Worth reading
57In focus
Scored from 4 of 5 sectionsDirection
Improvement
Direction inferred from the company’s description.Scale
35000
¥ millionWording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+31.9%
基準 26,532Target35,000million
Operating profit+37.5%
基準 3,819Target5,250million
Operating profit margin+3.0pt
基準 2,026Target2,029%
ROE-2,011.0pt
基準 2,026Target15%
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 planNot disclosed → Sales: ¥26,532 million; operating profit: ¥3,819 million; operating margin: 14.4%; ROE: 14.7% (actual for the fiscal year ended March 2026)
Investment amount by sectorField Research and Development / Amount 2% of annual sales, Field M&A / Amount ¥5 billion, Field Training expenses / Amount 20% increase, Field AI investment / Amount 2% of annual operating profit
Statements about the use of capital
Payout ratio / DOE policyDividend payout ratio: approximately 30%. Target period: not disclosed.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Expanding the stock business through solutions
02Improve productivity with a focus on sales per employee
03Move from “Generative AI Plus” to “AI First”
04Update the Industrial Technology Solutions Business into a strategic technology field focused on the future
05Convert solutions into recurring business models
06Build an ecosystem centered on co-creation
07Establish a new recruitment model through recruitment DX
08Update training and education programs
09Create a virtuous cycle between employee satisfaction and productivity
10Conduct R&D that secures a competitive advantage through patents
11Pursue nationwide M&A by leveraging dispersed operating locations
12Actively use advertising and promotional expenses with a focus on enhancing corporate value
Segment targetSegment Future Society Solutions Business / Net Sales ¥8,500 million / Gross profit ¥3,000 million / Gross Profit Margin 35% / Target fiscal year Fiscal year ending March 2029, Segment Industrial Technology Solutions Business / Net Sales ¥16,500 million / Gross profit 5,000 million yen / Gross Profit Margin 30% / Target fiscal year Fiscal year ending March 2029, Segment Customer Co-Creation Business / Net Sales ¥10,000 million / Gross profit ¥2,500 million / Gross Profit Margin 25% / Target fiscal year Fiscal year ending March 2029
Non-financial targetsIndicator Recurring-revenue business sales / Target value ¥7 billion / Timing Fiscal year ending March 2029, Indicator Stock-based business revenue mix / Target value 20％ / Timing Fiscal year ending March 2029, Indicator New patents / Target value 10 / Timing Not disclosed
Risks identified by the company
The plan and earnings outlook may fluctuate due to various conditions and factors, including future economic trends and market conditions.
There are risks and uncertainties that actual results may differ from the plan, forecasts, and other statements.
| Item | Details |
|---|---|
| Plan name | 15th コアグループ Medium-Term Management Plan (Vision2029) |
| Plan period | Fiscal years ending March 2027 to March 2029 |
| Progress against the plan | Formulated |
| Sales Target | 26,532 (actual for the fiscal year ended March 2026) → 35,000 (target for the fiscal year ending March 2029)（31.9%） |
| Operating profit target | 3,819 (actual for the fiscal year ended March 2026) → 5,250 (target for the fiscal year ending March 2029)（37.5%） |
| Operating profit margin target | 14.4% (actual for the fiscal year ended March 2026) → 15.0% (target for the fiscal year ending March 2029)（4.2%） |
| ROE target | 14.7% (actual for the fiscal year ended March 2026) → 15% or higher |
| Payout ratio / DOE policy | Dividend payout ratio: approximately 30%. Target period: not disclosed. |
| Investment amount by sector | Field Research and Development / Amount 2% of annual sales, Field M&A / Amount ¥5 billion, Field Training expenses / Amount 20% increase, Field AI investment / Amount 2% of annual operating profit |
| Segment target | Segment Future Society Solutions Business / Net Sales ¥8,500 million / Gross profit ¥3,000 million / Gross Profit Margin 35% / Target fiscal year Fiscal year ending March 2029, Segment Industrial Technology Solutions Business / Net Sales ¥16,500 million / Gross profit 5,000 million yen / Gross Profit Margin 30% / Target fiscal year Fiscal year ending March 2029, Segment Customer Co-Creation Business / Net Sales ¥10,000 million / Gross profit ¥2,500 million / Gross Profit Margin 25% / Target fiscal year Fiscal year ending March 2029 |
| Non-financial targets | Indicator Recurring-revenue business sales / Target value ¥7 billion / Timing Fiscal year ending March 2029, Indicator Stock-based business revenue mix / Target value 20％ / Timing Fiscal year ending March 2029, Indicator New patents / Target value 10 / Timing Not disclosed |
| Key initiatives | Expanding the stock business through solutions, Improve productivity with a focus on sales per employee, Move from “Generative AI Plus” to “AI First”, Update the Industrial Technology Solutions Business into a strategic technology field focused on the future, Convert solutions into recurring business models, Build an ecosystem centered on co-creation, Establish a new recruitment model through recruitment DX, Update training and education programs, Create a virtuous cycle between employee satisfaction and productivity, Conduct R&D that secures a competitive advantage through patents, Pursue nationwide M&A by leveraging dispersed operating locations, Actively use advertising and promotional expenses with a focus on enhancing corporate value |
| Results under the previous plan | Not disclosed → Sales: ¥26,532 million; operating profit: ¥3,819 million; operating margin: 14.4%; ROE: 14.7% (actual for the fiscal year ended March 2026) |
| Risks identified | The plan and earnings outlook may fluctuate due to various conditions and factors, including future economic trends and market conditions., There are risks and uncertainties that actual results may differ from the plan, forecasts, and other statements. |
| Publication date | 1 May 2026 |
Items this document does not state (10)
Net income targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planPlan assumptionsReason for revision or withdrawalSize of the Target MarketDate 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 company views the rapid evolution of technology driven by AI, productivity improvements amid labor shortages, sustainable regional revitalization, the establishment of a world with interest rates, and the growing importance of sustainability as business opportunities, and has positioned the plan as a roadmap toward becoming a ¥100 billion company by 2040.
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.