Worth reading
50Recurring
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
2330
¥ millionWording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+15.1%
基準 2,025Target2,330million
Operating profit+0.1%
基準 2,025Target2,028million
Operating profit margin+3.0pt
基準 2,025Target2,028%
Net income for the current fiscal year+0.1%
基準 2,025Target2,028million
ROE+3.0pt
基準 2,025Target2,028%
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 planFY2025 full-year plan: ARR ¥975 million, 44 new CIERTO contracts, 278 cumulative contracts, and a 1.76% churn rate → FY2025 full-year actual: ARR ¥980 million, 46 new CIERTO contracts, 280 cumulative contracts, and a 2.44% churn rate0.0%Calculated from the two disclosed figures
Key initiatives
01Strengthen the distributor business
02Leverage alliance partners
03Expand the business into APAC
04Continue an active product-out strategy
05Increase profit by reducing cloud infrastructure costs
06Leverage AI and pursue a coexistence concept
Plan assumptionsGlobal DAM market CAGR of 13.0% (2023-2028), Japan DAM market CAGR of 13.7% (2023-2028), CIERTO targets 100,000 companies with 50 or more employees
Non-financial targetsIndicator New CIERTO contracts / Target value FY2026 70 contracts, FY2027 95 contracts, FY2028 130 contracts / Timing FY2026-FY2028, Indicator Cumulative CIERTO contracts / Target value 500 contracts / Timing FY2028, Indicator CIERTO churn rate / Target value FY2026 2.24%、FY2027 2.00%、FY2028 2.00% / Timing FY2026-FY2028
Size of the Target MarketGlobal DAM market size: USD 8.708 billion, CAGR 13.0% (2023-2028). Japan DAM market size: USD 261 million, CAGR 13.7% (2023-2028). Source: MarketsandmarketsResearch Private Ltd., April 2024 research report, “DIGITAL ASSET MANAGEMENT MARKERT-GLOBAL FORECAST TO 2028”
Risks identified by the company
Market environment: Slower growth in the DAM market
Competitor trends: Intensifying competition due to new market entrants
Recruitment and development of personnel: Failure to secure the necessary personnel as planned
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan |
| Plan period | FY2026-FY2028 |
| Progress against the plan | Formulated |
| Sales Target | FY2025 full-year actual 1,374 → FY2028 full-year forecast 2,330（2025→2028 CAGR 19.25%） |
| Operating profit target | FY2025 full-year actual 260 → FY2028 full-year forecast 681（2025→2028 CAGR 37.89%） |
| Operating profit margin target | FY2025 full-year actual 18.9% → FY2028 full-year plan 29.2% |
| Net income target | FY2025 full-year actual 176 → FY2028 full-year plan 470 |
| ROE target | FY2025 full-year actual 17.1% → FY2028 full-year plan 25.0% |
| Non-financial targets | Indicator New CIERTO contracts / Target value FY2026 70 contracts, FY2027 95 contracts, FY2028 130 contracts / Timing FY2026-FY2028, Indicator Cumulative CIERTO contracts / Target value 500 contracts / Timing FY2028, Indicator CIERTO churn rate / Target value FY2026 2.24%、FY2027 2.00%、FY2028 2.00% / Timing FY2026-FY2028 |
| Plan assumptions | Global DAM market CAGR of 13.0% (2023-2028), Japan DAM market CAGR of 13.7% (2023-2028), CIERTO targets 100,000 companies with 50 or more employees |
| Key initiatives | Strengthen the distributor business, Leverage alliance partners, Expand the business into APAC, Continue an active product-out strategy, Increase profit by reducing cloud infrastructure costs, Leverage AI and pursue a coexistence concept |
| Results under the previous plan | FY2025 full-year plan: ARR ¥975 million, 44 new CIERTO contracts, 278 cumulative contracts, and a 1.76% churn rate → FY2025 full-year actual: ARR ¥980 million, 46 new CIERTO contracts, 280 cumulative contracts, and a 2.44% churn rate |
| Size of the Target Market | Global DAM market size: USD 8.708 billion, CAGR 13.0% (2023-2028). Japan DAM market size: USD 261 million, CAGR 13.7% (2023-2028). Source: MarketsandmarketsResearch Private Ltd., April 2024 research report, “DIGITAL ASSET MANAGEMENT MARKERT-GLOBAL FORECAST TO 2028” |
| Risks identified | Market environment: Slower growth in the DAM market, Competitor trends: Intensifying competition due to new market entrants, Recruitment and development of personnel: Failure to secure the necessary personnel as planned |
| Publication date | 27 March 2026 |
Items this document does not state (10)
ROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetReason for revision or withdrawalDate 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.To achieve stable earnings and growth through a two-pronged sales and product strategy aimed at expanding the number of contracts with new customers and increasing contract volumes among existing customers.
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.