Worth reading
33Immaterial
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
160
¥100 million (target range: ¥16–20 billion)Wording
Conditional
How definitive the wording is.Items stated in the management plan
Annual updateStatements about the use of capital
Payout ratio / DOE policyContinuation and enhancement of shareholder returns. Specific payout ratio and DOE figures and the applicable period are Not disclosedThe payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Self-assessment of PBR and share priceThe Company explained that the market capitalization of tradable shares is below the continued listing criteria. As of the end of January 2026, the market capitalization of tradable shares was ¥9.04 billion, and the average closing price of common shares from November 2025 through January 2026 used in the calculation was ¥438.64.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Promote continuous enhancement of corporate value under the new management policy
02Establish the most important KPI, adjusted EPS, and implement measures for continued growth
03① Business expansion
04② Strengthen IR and public relations activities
05③ Continue and enhance shareholder returns
06Engagement with institutional investors and analysts
07Enhance information disclosure
08Increase communication of information about the Company’s businesses
09Increase media coverage and exposure
Plan assumptionsThe market capitalization of tradable shares is calculated by multiplying the number of tradable shares as of the end of January 2026 by the average closing price of common shares from November 2025 through January 2026, ¥438.64.
Risks identified by the company
If compliance cannot be confirmed during the improvement period through the end of January 2027, the Company may be designated as a security under supervision (confirmation pending).
If compliance still cannot be confirmed thereafter, the Company may be designated as a security subject to delisting and delisted on 1 August 2027.
The Company will also consider options such as changing its market segment.
| Item | Details |
|---|---|
| Plan name | Plan for Compliance with Continued Listing Criteria |
| Plan period | Based on the plan submitted on 26 April 2024, through 31 January 2027 (improvement period) |
| Progress against the plan | Annual update |
| Payout ratio / DOE policy | Continuation and enhancement of shareholder returns. Specific payout ratio and DOE figures and the applicable period are Not disclosed |
| Self-assessment of PBR and share price | The Company explained that the market capitalization of tradable shares is below the continued listing criteria. As of the end of January 2026, the market capitalization of tradable shares was ¥9.04 billion, and the average closing price of common shares from November 2025 through January 2026 used in the calculation was ¥438.64. |
| Plan assumptions | The market capitalization of tradable shares is calculated by multiplying the number of tradable shares as of the end of January 2026 by the average closing price of common shares from November 2025 through January 2026, ¥438.64. |
| Key initiatives | Promote continuous enhancement of corporate value under the new management policy, Establish the most important KPI, adjusted EPS, and implement measures for continued growth, ① Business expansion, ② Strengthen IR and public relations activities, ③ Continue and enhance shareholder returns, Engagement with institutional investors and analysts, Enhance information disclosure, Increase communication of information about the Company’s businesses, Increase media coverage and exposure |
| Risks identified | If compliance cannot be confirmed during the improvement period through the end of January 2027, the Company may be designated as a security under supervision (confirmation pending)., If compliance still cannot be confirmed thereafter, the Company may be designated as a security subject to delisting and delisted on 1 August 2027., The Company will also consider options such as changing its market segment. |
| Publication date | 30 April 2026 |
Items this document does not state (16)
Sales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetTreasury share acquisition policyCost of capitalTotal investment planInvestment amount by sectorSegment targetNon-financial targetsResults under the previous planReason for revision or withdrawalSize of the Target MarketDate 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.To increase the market capitalization of tradable shares, ensure compliance with the Prime Market’s continued listing criteria, and achieve a substantial increase in corporate value. The Company will also consider changing its market segment as an option, in order to assess the status of improvements and minimize shareholder concerns.
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.