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Mitsubishi Research Institute (3636) · InitiativeReframedLatest Earnings (2026-07-29): "Restated"

Clarification of Growth and Core Businesses and Reform of Resource Allocation

First written in FY2017. 14 of 22 entries say "Restated". Latest entry: 2026-07-29.

22entries
10years
2from disclosures
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How it moved
ProgressHeldSoftenedWorseRestatedFY2017 – FY2019-Q3RestatedFY2021-Q1 – FY2023-Q3RestatedFY2024-Q2 – FY2025-H12017: 12018: 020182019: 420192020: 320202021: 320212022: 220222023: 220232024: 320242025: 120252026: 32026
Same theme, other companies
Strengthening the earnings base through the selective allocation and concentration of management resourcesA theme 177 companies write about · 0 as a headwind · 185 as a tailwind

57 other companies' latest entry also says "Restated".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 177 companies compared. The sentences above are computed from all 177.
Full recordFilings, disclosures and news, newest first
  1. FY2026-H1ReframedAnnual report

    「The current consolidated fiscal year is positioned as a year for business restructuring in preparation for formulating the next medium-term management plan, scheduled to begin in the fiscal year ending September 2027. Against this backdrop, the Company is laying the foundation for steady future growth by pursuing selection and concentration in both the TTC and ITS segments and clarifying and narrowing the areas targeted for synergies between the two segments.」

    The explanation of reforms to resource allocation between growth businesses and core businesses has been reorganized around business restructuring toward the next medium-term plan, with a focus on selection and concentration in both the TTC and ITS segments and clarifying and narrowing the areas for synergies.
  2. FY2025-H1RestatedAnnual report

    「The current consolidated fiscal year is the second year of Medium-Term Management Plan 2026 (Plan 2026), marking the midpoint of the overall plan period. Under the Group’s management philosophy, Plan 2026 aims to expand 3 forms of value—financial, non-financial and social—while increasing scale through growth in the DX business, improving profitability through qualitative reform of core businesses, and accelerating the transformation of the business portfolio by developing and expanding next-generation businesses.」

    The Company stated that Plan 2026 had entered its second year and midpoint, and reaffirmed its resource allocation policy of expanding the scale of the DX business, improving the profitability of core businesses, and transforming the portfolio through next-generation businesses.
  3. FY2024RestatedAnnual report

    「The Group continues to pursue an ambidextrous management approach, investing in growth businesses while expanding earnings from core businesses and developing the next generation of core businesses over the medium to long term.」

    The Company reaffirmed its resource allocation policy of balancing earnings growth from core businesses with investment in growth businesses to transform the business portfolio.
  4. FY2024-Q2RestatedAnnual report

    「The current consolidated fiscal year is the first year of Medium-Term Management Plan 2026 (Plan 2026). Under the Group’s management philosophy, Plan 2026 aims to expand 3 forms of value—financial, non-financial and social—while increasing scale through growth in the DX business, improving profitability through qualitative reform of core businesses, and accelerating the transformation of the business portfolio by developing and expanding next-generation businesses.」

    As the first year of Plan 2026, the Company reaffirmed its policy of expanding the 3 forms of value, increasing the scale of the DX business, improving the profitability of core businesses, and transforming the portfolio through next-generation businesses.
  5. FY2024-Q1ReframedAnnual report

    「The current consolidated fiscal year is the first year of Medium-Term Management Plan 2026 (Plan 2026). Beginning with the start of the previous Plan 2023 and covering the 9 years through 2030, the plan is divided into 3 stages of 3 years each, named “Hop,” “Step” and “Jump”; the current year corresponds to the “Step” stage. In particular, in its business strategy, the Company is defining strategic areas along the 3 business axes of social and public innovation, digital innovation and financial systems innovation, while further strengthening sales and consulting collaboration with Mitsubishi Research Institute DCS, Inc., which serves as a core company of the Company and its subsidiaries.」

    The previous explanation centered on the distinction between growth businesses and core businesses has been reorganized into a strategy centered on the 9-year, 3-stage “Step” framework of Plan 2026 and the 3 business axes of social and public innovation, digital innovation and financial systems innovation.
  6. FY2023ReframedAnnual report

    「To promote these business strategies across the Group, the Company will define strategic areas centered on the business axis and advance 4 businesses: think tank; social and public innovation; digital innovation; and financial systems innovation.」

