Worth reading
51Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
214
¥100 million (increase from revenue in the fiscal year ended March 2026 to the final-year target)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+5.0pt
基準 2,026Target2,031billion / %
Operating profit+5.0pt
基準 2,026Target2,031billion / %
Operating profit margin+5.0pt
基準 2,026Target2,031% / percentage points
ROE+5.0pt
基準 2,026Target2,031% / percentage points
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. For metrics expressed as percentages, differences are shown in percentage points (pt).
Total investment plan¥25.0 billion (cumulative over five years)
Investment amount by sectorField Strategic Investment / Amount ¥25.0 billion (cumulative over five years)
Statements about the use of capital
Payout ratio / DOE policyThe dividend payout ratio will be maintained at approximately 50%, with DOE of 2.5% as the floor. The applicable period is the medium-term management plan period, from FY2026 through FY2030.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Expand the branches of growth and create the future
02Maximize the cylinder gas business and commercialize carbon nanotubes and atmospheric-pressure smart carburizing
03Develop overseas markets by strengthening domestic production of adhesives and coatings and growing the export and Vietnam businesses
04Build a foundation for growth by expanding human resources development and personnel systems
05Reduce environmental impact through activities including GHG emissions reduction
06Contribute to local communities through regional disaster-prevention activities and the promotion of sports
07Strengthen governance and risk management systems
Plan assumptionsThe plan is based on “management that is conscious of cost of capital and share price.” Numerical assumptions such as exchange rates, market growth rates and raw material prices are not disclosed.
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan “Challenging 2030” |
| Plan period | Five years from FY2026 through FY2030 (final-year metrics are for the fiscal year ending March 2031) |
| Progress against the plan | Formulated |
| Sales Target | ¥98.6 billion (actual for the fiscal year ended March 2026) → ¥120.0 billion (target for the fiscal year ending March 2031)（+21.7% (calculated)） |
| Operating profit target | ¥5.8 billion (actual for the fiscal year ended March 2026) → ¥8.5 billion (target for the fiscal year ending March 2031)（+46.6% (calculated)） |
| Operating profit margin target | 5.9% (actual for the fiscal year ended March 2026) → 7.0% (target for the fiscal year ending March 2031)（+18.6% (calculated)） |
| ROE target | 5.7% (actual for the fiscal year ended March 2026) → 7.0% (target for the fiscal year ending March 2031)（+22.8% (calculated)） |
| Payout ratio / DOE policy | The dividend payout ratio will be maintained at approximately 50%, with DOE of 2.5% as the floor. The applicable period is the medium-term management plan period, from FY2026 through FY2030. |
| Total investment plan | ¥25.0 billion (cumulative over five years) |
| Investment amount by sector | Field Strategic Investment / Amount ¥25.0 billion (cumulative over five years) |
| Plan assumptions | The plan is based on “management that is conscious of cost of capital and share price.” Numerical assumptions such as exchange rates, market growth rates and raw material prices are not disclosed. |
| Key initiatives | Expand the branches of growth and create the future, Maximize the cylinder gas business and commercialize carbon nanotubes and atmospheric-pressure smart carburizing, Develop overseas markets by strengthening domestic production of adhesives and coatings and growing the export and Vietnam businesses, Build a foundation for growth by expanding human resources development and personnel systems, Reduce environmental impact through activities including GHG emissions reduction, Contribute to local communities through regional disaster-prevention activities and the promotion of sports, Strengthen governance and risk management systems |
| Date of board resolution | 15 May 2026 |
| Publication date | 15 May 2026 |
Items this document does not state (11)
Net income targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceSegment targetNon-financial targetsResults under the previous planReason for revision or withdrawalSize of the Target MarketRisks identified
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.To set out the direction and guidelines to be pursued going forward as the first step toward achieving the long-term vision.
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.