Worth reading
69In 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
5.3
¥100 million (increase in operating income from the actual results for the fiscal year ending March 2026 to the target for the fiscal year ending March 2029)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+0.4%
基準 827Target830Hundreds of millions of yen
Operating profit+19.9%
基準 26.7Target32Hundreds of millions 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.
Operating profit marginNot disclosed → 3.9 %
Only the target level is shown because the current level for comparison was not provided.What happened to the previous planNet Sales 225 / Operating profit 22.5 → Net Sales 827 / Operating profit 26.7（Net Sales Approximately 267.6% increase / Operating profit Approximately 18.7% increase）
Total investment planAmount 196 Hundreds of millions of yen / Period Cumulative over 3 years
Investment amount by sectorField Maintenance and replacement investments / Amount 139 Hundreds of millions of yen / Period Cumulative over 3 years, Field Strategic Investment / Amount 57 Hundreds of millions of yen / Period Cumulative over 3 years
Statements about the use of capital
Payout ratio / DOE policyCommon share dividend of ¥10 per share and a total payout ratio of at least 10%. The applicable period appears to be the period covered by the new medium-term plan, although the applicable fiscal years are not specified in the table.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Strengthen the earnings base
02Further reinforce the manufacturing base
03Hub-and-satellite concept
04Strengthen initiatives focused on high-performance materials
05Expand sales of xEV products
06Cost Structural Reform
07Establish growth drivers by expanding into non-mobility fields
Plan assumptionsCreate synergies in the mobility field, which accounts for more than 90% of net sales, Declining demand for resin products in the Kanto region, particularly from the automotive industry, and the resulting intensification of competition, The trend toward greater modularization of in-house designs in automobiles and other products, Growing electricity demand from data centers and the semiconductor industry
Segment targetSegment Casting and forging segment / Indicator Operating margin / Target Raise to 3.9% / Timing Period covered by the new medium-term plan, Segment Casting and forging segment / Indicator Earnings improvement effect / Target ¥660 million / Timing By the fiscal year ending March 2028
Risks identified by the company
Declining demand for resin products in the Kanto region, particularly from the automotive industry
The resulting intensification of competition
Reason for revision or withdrawal
To further develop the Group Vision published last year by reflecting the completion of the business revitalization plan through full repayment of the liabilities subject to the business revitalization ADR on 30 June 2023, the expansion of the business scale through the acquisition of Mepro Holdings in April 2025, and the results of initiatives undertaken during the year following the acquisition.
| Item | Details |
|---|---|
| Plan name | Kodama Chemical Industry Group New Medium-Term Plan 2028 |
| Plan period | Fiscal years ending March 2027 through March 2029 |
| Progress against the plan | Formulated |
| Sales Target | 827 Hundreds of millions of yen → 830 Hundreds of millions of yen（Approximately 0.4% increase） |
| Operating profit target | 26.7 Hundreds of millions of yen → 32 Hundreds of millions of yen（Approximately 19.9% increase） |
| Operating profit margin target | Not disclosed → 3.9 % |
| Payout ratio / DOE policy | Common share dividend of ¥10 per share and a total payout ratio of at least 10%. The applicable period appears to be the period covered by the new medium-term plan, although the applicable fiscal years are not specified in the table. |
| Total investment plan | Amount 196 Hundreds of millions of yen / Period Cumulative over 3 years |
| Investment amount by sector | Field Maintenance and replacement investments / Amount 139 Hundreds of millions of yen / Period Cumulative over 3 years, Field Strategic Investment / Amount 57 Hundreds of millions of yen / Period Cumulative over 3 years |
| Segment target | Segment Casting and forging segment / Indicator Operating margin / Target Raise to 3.9% / Timing Period covered by the new medium-term plan, Segment Casting and forging segment / Indicator Earnings improvement effect / Target ¥660 million / Timing By the fiscal year ending March 2028 |
| Plan assumptions | Create synergies in the mobility field, which accounts for more than 90% of net sales, Declining demand for resin products in the Kanto region, particularly from the automotive industry, and the resulting intensification of competition, The trend toward greater modularization of in-house designs in automobiles and other products, Growing electricity demand from data centers and the semiconductor industry |
| Key initiatives | Strengthen the earnings base, Further reinforce the manufacturing base, Hub-and-satellite concept, Strengthen initiatives focused on high-performance materials, Expand sales of xEV products, Cost Structural Reform, Establish growth drivers by expanding into non-mobility fields |
| Results under the previous plan | Net Sales 225 / Operating profit 22.5 → Net Sales 827 / Operating profit 26.7（Net Sales Approximately 267.6% increase / Operating profit Approximately 18.7% increase） |
| Reason for revision or withdrawal | To further develop the Group Vision published last year by reflecting the completion of the business revitalization plan through full repayment of the liabilities subject to the business revitalization ADR on 30 June 2023, the expansion of the business scale through the acquisition of Mepro Holdings in April 2025, and the results of initiatives undertaken during the year following the acquisition. |
| Risks identified | Declining demand for resin products in the Kanto region, particularly from the automotive industry, The resulting intensification of competition |
| Publication date | 14 May 2026 |
Items this document does not state (9)
Net income targetROE targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceNon-financial targetsSize 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 achieved its net sales and operating income targets under the previous plan and expanded its business scale by completing its business revitalization ADR and acquiring Mepro Holdings. It also formulated the new medium-term plan to reflect the results of initiatives undertaken during the year following the acquisition and further develop the Group Vision published in May 2025.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.