Worth reading
51Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
5.4
¥100 million (increase in market capitalization)Wording
Conditional
How definitive the wording is.Items stated in the management plan
Partially revisedNet SalesNot disclosed → ¥5 billion (medium-term target for the fiscal year ending December 2027)
Operating profitNot disclosed → ¥500 million (medium-term target for the fiscal year ending December 2027)
Only the target level is shown because the current level for comparison was not provided.What happened to the previous plan¥4 billion or more → ¥3.37 billion (as of the end of December 2025)+50,525.0%Calculated from the two disclosed figures
Statements about the use of capital
Self-assessment of PBR and share priceMarket capitalization has improved, but remains below the ¥4 billion continued listing threshold, and the share price has yet to make a full recovery.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Restoring performance and achieving sustainable growth
02Continuously strengthening governance and internal controls
03Strengthening IR activities and enhancing information dissemination
04Appropriate management of capital policy
05Increasing customer spending through the evolution of the three-tier support model
06Accelerating the rollout of the custom implementation model for Kaname.ax®
07Promoting cross-selling and upselling and improving sales productivity through the use of AI
Plan assumptionsThe crypto-related business will be in an investment phase in the fiscal year ending December 2026 and is not included in the earnings forecast., The company expects the business to make a full contribution to earnings from 2027 onward.
Non-financial targetsIndicator Revenue per employee / Target value ¥25 million per year / Timing Fiscal year ending December 2026
Risks identified by the company
Risk of delisting if the company fails to meet the market capitalization criterion as of 31 December 2026
Recognition of an extraordinary loss related to the improper accounting matter
Impact of the overall market investment environment
Reason for revision or withdrawal
The company consolidated its business segments into the Marketing AX Support Business and made its growth strategy centered on the three-tier support model more specific, added the promotion of its crypto-related business as a new business, and added appropriate management of capital policy as a priority policy in light of the implementation of a third-party allotment of shares.
| Item | Details |
|---|---|
| Plan name | Plan to Meet the Listing Maintenance Criteria |
| Plan period | Through 31 December 2026 |
| Progress against the plan | Partially revised |
| Sales Target | Not disclosed → ¥5 billion (medium-term target for the fiscal year ending December 2027) |
| Operating profit target | Not disclosed → ¥500 million (medium-term target for the fiscal year ending December 2027) |
| Self-assessment of PBR and share price | Market capitalization has improved, but remains below the ¥4 billion continued listing threshold, and the share price has yet to make a full recovery. |
| Non-financial targets | Indicator Revenue per employee / Target value ¥25 million per year / Timing Fiscal year ending December 2026 |
| Plan assumptions | The crypto-related business will be in an investment phase in the fiscal year ending December 2026 and is not included in the earnings forecast., The company expects the business to make a full contribution to earnings from 2027 onward. |
| Key initiatives | Restoring performance and achieving sustainable growth, Continuously strengthening governance and internal controls, Strengthening IR activities and enhancing information dissemination, Appropriate management of capital policy, Increasing customer spending through the evolution of the three-tier support model, Accelerating the rollout of the custom implementation model for Kaname.ax®, Promoting cross-selling and upselling and improving sales productivity through the use of AI |
| Results under the previous plan | ¥4 billion or more → ¥3.37 billion (as of the end of December 2025) |
| Reason for revision or withdrawal | The company consolidated its business segments into the Marketing AX Support Business and made its growth strategy centered on the three-tier support model more specific, added the promotion of its crypto-related business as a new business, and added appropriate management of capital policy as a priority policy in light of the implementation of a third-party allotment of shares. |
| Risks identified | Risk of delisting if the company fails to meet the market capitalization criterion as of 31 December 2026, Recognition of an extraordinary loss related to the improper accounting matter, Impact of the overall market investment environment |
| Publication date | 31 March 2026 |
Items this document does not state (12)
Operating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalTotal investment planInvestment amount by sectorSegment targetSize of the Target MarketDate 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.Efforts to restore performance have reduced the operating loss, and the effects of structural reforms have become apparent. However, the share price has yet to make a full recovery due to the recognition of an extraordinary loss related to the improper accounting matter and the impact of the overall market investment environment.
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.