Worth reading
49Recurring
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
20
¥ million (FY26 operating income forecast)Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
Annual updateNet Sales+6.5%
基準 1,027Target1,094million
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. The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
Operating profitNot disclosed → FY26 forecast: 20
Net income for the current fiscal yearNot disclosed → FY26 forecast: 28
Only the target level is shown because the current level for comparison was not provided.What happened to the previous planInitial FY25 full-year forecast: revenue of 1,182 → FY25 actual: revenue of 1,027-13.1%Calculated from the two disclosed figures
Key initiatives
01Strengthen the profitability of the food business
02Grow the local government business by expanding transaction areas and increasing the number of local governments served
03Expand entry into the travel business by combining experiences provided by producers with accommodation
04Non-linear growth through new businesses and M&A
Plan assumptionsFood e-commerce market (2024): ¥3.1163 trillion; e-commerce penetration of the food market: 4.5%, International visitors to Japan are expected to reach 60 million in 2030, with annual spending of ¥15 trillion (government targets), Accommodation booking share of major OTAs: 46.9%, Total number of local governments: 1,765; local governments served in FY2025: 67
Segment targetSegment Food Business / Sales Target ¥669 million / Profit Target Not disclosed, Segment Local government business / Sales Target ¥317 million / Profit Target Not disclosed, Segment Travel Business / Sales Target ¥99 million / Profit Target Not disclosed, Segment Other Businesses / Sales Target ¥7 million / Profit Target Not disclosed
Non-financial targetsIndicator Number of locations hosting summer programs / Target value 9 domestic production locations / Timing Fiscal 2026, Indicator Number of families participating in summer programs / Target value 250 families / Timing Fiscal 2026, Indicator Participation in the hometown resident registration program / Target value 2 million annually, 20 million cumulative over 10 years / Timing Medium term, Indicator Related population / Target value 20% of Japan's population (20 million in 2050) / Timing 2050
Size of the Target MarketMarket Food e-commerce market (2024) / Scale ¥3.1163 trillion / Growth rate 106.4% growth from 2023 / Source Ministry of Economy, Trade and Industry, FY2024 Digital Transaction Environment Improvement Project (Market Survey on Electronic Commerce), Market Inbound tourism market / Scale Annual spending of ¥15 trillion (2030 government target) / Growth rate 60 million international visitors to Japan (2030 government target) / Source Japan Tourism Agency, Tourism Nation Promotion Basic Plan; Japan Tourism Agency, Number of International Visitors to Japan and Japanese Overseas Travelers; Japan Tourism Agency, Consumption Trend Survey for Foreigners Visiting Japan
| Item | Details |
|---|---|
| Plan name | Explanatory Material on Business Plans and Growth Potential |
| Plan period | Long term: 2050; medium term: 10 years (start year: not disclosed) |
| Progress against the plan | Annual update |
| Sales Target | FY25 actual: 1,027 → FY26 forecast: 1,094 |
| Operating profit target | Not disclosed → FY26 forecast: 20 |
| Net income target | Not disclosed → FY26 forecast: 28 |
| Segment target | Segment Food Business / Sales Target ¥669 million / Profit Target Not disclosed, Segment Local government business / Sales Target ¥317 million / Profit Target Not disclosed, Segment Travel Business / Sales Target ¥99 million / Profit Target Not disclosed, Segment Other Businesses / Sales Target ¥7 million / Profit Target Not disclosed |
| Non-financial targets | Indicator Number of locations hosting summer programs / Target value 9 domestic production locations / Timing Fiscal 2026, Indicator Number of families participating in summer programs / Target value 250 families / Timing Fiscal 2026, Indicator Participation in the hometown resident registration program / Target value 2 million annually, 20 million cumulative over 10 years / Timing Medium term, Indicator Related population / Target value 20% of Japan's population (20 million in 2050) / Timing 2050 |
| Plan assumptions | Food e-commerce market (2024): ¥3.1163 trillion; e-commerce penetration of the food market: 4.5%, International visitors to Japan are expected to reach 60 million in 2030, with annual spending of ¥15 trillion (government targets), Accommodation booking share of major OTAs: 46.9%, Total number of local governments: 1,765; local governments served in FY2025: 67 |
| Key initiatives | Strengthen the profitability of the food business, Grow the local government business by expanding transaction areas and increasing the number of local governments served, Expand entry into the travel business by combining experiences provided by producers with accommodation, Non-linear growth through new businesses and M&A |
| Results under the previous plan | Initial FY25 full-year forecast: revenue of 1,182 → FY25 actual: revenue of 1,027 |
| Size of the Target Market | Market Food e-commerce market (2024) / Scale ¥3.1163 trillion / Growth rate 106.4% growth from 2023 / Source Ministry of Economy, Trade and Industry, FY2024 Digital Transaction Environment Improvement Project (Market Survey on Electronic Commerce), Market Inbound tourism market / Scale Annual spending of ¥15 trillion (2030 government target) / Growth rate 60 million international visitors to Japan (2030 government target) / Source Japan Tourism Agency, Tourism Nation Promotion Basic Plan; Japan Tourism Agency, Number of International Visitors to Japan and Japanese Overseas Travelers; Japan Tourism Agency, Consumption Trend Survey for Foreigners Visiting Japan |
| Publication date | 27 March 2026 |
Items this document does not state (12)
Operating profit margin targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorReason for revision or withdrawalRisks identifiedDate of board resolution
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.To achieve a market capitalization of at least ¥10 billion as soon as possible in preparation for meeting the Growth Market continued listing criteria from 2030, the company plans to return to operating profitability through higher revenue and profit in the fiscal year ending December 2026, while driving business growth through its 3 core businesses, new businesses and M&A.
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.