Worth reading
61In 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
60
% (projected percentage change in sales for the fiscal year ending December 2026 compared with actual sales for the fiscal year ended December 2025)Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
Annual updateNet Sales+60.7%
基準 3,299Target5,300million 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.
What happened to the previous planSales 3,700; EBITDA 300; operating profit 160; ordinary profit 140; net income 40 → Sales 3,299; EBITDA 141; operating profit -6; ordinary profit -46; net income -116（Sales -10.8%; EBITDA -53.0% (operating profit, ordinary profit and net income turned negative)）-10.8%Calculated from the two disclosed figures
Key initiatives
01Transformation of the business model
02Achieving operating profitability
03Sustained growth of core services
04Strengthening the financial position for growth
05Accelerated growth through M&A
06Basic policy for bringing companies into the group
07Initiatives to create specific synergies
08Growth direction leveraging business characteristics
Plan assumptions¥152 per U.S. dollar (for estimating the size of the AI market), 10.9% compound annual growth rate for the domestic digital signage market
Non-financial targetsIndicator Customer Base / Target value A customer base of more than 10,000 companies / Timing 2025–2026, as shown in the table
Size of the Target MarketGlobal AI market: ¥45 trillion in 2024 and ¥281 trillion in 2030 (Statista Japan, “Global Artificial Intelligence (AI) Market Size in 2021 and Forecast Through 2030,” published in May 2024). Domestic digital signage market: ¥154.9 billion in 2020 and ¥288.9 billion in 2026, with a compound annual growth rate of 10.9% (Fuji Chimera Research Institute, “2021 Comprehensive Survey of the Digital Signage Market”). Domestic events market: ¥2.6136 trillion in 2019 and ¥2.8535 trillion in 2024 (Japan Event Industry Promotion Association, “Estimate of the Size of the Event Industry in 2024”).
Risks identified by the company
Market
Competition
Technological innovation
Investments, including M&A
Dependence on Specific Individuals
Recruitment and Development
Reason for revision or withdrawal
In FY2025, sales declined year on year due to longer negotiations for large-scale projects and faster-than-expected progress in cost improvements, among other factors. From FY2026 onward, the company aims to achieve non-linear growth through ongoing M&A and the creation of PMI-related synergies.
| Item | Details |
|---|---|
| Plan name | Business Plan and Growth Potential |
| Plan period | 2026–2030 |
| Progress against the plan | Annual update |
| Sales Target | 3,299 million yen → 5,300 million yen（+60%） |
| Non-financial targets | Indicator Customer Base / Target value A customer base of more than 10,000 companies / Timing 2025–2026, as shown in the table |
| Plan assumptions | ¥152 per U.S. dollar (for estimating the size of the AI market), 10.9% compound annual growth rate for the domestic digital signage market |
| Key initiatives | Transformation of the business model, Achieving operating profitability, Sustained growth of core services, Strengthening the financial position for growth, Accelerated growth through M&A, Basic policy for bringing companies into the group, Initiatives to create specific synergies, Growth direction leveraging business characteristics |
| Results under the previous plan | Sales 3,700; EBITDA 300; operating profit 160; ordinary profit 140; net income 40 → Sales 3,299; EBITDA 141; operating profit -6; ordinary profit -46; net income -116（Sales -10.8%; EBITDA -53.0% (operating profit, ordinary profit and net income turned negative)） |
| Reason for revision or withdrawal | In FY2025, sales declined year on year due to longer negotiations for large-scale projects and faster-than-expected progress in cost improvements, among other factors. From FY2026 onward, the company aims to achieve non-linear growth through ongoing M&A and the creation of PMI-related synergies. |
| Size of the Target Market | Global AI market: ¥45 trillion in 2024 and ¥281 trillion in 2030 (Statista Japan, “Global Artificial Intelligence (AI) Market Size in 2021 and Forecast Through 2030,” published in May 2024). Domestic digital signage market: ¥154.9 billion in 2020 and ¥288.9 billion in 2026, with a compound annual growth rate of 10.9% (Fuji Chimera Research Institute, “2021 Comprehensive Survey of the Digital Signage Market”). Domestic events market: ¥2.6136 trillion in 2019 and ¥2.8535 trillion in 2024 (Japan Event Industry Promotion Association, “Estimate of the Size of the Event Industry in 2024”). |
| Risks identified | Market, Competition, Technological innovation, Investments, including M&A, Dependence on Specific Individuals, Recruitment and Development |
| Publication date | 31 March 2026 |
Items this document does not state (13)
Operating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetDate 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 explained that the decline in sales for the fiscal year ended December 2025 was due to longer negotiations for large-scale projects and faster-than-expected progress in cost improvements, among other factors. From the fiscal year ending December 2026 onward, it aims to achieve growth through ongoing M&A, PMI and the creation of synergies, and the application of AI technologies.
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.