Komori
Miraial (4238) · TargetAdvanced

Aiming to Become a Niche Leader in Cutting-Edge Fields

First written in FY2017. 8 of 16 entries say "Restated". Latest entry: FY2027-H1.

16entries
10years
6from disclosures
Share on X
How it moved
ProgressHeldSoftenedWorseAdvancedFY2019RaisedFY2022 – FY2024RestatedFY2025 – 2026-09-082017: 120172018: 120182019: 120192020: 020202021: 120212022: 120222023: 120232024: 120242025: 220252026: 72026
Same theme, other companies
Achieving High Profitability and Creating Markets through Niche-Leading BusinessesA theme 33 companies write about · 0 as a headwind · 33 as a tailwind

The whole theme swung hardest in 2024: 2 of 8 companies on the "Worse" side.

6 other companies' latest entry also says "Advanced".

Ridges = years it wrote progress, valleys = years it wrote worse. Most hopeful companies at the back. Drag to turn, scroll to zoom, right-drag to pan. On a phone, two fingers turn and pinch to zoom; one finger scrolls the page.
Showing 14 of the 33 companies compared. The sentences above are computed from all 33.
Full recordFilings, disclosures and news, newest first
  1. FY2027-H1AdvancedAnnual report

    「Two years ago, we formulated the five-year Medium-Term Growth Strategy 2028, targeting fiscal 2028, as the five-year foundation-building phase leading to our third founding period, in which we will realize our long-term vision for a new stage. To establish multiple earnings pillars and build a resilient portfolio less affected by market trends, one of the strategy's objectives, we acquired the shares of 布谷舶用計器工業 on 30 April 2026.」

    While continuing the Medium-Term Growth Strategy 2028, the company acquired shares to establish multiple earnings pillars and build its portfolio.
  2. FY2026-H1RestatedAnnual report

    「Last year, we formulated the five-year Medium-Term Growth Strategy 2028, targeting fiscal 2028, as the five-year foundation-building phase leading to our third founding period, in which we will realize our long-term vision for a new stage. In anticipation of growth in the semiconductor market and an expanded market share, we are investing in increased production capacity, automation and other efficiency measures to establish a system capable of stable supply.」

    The company continued to set out the Medium-Term Growth Strategy 2028, targeting fiscal 2028, and stated that it was building a stable supply system in anticipation of semiconductor market growth and an expanded market share, while investing in increased production capacity and automation.
  3. FY2025RestatedAnnual report

    「As targets under the "Medium-Term Growth Strategy 2028," beginning with the fiscal year ending January 2025, we aim to achieve sales of ¥23.9 billion, an operating margin of 20.0% and a return on equity of 11.1%.」

    The company continued to target sales of ¥23.9 billion, an operating margin of 20.0% and a return on equity of 11.1% under the "Medium-Term Growth Strategy 2028." Actual results for the fiscal year were sales of ¥14.0 billion, an operating margin of 10.2% and a return on equity of 4.8%; the filing text does not state that the targets were achieved.
  4. FY2024RaisedAnnual report

    「As targets under the "Medium-Term Growth Strategy 2028," beginning with the fiscal year ending January 2025, we aim to achieve sales of ¥23.9 billion, an operating margin of 20.0% and a return on equity of 11.1%.」

    The targets were raised from the previous targets for the fiscal year ending January 2024 of sales of ¥16.5 billion, an operating margin of 16.0% and a return on equity of 8.5% to sales of ¥23.9 billion, an operating margin of 20.0% and a return on equity of 11.1%, and were reset as the "Medium-Term Growth Strategy 2028."
  5. FY2023AdvancedAnnual report

    「We aim to achieve sales of ¥16.5 billion, an operating margin of 16.0% and a return on equity of 8.5%.」

