Komori
Management Plan3175AP HOLDINGS CO.,LTD.Retail

Progress of the Improvement Plan Toward Compliance with the Listing Maintenance Criteria (Net Assets)

Net assets, which were negative by ¥50 million at the end of March 2025, improved to positive net assets of ¥1,090 million at the end of the third quarter of the fiscal year ending March 2026. The company reported progress on measures to eliminate negative net assets, including the sale of a subsidiary, reform of unprofitable businesses, and improvements to staffing, training and sanitation systems.

Worth reading
27Immaterial
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
1140
¥ million
Wording
Conditional
How definitive the wording is.

Items stated in the management plan

Annual update
上場維持基準(純資産基準)への適合に向けた改善計画Plan period 2025年4月1日から2026年3月31日
Publication date 13 February 2026
Key initiatives
01Sale of a subsidiary
02各事業カンパニーの組織コンディションの整備
03Improving Unprofitable Businesses
04Thorough Cost Reduction
05資金の確保
Plan assumptions食材価格やエネルギーコストの高騰が続く厳しい事業環境
Risks identified by the company
食材価格やエネルギーコストの高騰
市場環境の変化や競争激化
Items stated in the management plan
ItemDetails
Plan name上場維持基準(純資産基準)への適合に向けた改善計画
Plan period2025年4月1日から2026年3月31日
Progress against the planAnnual update
Plan assumptions食材価格やエネルギーコストの高騰が続く厳しい事業環境
Key initiativesSale of a subsidiary, 各事業カンパニーの組織コンディションの整備, Improving Unprofitable Businesses, Thorough Cost Reduction, 資金の確保
Risks identified食材価格やエネルギーコストの高騰, 市場環境の変化や競争激化
Publication date13 February 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 targetsResults under the previous planReason 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.

子会社の売却、新規出店の抑制に伴う人員体制の見直し、教育レベルの把握、衛生環境の整備、年末年始の予約施策の強化、不採算店舗の撤退、香港事業のブランディング刷新などに取り組んだため。

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.
Progress of the Improvement Plan Toward Compliance with the Listing Maintenance Criteria (Net Assets) | AP HOLDINGS CO.,LTD. (3175) timely disclosure | Komori