In the next 50 years, we will continue to take on the challenge of development new services while expanding into the global market. In the next 50 years, we will keep challenging the development of new services while expanding into the global market.
Looking back the first half of the fiscal year, both the karaoke business and the Curves business sustained high sales growth. As a result, net sales rose 13.2% y-o-y to ¥30,300,000,000, operating income rose 17.1% to ¥3,600,000,000, ordinary income rose 18.0% to ¥3,800,000,000, and net income attributable to the shareholders of the parent company rose 28.5% to ¥2,300,000,000. We expect steady growth from the second half of the fiscal year, and we aim to achieve sales and profit growth for the 11th consecutive year since listing.
In our mainstay karaoke business, we are working to enhance our store network centered on the Tokyo metropolitan area amid sluggish overall demand. We are also focusing on creating new unique services , automating and improving the efficiency of our operations to ensure our competitive advantage and profitability. In addition, we plan to expand into Thailand (Bangkok) and Malaysia by 2018, with the aim of expanding our business to the ASEAN region as a whole.
Meanwhile, in the Curves business, we decided to acquire the Curves World Headquarters in March 2018. As a result, we are able to save a royalty of ¥2,000,000,000 per year within the Group, and we are able to development new business formats with greater management flexibility. In addition, in the medium-to long-term, we are looking to expand our business globally by taking advantage of the know-how we have accumulated in our curves business in Japan.
In the next 50 years, the Koshidaka Group will continue to strive to development new services and introduce them in the global market as “a comprehensive leisure service provider” . We look forward to your continued support.