    The previous portfolio explanation based on the distinction between growth businesses and core businesses has been reorganized into a strategy centered on the 4 business areas under Medium-Term Management Plan 2026.
  7. FY2023-Q3RestatedAnnual report

    「The current consolidated fiscal year is the final year, or third year, of Medium-Term Management Plan 2023 (Plan 2023). Based on the results and challenges of the past 2 years, the Company is working toward further growth. Specifically, it is enhancing the value delivered by the Group’s core research and consulting and financial solutions businesses, strengthening its policy recommendation function as a think tank, and making upfront investments in growth areas including DX, stock-based and overseas businesses.」

    As the final year of Plan 2023, the Company is continuing its business portfolio policy of strengthening the value delivered and policy recommendation functions of core businesses and making upfront investments in DX, stock-based and overseas businesses.
  8. FY2022-Q2RestatedAnnual report

    「Specifically, while enhancing the value delivered by our core research and consulting business and financial solutions business, we are strengthening our policy recommendation function as a think tank and making upfront investments in growth areas such as the DX business, subscription-based businesses and overseas businesses.」

    The Company reaffirmed its resource allocation policy of strengthening the value delivered and policy recommendation functions of core businesses and making upfront investments in growth areas such as DX, stock-based and overseas businesses.
  9. FY2022-Q1RestatedAnnual report

    「Specifically, while enhancing the value delivered by our core research and consulting business and financial solutions business, we are strengthening our policy recommendation function as a think tank and making upfront investments in growth areas such as the DX business, subscription-based businesses and overseas businesses.」

    The Company reaffirmed its policy of distinguishing between core businesses and growth areas, strengthening the value delivered and policy recommendation functions of core businesses while making upfront investments in DX, stock-based and overseas businesses.
  10. FY2021-Q3RestatedAnnual report

    「The current consolidated fiscal year is the first year of Medium-Term Management Plan 2023 (the “Plan 2023”). The Company has positioned its research and consulting business and financial solutions business as core businesses, and its DX (digital transformation), stock-based (standard services leveraging intellectual assets) and overseas businesses as growth businesses, and is advancing initiatives for steady growth during the Plan 2023 period.」

    Regarding the business portfolio, the Company reaffirmed the classification of research and consulting and financial solutions as core businesses, and DX, stock-based and overseas businesses as growth businesses.
  11. FY2021-Q2RestatedAnnual report

    「The current consolidated fiscal year is the first year of Medium-Term Management Plan 2023 (the “Plan 2023”). The Company has positioned its research and consulting business and financial solutions business as core businesses, and its DX (digital transformation), stock-based (standard services leveraging intellectual assets) and overseas businesses as growth businesses, and is advancing initiatives for steady growth during the Plan 2023 period.」

    As the first year of Plan 2023, the Company reaffirmed its business portfolio of research and consulting and financial solutions as core businesses, and DX, stock-based and overseas businesses as growth businesses.
  12. FY2021-Q1RestatedAnnual report

    「The current consolidated fiscal year is the first year of Medium-Term Management Plan 2023 (Plan 2023). The Company has positioned its research and consulting business and financial solutions business as core businesses, and its DX, stock-based (standard services leveraging intellectual assets) and overseas businesses as growth businesses, and is advancing initiatives for steady growth during the Plan 2023 period.」

    The Company reaffirmed its business portfolio of research and consulting and financial solutions as core businesses, and DX, stock-based and overseas businesses as growth businesses.
  13. FY2020AdvancedAnnual report

    「Under Medium-Term Management Plan 2020, the Company adopted “sustainable growth of people and organizations” as its basic policy and pursued 3 major reforms in its business portfolio, business model and work styles.」

    For the three-year Medium-Term Management Plan 2020, the Company implemented reforms including the distinction between growth businesses and core businesses, stock-based services, and human resources systems and remote work, and stated that the 3 major reforms largely achieved their targets.
  14. FY2020-Q3ReframedAnnual report

    「In businesses in the public,公益 and financial and card fields positioned as core businesses, the Company developed research and studies in the energy, healthcare and wellness, and information and communications fields, reflecting policy innovations such as electricity system reform, healthcare and long-term care insurance reform, and regional revitalization. In businesses leveraging new technologies positioned as growth businesses, the Company continues to provide support for innovation and advancement in corporate management and government services through consulting using AI, IoT and cloud technologies, as well as ICT-related services.」