    The numerical targets were maintained, while results for the fiscal year were sales of ¥14.265 billion, an operating margin of 17.2% and a return on equity of 7.6%. The operating margin exceeded the target, and the gap between the target and actual results narrowed for sales and return on equity, but the filing text does not state that the targets were achieved.
  6. FY2022RaisedAnnual report

    「The management targets for the fiscal year ending January 2024 were revised in the medium- to long-term growth strategy announced on 8 March 2022. The revised targets were as follows. Original targets (announced in March 2021): sales of ¥13.0 billion, an operating margin of 15.0% and a return on equity of 7.0%. Revised targets (announced in March 2022): sales of ¥16.5 billion, an operating margin of 16.0% and a return on equity of 8.5%.」

    The targets for the fiscal year ending January 2024 were raised from sales of ¥13.0 billion to ¥16.5 billion, from an operating margin of 15.0% to 16.0%, and from a return on equity of 7.0% to 8.5%.
  7. FY2021ReframedAnnual report

    「We aim to achieve sales of ¥13.0 billion, an operating margin of 15.0% and a return on equity of 7.0% at an early stage.」

    In addition to the previous qualitative objectives of increasing sales, profit and return on total assets, the company specified numerical targets of sales of ¥13.0 billion, an operating margin of 15.0% and a return on equity of 7.0%. The fiscal year's results were sales of ¥9.733 billion, an operating margin of 8.9% and a return on equity of 5.4%.
  8. FY2019AdvancedAnnual report

    「Our Group's management objective is to expand into cutting-edge niche growth markets and achieve sustainable growth that is not affected by business life cycles. From this perspective, we aim to strengthen our financial base and increase corporate value by increasing sales and profit and improving return on total assets, a comprehensive profitability indicator.」

    The company continued to target sustainable growth, higher sales and profit, and improved return on total assets. For the fiscal year, it disclosed sales of ¥10,013 million, an operating margin of 14.8% and a return on total assets of 5.6% as performance indicators. The operating margin rose by 1.9 percentage points year on year, while return on total assets rose by 0.5 percentage points.
  9. FY2018ReframedAnnual report

    「Our Group's management objective is to expand into cutting-edge niche growth markets and achieve sustainable growth that is not affected by business life cycles. From this perspective, we aim to strengthen our financial base and increase corporate value by increasing sales and profit and improving return on total assets, a comprehensive profitability indicator.」

    The previous expression, "a leading company in cutting-edge niches," was reorganized into a framework centered on expansion into niche growth markets, sustainable growth unaffected by business life cycles, and increases in sales, profit and return on total assets. No specific numerical targets were presented.
  10. FY2017First statedAnnual report

    「Although the semiconductor industry, on which our Group focuses, remains unpredictable, we will pursue initiatives under the following objectives, aiming to become a leading company in cutting-edge niches.」

    The stated objective in the current and future outlook for management strategy was to become a leading company in cutting-edge niches.
Moved together

"Strengthening FOSB competitiveness and enhancing precision" moved the same way as this thread, in the same document, in 4 of its 16 moves.

433333★123456
  1. ★This thread
  2. 1Strengthening FOSB competitiveness and enhancing precision4×
  3. 2Shareholder Returns Through Interim Dividends3×
  4. 3Rebuilding the Position of the Molding Machine Business and Developing New Customers3×
  5. 4Diversification and Expansion of Production Facilities and Expansion into Small Precision Molding3×
  6. 5Profit pressure from the product mix and development prototyping costs3×
  7. 6Concerns about an economic slowdown due to the spread of the novel coronavirus3×

★ is this thread; numbers match the list above. The number on a line is how many documents both moved the same way in; lines between the other threads count the documents they moved together in too. Threads that move together often sit closer.

When this could move next
No upcoming earnings preview for Miraial yet. It last moved in the Management plan of 2026-09-08: "Restated".
News
No news is linked to this thread yet. When an article touches it, it will appear here by date.
Aiming to Become a Niche Leader in Cutting-Edge Fields | Miraial Co.,Ltd. (4238) | Komori