Worth reading
73In 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
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Items stated in the management plan
Partially revisedNet Sales+8.3%
基準 2,400Target2,600million
Operating profit+21.7%
基準 230Target280million
ROE+1.5pt
基準 7Target8.5％
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.
Total investment planApproximately ¥60 billion in growth investment and approximately ¥40 billion in shareholder returns. Total capital allocation: ¥100 billion. Unit: ¥100 million.
Investment amount by sectorField Investment to strengthen the business platform / Amount Approximately ¥30.0 billion, Field Investment to expand the business / Amount Approximately ¥30.0 billion
Statements about the use of capital
Payout ratio / DOE policyDOE of approximately 3.0%. The applicable period is the 3-year period of the Medium-Term Management Plan 2027.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Treasury share acquisition policyA share repurchase limit of approximately ¥18 billion has been established for the 3-year period of the Medium-Term Management Plan 2027.
Cost of capitalCost of equity of approximately 5% (based on CAPM)The cost of capital is the minimum rate of return expected by shareholders and banks from the company.
Self-assessment of PBR and share pricePBR has remained at approximately 1x since the end of October 2025, reflecting the rise in the share price. PBR was 0.99x in fiscal 2025.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Thorough implementation of safety and compliance measures and improvement of quality
02Further strengthening sales and construction capabilities and expanding orders received
03Generating profit through improved productivity
04Strengthening recruitment and development of human resources and creating an attractive workplace
05Expanding the business through growth investment
06Earnings briefing held
07Holding company briefings for individual investors
08Holding meetings with institutional investors as needed
09Posting financial results briefing materials on the website
10Issuing the 中電工 Integrated Report
11Providing timely and appropriate information
Risks identified by the company
Actual results may differ significantly due to various factors
Reason for revision or withdrawal
The results of initiatives to improve earnings power, enhance shareholder returns and strengthen investor relations activities are becoming evident in market valuations against the backdrop of improved stock market conditions, and the Company intends to continue advancing these initiatives.
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan 2027 (fiscal years 2025–2027) |
| Plan period | FY2025–FY2027 |
| Progress against the plan | Partially revised |
| Sales Target | ¥2,400 million → ¥2,600 million（8.3%） |
| Operating profit target | ¥230 million → ¥280 million（21.7%） |
| ROE target | 7.0 ％ → 8.5 or more |
| Payout ratio / DOE policy | DOE of approximately 3.0%. The applicable period is the 3-year period of the Medium-Term Management Plan 2027. |
| Treasury share acquisition policy | A share repurchase limit of approximately ¥18 billion has been established for the 3-year period of the Medium-Term Management Plan 2027. |
| Cost of capital | Cost of equity of approximately 5% (based on CAPM) |
| Self-assessment of PBR and share price | PBR has remained at approximately 1x since the end of October 2025, reflecting the rise in the share price. PBR was 0.99x in fiscal 2025. |
| Total investment plan | Approximately ¥60 billion in growth investment and approximately ¥40 billion in shareholder returns. Total capital allocation: ¥100 billion. Unit: ¥100 million. |
| Investment amount by sector | Field Investment to strengthen the business platform / Amount Approximately ¥30.0 billion, Field Investment to expand the business / Amount Approximately ¥30.0 billion |
| Key initiatives | Thorough implementation of safety and compliance measures and improvement of quality, Further strengthening sales and construction capabilities and expanding orders received, Generating profit through improved productivity, Strengthening recruitment and development of human resources and creating an attractive workplace, Expanding the business through growth investment, Earnings briefing held, Holding company briefings for individual investors, Holding meetings with institutional investors as needed, Posting financial results briefing materials on the website, Issuing the 中電工 Integrated Report, Providing timely and appropriate information |
| Reason for revision or withdrawal | The results of initiatives to improve earnings power, enhance shareholder returns and strengthen investor relations activities are becoming evident in market valuations against the backdrop of improved stock market conditions, and the Company intends to continue advancing these initiatives. |
| Risks identified | Actual results may differ significantly due to various factors |
| Date of board resolution | 28 April 2026 |
| Publication date | 28 April 2026 |
Items this document does not state (8)
Operating profit margin targetNet income targetROIC targetSegment targetNon-financial targetsPlan assumptionsResults under the previous planSize 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 results of initiatives to improve earnings power, enhance shareholder returns and strengthen investor relations activities are becoming evident in market valuations against the backdrop of improved stock market conditions. The Company intends to continue advancing these initiatives.
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.