Worth reading
80Important
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
15
% (medium-term annual growth target)Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
Annual updateWhat happened to the previous planCAGR for existing businesses: 10–15%, most recently 10%
Statements about the use of capital
Self-assessment of PBR and share priceDoes not meet the market capitalization of tradable shares criterion. Based on an estimate using the average share price from January to March 2026, the share price required to meet the criterion would be ¥743 if the number of tradable shares increased by 240,000, and ¥687 if it increased by 350,000.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Proceeding with discussions involving major shareholders to improve share liquidity
02Making concrete preparations for a dual listing on another exchange
03Strengthening the foundation
04Strengthening solidarity
05Next-generation music and video experiences
06Global reach
07PMP advertising frontrunner
08Boutique-style advertising services
09Expansion of Trig’s solutions
10Expansion of IP-related businesses
11Diversification of the business model
12Expansion of success-fee-based businesses
13Investment in new product development
Plan assumptionsThe market capitalization of tradable shares is calculated as the share price (average share price from January to March 2026) multiplied by the number of tradable shares as of 31 March. The required share price is ¥743 if the number of tradable shares increases by 240,000 and ¥687 if it increases by 350,000. The estimated average share price would be ¥748 if the share price remains at ¥608 through 31 March.
Non-financial targetsAt least 400 shareholders (TSE Standard Market continued listing criterion)
Size of the Target MarketOverseas sales of Japan’s content industry: ¥1.0 trillion in 2010, ¥5.8 trillion in 2023, with a government target of ¥30.0 trillion in 2033. Export value by industry in 2023: content, ¥1.6 trillion; semiconductors, ¥5.8 trillion; steel, ¥5.5 trillion; and petrochemicals, ¥4.8 trillion. Sources: Ministry of Economy, Trade and Industry, “Strategy for the Entertainment and Creative Industries” (June 2025); Cabinet Office, “New Cool Japan Strategy” (June 2024).
Risks identified by the company
Forecast figures and actual results may differ
| Item | Details |
|---|---|
| Plan name | Aiming for annual growth of at least 15% over the medium term (25/11 IR DAY materials and progress) |
| Plan period | 2015–2030 (as shown in the chart) |
| Progress against the plan | Annual update |
| Self-assessment of PBR and share price | Does not meet the market capitalization of tradable shares criterion. Based on an estimate using the average share price from January to March 2026, the share price required to meet the criterion would be ¥743 if the number of tradable shares increased by 240,000, and ¥687 if it increased by 350,000. |
| Non-financial targets | At least 400 shareholders (TSE Standard Market continued listing criterion) |
| Plan assumptions | The market capitalization of tradable shares is calculated as the share price (average share price from January to March 2026) multiplied by the number of tradable shares as of 31 March. The required share price is ¥743 if the number of tradable shares increases by 240,000 and ¥687 if it increases by 350,000. The estimated average share price would be ¥748 if the share price remains at ¥608 through 31 March. |
| Key initiatives | Proceeding with discussions involving major shareholders to improve share liquidity, Making concrete preparations for a dual listing on another exchange, Strengthening the foundation, Strengthening solidarity, Next-generation music and video experiences, Global reach, PMP advertising frontrunner, Boutique-style advertising services, Expansion of Trig’s solutions, Expansion of IP-related businesses, Diversification of the business model, Expansion of success-fee-based businesses, Investment in new product development |
| Results under the previous plan | CAGR for existing businesses: 10–15%, most recently 10% |
| Size of the Target Market | Overseas sales of Japan’s content industry: ¥1.0 trillion in 2010, ¥5.8 trillion in 2023, with a government target of ¥30.0 trillion in 2033. Export value by industry in 2023: content, ¥1.6 trillion; semiconductors, ¥5.8 trillion; steel, ¥5.5 trillion; and petrochemicals, ¥4.8 trillion. Sources: Ministry of Economy, Trade and Industry, “Strategy for the Entertainment and Creative Industries” (June 2025); Cabinet Office, “New Cool Japan Strategy” (June 2024). |
| Risks identified | Forecast figures and actual results may differ |
| Publication date | 23 March 2026 |
Items this document does not state (14)
Sales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalTotal 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.This material summarizes the company’s latest IR disclosures in an easy-to-understand format to deepen the understanding of shareholders and investors, and explains measures to increase the market capitalization of tradable shares, initiatives to enhance corporate value, and the company’s recent business performance. Regarding the increase in the number of tradable shares, the company is holding discussions involving major shareholders on measures to improve share liquidity and preparing for a dual listing on another exchange in order to meet the continued listing criteria.
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.