Items stated in the management plan
Partially revisedEach 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).
Following the execution of strategic M&A as part of the growth strategy, the company decided to revise its financial targets after incorporating the impact of the M&A on consolidated results, as well as temporary costs and other expenses associated with integration. In addition, the operating profit target was revised from a growth-rate basis to an operating profit amount basis in order to set clear annual targets and manage progress steadily.
| Item | Details |
|---|---|
| Plan name | 14th Medium-Term Management Plan |
| Plan period | 3-year period from the fiscal year ending March 2026 (111th fiscal year) through the fiscal year ending March 2028 (113th fiscal year) |
| Progress against the plan | Partially revised |
| Operating profit target | Fiscal year ending March 2028: 10% growth compared with the fiscal year ending March 2026 → Fiscal year ending March 2027: ¥6.0 billion; fiscal year ending March 2028: ¥7.0 billion |
| ROE target | Fiscal year ending March 2028: 6.0% → Fiscal year ending March 2027: 5.0%; fiscal year ending March 2028: 6.5% |
| Plan assumptions | Foreign exchange assumption: 1 US dollar = ¥145 |
| Key initiatives | Strategic M&A |
| Results under the previous plan | Operating profit: 10% growth in the fiscal year ending March 2028 compared with the fiscal year ending March 2026 → Not disclosed |
| Reason for revision or withdrawal | Following the execution of strategic M&A as part of the growth strategy, the company decided to revise its financial targets after incorporating the impact of the M&A on consolidated results, as well as temporary costs and other expenses associated with integration. In addition, the operating profit target was revised from a growth-rate basis to an operating profit amount basis in order to set clear annual targets and manage progress steadily. |
| Publication date | 14 May 2026 |
Items this document does not state (15)
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 revisions incorporate the impact of strategic M&A, undertaken as part of the growth strategy, on consolidated results, as well as temporary costs and other expenses associated with integration. The operating profit target was also revised from a growth-rate basis to an operating profit amount basis in order to set clear annual targets and manage progress steadily. The company aims to improve capital efficiency while increasing corporate value through improved ROE.