Worth reading
45Recurring
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
2
ROE目標の％ポイントWording
Definitive
How definitive the wording is.Items stated in the management plan
Partially revisedROE+2.0pt
基準 10Target12％
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).
Investment amount by sectorField AI・データサイエンス関連の投資 / Amount Not disclosed, Field 新規事業分野へのM&A / Amount Not disclosed, Field Securing Human Resources / Amount Not disclosed, Field Systems research and development / Amount Not disclosed, Field 有力企業との提携のための投融資 / Amount Not disclosed
Statements about the use of capital
Payout ratio / DOE policy配当性向30％を目標として継続。対象期間：Not disclosedThe payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Cost of capitalCAPMによる自己資本コスト5.3％。ベータ値1.2を採用した場合は8.5％The cost of capital is the minimum rate of return expected by shareholders and banks from the company.
Self-assessment of PBR and share pricePBRは2026年1月期1.4倍、過去5年は1.1〜1.6倍。低い水準にあるとの自己評価はNot disclosedPBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Capital allocation
02Shareholder Returns
03経営陣に対する報酬制度の見直し・ガナバンス体制の強化
04Compensation Committee
05取締役に対するインセンティブプランの導入
06Strengthening the Governance Framework
Reason for revision or withdrawal
現状分析を踏まえて、CAPMベースの資本コストと市場の期待リターンの間には乖離があると認識したうえで、さらなる資本収益性を高めるため
| Item | Details |
|---|---|
| Plan name | Measures for realizing management with an awareness of the cost of capital and share price |
| Progress against the plan | Partially revised |
| ROE target | 10％ → 12％（+20％） |
| Payout ratio / DOE policy | 配当性向30％を目標として継続。対象期間：Not disclosed |
| Cost of capital | CAPMによる自己資本コスト5.3％。ベータ値1.2を採用した場合は8.5％ |
| Self-assessment of PBR and share price | PBRは2026年1月期1.4倍、過去5年は1.1〜1.6倍。低い水準にあるとの自己評価はNot disclosed |
| Investment amount by sector | Field AI・データサイエンス関連の投資 / Amount Not disclosed, Field 新規事業分野へのM&A / Amount Not disclosed, Field Securing Human Resources / Amount Not disclosed, Field Systems research and development / Amount Not disclosed, Field 有力企業との提携のための投融資 / Amount Not disclosed |
| Key initiatives | Capital allocation, Shareholder Returns, 経営陣に対する報酬制度の見直し・ガナバンス体制の強化, Compensation Committee, 取締役に対するインセンティブプランの導入, Strengthening the Governance Framework |
| Reason for revision or withdrawal | 現状分析を踏まえて、CAPMベースの資本コストと市場の期待リターンの間には乖離があると認識したうえで、さらなる資本収益性を高めるため |
| Date of board resolution | 16 March 2026 |
| Publication date | 16 March 2026 |
Items this document does not state (14)
Plan periodSales TargetOperating profit targetOperating profit margin targetNet income targetROIC targetTreasury share acquisition policyTotal investment planSegment targetNon-financial targetsPlan assumptionsResults under the previous planSize of the Target MarketRisks identified
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.現状分析を踏まえ、CAPMベースの資本コストと市場の期待リターンの間には乖離があると認識したうえで、さらなる資本収益性を高めるため。
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.