Worth reading
42Recurring
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
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Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Items stated in the management plan
Publication date31 March 2026
This document does not state the plan name, plan period, or numerical targets.
What happened to the previous planCAGR for existing businesses: 10–15% → Most recent: 10%-33.3%Calculated from the two disclosed figures
Statements about the use of capital
Self-assessment of PBR and share priceAverage closing price of ¥760 from 5 January to 31 March 2026. PBR: Not disclosedPBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Strengthening the foundation
02Strengthening solidarity
03Next-generation music and video experiences
04Global reach
05PMP advertising frontrunner
06Boutique-style advertising services
07Expansion of Trig’s solutions
08Expansion of IP-related businesses
09Expansion of success-fee-based businesses
10Investment in new product development
11From the domestic market to global markets
Plan assumptionsAverage closing price of ¥760.77 from January to March 2026, the ¥1,000 million listing maintenance criterion for market capitalization of tradable shares, and 1,314,448 tradable shares required for compliance.
Non-financial targetsThe number of shareholders is expected to triple, based on an estimate of the cost of introducing a shareholder benefit program.
Size of the Target MarketOverseas sales of Japan’s content industry: ¥5.8 trillion in 2023, with a government target of ¥30.0 trillion in 2033. Content industry exports by sector amounted to ¥1.6 trillion in 2023. Sources: Ministry of Economy, Trade and Industry, “Entertainment and Creative Industries Strategy” (June 2025); Cabinet Office, “New Cool Japan Strategy” (June 2024).
Risks identified by the company
The conversion of shares into tradable shares has not been finalized by the TSE.
The number of tradable shares has not yet been determined.
Delisting effective 1 October 2026 if the company fails to meet the listing maintenance criteria.
Reason for revision or withdrawal
As of today, the Tokyo Stock Exchange is unable to confirm compliance with the listing maintenance criterion for market capitalization of tradable shares on the TSE Standard Market.
| Item | Details |
|---|---|
| Self-assessment of PBR and share price | Average closing price of ¥760 from 5 January to 31 March 2026. PBR: Not disclosed |
| Non-financial targets | The number of shareholders is expected to triple, based on an estimate of the cost of introducing a shareholder benefit program. |
| Plan assumptions | Average closing price of ¥760.77 from January to March 2026, the ¥1,000 million listing maintenance criterion for market capitalization of tradable shares, and 1,314,448 tradable shares required for compliance. |
| Key initiatives | 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, Expansion of success-fee-based businesses, Investment in new product development, From the domestic market to global markets |
| Results under the previous plan | CAGR for existing businesses: 10–15% → Most recent: 10% |
| Reason for revision or withdrawal | As of today, the Tokyo Stock Exchange is unable to confirm compliance with the listing maintenance criterion for market capitalization of tradable shares on the TSE Standard Market. |
| Size of the Target Market | Overseas sales of Japan’s content industry: ¥5.8 trillion in 2023, with a government target of ¥30.0 trillion in 2033. Content industry exports by sector amounted to ¥1.6 trillion in 2023. Sources: Ministry of Economy, Trade and Industry, “Entertainment and Creative Industries Strategy” (June 2025); Cabinet Office, “New Cool Japan Strategy” (June 2024). |
| Risks identified | The conversion of shares into tradable shares has not been finalized by the TSE., The number of tradable shares has not yet been determined., Delisting effective 1 October 2026 if the company fails to meet the listing maintenance criteria. |
| Publication date | 31 March 2026 |
Items this document does not state (16)
Plan namePlan periodProgress against the planSales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalTotal investment planInvestment amount by sectorSegment targetDate 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 Tokyo Stock Exchange is currently unable to confirm compliance with the TSE Standard Market’s listing maintenance criteria for market capitalization of tradable shares.
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.