Worth reading
63In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
20
¥100 million (operating income target for the fiscal year ending March 2029)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+19.3%
基準 29,580Target35,300million
Operating profit+0.1%
基準 2,026Target2,029million
Operating profit margin+3.0pt
基準 2,026Target2,029%
Net income for the current fiscal year+0.1%
基準 2,026Target2,029million
ROE+3.0pt
基準 2,026Target2,029%
Each line is the climb from the baseline the document states to the target it sets. The slope is scaled against the largest climb in this document. For metrics expressed as percentages, differences are shown in percentage points (pt).The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
Statements about the use of capital
Payout ratio / DOE policyFor the period covered by MTG2028, through the fiscal year ending March 2029, the company will use a 30% payout ratio as a guideline and aims to increase dividends continuously in line with earnings growth. No DOE policy is stated.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Concentrate management resources in and launch four No. 1 areas
02Begin expansion from AI literacy training for local governments
03Establish a pathway to hands-on DX support through the Schoo partnership
04Shift and concentrate the business portfolio
05Strengthen the locally focused detached-housing business
06Reduce indirect costs through digital improvements
07Reskilling effects
08Effects of expanding consulting services for local governments
09Effects of hiring digital talent
Plan assumptionsDomestic DX investment is expected to expand approximately 1.8-fold, from ¥5.2 trillion in 2024 to ¥9.2 trillion in 2030 (Fuji Chimera Research Institute)., Demand for personnel capable of using AI, robotics and other technologies is expected to rise from 2.36 million people in 2022 to 10.65 million in 2040, against a supply of 4.43 million, resulting in a shortfall of 3.39 million (Ministry of Economy, Trade and Industry)., The shortage of teachers at public schools is expected to increase approximately 1.9-fold, from 2,065 in 2021 to 3,827 in 2025 (Ministry of Education, Culture, Sports, Science and Technology)., New housing starts are expected to decline from 819,000 units in 2023 to 740,000 units in 2025 (Ministry of Land, Infrastructure, Transport and Tourism)., The First Medium-Term Plan for National Resilience Implementation (2026–2030) exceeds ¥20 trillion., The construction-site DX market is expected to expand approximately 2.1-fold, from ¥58.6 billion in 2024 to ¥125.0 billion in 2030 (Yano Research Institute).
Segment targetSegment Consulting business / Net Sales ¥4,368 million / Operating profit ¥886 million / Target fiscal year Fiscal year ending March 2029, Segment Systems development business / Net Sales ¥7,905 million / Operating profit ¥619 million / Target fiscal year Fiscal year ending March 2029, Segment Human Resources Business / Net Sales ¥2,089 million / Operating profit ¥383 million / Target fiscal year Fiscal year ending March 2029, Segment Construction and Civil Engineering / Net Sales ¥21,190 million / Operating profit ¥728 million / Target fiscal year Fiscal year ending March 2029
Non-financial targetsIndicator Digital talent ratio / Target value Approximately 50% / Timing Fiscal year ending March 2029, Indicator Total digital talent headcount / Target value Approximately 700 people / Timing Fiscal year ending March 2029, Indicator New projects generated through the Schoo partnership / Target value Approximately 130 projects / Timing Fiscal year ending March 2029, Indicator AI training for teachers and instructors / Target value 10,000 people / Timing Not disclosed
Size of the Target MarketMarket Domestic DX investment / Scale ¥5.2 trillion in 2024, ¥9.2 trillion in 2030, approximately 1.8-fold / Source Press release concerning Fuji Chimera Research Institute's 2025 Future Outlook for the Digital Transformation Market, Market Edition, Market Construction-site DX market / Scale ¥58.6 billion in 2024, ¥125.0 billion in 2030, approximately 2.1-fold / Source Press release concerning a survey by Yano Research Institute, Market First Medium-Term Plan for National Resilience Implementation / Scale More than ¥20 trillion for 2026–2030 / Source Cabinet Secretariat, "First Medium-Term Plan for National Resilience Implementation"
Risks identified by the company
Various risks and uncertainties
Changes in the business environment
Reason for revision or withdrawal
This plan was formulated as the execution plan for the growth strategy accompanying the transition to a pure holding company structure. It aims to establish a foundation as a digital provider for frontline operations, build an earnings base for sustainable growth, optimize the balance among businesses, and expand the customer base.
