Worth reading
33Immaterial
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
7.6
¥100 million (increase in free-float market capitalization from the end of March 2025)Wording
Definitive
How definitive the wording is.Items stated in the management plan
Annual updateStatements about the use of capital
Payout ratio / DOE policyThe Company states that it resumed dividend payments and strengthened its shareholder dividend policy. Numerical targets and target period: Not disclosedThe payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Self-assessment of PBR and share priceThe Company states that it worked to increase its share price. Numerical figures for PBR and other metrics: Not disclosedPBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Growth Strategy
02Enhance shareholder returns
Reason for revision or withdrawal
As a result of advancing initiatives based on the plan for compliance with the continued listing criteria, the free-float market capitalization came into compliance with the continued listing criteria before the plan deadline at the end of March 2027.
| Item | Details |
|---|---|
| Plan name | Plan to Meet the Listing Maintenance Criteria |
| Plan period | Disclosure dated 22 December 2021 to the end of March 2027 |
| Progress against the plan | Annual update |
| Payout ratio / DOE policy | The Company states that it resumed dividend payments and strengthened its shareholder dividend policy. Numerical targets and target period: Not disclosed |
| Self-assessment of PBR and share price | The Company states that it worked to increase its share price. Numerical figures for PBR and other metrics: Not disclosed |
| Key initiatives | Growth Strategy, Enhance shareholder returns |
| Reason for revision or withdrawal | As a result of advancing initiatives based on the plan for compliance with the continued listing criteria, the free-float market capitalization came into compliance with the continued listing criteria before the plan deadline at the end of March 2027. |
| Publication date | 22 April 2026 |
Items this document does not state (17)
Sales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetTreasury share acquisition policyCost of capitalTotal investment planInvestment amount by sectorSegment targetNon-financial targetsPlan assumptionsResults under the previous planSize of the Target MarketRisks identifiedDate 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.As a result of efforts based on the plan for compliance with the continued listing criteria, including pursuing the growth strategy, resuming dividend payments and strengthening shareholder returns, and introducing a shareholder benefit program.
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.