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Management planning2722IK HOLDINGS Co.,Ltd.Retail

Notice Regarding the Withdrawal of the Medium-Term Management Plan

The medium-term management plan announced in July 2025, whose final fiscal year was the fiscal year ending May 2028, has been withdrawn. In light of delays in performance progress and deviations from the assumptions underlying the growth strategy, a new medium-term management plan is currently being formulated.

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Items stated in the management plan

Withdrawn
Medium-Term Management PlanPlan period Starting fiscal year Not disclosed / Final year Fiscal year ending May 2028
Publication date 14 July 2026
Key initiatives
01Establishment of the Group Management Reform Council
02Transformation into a robust earnings structure not dependent on external factors
03Formulation of a new medium-term management plan
Risks identified by the company
The structural issue that the Company cannot control product development and rollout
Rapid changes in market trends
Dependence on external factors
Reason for revision or withdrawal

Recent performance progress has fallen behind schedule, and deviations have arisen from the assumptions underlying the planned growth strategy. Due to the structural issue inherent in the sales agency business, whereby the Company cannot control product development and rollout, it was unable to respond promptly to rapid changes in market trends, resulting in a substantial delay compared with the originally projected performance progress.

Items stated in the management plan
ItemDetails
Plan nameMedium-Term Management Plan
Plan periodStarting fiscal year Not disclosed / Final year Fiscal year ending May 2028
Progress against the planWithdrawn
Key initiativesEstablishment of the Group Management Reform Council, Transformation into a robust earnings structure not dependent on external factors, Formulation of a new medium-term management plan
Reason for revision or withdrawalRecent performance progress has fallen behind schedule, and deviations have arisen from the assumptions underlying the planned growth strategy. Due to the structural issue inherent in the sales agency business, whereby the Company cannot control product development and rollout, it was unable to respond promptly to rapid changes in market trends, resulting in a substantial delay compared with the originally projected performance progress.
Risks identifiedThe structural issue that the Company cannot control product development and rollout, Rapid changes in market trends, Dependence on external factors
Publication date14 July 2026
Items this document does not state (18)
Sales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetNon-financial targetsPlan assumptionsResults under the previous planSize 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.

Recent performance progress has fallen behind schedule, and the structure of the sales agency business prevented the Company from controlling product development and rollout in-house, making it difficult to respond promptly to rapid changes in market trends. There were also deviations from the assumptions underlying the planned growth strategy, and the Company determined that maintaining the previous plan was no longer appropriate.

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Notice Regarding the Withdrawal of the Medium-Term Management Plan | IK HOLDINGS Co.,Ltd. (2722) timely disclosure | Komori