RENAISSANCE,INCORPORATED (2378) Stock Price

Renaissance operates primarily in the sports club management business. The company works in partnership with Sports Oasis Co., Ltd., Beach Town Co., Ltd., and Renaissance Vietnam Inc. to operate fitness clubs, swimming facilities, tennis schools, golf schools, and other sports club businesses.

Renaissance's business segment is "Sports Club Operations." The company also operates health promotion programs for local communities and municipalities, health promotion programs for corporations and health insurance associations, care-related businesses, home fitness services, and outdoor fitness businesses.

The company operates 285 sports clubs and related facilities nationwide. Specifically, Renaissance directly operates 108 facilities, manages 63 facilities under contract, provides operational support for 4 facilities, Sports Oasis directly operates 32 facilities, manages 13 facilities under contract, and Renaissance Vietnam Inc. directly operates 2 facilities.

Additionally, the company operates 47 care and rehabilitation facilities (37 directly operated, 10 franchised) and 14 outdoor fitness facilities (5 directly operated, 9 managed under contract). Through this diverse portfolio, Renaissance provides services that meet varied customer needs.

Renaissance is developing a medium-term management plan for 2024 through 2027 to strengthen its position as a leading company in the fitness industry. Through its sports club business and health-related services, the company aims to address social issues while achieving both corporate growth and social value creation.

As part of its growth strategy, Renaissance targets revenue of 75 billion yen by fiscal year 2027. The company also aims to increase operating profit to 5.5 billion yen and improve the operating profit margin to 7.3%. These targets are designed to raise ROE to 12.0% and ROIC to 7.7%.

On non-financial metrics, the company prioritizes contributing to customers' sense of purpose and well-being. Specifically, it seeks to increase the number of people participating in society through health-based initiatives and improve customer satisfaction. The company also plans to achieve medium- to long-term growth through diverse talent development, while increasing the ratio of female managers and promoting employee wellness programs.

In its sports club business, Renaissance will review facility investments and membership fees based on market conditions at each location to improve profitability. At former Oasis facilities, the company will expand membership and enhance quality through corporate member recruitment and junior swimming school programs.

In the business-to-government sector, Renaissance will advance product development and service delivery systems to increase contracts for school swimming classes and preventive care programs. In the business-to-business sector, the company will strengthen collaboration with corporate health initiatives to expand corporate membership.

In care and medical-related businesses, the company will improve profitability at existing facilities while strengthening solution proposals for other care providers and developing new business models. In the home fitness business, Renaissance will focus on product development for seniors and establish effective sales and marketing methods.