    The Company explicitly identified the information and communications field instead of the previous transportation and logistics field as a core business, while continuing consulting and ICT-related services using AI, IoT and cloud technologies as growth businesses.
  15. FY2020-Q2RestatedAnnual report

    「In businesses in the public,公益 and financial and card fields positioned as core businesses, the Company developed research and studies in the energy, healthcare and wellness, and transportation and logistics fields, reflecting policy innovations such as electricity system reform, healthcare and long-term care insurance reform, and regional revitalization. In businesses leveraging new technologies positioned as growth businesses, the Company continues to provide support for innovation and advancement in corporate management and government services through consulting using AI, IoT and cloud technologies, as well as ICT-related services.」

    The Company reiterated its policy of distinguishing between core businesses and growth businesses, with public,公益 and financial and card businesses as core businesses and businesses using AI, IoT and cloud technologies as growth businesses.
  16. FY2019AdvancedAnnual report

    「With the end of the second year of the plan, expansion of existing businesses and development of new businesses through the 3 reforms made steady progress. However, the impact of a quality-related issue that arose in the previous consolidated fiscal year made it difficult to achieve the initially established financial targets. Nevertheless, as seen in the performance of the think-tank and consulting services segment, the Company feels that the reforms are producing tangible results and will maintain their direction.」

    Following the end of the second year of the medium-term plan, the Company described progress in reforms including the business portfolio and the development of new businesses. Meanwhile, it stated that achieving the financial targets would be difficult because of the quality-related issue.
  17. FY2019-Q3RestatedAnnual report

    「In businesses leveraging new technologies positioned as growth businesses, the Company developed businesses supporting innovation and advancement in corporate management and government services through consulting using AI (artificial intelligence), IoT* and cloud technologies, as well as ICT-related services. Meanwhile, in the public,公益 and social infrastructure fields positioned as core businesses, the Company advanced business development responsive to needs in an economic and social environment undergoing large-scale structural change.」

    Under the business portfolio policy distinguishing between growth businesses and core businesses, the Company stated that it advanced business development in new-technology businesses as growth businesses and in the public,公益 and social infrastructure fields as core businesses.
  18. FY2019-Q2RestatedAnnual report

    「In businesses using new technologies identified as growth businesses, the Group developed businesses supporting innovation and upgrading in corporate management and public services through consulting and ICT-related services using AI (artificial intelligence), IoT* and the cloud.」

    Under the medium-term management plan’s business portfolio policy of distinguishing between growth businesses and core businesses, the Company stated that it developed businesses leveraging new technologies as growth businesses.
  19. FY2019-Q1RestatedAnnual report

    「In businesses using new technologies identified as growth businesses, the Group developed businesses supporting innovation and upgrading in corporate management and public services through consulting and ICT-related services using AI (artificial intelligence), IoT* and the cloud.」

    Under the medium-term management plan’s business portfolio policy of distinguishing between growth businesses and core businesses, the Company stated that it developed businesses leveraging new technologies as growth businesses.
  20. FY2017First statedAnnual report

    「The Group will further clarify its businesses as “growth businesses” and “core businesses,” and allocate personnel, R&D expenses and other resources selectively in line with its business portfolio.」

    The Company newly set out reforms to classify its businesses as growth businesses and core businesses and allocate personnel, R&D expenses and other resources according to the business portfolio.
Moved together

"Risk of Unprofitable System Development" moved the same way as this thread, in the same document, in 4 of its 22 moves.

433322★123456
  1. ★This thread
  2. 1Risk of Unprofitable System Development4×
  3. 2Sluggish and uncertain economic conditions in Japan and overseas3×
  4. 3Fundamental Business Reform in Research, Consulting and Financial Solutions3×
  5. 4Russia’s Invasion of Ukraine and Geopolitical Risks3×
  6. 5Business Development to Address New Social Needs2×
  7. 6Research and development of AI, robotics, cloud and other technologies and their deployment as services2×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
Mitsubishi Research Institute's next results are scheduled for 2026-11-04. Read the earnings preview It last moved in the Earnings of 2026-07-29: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Clarification of Growth and Core Businesses and Reform of Resource Allocation | Mitsubishi Research Institute,Inc. (3636) | Komori