Worth reading
21Immaterial
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
—
Displayed only when the document provides numerical figures.Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
Annual updateKey initiatives
01Expansion into New Business Areas
02Building a dynamic map platform through the integration of various types of data
03Building a surveying network — the need to expand surveying capabilities —
04Expanding Business Scope Through M&A
05Expanding the group through continuous M&A
06The physical AI “data platform”
07Contributing to the social implementation of physical AI through “Data for AI”
Plan assumptionsCalculated using an exchange rate of ¥150 per US$1, The physical AI market is expected to grow at an average annual rate of 30% over the next 10 years, Annual sales of vehicles equipped with Level 2+ or higher automated driving or advanced driver assistance systems are expected to grow at an average annual rate of 37% from 2022A to 2030E
Size of the Target MarketMarket Size Figures 82,790.9 USD million / Timing 2035 USD million / Subject Physical AI market / Source Acumen Research and Consulting, Figures TAM ¥3.4 trillion, SAM ¥1.6 trillion / Timing 2023A / Subject Digital map market / Source Markets and Markets「Digital Map Market Global Forecast to 2029」, Figures TAM 26.7 million vehicles, SAM 11.1 million vehicles / Timing 2030E / Subject Annual sales of vehicles equipped with Level 2+ or higher automated driving or advanced driver assistance systems / Source IHS Markit「Autonomous Vehicle Sales Forecast 2023」 / Growth rate Figures 30% CAGR / Period The next 10 years / Subject Physical AI market / Source Acumen Research and Consulting, Figures 37% average annual growth / Period 2022A-2030E / Subject Annual sales of vehicles equipped with Level 2+ or higher automated driving or advanced driver assistance systems / Source IHS Markit「Autonomous Vehicle Sales Forecast 2023」
Risks identified by the company
Difficulty verifying safety (black-box nature)
Establishing AI models requires training on vast amounts of high-quality data
Training and inference resources are required for AI processing
Market forecasts are not guaranteed to develop as stated
| Item | Details |
|---|---|
| Plan name | Explanatory Material on Business Plans and Growth Potential |
| Progress against the plan | Annual update |
| Plan assumptions | Calculated using an exchange rate of ¥150 per US$1, The physical AI market is expected to grow at an average annual rate of 30% over the next 10 years, Annual sales of vehicles equipped with Level 2+ or higher automated driving or advanced driver assistance systems are expected to grow at an average annual rate of 37% from 2022A to 2030E |
| Key initiatives | Expansion into New Business Areas, Building a dynamic map platform through the integration of various types of data, Building a surveying network — the need to expand surveying capabilities —, Expanding Business Scope Through M&A, Expanding the group through continuous M&A, The physical AI “data platform”, Contributing to the social implementation of physical AI through “Data for AI” |
| Size of the Target Market | Market Size Figures 82,790.9 USD million / Timing 2035 USD million / Subject Physical AI market / Source Acumen Research and Consulting, Figures TAM ¥3.4 trillion, SAM ¥1.6 trillion / Timing 2023A / Subject Digital map market / Source Markets and Markets「Digital Map Market Global Forecast to 2029」, Figures TAM 26.7 million vehicles, SAM 11.1 million vehicles / Timing 2030E / Subject Annual sales of vehicles equipped with Level 2+ or higher automated driving or advanced driver assistance systems / Source IHS Markit「Autonomous Vehicle Sales Forecast 2023」 / Growth rate Figures 30% CAGR / Period The next 10 years / Subject Physical AI market / Source Acumen Research and Consulting, Figures 37% average annual growth / Period 2022A-2030E / Subject Annual sales of vehicles equipped with Level 2+ or higher automated driving or advanced driver assistance systems / Source IHS Markit「Autonomous Vehicle Sales Forecast 2023」 |
| Risks identified | Difficulty verifying safety (black-box nature), Establishing AI models requires training on vast amounts of high-quality data, Training and inference resources are required for AI processing, Market forecasts are not guaranteed to develop as stated |
| Publication date | 29 May 2026 |
Items this document does not state (18)
Plan periodSales 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 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.The value of foundational data is expected to increase with the arrival of the physical AI era, and business opportunities are expected to expand over the medium to long term as the market grows. The company also plans to diversify its data-collection methods and strengthen its flexible surveying capabilities to expand its business in airports, ports, logistics centers and other areas.
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.