Komori
Management planning3807FISCO Ltd.Information and Communications, Services and Others

Business Plan and Growth Potential

The business plan presented for the previous fiscal year was put on hold, with priority given to restoring profitability, and initiatives related to crypto assets and the value enhancement of FSCC were discontinued. For the fiscal year ending December 2026, the Company presented a plan targeting revenue of ¥836 million, operating profit of ¥20 million, net income of ¥18 million, and 575 IR support companies, supported by continued acquisition of new customers and additional cost reductions.

Worth reading
56In focus
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
20
Million yen (operating profit target for the fiscal year ending December 2026)
Wording
Avoiding a definitive answer
How definitive the wording is.

Items stated in the management plan

Annual update
Business PlanPlan period Fiscal year ending December 2026
Publication date 26 March 2026
Net Sales+0.0%
基準 2,025Target2,026million
Operating profit+0.0%
基準 2,025Target2,026million
Net income for the current fiscal year+0.0%
基準 2,025Target2,026million

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. The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.

Operating profit marginMedium-term KPI target: 15% or higher → Not disclosed
Only the target level is shown because the current level for comparison was not provided.
What happened to the previous planInitial targets for fiscal 2025: revenue of ¥887 million, operating profit of ¥30 million, and 480 IR support companies → Actual results for fiscal 2025: revenue of ¥842 million, operating profit of ¥4 million, and 490 IR support companies0.0%Calculated from the two disclosed figures
Statements about the use of capital
Payout ratio / DOE policyResume dividend payments in the fiscal year ending December 2026. Numerical targets for the payout ratio and DOE: not disclosedThe payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Expand investment education and financial and economic content services
02Expand content for institutional investors in Japan and overseas
03Provide online IR briefing services, from small-scale to large-scale events
04Shareholder benefit support services
05Provide IR briefings and transcription services for institutional investors
06Virtual general meeting of shareholders services
07Support for TCFD disclosures
08ESG score and consulting services
09Build partnerships with prominent investors by leveraging the FISCO brand
Segment targetSegment IR consulting / Fiscal 2026 revenue target ¥593 million / Fiscal 2026 profit target ¥331 million, Segment Advertising agency / Fiscal 2026 revenue target ¥50 million / Fiscal 2026 profit target ¥4 million, Segment Information Distribution / Fiscal 2026 revenue target ¥193 million / Fiscal 2026 profit target -¥30 million
Non-financial targetsIndicator Number of IR support engagements / Target value 1,850 engagements / Timing By the end of the fiscal year ending December 2026, Indicator Number of IR support companies / Target value 575 companies / Timing Fiscal year ending December 2026
Size of the Target MarketNumber of listed companies 2022 3,869 companies / 2023 3,933 companies / 2024 3,975 companies / 2025 3,945 companies / Source Trends in the Number of Listed Companies in Japan (Japan Exchange Group, 2025) / Company share Slightly more than 10% of the total
Risks identified by the company
Changes in the business environment
Violations of laws and regulations, information leaks and other incidents
Dependence on human resources
System Problems
Dependence on Specific Customers
Revenue structure weighted toward the second half of the fiscal year
Investments and Financing
Risk of COVID-19 infection deleted as no longer material
Reason for revision or withdrawal

Execution of the business plan is currently on hold because restoring profitability is currently the top management priority. All initiatives related to crypto assets and the value enhancement of FSCC have been stopped.

Items stated in the management plan
ItemDetails
Plan nameBusiness Plan
Plan periodFiscal year ending December 2026
Progress against the planAnnual update
Sales TargetInitial target for fiscal 2025: ¥887 million; actual revenue for the fiscal year ended December 2025: ¥842 million → Forecast revenue for the fiscal year ending December 2026: ¥836 million
Operating profit targetInitial target for fiscal 2025: ¥30 million; actual operating profit for the fiscal year ended December 2025: ¥4 million → Forecast operating profit for the fiscal year ending December 2026: ¥20 million
Operating profit margin targetMedium-term KPI target: 15% or higher → Not disclosed
Net income targetActual net loss for the fiscal year ended December 2025: ¥8 million → Forecast net income for the fiscal year ending December 2026: ¥18 million
Payout ratio / DOE policyResume dividend payments in the fiscal year ending December 2026. Numerical targets for the payout ratio and DOE: not disclosed
Segment targetSegment IR consulting / Fiscal 2026 revenue target ¥593 million / Fiscal 2026 profit target ¥331 million, Segment Advertising agency / Fiscal 2026 revenue target ¥50 million / Fiscal 2026 profit target ¥4 million, Segment Information Distribution / Fiscal 2026 revenue target ¥193 million / Fiscal 2026 profit target -¥30 million
Non-financial targetsIndicator Number of IR support engagements / Target value 1,850 engagements / Timing By the end of the fiscal year ending December 2026, Indicator Number of IR support companies / Target value 575 companies / Timing Fiscal year ending December 2026
Key initiativesExpand investment education and financial and economic content services, Expand content for institutional investors in Japan and overseas, Provide online IR briefing services, from small-scale to large-scale events, Shareholder benefit support services, Provide IR briefings and transcription services for institutional investors, Virtual general meeting of shareholders services, Support for TCFD disclosures, ESG score and consulting services, Build partnerships with prominent investors by leveraging the FISCO brand
Results under the previous planInitial targets for fiscal 2025: revenue of ¥887 million, operating profit of ¥30 million, and 480 IR support companies → Actual results for fiscal 2025: revenue of ¥842 million, operating profit of ¥4 million, and 490 IR support companies
Reason for revision or withdrawalExecution of the business plan is currently on hold because restoring profitability is currently the top management priority. All initiatives related to crypto assets and the value enhancement of FSCC have been stopped.
Size of the Target MarketNumber of listed companies 2022 3,869 companies / 2023 3,933 companies / 2024 3,975 companies / 2025 3,945 companies / Source Trends in the Number of Listed Companies in Japan (Japan Exchange Group, 2025) / Company share Slightly more than 10% of the total
Risks identifiedChanges in the business environment, Violations of laws and regulations, information leaks and other incidents, Dependence on human resources, System Problems, Dependence on Specific Customers, Revenue structure weighted toward the second half of the fiscal year, Investments and Financing, Risk of COVID-19 infection deleted as no longer material
Publication date26 March 2026
Items this document does not state (9)
ROE targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorPlan assumptionsDate 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.

Execution of the business plan presented for the previous fiscal year has been put on hold because restoring profitability is currently the top management priority. For the fiscal year ending December 2026, operating profit of ¥20 million is projected through continued acquisition of new customers and further cost reductions.

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.
Business Plan and Growth Potential | FISCO Ltd. (3807) timely disclosure | Komori