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- Message from the President
Message from the President
Dear everyone,
We would like to express our sincere gratitude for your continued support.
In the fiscal year ending September 2023, despite the challenging business environment characterized by the COVID-19 pandemic, the gradual recovery of socio-economic activities, soaring global resource prices, rapid exchange rate fluctuations, and geopolitical instability, the ReFa brand has driven sales growth, resulting in the highest-ever consolidated sales and increased operating and ordinary profits for the MTG Group.
In particular, the ReFa brand achieved record-breaking sales with popular products in the hair care and fine bubble shower categories. The hair care series, launched in 2019, surpassed a cumulative shipment of 1 million units for the popular hair iron, widely acclaimed heart brushes, and other hair brushes achieved a cumulative shipment of 1 million units in March 2023, demonstrating significant growth within just four years since their release.
Our sustained high growth is supported by our development capabilities to continuously create new products through our brand development system and our sales capabilities in diverse channels such as beauty salons, e-commerce, and department stores, which generate synergistic effects. In the fiscal year ending September 2023, we further strengthened our development structure to enhance the speed and quality of product development, expanded into new sales channels, and continued to expand our membership base, thereby sustaining high growth.
Throughout our journey, we have adhered to our corporate philosophy of "One shines, We shine, All shines" and pursued our business vision of "VITAL LIFE" to realize a vibrant and healthy life for people worldwide. Moving forward, we will continue to invest in new product development and enhance brand value, with a focus on ReFa and SIXPAD. We will also actively invest in our group employees as human capital, enabling each individual to shine and achieve further growth.
The MTG Group will continue to work together as one to realize our corporate philosophy and business vision, striving for the improvement of corporate value.
We sincerely request your continued support and assistance.
January 2024
President and Representative Director Tsuyoshi Matsushita.