Worth reading
50Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales-1.3%
基準 27,353Target27,000million
Operating profit+30.6%
基準 1,455Target1,900million
ROE+1.0pt
基準 6.96Target8%
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.
What happened to the previous planOrders received 28,950 / Net Sales 29,330 / Operating profit 1,460 / Ordinary income 1,630 → Orders received 29,992 / Net Sales 27,353 / Operating profit 1,455 / Ordinary income 2,094
Statements about the use of capital
Self-assessment of PBR and share pricePBR was 0.50x for FY2026. The Company aims to achieve a PBR of 1x.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Addressing workforce aging and encouraging young people to enter the industry
02Expanding business performance through the early rollout of value-added technologies
Plan assumptionsIn the construction industry, experienced workers aged 60 or older account for approximately 25.8%, while workers aged 29 or younger account for only approximately 12% (as of 2024)., Regulations limiting overtime work have applied since April 2024., Rising material costs and wages are creating an environment in which profitability is pressured when construction is carried out using conventional methods.
Risks identified by the company
Continued workforce aging and a decline in the number of young workers
Balancing shorter working hours under work-style reforms with higher wages
Profit pressure from rising material costs and wages
The outlook from 2028 onward for large-scale projects at the Company's US subsidiary is uncertain
| Item | Details |
|---|---|
| Plan name | Seventh Medium-Term Management Plan (FY2026-FY2028) |
| Plan period | FY2026-FY2028 |
| Progress against the plan | Formulated |
| Sales Target | ¥27,353 million → ¥27,000 million |
| Operating profit target | ¥1,455 million → ¥1,900 million |
| ROE target | 6.96 % → 8 % |
| Self-assessment of PBR and share price | PBR was 0.50x for FY2026. The Company aims to achieve a PBR of 1x. |
| Plan assumptions | In the construction industry, experienced workers aged 60 or older account for approximately 25.8%, while workers aged 29 or younger account for only approximately 12% (as of 2024)., Regulations limiting overtime work have applied since April 2024., Rising material costs and wages are creating an environment in which profitability is pressured when construction is carried out using conventional methods. |
| Key initiatives | Addressing workforce aging and encouraging young people to enter the industry, Expanding business performance through the early rollout of value-added technologies |
| Results under the previous plan | Orders received 28,950 / Net Sales 29,330 / Operating profit 1,460 / Ordinary income 1,630 → Orders received 29,992 / Net Sales 27,353 / Operating profit 1,455 / Ordinary income 2,094 |
| Risks identified | Continued workforce aging and a decline in the number of young workers, Balancing shorter working hours under work-style reforms with higher wages, Profit pressure from rising material costs and wages, The outlook from 2028 onward for large-scale projects at the Company's US subsidiary is uncertain |
| Date of board resolution | 3 June 2026 |
| Publication date | 3 June 2026 |
Items this document does not state (12)
Operating profit margin targetNet income targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalTotal investment planInvestment amount by sectorSegment targetNon-financial targetsReason for revision or withdrawalSize of the Target Market
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.The plan aims to improve productivity and profitability through automated machinery-based construction and technological development in response to the aging workforce and decline in the number of young workers, work-style reforms, and rising material costs and wages. The decrease in order intake and net sales compared with FY2025 is attributed to the uncertain outlook from 2028 onward for large-scale projects at the Company's US subsidiary.
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.