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).The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
The external environment has changed since the plan was formulated, increasing the importance and uncertainty of both opportunities and challenges. In light of the acceleration of research and development in optoelectronic fusion technologies, new social issues arising from the data center construction boom, the difficulty of making long-term forecasts for procurement and logistics conditions due to the emergence of geopolitical risks, and the continuation of yen depreciation, the Company determined that it was necessary to strengthen production capacity and establish a resilient supply system in order to capture expanding demand for optical semiconductors for data centers.
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan 2028, "Realizing Evolution" (also referred to in the document as "Realization of Evolution") |
| Plan period | Start year: Not disclosed, final year: fiscal 2028 |
| Progress against the plan | Partially revised |
| Sales Target | ¥1,500 hundred million → ¥1,640 hundred million（Approximately 9.3%） |
| Net income target | ¥350 100 million (profit for the year attributable to owners of the parent) → ¥445 100 million (profit for the year attributable to owners of the parent)（Approximately 27.1%） |
| ROE target | Approximately 25% throughout the plan period → Approximately 31% throughout the plan period（Approximately 24%） |
| ROIC target | Approximately 14% throughout the plan period → Approximately 19% throughout the plan period（Approximately 35.7%） |
| Plan assumptions | Exchange rates: fiscal 2025 actual ¥150.8/USD, fiscal 2026 forecast before the change ¥135/USD, fiscal 2026 forecast after the change ¥150/USD, fiscal 2028 plan before the change ¥135/USD, fiscal 2028 plan after the change ¥150/USD |
| Key initiatives | Balancing Growth Investments and Shareholder Returns, Strengthening production capacity, Establishing a resilient supply system, including supply chain strengthening, Positioning photonics as a growth driver, Focusing and accelerating research and development, Promoting transformation of the business portfolio |
| Results under the previous plan | Fiscal 2028 plan before the change: net sales of ¥150.0 billion, business profit of ¥50.0 billion, profit for the period attributable to owners of the parent of ¥35.0 billion, and EBITDA of ¥64.0 billion → Not disclosed |
| Reason for revision or withdrawal | The external environment has changed since the plan was formulated, increasing the importance and uncertainty of both opportunities and challenges. In light of the acceleration of research and development in optoelectronic fusion technologies, new social issues arising from the data center construction boom, the difficulty of making long-term forecasts for procurement and logistics conditions due to the emergence of geopolitical risks, and the continuation of yen depreciation, the Company determined that it was necessary to strengthen production capacity and establish a resilient supply system in order to capture expanding demand for optical semiconductors for data centers. |
| Risks identified | Increasing importance and uncertainty of opportunities and challenges, New social issues arising from the data center construction boom, Difficulty in making long-term forecasts for procurement and logistics conditions due to the emergence of geopolitical risks, Impact on the business environment from the continuation of yen depreciation |
| Date of board resolution | 13 May 2026 |
| Publication date | 13 May 2026 |
Items this document does not state (11)
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 external environment has changed since the plan was formulated, increasing the importance and uncertainty of both opportunities and challenges. Specifically, the Company cited the acceleration of research and development in optoelectronic fusion technologies, new social issues arising from the data center construction boom, difficulty in forecasting procurement and logistics conditions due to geopolitical risks, and the continuation of yen depreciation. The Company also stated that the likelihood had increased that demand for optical semiconductors for data centers would expand beyond previous assumptions, making it necessary to strengthen production capacity and establish a more resilient supply system.