Items stated in the management plan
Annual updateEach 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.
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.
| Item | Details |
|---|---|
| Plan name | Business Plan |
| Plan period | Fiscal year ending December 2026 |
| Progress against the plan | Annual update |
| Sales Target | Initial 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 target | Initial 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 target | Medium-term KPI target: 15% or higher → Not disclosed |
| Net income target | Actual 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 policy | Resume dividend payments in the fiscal year ending December 2026. Numerical targets for the payout ratio and DOE: not disclosed |
| Segment target | Segment 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 targets | Indicator 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 initiatives | Expand 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 plan | Initial 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 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. |
| Size of the Target Market | Number 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 | 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 |
| Publication date | 26 March 2026 |
Items this document does not state (9)
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.