Worth reading
51Recurring
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
21.7
% (year-on-year revenue growth rate)Wording
Conditional
How definitive the wording is.Items stated in the management plan
Annual updateNet Sales+21.8%
基準 9,856Target12,000million
Operating profit+19.4%
基準 754Target900million
Net income for the current fiscal year+16.1%
基準 517Target600million
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. The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
Operating profit margin7.7 % → Not disclosed
Only the target level is shown because the current level for comparison was not provided.What happened to the previous planNet Sales 9,845 / Operating profit 581 / Net income for the current fiscal year 386 → Net Sales 9,856 / Operating profit 754 / Net income for the current fiscal year 517（Net Sales Achievement rate: 100% / Operating profit Achievement rate: 130% / Net income for the current fiscal year Achievement rate: 134%）
Statements about the use of capital
Payout ratio / DOE policyFor the fiscal year ending December 2026, the Company plans to pay a dividend of ¥6.0 per share, representing a payout ratio of 10.1%. For the fiscal year ended December 2025, the dividend was ¥5.0 per share and the payout ratio was 9.8%. DOE: Not disclosed.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Accelerate the shift toward corporate customers and establish a hybrid sales model
02Rapidly and substantially increase inventory of fan-equipped workwear
03Continue developing the clinic market through scrubs jointly developed with Mizuno
04Value Enhancement
05Concentrate investment in equipment
06Expand the organization (toward a workforce of 200)
07Deepen HR activities
08Introduce AI tools Company-wide
Plan assumptionsThe economic, social and other conditions generally recognized at present, and certain assumptions that the Company considers reasonable. Specific numerical assumptions: Not disclosed.
Segment targetSegment name Retail Sales (e-commerce site) segment / Sales target ¥10.25 billion (+¥1.7 billion, up 20% year on year) / Profit Target Not disclosed, Segment name Wholesale segment / Sales target ¥1.75 billion (+¥400 million, up 33% year on year) / Profit Target Not disclosed
Non-financial targetsIndicator name Number of employees / Target value Workforce of 200 (net increase of approximately 40 Company-wide) / Timing Business plan for the fiscal year ending December 2026
Size of the Target MarketMarket Uniform market for working, service and office use (excluding school uniforms) / Scale ¥389.5 billion (on a manufacturers' shipment basis) / Source Yano Research Institute, Uniform Market Annual 2024, Market Products handled by the Company, excluding specialized uniforms / Scale Approximately ¥200–240 billion / Source Company estimate (based on Yano Research Institute, Uniform Market Annual 2024), Market Market for small and medium-sized businesses / Scale Approximately ¥110 billion (on a manufacturers' shipment basis), or approximately ¥180 billion on a retail price basis / Source Company estimate (based on the Ministry of Internal Affairs and Communications' Establishment and Enterprise Census and other sources), Market Overall B2B e-commerce penetration rate / Scale 35.6% / Source Ministry of Economy, Trade and Industry, Report on the Development of Infrastructure for a Data-Driven Society in Japan (Market Survey on Electronic Commerce), Market E-commerce penetration rate in the occupational uniform industry / Scale Estimated at approximately 17% / Source Ministry of Economy, Trade and Industry, Report on the Development of Infrastructure for a Data-Driven Society in Japan (Market Survey on Electronic Commerce), and other sources
Risks identified by the company
Item Dependence on the internet / Likelihood of materialization Low / Timing Medium- to Long-Term Outlook / Impact Medium
Item Impact of extreme weather / Likelihood of materialization Medium / Timing Short term / Impact High
| Item | Details |
|---|---|
| Plan name | Business Plan for the Fiscal Year Ending December 2026 |
| Plan period | Fiscal year ending December 2026 |
| Progress against the plan | Annual update |
| Sales Target | ¥9,856 million → ¥12,000 million（21.7%） |
| Operating profit target | ¥754 million → ¥900 million（19.3%） |
| Operating profit margin target | 7.7 % → Not disclosed |
| Net income target | ¥517 million → ¥600 million（15.9%） |
| Payout ratio / DOE policy | For the fiscal year ending December 2026, the Company plans to pay a dividend of ¥6.0 per share, representing a payout ratio of 10.1%. For the fiscal year ended December 2025, the dividend was ¥5.0 per share and the payout ratio was 9.8%. DOE: Not disclosed. |
| Segment target | Segment name Retail Sales (e-commerce site) segment / Sales target ¥10.25 billion (+¥1.7 billion, up 20% year on year) / Profit Target Not disclosed, Segment name Wholesale segment / Sales target ¥1.75 billion (+¥400 million, up 33% year on year) / Profit Target Not disclosed |
| Non-financial targets | Indicator name Number of employees / Target value Workforce of 200 (net increase of approximately 40 Company-wide) / Timing Business plan for the fiscal year ending December 2026 |
| Plan assumptions | The economic, social and other conditions generally recognized at present, and certain assumptions that the Company considers reasonable. Specific numerical assumptions: Not disclosed. |
| Key initiatives | Accelerate the shift toward corporate customers and establish a hybrid sales model, Rapidly and substantially increase inventory of fan-equipped workwear, Continue developing the clinic market through scrubs jointly developed with Mizuno, Value Enhancement, Concentrate investment in equipment, Expand the organization (toward a workforce of 200), Deepen HR activities, Introduce AI tools Company-wide |
| Results under the previous plan | Net Sales 9,845 / Operating profit 581 / Net income for the current fiscal year 386 → Net Sales 9,856 / Operating profit 754 / Net income for the current fiscal year 517（Net Sales Achievement rate: 100% / Operating profit Achievement rate: 130% / Net income for the current fiscal year Achievement rate: 134%） |
| Size of the Target Market | Market Uniform market for working, service and office use (excluding school uniforms) / Scale ¥389.5 billion (on a manufacturers' shipment basis) / Source Yano Research Institute, Uniform Market Annual 2024, Market Products handled by the Company, excluding specialized uniforms / Scale Approximately ¥200–240 billion / Source Company estimate (based on Yano Research Institute, Uniform Market Annual 2024), Market Market for small and medium-sized businesses / Scale Approximately ¥110 billion (on a manufacturers' shipment basis), or approximately ¥180 billion on a retail price basis / Source Company estimate (based on the Ministry of Internal Affairs and Communications' Establishment and Enterprise Census and other sources), Market Overall B2B e-commerce penetration rate / Scale 35.6% / Source Ministry of Economy, Trade and Industry, Report on the Development of Infrastructure for a Data-Driven Society in Japan (Market Survey on Electronic Commerce), Market E-commerce penetration rate in the occupational uniform industry / Scale Estimated at approximately 17% / Source Ministry of Economy, Trade and Industry, Report on the Development of Infrastructure for a Data-Driven Society in Japan (Market Survey on Electronic Commerce), and other sources |
| Risks identified | Item Dependence on the internet / Likelihood of materialization Low / Timing Medium- to Long-Term Outlook / Impact Medium, Item Impact of extreme weather / Likelihood of materialization Medium / Timing Short term / Impact High |
| Publication date | March 2026 (specific date: Not disclosed) |
Items this document does not state (9)
ROE targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorReason 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 Company will accelerate its shift toward corporate customers and establish a hybrid sales model to acquire corporate customers and build up high-value, large-scale projects. Growth initiatives also include expanding inventory of fan-equipped workwear, building on the success of the previous fiscal year, and strengthening sales of scrubs jointly developed with Mizuno.
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.