Worth reading
22Immaterial
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
8.8
PointsWording
Definitive
How definitive the wording is.Items stated in the management plan
What happened to the previous planCompliance with the 25% tradable share ratio requirement → Tradable share ratio of 33.2%+32.8%Calculated from the two disclosed figures
Statements about the use of capital
Treasury share acquisition policyThe Company’s policy was to cancel 18,000,000 of its treasury shares held and all shares acquired during the period from 1 April 2025 to 31 March 2026. On 31 March 2026, the Company actually cancelled a total of 28,621,500 shares.
Key initiatives
01Cancellation of Treasury Stock
| Item | Details |
|---|---|
| Plan name | Plan to Meet the Listing Maintenance Criteria |
| Treasury share acquisition policy | The Company’s policy was to cancel 18,000,000 of its treasury shares held and all shares acquired during the period from 1 April 2025 to 31 March 2026. On 31 March 2026, the Company actually cancelled a total of 28,621,500 shares. |
| Key initiatives | Cancellation of Treasury Stock |
| Results under the previous plan | Compliance with the 25% tradable share ratio requirement → Tradable share ratio of 33.2% |
| Publication date | 1 May 2026 |
Items this document does not state (20)
Plan periodProgress against the planSales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetNon-financial targetsPlan 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.The cancellation of 28,621,500 treasury shares reduced the total number of shares issued while leaving the number of tradable shares unchanged, resulting in a higher tradable share ratio.
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.