Worth reading
42Recurring
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
60
¥100 million (consolidated EBITDA target for the fiscal year ending September 2029)Wording
Conditional
How definitive the wording is.Contents of this document
Medium-Term Management Plan PresentationFiscal years ending September 2027 through September 2029 (FY27–FY29)5 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net SalesFY26 actual: 567; FY27 plan: 600; FY29 plan: 750
Full-year earnings forecast
Net Sales
FY27¥60 billion
FY29¥75 billion
EBITDA
FY27¥3.2 billion
FY29¥6 billion
Adjusted net income
FY27¥1.9 billion
FY29¥3.5 billion
What the company explained in this material
Self-assessment against the planThe company's self-assessment against its own plan.
Previous medium-term management plan: targets not achievedBreakdown of Factors Affecting the ChangeReasons cited by the Company for the change in the figures.
- Delay in the recovery and renewed growth of the North American business–¥1.5 billion
- Delay in UUUM's recovery and renewed growth(¥1.0 billion)
- Lower gross profit in the Connected TV area and delays in creating new businesses(¥1.0 billion)
- Profit from the sale of タレンティオ, new businesses, and the retail business returning to profitability through Storegeek Signage+¥600 million
New initiatives
- Introduction of the new group slogan, “Connect 29”
- Expansion of AI agents (Sumika and HAWK) and continued rollout of new products
- Expand the monetization platform for goods, events and other offerings to external creators and IP owners
- Expand Storegeek Signage's installation channels, distribution and content categories, and North American rollout
- Focus on direct sales and optimize costs in the North American business
Key KPIsA metric the company considers important as a management benchmark.
- AI agent ARRApproximately 20target at the end of FY29
- Number of Storegeek Signage installationsApproximately 10,000 unitsFY29 target
Medium-term management plan targets
Target fiscal yearFY29.9 (fiscal year ending September 2029)
EBITDA¥6 billion
Adjusted net income¥3.5 billion
Market capitalization¥100 billion
Compared with FY26 actual results
EBITDA¥3.1 billion → ¥6 billion
Adjusted net income¥1.2 billion → ¥3.5 billion
| Item | Details |
|---|---|
| Document type | Medium-Term Management Plan Presentation |
| Fiscal Period Covered | Fiscal years ending September 2027 through September 2029 (FY27–FY29) |
| Net Sales | FY26 actual: 567; FY27 plan: 600; FY29 plan: 750 |
| Full-year earnings forecast | Net Sales FY27 ¥60 billion / FY29 ¥75 billion / EBITDA FY27 ¥3.2 billion / FY29 ¥6 billion / Adjusted net income FY27 ¥1.9 billion / FY29 ¥3.5 billion |
| Self-assessment against the plan | Previous medium-term management plan: targets not achieved |
| Breakdown of Factors Affecting the Change | Factors Delay in the recovery and renewed growth of the North American business / Amount –¥1.5 billion, Factors Delay in UUUM's recovery and renewed growth / Amount (¥1.0 billion), Factors Lower gross profit in the Connected TV area and delays in creating new businesses / Amount (¥1.0 billion), Factors Profit from the sale of タレンティオ, new businesses, and the retail business returning to profitability through Storegeek Signage / Amount +¥600 million |
| Key KPIs | Indicator name AI agent ARR / Value Approximately 20 / Year on year against the same period last year Not disclosed, Indicator name Number of Storegeek Signage installations / Value Approximately 10,000 units / Year on year against the same period last year Not disclosed |
| Medium-term management plan targets | Target fiscal year FY29.9 (fiscal year ending September 2029) / EBITDA ¥6 billion / Adjusted net income ¥3.5 billion / Market capitalization ¥100 billion / Compared with FY26 actual results EBITDA ¥3.1 billion → ¥6 billion / Adjusted net income ¥1.2 billion → ¥3.5 billion |
| New initiatives | Introduction of the new group slogan, “Connect 29”, Expansion of AI agents (Sumika and HAWK) and continued rollout of new products, Expand the monetization platform for goods, events and other offerings to external creators and IP owners, Expand Storegeek Signage's installation channels, distribution and content categories, and North American rollout, Focus on direct sales and optimize costs in the North American business |
Items this document does not state (22)
Operating profitOrdinary incomeNet incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterProgress against full-year forecastSegment resultsUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookFinancial targetsAnnual DividendPayout ratioAcquisition of treasury sharesCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
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 company stated that it would make another attempt to achieve the targets missed under the previous medium-term management plan by implementing AI and technology, creating synergies by connecting the technology, expertise and talent of group companies, expanding growth areas such as AI agents and DOOH, and normalizing and returning the North American business to growth.
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.