Worth reading
46Recurring
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
Date of board resolution29 October 2026
Publication date29 October 2026
ROE-2,021.0pt
基準 2,026Target5％
ROIC-2,021.0pt
基準 2,026Target5％
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).
Statements about the use of capital
Payout ratio / DOE policyThe target payout ratio is at least 20%. The applicable period is Not disclosed. No dividend will be paid for the current fiscal year due to the posting of a net loss, with the aim of returning to profitability at an early stage and resuming stable dividend payments.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Cost of capital7–8% (assumed cost of capital expected by investors)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 was 0.66x as of the end of August 2026, below 1x and down from 0.88x in the previous year, indicating that the stock market's assessment remains harsh. The target is PBR of at least 1x.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Execution of growth strategy
02Fandom strategy: strengthening the app business's fandom, creating synergies with new fields, and allocating resources
03Hit IP strategy: expanding new fields (digital comics and consumer games) and creating powerful IP
04Improve capital efficiency while maintaining an appropriate level of equity capital
05Improve the investment cycle by reviewing or scaling back low-profitability businesses
06Increase management executives' awareness of the share price by adopting performance-linked and stock-based compensation in executive remuneration
07Enhance various incentives and training, and support employees in obtaining qualifications
08Acquire new knowledge and skills through reskilling and deploy human resources in growth fields
09Proactively return profits to shareholders through dividends
10Continue the attractive shareholder benefits program
11Continue holding earnings briefings
12Update earnings presentation materials and the IR website
13Proactively disclose information to individual investors and promote dialogue with them
14Establish an IR contact desk
15Continue reviewing the IR website to improve investor convenience
16Proactively disclose initiatives related to ESG and sustainability
Plan assumptionsAssuming a cost of capital expected by investors of 7–8%
Segment targetSegment New-field businesses (digital comics and consumer games) / Indicator Sales mix / Latest results 13.3% (fiscal year ended June 2026) / Target 20％ / Target timing Not disclosed
| Item | Details |
|---|---|
| ROE target | -3.64% (actual for the fiscal year ended June 2026) → 5% (interim target) |
| ROIC target | -5.14% (actual for the fiscal year ended June 2026) → 5% (interim target) |
| Payout ratio / DOE policy | The target payout ratio is at least 20%. The applicable period is Not disclosed. No dividend will be paid for the current fiscal year due to the posting of a net loss, with the aim of returning to profitability at an early stage and resuming stable dividend payments. |
| Cost of capital | 7–8% (assumed cost of capital expected by investors) |
| Self-assessment of PBR and share price | PBR was 0.66x as of the end of August 2026, below 1x and down from 0.88x in the previous year, indicating that the stock market's assessment remains harsh. The target is PBR of at least 1x. |
| Segment target | Segment New-field businesses (digital comics and consumer games) / Indicator Sales mix / Latest results 13.3% (fiscal year ended June 2026) / Target 20％ / Target timing Not disclosed |
| Plan assumptions | Assuming a cost of capital expected by investors of 7–8% |
| Key initiatives | Execution of growth strategy, Fandom strategy: strengthening the app business's fandom, creating synergies with new fields, and allocating resources, Hit IP strategy: expanding new fields (digital comics and consumer games) and creating powerful IP, Improve capital efficiency while maintaining an appropriate level of equity capital, Improve the investment cycle by reviewing or scaling back low-profitability businesses, Increase management executives' awareness of the share price by adopting performance-linked and stock-based compensation in executive remuneration, Enhance various incentives and training, and support employees in obtaining qualifications, Acquire new knowledge and skills through reskilling and deploy human resources in growth fields, Proactively return profits to shareholders through dividends, Continue the attractive shareholder benefits program, Continue holding earnings briefings, Update earnings presentation materials and the IR website, Proactively disclose information to individual investors and promote dialogue with them, Establish an IR contact desk, Continue reviewing the IR website to improve investor convenience, Proactively disclose initiatives related to ESG and sustainability |
| Date of board resolution | 29 October 2026 |
| Publication date | 29 October 2026 |
Items this document does not state (15)
Plan namePlan periodProgress against the planSales TargetOperating profit targetOperating profit margin targetNet income targetTreasury share acquisition policyTotal investment planInvestment amount by sectorNon-financial targetsResults under the previous planReason for revision or withdrawalSize of the Target MarketRisks identified
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.To fully implement the transition of the business portfolio toward three core pillars, namely apps, digital comics and consumer games, and further accelerate growth in new-field businesses. In addition, because the Company raises funds from the capital markets, it is essential to establish a structure capable of securing sustainable returns based on the 7–8% cost of capital expected by investors.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.