Worth reading
41Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Items stated in the management plan
WithdrawnSales TargetMedium-term management plan withdrawn
Operating profit targetMedium-term management plan withdrawn
Operating profit margin targetMedium-term management plan withdrawn
Net income targetMedium-term management plan withdrawn
What happened to the previous planNumerical targets (specific figures have not been disclosed) → Actual results (specific figures have not been disclosed)
Statements about the use of capital
Payout ratio / DOE policyThe Company will maintain stable dividends as its basic policy while seeking to increase shareholder returns in line with improvements in earnings and cash flow. Numerical targets and the applicable period have not been disclosed.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Transition from dependence on advertising to a “digital commerce strategy platform” centered on customer experience and the accumulation of first-party data
02Further strengthening of the e-commerce support business
03Optimizing operations through centralized management of inventory, orders and shipments
04Strengthening funding capabilities
05Cross-border e-commerce
06Launching an energy business using biomass-derived carbonization and gasification technologies
07Resolving development delays and improving the profitability of existing businesses
Plan assumptionsRapid changes in the business environment, including advances in AI technology and changes in consumer behavior, The shift in purchasing behavior from “search” to “discovery”, Increased energy demand accompanying the spread of generative AI, Growing electricity demand from data centers
Risks identified by the company
Rapid changes in the business environment, including advances in AI technology and changes in consumer behavior
The traditional SEO-centered customer acquisition model is approaching its limits
Slowing growth in the domestic market
Balancing the stability of energy supplies with decarbonization
Reason for revision or withdrawal
As the business environment changed rapidly due to advances in AI technology and changes in consumer behavior, the Company reviewed its service development and investment execution and decided to restructure its businesses in order to maintain and expand the competitive advantages of its services. As a result, the plan diverged from the medium-term management plan.
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan |
| Plan period | Starting fiscal year Not disclosed / Final year Fiscal year ending March 2027 |
| Progress against the plan | Withdrawn |
| Sales Target | Medium-term management plan withdrawn |
| Operating profit target | Medium-term management plan withdrawn |
| Operating profit margin target | Medium-term management plan withdrawn |
| Net income target | Medium-term management plan withdrawn |
| Payout ratio / DOE policy | The Company will maintain stable dividends as its basic policy while seeking to increase shareholder returns in line with improvements in earnings and cash flow. Numerical targets and the applicable period have not been disclosed. |
| Plan assumptions | Rapid changes in the business environment, including advances in AI technology and changes in consumer behavior, The shift in purchasing behavior from “search” to “discovery”, Increased energy demand accompanying the spread of generative AI, Growing electricity demand from data centers |
| Key initiatives | Transition from dependence on advertising to a “digital commerce strategy platform” centered on customer experience and the accumulation of first-party data, Further strengthening of the e-commerce support business, Optimizing operations through centralized management of inventory, orders and shipments, Strengthening funding capabilities, Cross-border e-commerce, Launching an energy business using biomass-derived carbonization and gasification technologies, Resolving development delays and improving the profitability of existing businesses |
| Results under the previous plan | Numerical targets (specific figures have not been disclosed) → Actual results (specific figures have not been disclosed) |
| Reason for revision or withdrawal | As the business environment changed rapidly due to advances in AI technology and changes in consumer behavior, the Company reviewed its service development and investment execution and decided to restructure its businesses in order to maintain and expand the competitive advantages of its services. As a result, the plan diverged from the medium-term management plan. |
| Risks identified | Rapid changes in the business environment, including advances in AI technology and changes in consumer behavior, The traditional SEO-centered customer acquisition model is approaching its limits, Slowing growth in the domestic market, Balancing the stability of energy supplies with decarbonization |
| Date of board resolution | 14 May 2026 |
| Publication date | 14 May 2026 |
Items this document does not state (10)
ROE targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetNon-financial targetsSize of the Target Market
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.As the business environment changed rapidly due to advances in AI technology and changes in consumer behavior, the Company reviewed its service development and investment execution and decided to restructure its businesses in order to maintain and expand the competitive advantages of its services. As a result, the plan diverged from the medium-term management plan.
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.