Worth reading
58In focus
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
100
¥ billion (total investment during the plan period)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+0.2%
基準 2,026Target2,030Hundreds of millions of yen
Operating profit+0.2%
基準 2,026Target2,030Hundreds of millions of yen
Operating profit margin+4.0pt
基準 2,026Target2,030%
ROE+4.0pt
基準 2,026Target2,030%
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).The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
Net income for the current fiscal yearFiscal 2025 actual: ¥1.15 billion → Not disclosed
Only the target level is shown because the current level for comparison was not provided.What happened to the previous planNot disclosed → Fiscal 2025 actual: revenue of ¥42.2 billion, operating profit of ¥1.5 billion, net income of ¥1.15 billion and ROE of 5.5%
Total investment plan¥10 billion in total (¥3 billion in planned investments and ¥7 billion in strategic investments)
Investment amount by sectorField Manufacturing-related / Amount ¥1.2bn, Field Systems, DX and AI / Amount ¥700 million, Field New Businesses / Amount ¥1.1 billion, Field R&D / Amount ¥1.9 billion, Field Factory Reorganization / Amount ¥5.1 billion
Statements about the use of capital
Payout ratio / DOE policyThe Company will continue to base its policy on stable dividends and targets DOE of at least 1.0%. Target period: Not disclosedThe 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 targets achieving a PBR of at least 0.6 at an early date. Current PBR level: Not disclosedPBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Strengthen the competitiveness of core earnings businesses
02Strengthen the competitiveness of resin compounds, colorants for resins and processed colors
03Reorganize domestic plants and promote production in optimal locations
04Strengthen the competitiveness of overseas businesses
05Strengthen value creation capabilities
06Accelerate the development and expanded sales of new products that address needs in growth areas
07Improve the profitability of developing businesses and ensure their successful launch
08Promote the creation of new businesses
09Strengthen management that respects people and reinforce governance
10Strengthening Human Resources Development
11Increase “engagement”
12Strengthen operational capabilities through cross-functional initiatives by corporate departments
Segment targetSegment Resin compounds / Fiscal 2026 revenue mix 40.9% / Fiscal 2028 revenue mix 35.8% / Fiscal 2030 revenue mix 33.5% / Operating profit target Not disclosed, Segment Colorants for resins / Fiscal 2026 revenue mix 40.2% / Fiscal 2028 revenue mix 44.0% / Fiscal 2030 revenue mix 44.6% / Operating profit target Not disclosed, Segment Processed colors / Fiscal 2026 revenue mix 16.6% / Fiscal 2028 revenue mix 17.6% / Fiscal 2030 revenue mix 16.3% / Operating profit target Not disclosed, Segment New Businesses / Fiscal 2026 revenue mix 0.7% / Fiscal 2028 revenue mix 3.9% / Fiscal 2030 revenue mix 3.9% / Operating profit target Not disclosed, Segment Other / Fiscal 2026 revenue mix 2.3% / Fiscal 2028 revenue mix 1.9% / Fiscal 2030 revenue mix 1.7% / Operating profit target Not disclosed
Risks identified by the company
Rising geopolitical risks
Conditions in the Middle East, Ukraine and East Asia
Changes in the global economy
Risks to securing a stable supply of raw materials
Emergence of employment issues due to an acute labor shortage
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan (“Transforming for the vibrant future 2030”) |
| Plan period | 2026-2030 |
| Progress against the plan | Formulated |
| Sales Target | Fiscal 2025 actual: ¥42.2 billion; fiscal 2026 plan: ¥43.5 billion → Fiscal 2030 target: ¥55 billion |
| Operating profit target | Fiscal 2025 actual: ¥1.5 billion; fiscal 2026 plan: ¥1.7 billion → Fiscal 2030 target: ¥3 billion |
| Operating profit margin target | Fiscal 2025 actual: 3.6%; fiscal 2026 plan: 3.9% → Fiscal 2030 target: 5.5% |
| Net income target | Fiscal 2025 actual: ¥1.15 billion → Not disclosed |
| ROE target | Fiscal 2025 actual: 5.5%; fiscal 2026 plan: 5.5% → Fiscal 2030 target: 7.4% |
| Payout ratio / DOE policy | The Company will continue to base its policy on stable dividends and targets DOE of at least 1.0%. Target period: Not disclosed |
| Self-assessment of PBR and share price | The Company targets achieving a PBR of at least 0.6 at an early date. Current PBR level: Not disclosed |
| Total investment plan | ¥10 billion in total (¥3 billion in planned investments and ¥7 billion in strategic investments) |
| Investment amount by sector | Field Manufacturing-related / Amount ¥1.2bn, Field Systems, DX and AI / Amount ¥700 million, Field New Businesses / Amount ¥1.1 billion, Field R&D / Amount ¥1.9 billion, Field Factory Reorganization / Amount ¥5.1 billion |
| Segment target | Segment Resin compounds / Fiscal 2026 revenue mix 40.9% / Fiscal 2028 revenue mix 35.8% / Fiscal 2030 revenue mix 33.5% / Operating profit target Not disclosed, Segment Colorants for resins / Fiscal 2026 revenue mix 40.2% / Fiscal 2028 revenue mix 44.0% / Fiscal 2030 revenue mix 44.6% / Operating profit target Not disclosed, Segment Processed colors / Fiscal 2026 revenue mix 16.6% / Fiscal 2028 revenue mix 17.6% / Fiscal 2030 revenue mix 16.3% / Operating profit target Not disclosed, Segment New Businesses / Fiscal 2026 revenue mix 0.7% / Fiscal 2028 revenue mix 3.9% / Fiscal 2030 revenue mix 3.9% / Operating profit target Not disclosed, Segment Other / Fiscal 2026 revenue mix 2.3% / Fiscal 2028 revenue mix 1.9% / Fiscal 2030 revenue mix 1.7% / Operating profit target Not disclosed |
| Key initiatives | Strengthen the competitiveness of core earnings businesses, Strengthen the competitiveness of resin compounds, colorants for resins and processed colors, Reorganize domestic plants and promote production in optimal locations, Strengthen the competitiveness of overseas businesses, Strengthen value creation capabilities, Accelerate the development and expanded sales of new products that address needs in growth areas, Improve the profitability of developing businesses and ensure their successful launch, Promote the creation of new businesses, Strengthen management that respects people and reinforce governance, Strengthening Human Resources Development, Increase “engagement”, Strengthen operational capabilities through cross-functional initiatives by corporate departments |
| Results under the previous plan | Not disclosed → Fiscal 2025 actual: revenue of ¥42.2 billion, operating profit of ¥1.5 billion, net income of ¥1.15 billion and ROE of 5.5% |
| Risks identified | Rising geopolitical risks, Conditions in the Middle East, Ukraine and East Asia, Changes in the global economy, Risks to securing a stable supply of raw materials, Emergence of employment issues due to an acute labor shortage |
| Publication date | 14 May 2026 |
Items this document does not state (8)
ROIC targetTreasury share acquisition policyCost of capitalNon-financial targetsPlan assumptionsReason 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.To accelerate the creation of group synergies with PLASiST, make proactive investments, and evolve into an attractive company by achieving stable earnings, returning value to shareholders and employees, and encouraging challenges for the future.
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.