Worth reading
54Recurring
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
10.2
売上高の前期実績比（%）Wording
Conditional
How definitive the wording is.Items stated in the management plan
Annual updateNet Sales+10.2%
基準 13,796Target15,200million
Operating profit+5.1%
基準 2,012Target2,115million
Operating profit margin-9.5pt
基準 14.6Target5.1%
Net income for the current fiscal year+13.3%
基準 1,077Target1,220million
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).The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
What happened to the previous planNet Sales 13,500 / Operating profit 2,000 / Ordinary income 1,825 / Net income attributable to owners of the parent 1,215 → Net Sales 13,796 / Operating profit 2,012 / Ordinary income 1,858 / Net income attributable to owners of the parent 1,077（Net Sales 達成率102.2% / Operating profit 達成率100.6% / Ordinary income 達成率101.8% / Net income attributable to owners of the parent 達成率88.7%）
Statements about the use of capital
Payout ratio / DOE policy総還元性向30%以上（但し、配当性向10%以上）。対象期間は「今後」The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Treasury share acquisition policy自己株式取得を含めた柔軟かつ機動的な株主還元を目指す。取得枠・時期・条件はNot disclosed
Key initiatives
01新規ユーザーの獲得
02既存ユーザーのリテンション施策
03視聴者の課金転化
04新イベント、新アイテム、新機能の継続的な提供
05有力配信UU数の継続的な育成・拡大
06新規配信者の獲得
07Digital advertising
08Mass-media advertising
Plan assumptions「ふわっち」の継続的な成長を前提としている。為替、市場成長率、原材料価格等の数値前提はNot disclosed
Size of the Target Market国内動画投稿・ライブ配信サービス市場は2019年度7,442億円、2026年10,855億円（1.08兆円）と推計。出所：野村総合研究所（NRI）メディアフォーラム「ITナビゲーター2021年版」（2020年12月発刊）
| Item | Details |
|---|---|
| Plan name | Business plans |
| Plan period | Fiscal year ended March 2026 |
| Progress against the plan | Annual update |
| Sales Target | ¥13,796 million → ¥15,200 million（+10.2%） |
| Operating profit target | ¥2,012 million → ¥2,115 million（+5.1%） |
| Operating profit margin target | 14.6% → 5.1% |
| Net income target | ¥1,077 million → ¥1,220 million（+13.2%） |
| Payout ratio / DOE policy | 総還元性向30%以上（但し、配当性向10%以上）。対象期間は「今後」 |
| Treasury share acquisition policy | 自己株式取得を含めた柔軟かつ機動的な株主還元を目指す。取得枠・時期・条件はNot disclosed |
| Plan assumptions | 「ふわっち」の継続的な成長を前提としている。為替、市場成長率、原材料価格等の数値前提はNot disclosed |
| Key initiatives | 新規ユーザーの獲得, 既存ユーザーのリテンション施策, 視聴者の課金転化, 新イベント、新アイテム、新機能の継続的な提供, 有力配信UU数の継続的な育成・拡大, 新規配信者の獲得, Digital advertising, Mass-media advertising |
| Results under the previous plan | Net Sales 13,500 / Operating profit 2,000 / Ordinary income 1,825 / Net income attributable to owners of the parent 1,215 → Net Sales 13,796 / Operating profit 2,012 / Ordinary income 1,858 / Net income attributable to owners of the parent 1,077（Net Sales 達成率102.2% / Operating profit 達成率100.6% / Ordinary income 達成率101.8% / Net income attributable to owners of the parent 達成率88.7%） |
| Size of the Target Market | 国内動画投稿・ライブ配信サービス市場は2019年度7,442億円、2026年10,855億円（1.08兆円）と推計。出所：野村総合研究所（NRI）メディアフォーラム「ITナビゲーター2021年版」（2020年12月発刊） |
Items this document does not state (12)
ROE targetROIC targetCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetNon-financial targetsReason for revision or withdrawalRisks identifiedDate of board resolutionPublication date
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.売上高は「ふわっち」の継続的な成長を見込むため。営業利益は、人員増加に伴う人件費、ユーザー獲得に向けた広告宣伝費・イベント費用、新規事業への投資、その他変動費の増加を計画する一方、売上高の増加を見込むため。親会社に帰属する当期純利益は、2026年3月期に特別損失の計上見込みがないため。
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.