Worth reading
49Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
76.5
¥100 million (market capitalization of tradable shares)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+22.7%
基準 14,835Target18,201Millions of yen
Operating profit+0.0%
基準 2,025Target2,026Millions of yen
Net income for the current fiscal year+0.0%
基準 2,025Target2,026Millions of yen
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.
Statements about the use of capital
Payout ratio / DOE policyThe company will pay stable and continuous dividends while securing retained earnings necessary for future business expansion and strengthening its financial position. Going forward, dividends will continue to be paid based on a comprehensive consideration of business investment, the financial position, business performance and financial condition, among other factors. No numerical targets have been provided. The applicable period is from now onward.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 priceThe company recognizes that the market's harsh assessment of its failure to achieve high growth has been reflected in its share price, and identifies raising the share price by increasing corporate and shareholder value as a challenge. The PBR figure is not disclosed.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Earnings recovery (business strategy)
02Customer acquisition strategy
03Strengthening the sales organization
04Improving utilization rates
05Shareholder returns (shareholder benefits)
06Strengthening Investor Relations Activities
Risks identified by the company
If compliance with the market capitalization of tradable shares criterion cannot be confirmed during the improvement period through 31 December 2026, the company may be designated as a security under supervision (confirmation pending).
If subsequent review confirms that the company does not meet the criterion, it may be designated as a security subject to delisting and delisted on 1 July 2027.
If the possibility of delisting increases, the company may consider transferring its listing to the Standard Market.
| Item | Details |
|---|---|
| Plan name | Plan to Meet Listing Maintenance Criteria (Entering Improvement Period) |
| Plan period | By December 2026 |
| Progress against the plan | Formulated |
| Sales Target | 14,835 (actual results for the fiscal year ended December 2025) → 18,201 (forecast for the fiscal year ending December 2026) |
| Operating profit target | 1,052 (actual results for the fiscal year ended December 2025) → 1,714 (forecast for the fiscal year ending December 2026) |
| Net income target | 476 (actual profit attributable to owners of the parent for the fiscal year ended December 2025) → 1,389 (forecast for profit attributable to owners of the parent for the fiscal year ending December 2026) |
| Payout ratio / DOE policy | The company will pay stable and continuous dividends while securing retained earnings necessary for future business expansion and strengthening its financial position. Going forward, dividends will continue to be paid based on a comprehensive consideration of business investment, the financial position, business performance and financial condition, among other factors. No numerical targets have been provided. The applicable period is from now onward. |
| Self-assessment of PBR and share price | The company recognizes that the market's harsh assessment of its failure to achieve high growth has been reflected in its share price, and identifies raising the share price by increasing corporate and shareholder value as a challenge. The PBR figure is not disclosed. |
| Key initiatives | Earnings recovery (business strategy), Customer acquisition strategy, Strengthening the sales organization, Improving utilization rates, Shareholder returns (shareholder benefits), Strengthening Investor Relations Activities |
| Risks identified | If compliance with the market capitalization of tradable shares criterion cannot be confirmed during the improvement period through 31 December 2026, the company may be designated as a security under supervision (confirmation pending)., If subsequent review confirms that the company does not meet the criterion, it may be designated as a security subject to delisting and delisted on 1 July 2027., If the possibility of delisting increases, the company may consider transferring its listing to the Standard Market. |
| Publication date | 31 March 2026 |
Items this document does not state (14)
Operating profit margin targetROE targetROIC targetTreasury share acquisition policyCost of capitalTotal investment planInvestment amount by sectorSegment targetNon-financial targetsPlan assumptionsResults 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.The company revised its earnings forecast downward for the fiscal year ended December 2025 because the use of external partners on certain projects continued longer than expected, increasing the cost of sales, and because it lacked sufficient sales resources to acquire new customers and projects, among other factors. As a result, earnings declined for the second consecutive fiscal year. The company recognizes that the market's harsh assessment of its failure to achieve high growth has been reflected in its share price.
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.