Worth reading
51Recurring
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
2947
¥ million (increase from FY2025 actual operating income to the FY2030 target)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+26.2%
基準 41,983Target53,000million
Operating profit+122.6%
基準 2,403Target5,350million
Operating profit margin+5.0pt
基準 2,025Target2,030％
ROE+5.0pt
基準 2,025Target2,030％
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.
Total investment plan¥15 billion to ¥30 billion (over the five-year term of the Medium-Term Management Plan)
Statements about the use of capital
Payout ratio / DOE policyProgressive dividends of at least ¥34 per share and a total payout ratio of at least 100% on a cumulative five-year basis. Shareholder returns will, in principle, be based on progressive dividends, but the policy may be reviewed if a financial crisis, pandemic, geopolitical risk or other event materializes and has a material impact on enterprise value or the financial foundation. The applicable period is the five-year term of the Medium-Term Management Plan.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Accelerate growth businesses centered on the electronics and semiconductor sectors
02Reform the earnings structure and improve margins through selection and concentration
03Strengthen development capabilities, human resources and the management foundation supporting future growth
Risks identified by the company
Financial crisis
Pandemic
Geopolitical Risk
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan 2030 |
| Plan period | 1 April 2026 to 31 March 2031 |
| Progress against the plan | Formulated |
| Sales Target | FY2025 actual 41,983 → FY2030 target 53,000 |
| Operating profit target | FY2025 actual 2,403 → FY2030 target 5,350 |
| Operating profit margin target | FY2025 actual 5.7 → FY2030 target 10.0 or higher |
| ROE target | FY2025 actual 3.2 → FY2030 target 8.0 or higher (aiming for 10% over the medium to long term) |
| Payout ratio / DOE policy | Progressive dividends of at least ¥34 per share and a total payout ratio of at least 100% on a cumulative five-year basis. Shareholder returns will, in principle, be based on progressive dividends, but the policy may be reviewed if a financial crisis, pandemic, geopolitical risk or other event materializes and has a material impact on enterprise value or the financial foundation. The applicable period is the five-year term of the Medium-Term Management Plan. |
| Total investment plan | ¥15 billion to ¥30 billion (over the five-year term of the Medium-Term Management Plan) |
| Key initiatives | Accelerate growth businesses centered on the electronics and semiconductor sectors, Reform the earnings structure and improve margins through selection and concentration, Strengthen development capabilities, human resources and the management foundation supporting future growth |
| Risks identified | Financial crisis, Pandemic, Geopolitical Risk |
| Date of board resolution | 15 May 2026 |
| Publication date | 15 May 2026 |
Items this document does not state (12)
Net income targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceInvestment amount by sectorSegment targetNon-financial targetsPlan assumptionsResults under the previous planReason for revision or withdrawalSize of the Target Market
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 plan is positioned as the culmination of the company's efforts to achieve its desired state by 2030, namely, “VISION 2030: Becoming a global niche-top manufacturer supporting manufacturing worldwide,” and to complete its reforms. It was formulated after reviewing the issues addressed in previous medium-term management plans, in order to make effective use of investments and improve the company's earnings structure.
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.