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Management planning1870YAHAGI CONSTRUCTION CO.,LTD.Construction and Materials

Ya作建設 Group: Formulation of the Medium-Term Management Plan [Fiscal 2026–Fiscal 2030]

Having completed the previous medium-term management plan (FY2021-FY2025), the Company has formulated a new 5-year plan for FY2026-FY2030. The plan calls for increased investment in earning power, growth areas and human capital, with targets including operating profit of at least ¥18 billion, ROE of at least 12% and DOE of at least 5% in FY2030.

Worth reading
61In 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
180
¥100 million (FY2030 operating profit target)
Wording
Conditional
How definitive the wording is.

Items stated in the management plan

Formulated
Medium-Term Management Plan [FY2026-FY2030]Plan period Fiscal years 2026–2030
Publication date 12 May 2026
Net Sales+0.2%
基準 2,025Target2,030Hundreds of millions of yen
Operating profit+0.2%
基準 2,025Target2,030Hundreds of millions of yen
ROE+5.0pt
基準 2,025Target2,030%

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.

Operating profit margin7.7% (FY2025 target under the previous medium-term management plan) → Not disclosed
Only the target level is shown because the current level for comparison was not provided.
What happened to the previous planRevenue of ¥130 billion and operating profit of ¥10 billion (targets under the previous medium-term management plan) → Revenue of ¥169.3 billion and operating profit of ¥13.7 billion (FY2025 actual)+1,457.7%Calculated from the two disclosed figures
Total investment plan¥50 billion (net growth investment)
Statements about the use of capital
Payout ratio / DOE policyDOE of at least 5% (progressive dividend policy). The applicable period is Not disclosed.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Cost of capitalCost of shareholders’ equity: 9.5% (the Company’s estimate based on CAPM)The cost of capital is the minimum rate of return expected by shareholders and banks from the company.
Key initiatives
01Management Strategy 1: Pursue earning power and maximize value creation in core businesses
02Management Strategy 2: Take on growth areas and accelerate business transformation for the future
03Management Strategy 3: Maximize the value of human capital through proactive investment and improve productivity through organizational culture reform
04Management Strategy 4: Strengthen the management foundation to sustainably enhance corporate value
05Business Strategy
06R&D strategy
07Human Capital Strategy
08DX Strategy
09Sustainability Strategy
10Investment Strategy
11Shareholder-return policy
Non-financial targetsIndicator name Engagement rating / Target value AA / Timing FY2030 / Latest results BBB (FY2025)
Items stated in the management plan
ItemDetails
Plan nameMedium-Term Management Plan [FY2026-FY2030]
Plan periodFiscal years 2026–2030
Progress against the planFormulated
Sales Target¥130 billion (FY2025 target under the previous medium-term management plan) → Approximately ¥200 billion (targeted position for FY2030)
Operating profit target¥10 billion (FY2025 target under the previous medium-term management plan) → At least ¥18 billion (FY2030)
Operating profit margin target7.7% (FY2025 target under the previous medium-term management plan) → Not disclosed
ROE target11.7% (FY2025 actual) → At least 12% (FY2030)
Payout ratio / DOE policyDOE of at least 5% (progressive dividend policy). The applicable period is Not disclosed.
Cost of capitalCost of shareholders’ equity: 9.5% (the Company’s estimate based on CAPM)
Total investment plan¥50 billion (net growth investment)
Non-financial targetsIndicator name Engagement rating / Target value AA / Timing FY2030 / Latest results BBB (FY2025)
Key initiativesManagement Strategy 1: Pursue earning power and maximize value creation in core businesses, Management Strategy 2: Take on growth areas and accelerate business transformation for the future, Management Strategy 3: Maximize the value of human capital through proactive investment and improve productivity through organizational culture reform, Management Strategy 4: Strengthen the management foundation to sustainably enhance corporate value, Business Strategy, R&D strategy, Human Capital Strategy, DX Strategy, Sustainability Strategy, Investment Strategy, Shareholder-return policy
Results under the previous planRevenue of ¥130 billion and operating profit of ¥10 billion (targets under the previous medium-term management plan) → Revenue of ¥169.3 billion and operating profit of ¥13.7 billion (FY2025 actual)
Publication date12 May 2026
Items this document does not state (11)
Net income targetROIC targetTreasury share acquisition policySelf-assessment of PBR and share priceInvestment amount by sectorSegment targetPlan assumptionsReason for revision or withdrawalSize of the Target MarketRisks identifiedDate 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.

Under the previous medium-term management plan, the Company achieved its numerical targets and delivered results through business expansion and a stronger financial position. However, improving its earning power, including profitability and capital efficiency, and expanding into new business areas remained challenges.

How to read this page

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Ya作建設 Group: Formulation of the Medium-Term Management Plan [Fiscal 2026–Fiscal 2030] | YAHAGI CONSTRUCTION CO.,LTD. (1870) timely disclosure | Komori