Message We will engage in activities that support solutions to private- and public-sector issues, including those at the local community level, paving the way for us to achieve further growth.
FGI provides cutting-edge, innovative financing solutions through investment banking services, investment services and investment management services and also draws on know-how accumulated through these businesses to create local issue solutions. We are active in various fields of pursuit and apply accumulated expertise matched to the needs of the times and an evolving market environment.
The private sector, namely, companies, as well as the public sector, including local public entities, look to the FGI Group for advice on a diverse range of issues, from business succession and growth investment to new facility construction and upgrades, energy and regional revitalization. As a corporate group, we seek to meet the expectations of corporate clients and society as a whole by analyzing issues, creating solutions, and providing support through financing and other tools. In doing so, we will lay a solid path to further growth.
FGI has seen an increase in the amount of investment into companies struggling with business succession issues, with the level of private equity fund formation in fiscal 2024, ended September 30, 2024, surging 295% year on year to ¥39.5 billion. Going forward, we expect the fund formation amount to rise still higher, fueled by such positive factors as a steady increase in the number of financial institutions introducing private equity projects to us. Other facets of our investment banking business are also expected to grow, and we will allocate management resources to these areas as well.
Various steps have been taken at Metsä Village and Moominvalley Park to reinforce operations, including additions to content, hosting of crowd-drawing events, revisions to the pricing structure and cost reduction measures. The most notable of these steps was the introduction of child-friendly pricing. In the summer of 2024, Moomin Monogatari Co., Ltd., which operates Moominvalley Park, teamed up with a nonprofit organization on a campaign featuring a ¥500 one-day pass for children up to high school age. The pass proved very popular, encouraging many families and high school students to visit Metsä, and prompted a decision to significantly reduce the price of park admission for children in the regular fee structure, effective from November 2024. By making Moominvalley Park a more economical destination for families with children and older children who might visit the site on their own, Moomin Monogatari is helping to ameliorate the disparity in fun and leisure opportunities that exists among children due to income inequality in the local community.
We aim to raise corporate value by supporting and contributing to solutions that address social issues and return the results achieved through higher corporate value to our stakeholders. We sincerely appreciate your continued understanding and encouragement of our efforts.
January 6, 2025
Nobumitsu Tamai
President and Chief Executive Officer, FinTech Global Incorporated