Hibino Corporation【JP:2469】Stock Price

Hibino Corporation is primarily engaged in the sales and installation of audio and video equipment, the design and construction of architectural acoustics, and the provision of sound and large-scale video services for concerts and events. The company operates through 26 consolidated subsidiaries.

Hibino's business segments are divided into sales and installation services, architectural acoustics construction, concert and event services, and other operations. The sales and installation segment handles the sale of professional audio, video, lighting, and control equipment, as well as system design, installation, and maintenance services. The company also develops, manufactures, and sells LED displays.

In the architectural acoustics construction segment, subsidiaries such as Nihon Acoustic Engineering Corporation provide design and construction services for architectural acoustics and noise control. The company also offers acoustic product development, manufacturing, and sales, along with consulting services related to sound and vibration.

The concert and event services segment, led by subsidiaries such as Hibino Media Technical Corporation, plans, rents, and operates sound and video systems for concerts and events. The company also handles event planning and management, as well as personnel dispatch services for audio and video-related positions.

As other operations, Offix Corporation handles the sales of office furniture and the design and construction of office spaces. Through these diverse offerings, Hibino provides comprehensive services to meet a wide range of customer needs.

Hibino Corporation is guided by the management philosophy of "Creation and Innovation," with the purpose of creating emotional experiences worldwide through sound and video. The company aims for sustainable growth and long-term improvement in corporate value based on the "Hibino Group Philosophy System," which comprises four elements: management philosophy, purpose, vision, and values.

The company's medium-term management plan "Vision 2025" covers the four-year period from 2023 to 2026 and aims to build a management structure that enables sustainable growth. Specifically, the plan positions "honeycomb-style management" and "innovation" as pillars of growth strategy while establishing sound business operations.

As a growth strategy, the company is advancing honeycomb-style management through challenges in new business areas. By leveraging M&A to develop new business domains and create synergies across business units, the company will build a business structure resilient to external changes. The company will also promote innovation to create new businesses and transform existing ones.

Key management priorities include transformation toward higher profitability and creation of future businesses. The company has designated noise control and virtual production as strategic business fields, and will strengthen e-commerce and expand internationally, targeting a 30% ratio of overseas sales. The company is also advancing digital transformation and strengthening sustainability management.

Financial targets for the fiscal year ending March 2026 include revenue of 75 billion yen, operating profit of 4.5 billion yen, and a shareholders' equity ratio of 40%. Through these efforts, Hibino aims to become a world-class AV & IT group and contribute to a sustainable society.