Worth reading
32Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
456
¥ millions (free-float market capitalization; criterion: ¥500 million or more)Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
FormulatedStatements about the use of capital
Self-assessment of PBR and share priceThe company recognizes that its market valuation (share price) in the capital markets has remained sluggish and that a gap has emerged between its actual corporate condition and market valuation (share price). It plans to restore and improve its share price to an appropriate level.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Strengthen earnings power, which provides the foundation for the share price, by promoting business growth
02Enhance information disclosure regarding medium- to long-term policies and growth strategies
03Strengthen IR activities by enhancing continuous and constructive dialogue with investors
Risks identified by the company
Designation as a Security on Alert (Confirmation Underway) if compliance cannot be confirmed during the improvement period ending 28 February 2027
Designation as a Security to Be Delisted if compliance with the free-float market capitalization criterion cannot be confirmed
Delisting on 1 September 2027
Reason for revision or withdrawal
The average share price during the calculation period remained sluggish because a gap emerged between the company's actual corporate condition and market valuation (share price), partly because the company's recent business performance and medium- to long-term growth potential had not been sufficiently communicated and its information dissemination to the capital markets, including IR activities, had not been fully developed.
| Item | Details |
|---|---|
| Plan name | Plan to Meet Listing Maintenance Criteria (Entering Improvement Period) |
| Plan period | 28 February 2026 (reference date) to 28 February 2027 (improvement period deadline) |
| Progress against the plan | Formulated |
| Self-assessment of PBR and share price | The company recognizes that its market valuation (share price) in the capital markets has remained sluggish and that a gap has emerged between its actual corporate condition and market valuation (share price). It plans to restore and improve its share price to an appropriate level. |
| Key initiatives | Strengthen earnings power, which provides the foundation for the share price, by promoting business growth, Enhance information disclosure regarding medium- to long-term policies and growth strategies, Strengthen IR activities by enhancing continuous and constructive dialogue with investors |
| Reason for revision or withdrawal | The average share price during the calculation period remained sluggish because a gap emerged between the company's actual corporate condition and market valuation (share price), partly because the company's recent business performance and medium- to long-term growth potential had not been sufficiently communicated and its information dissemination to the capital markets, including IR activities, had not been fully developed. |
| Risks identified | Designation as a Security on Alert (Confirmation Underway) if compliance cannot be confirmed during the improvement period ending 28 February 2027, Designation as a Security to Be Delisted if compliance with the free-float market capitalization criterion cannot be confirmed, Delisting on 1 September 2027 |
| Publication date | 25 May 2026 |
Items this document does not state (17)
Sales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalTotal 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.The average share price during the calculation period remained sluggish because a gap emerged between the company's actual corporate condition and market valuation (share price), partly because the company's recent business performance and medium- to long-term growth potential had not been sufficiently communicated and its information dissemination to the capital markets, including IR activities, had not been fully developed.
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.