(E04608) Stock Price

Meijiza operates as a comprehensive entertainment company with theatrical productions at its core. The company provides integrated services spanning from theater management to stage production, with self-produced theatrical performances as its main business. The group comprises seven subsidiaries and one affiliated company, operating diversified businesses centered on theatrical productions.

The company's revenue structure is built primarily on ticket sales from theatrical performances, while ancillary income from food and beverage services and merchandise sales within and outside the theater represent important revenue pillars. The company operates in-house cafeterias and retail shops within the theater, and provides catering services to hotels and other venues outside the theater. Additionally, rental income from owned real estate serves as a stable revenue source.

The company's business is divided into five segments. The entertainment business produces and stages self-produced performances, while the ancillary business operates food and beverage establishments inside and outside the theater. The real estate business handles rentals of office spaces, studios, and parking lots. The interior construction business undertakes interior work for department stores and restaurants. Other operations include production support for other theaters and management of the Taito Ward Asakusa Public Hall, realizing comprehensive service provision in the theatrical industry.

Meiji-za operates under the philosophy that "emotional impact is our product." The company aims to expand corporate value through theatrical productions and comprehensive customer service. Every three years, Meiji-za develops a medium-term three-year plan called the "Meiji-za Renewal Plan" in consultation with external advisors. While the company does not set specific numerical targets, it positions customer satisfaction improvement and stable revenue generation as core management pillars. Attendance numbers, which declined during the pandemic, are showing recovery, and the company is strengthening its business foundation while maintaining rigorous infection control measures.

In the entertainment business, improving production capabilities and strengthening sales operations are top priorities. The company is enriching its performance lineup and diversifying sales formats, introducing new performance styles such as video streaming services alongside traditional in-venue theater experiences. Additionally, Meiji-za is revamping its membership organization and expanding customer touchpoints through enhanced performance information distribution to drive revenue growth. Through these initiatives, the company is pursuing a strategy that simultaneously delivers emotionally resonant productions and expands its customer base.

In ancillary businesses, the company is further strengthening coordination with its entertainment operations, focusing on planning and developing topical products related to performances. Meiji-za prioritizes customer trust by ensuring safe and hygienic product offerings through rigorous sanitation management. Regarding interior design services, as investment in commercial facilities shows recovery, the company is pursuing efficient order expansion while flexibly adapting to market changes.

On the organizational front, the company is emphasizing talent development through newly implemented training programs. Meiji-za is creating an environment where each employee can maximize their capabilities, aiming to enhance competitiveness through organizational activation. Through these human resource strategies, the company is building an organizational structure capable of responding to changing market conditions and establishing a long-term growth foundation.