Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Items stated in the management plan
Partially revisedROE-2,018.0pt
基準 2,026Target8％
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).
Net SalesNot disclosed → ¥27.0 billion
Only the target level is shown because the current level for comparison was not provided.Investment amount by sectorField M&A Investment / Amount ¥5 billion, Field Upfront Investment / Amount ¥1 billion
Statements about the use of capital
Cost of capital8–9% (estimated cost of equity), calculated value: 8.73%The cost of capital is the minimum rate of return expected by shareholders and banks from the company.
Self-assessment of PBR and share pricePBR has remained below 1x, at 0.4–0.6x. The target is a PBR of 1x or higher.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Growth through M&A
02Growth driven by the power to “Create”
03Upfront Investment
04Expand into overseas markets
05Initiatives related to funds
06Return the power to “Create”
07Expand the power to “Create”
08Connect the power to “Create”
09Strengthen the power to “Create”
Plan assumptionsMatters concerning the future are based on information currently available and certain assumptions deemed reasonable. Specific assumptions: Not disclosed.
Risks identified by the company
The possibility that future business performance and other factors may fluctuate due to various factors
Reason for revision or withdrawal
The company analyzed and assessed the current situation and updated the content. To achieve a PBR of 1x or higher, it will enhance earning power, growth expectations and confidence.
| Item | Details |
|---|---|
| Plan name | Fourth Medium-Term Management Plan: “A Corporate Group Taking on the Future with the Power to ‘Create’” |
| Progress against the plan | Partially revised |
| Sales Target | Not disclosed → ¥27.0 billion |
| ROE target | Fiscal year ending August 2026: 4.0% (most recent result) → More than 8% |
| Cost of capital | 8–9% (estimated cost of equity), calculated value: 8.73% |
| Self-assessment of PBR and share price | PBR has remained below 1x, at 0.4–0.6x. The target is a PBR of 1x or higher. |
| Investment amount by sector | Field M&A Investment / Amount ¥5 billion, Field Upfront Investment / Amount ¥1 billion |
| Plan assumptions | Matters concerning the future are based on information currently available and certain assumptions deemed reasonable. Specific assumptions: Not disclosed. |
| Key initiatives | Growth through M&A, Growth driven by the power to “Create”, Upfront Investment, Expand into overseas markets, Initiatives related to funds, Return the power to “Create”, Expand the power to “Create”, Connect the power to “Create”, Strengthen the power to “Create” |
| Reason for revision or withdrawal | The company analyzed and assessed the current situation and updated the content. To achieve a PBR of 1x or higher, it will enhance earning power, growth expectations and confidence. |
| Risks identified | The possibility that future business performance and other factors may fluctuate due to various factors |
| Date of board resolution | 15 October 2026 |
| Publication date | 15 October 2026 |
Items this document does not state (12)
Plan periodOperating profit targetOperating profit margin targetNet income targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyTotal investment planSegment targetNon-financial targetsResults under the previous planSize of the Target Market
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 company analyzed and assessed the current situation and updated the content. The stated aim is to enhance earning power, growth expectations and confidence in order to achieve a PBR of 1x or higher.
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.