Worth reading
49Recurring
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
9.9
% (year-on-year revenue growth rate)Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
Annual updateNet Sales+0.0%
基準 2,025Target2,026million yen
Operating profit+0.0%
基準 2,025Target2,026million yen
Operating profit margin+1.0pt
基準 2,025Target2,026%
Net income for the current fiscal year+0.0%
基準 2,025Target2,026million 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. 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.
What happened to the previous planFY2025 plan: 781 → FY2025 actual: 819（104.8%）0.0%Calculated from the two disclosed figures
Key initiatives
01Further promotion of market development strategies by domain
02Expansion of fraud detection service functionality and market share
03Accelerating growth through M&A and business alliances
04Optimization of EMV 3-D Secure operations
05Collaboration with card companies
06Operational proposals leveraging the company's leading domestic implementation track record
07Expansion of finance-focused functionality
08Promotion of end-to-end measures
09Consulting support
Plan assumptionsTAM estimates are calculated using an exchange rate of ¥150 to US$1., Market size is independently estimated based on forecasts and other data from various research firms.
Segment targetBusiness Fraud detection services / Sales Target 801 million yen / Timing FY2026
Size of the Target MarketMarket Japan's e-commerce fraud prevention market / Scale Approximately ¥24–36 billion / Source Independently estimated by assuming the e-commerce segment ratio based on forecasts in IMARC Group's Japan Fraud Detection and Prevention Market Report 2024-2033, Market Japan's financial fraud prevention market / Scale Approximately ¥72–96 billion / Source Independently estimated by applying the BFSI segment ratio to market data from IMARC Group and MarketsandMarkets, Market Overseas fraud prevention market, excluding Japan / Scale Approximately ¥4.3–7.4 trillion / Source Estimated based on forecasts from MarketsandMarkets and Research and Markets, Market Japan's B2C e-commerce market / Scale 2024: ¥26.1225 trillion / Source Ministry of Economy, Trade and Industry, Report on the FY2024 Survey of the Electronic Commerce Market
Risks identified by the company
Competition
Dependence on specific markets and business partners
System failures
Regulation under the Act on the Protection of Personal Information
| Item | Details |
|---|---|
| Plan name | Materials on the Business Plan and Growth Potential |
| Plan period | FY2026 |
| Progress against the plan | Annual update |
| Sales Target | FY2025 actual: 819 → FY2026 full-year plan: 900（+9.9%） |
| Operating profit target | FY2025 full-year actual: (133) → FY2026 full-year plan: (112) |
| Operating profit margin target | FY2025 full-year actual: (16.3) → FY2026 full-year plan: (12.5) |
| Net income target | FY2025 full-year actual: (137) → FY2026 full-year plan: (117) |
| Segment target | Business Fraud detection services / Sales Target 801 million yen / Timing FY2026 |
| Plan assumptions | TAM estimates are calculated using an exchange rate of ¥150 to US$1., Market size is independently estimated based on forecasts and other data from various research firms. |
| Key initiatives | Further promotion of market development strategies by domain, Expansion of fraud detection service functionality and market share, Accelerating growth through M&A and business alliances, Optimization of EMV 3-D Secure operations, Collaboration with card companies, Operational proposals leveraging the company's leading domestic implementation track record, Expansion of finance-focused functionality, Promotion of end-to-end measures, Consulting support |
| Results under the previous plan | FY2025 plan: 781 → FY2025 actual: 819（104.8%） |
| Size of the Target Market | Market Japan's e-commerce fraud prevention market / Scale Approximately ¥24–36 billion / Source Independently estimated by assuming the e-commerce segment ratio based on forecasts in IMARC Group's Japan Fraud Detection and Prevention Market Report 2024-2033, Market Japan's financial fraud prevention market / Scale Approximately ¥72–96 billion / Source Independently estimated by applying the BFSI segment ratio to market data from IMARC Group and MarketsandMarkets, Market Overseas fraud prevention market, excluding Japan / Scale Approximately ¥4.3–7.4 trillion / Source Estimated based on forecasts from MarketsandMarkets and Research and Markets, Market Japan's B2C e-commerce market / Scale 2024: ¥26.1225 trillion / Source Ministry of Economy, Trade and Industry, Report on the FY2024 Survey of the Electronic Commerce Market |
| Risks identified | Competition, Dependence on specific markets and business partners, System failures, Regulation under the Act on the Protection of Personal Information |
| Publication date | 31 March 2026 |
Items this document does not state (11)
ROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorNon-financial targetsReason for revision or withdrawalDate 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.Revenue from the core fraud detection service is expected to increase through the partnership with NTT DATA. With regard to the operating loss, the company plans to make active hiring investments, particularly in engineers, to strengthen its product development capabilities and further expand earnings.
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.