Worth reading
42Recurring
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
480
¥ million (difference from continued listing criterion)Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales¥50 100 million (medium-term target for the fiscal year ending March 2028) → Not disclosed
Operating profit¥8 100 million (medium-term target for the fiscal year ending March 2028) → Not disclosed
Only the target level is shown because the current level for comparison was not provided.Statements about the use of capital
Payout ratio / DOE policyNumerical targets for the payout ratio and DOE are Not disclosed. In the fiscal year ending March 2027, the Company will provide digital gifts with a total shareholder return value of ¥15 million as a guideline.The 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 pricePBR is Not disclosed. Based on the “current share price level of the Company Group,” the Company will consider attractive shareholder return offerings in relation to the amount invested.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Business expansion
02Shareholder Returns
03Strengthening IR activities
04Consideration of the market segment
Plan assumptionsWithout focusing excessively on short-term measures to address the share price, the Company will pursue both business growth and enhanced dialogue with the capital markets and information disclosure. Numerical assumptions regarding exchange rates, market growth rates and other factors are Not disclosed.
Non-financial targetsIndicator Messages from the representative director / Target value Continued quarterly / Timing During the plan period, Indicator Investor briefings / Target value Held each quarter / Timing During the plan period
Risks identified by the company
If the Company fails to meet the market capitalization criterion as of 31 March 2027, it may be delisted.
If the Company does not meet the criterion as of that date, its shares will be designated as securities subject to delisting and delisted on 1 October 2027.
Reason for revision or withdrawal
The Company recognizes that it has not sufficiently communicated its results and future growth potential to the capital markets. In addition, the gap between its market capitalization and the criterion remains limited to a certain extent.
| Item | Details |
|---|---|
| Plan name | Plan for Compliance with the Listing Maintenance Criteria (Including the Improvement Period) |
| Plan period | Through the end of March 2027 |
| Progress against the plan | Formulated |
| Sales Target | ¥50 100 million (medium-term target for the fiscal year ending March 2028) → Not disclosed |
| Operating profit target | ¥8 100 million (medium-term target for the fiscal year ending March 2028) → Not disclosed |
| Payout ratio / DOE policy | Numerical targets for the payout ratio and DOE are Not disclosed. In the fiscal year ending March 2027, the Company will provide digital gifts with a total shareholder return value of ¥15 million as a guideline. |
| Self-assessment of PBR and share price | PBR is Not disclosed. Based on the “current share price level of the Company Group,” the Company will consider attractive shareholder return offerings in relation to the amount invested. |
| Non-financial targets | Indicator Messages from the representative director / Target value Continued quarterly / Timing During the plan period, Indicator Investor briefings / Target value Held each quarter / Timing During the plan period |
| Plan assumptions | Without focusing excessively on short-term measures to address the share price, the Company will pursue both business growth and enhanced dialogue with the capital markets and information disclosure. Numerical assumptions regarding exchange rates, market growth rates and other factors are Not disclosed. |
| Key initiatives | Business expansion, Shareholder Returns, Strengthening IR activities, Consideration of the market segment |
| Reason for revision or withdrawal | The Company recognizes that it has not sufficiently communicated its results and future growth potential to the capital markets. In addition, the gap between its market capitalization and the criterion remains limited to a certain extent. |
| Risks identified | If the Company fails to meet the market capitalization criterion as of 31 March 2027, it may be delisted., If the Company does not meet the criterion as of that date, its shares will be designated as securities subject to delisting and delisted on 1 October 2027. |
| Publication date | 24 June 2026 |
Items this document does not state (12)
Operating profit margin targetNet income targetROE targetROIC targetTreasury share acquisition policyCost of capitalTotal investment planInvestment amount by sectorSegment targetResults under the previous planSize 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.Although the Company has been pursuing business structure reforms and shifting toward growth areas, it recognizes that it has not sufficiently communicated the results of these efforts and its future growth potential to the capital markets. It also cites the challenging business environment resulting from losses incurred upon its previous withdrawal from the share-office business.
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.