| Item | Details |
|---|---|
| Plan name | MTG2028 (medium-term management plan) |
| Plan period | Fiscal year ending March 2027 to fiscal year ending March 2029 (beginning April 2026) |
| Progress against the plan | Formulated |
| Sales Target | ¥29,580 million (forecast for the fiscal year ending March 2026) → ¥35,300 million (plan for the fiscal year ending March 2029)（119.3% (versus the fiscal year ending March 2026; equivalent growth rate of +19.3%)） |
| Operating profit target | ¥980 million (forecast for the fiscal year ending March 2026) → ¥2,000 million (plan for the fiscal year ending March 2029)（204.1% (versus the fiscal year ending March 2026; equivalent growth rate of +104.1%)） |
| Operating profit margin target | 3.3% (forecast for the fiscal year ending March 2026) → 5.7% (plan for the fiscal year ending March 2029; another section states “approximately 5%”) |
| Net income target | ¥420 million (forecast for the fiscal year ending March 2026) → ¥1,000 million (plan for the fiscal year ending March 2029)（238.1% (versus the fiscal year ending March 2026; equivalent growth rate of +138.1%)） |
| ROE target | 15.5% (forecast for the fiscal year ending March 2026) → 18.3% (forecast for the fiscal year ending March 2029) |
| Payout ratio / DOE policy | For the period covered by MTG2028, through the fiscal year ending March 2029, the company will use a 30% payout ratio as a guideline and aims to increase dividends continuously in line with earnings growth. No DOE policy is stated. |
| Segment target | Segment Consulting business / Net Sales ¥4,368 million / Operating profit ¥886 million / Target fiscal year Fiscal year ending March 2029, Segment Systems development business / Net Sales ¥7,905 million / Operating profit ¥619 million / Target fiscal year Fiscal year ending March 2029, Segment Human Resources Business / Net Sales ¥2,089 million / Operating profit ¥383 million / Target fiscal year Fiscal year ending March 2029, Segment Construction and Civil Engineering / Net Sales ¥21,190 million / Operating profit ¥728 million / Target fiscal year Fiscal year ending March 2029 |
| Non-financial targets | Indicator Digital talent ratio / Target value Approximately 50% / Timing Fiscal year ending March 2029, Indicator Total digital talent headcount / Target value Approximately 700 people / Timing Fiscal year ending March 2029, Indicator New projects generated through the Schoo partnership / Target value Approximately 130 projects / Timing Fiscal year ending March 2029, Indicator AI training for teachers and instructors / Target value 10,000 people / Timing Not disclosed |
| Plan assumptions | Domestic DX investment is expected to expand approximately 1.8-fold, from ¥5.2 trillion in 2024 to ¥9.2 trillion in 2030 (Fuji Chimera Research Institute)., Demand for personnel capable of using AI, robotics and other technologies is expected to rise from 2.36 million people in 2022 to 10.65 million in 2040, against a supply of 4.43 million, resulting in a shortfall of 3.39 million (Ministry of Economy, Trade and Industry)., The shortage of teachers at public schools is expected to increase approximately 1.9-fold, from 2,065 in 2021 to 3,827 in 2025 (Ministry of Education, Culture, Sports, Science and Technology)., New housing starts are expected to decline from 819,000 units in 2023 to 740,000 units in 2025 (Ministry of Land, Infrastructure, Transport and Tourism)., The First Medium-Term Plan for National Resilience Implementation (2026–2030) exceeds ¥20 trillion., The construction-site DX market is expected to expand approximately 2.1-fold, from ¥58.6 billion in 2024 to ¥125.0 billion in 2030 (Yano Research Institute). |
| Key initiatives | Concentrate management resources in and launch four No. 1 areas, Begin expansion from AI literacy training for local governments, Establish a pathway to hands-on DX support through the Schoo partnership, Shift and concentrate the business portfolio, Strengthen the locally focused detached-housing business, Reduce indirect costs through digital improvements, Reskilling effects, Effects of expanding consulting services for local governments, Effects of hiring digital talent |
| Reason for revision or withdrawal | This plan was formulated as the execution plan for the growth strategy accompanying the transition to a pure holding company structure. It aims to establish a foundation as a digital provider for frontline operations, build an earnings base for sustainable growth, optimize the balance among businesses, and expand the customer base. |
| Size of the Target Market | Market Domestic DX investment / Scale ¥5.2 trillion in 2024, ¥9.2 trillion in 2030, approximately 1.8-fold / Source Press release concerning Fuji Chimera Research Institute's 2025 Future Outlook for the Digital Transformation Market, Market Edition, Market Construction-site DX market / Scale ¥58.6 billion in 2024, ¥125.0 billion in 2030, approximately 2.1-fold / Source Press release concerning a survey by Yano Research Institute, Market First Medium-Term Plan for National Resilience Implementation / Scale More than ¥20 trillion for 2026–2030 / Source Cabinet Secretariat, "First Medium-Term Plan for National Resilience Implementation" |
| Risks identified | Various risks and uncertainties, Changes in the business environment |
| Publication date | 28 April 2026 |
Items this document does not state (8)
ROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorResults under the previous planDate of board resolution
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.To establish a foundation as a digital provider for frontline operations and build an earnings base for sustainable growth, as the execution plan for the growth strategy accompanying the transition to a pure holding company structure.
How to read this page
This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.