Worth reading
69In focus
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
260
¥ million (consolidated operating profit target for the fiscal year ending March 2029)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+6.1%
基準 2,026Target2,1501 million
Operating profit+0.1%
基準 2,026Target2,0291 million
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.
What happened to the previous planVision2030 target sales for 2030 (numerical target: Not disclosed) → Actual for the fiscal year ending March 2026: 985 (not a figure comparable with the previous plan)-0.2%Calculated from the two disclosed figures
Investment amount by sectorField Concentrated investment in the nanosized zeolite business / Amount Not disclosed, Field Growth investment in the production goods business (parts and tools) of 中村超硬 / Amount Not disclosed, Field M&A, capital expenditure and investment in human resources / Amount Not disclosed, Field Collaboration with related industries (capital and business alliance) / Amount Not disclosed
Statements about the use of capital
Self-assessment of PBR and share priceThe share price was ¥775 as of the end of March 2026. The Company referred to the possibility of a takeover or other corporate acquisition due to the absence of stable shareholders and the depressed share price. PBR: Not disclosed.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Expand sales of new-material spinnerets and begin full-scale transactions with semiconductor-related customers
02Expand sales channels to major automotive-parts and bearing manufacturers
03Secure operating profit through proactive use of the supply chain and optimization of the in-house production and outsourcing mix
04Increase sales volumes in overseas markets where the Company will establish new business relationships
05Capture growing demand in Japan’s semiconductor silicon market
06Improve profit margins by reducing loss costs and increasing the recycling rate
07Strengthen initiatives in the materials business, centered on material sales of nanosized zeolite
08Lay the foundation for a solutions business that applies the advanced functionality of nanosized zeolite to addressing social issues
09Focused investment in the nanosized zeolite business; strengthening the execution structure and moving ahead with collaboration with related industries through a capital and business alliance
10Growth investment in the production goods business (parts and tools) of 中村超硬, including M&A to expand the business and investment in capital expenditure and human resources
Segment targetSegment Specialized Precision Equipment Business / Fiscal year Fiscal year ending March 2027 / Net Sales ¥900 1 million / Operating profit ¥20 1 million, Segment Specialized Precision Equipment Business / Fiscal year Fiscal year ending March 2028 / Net Sales ¥1,000 1 million / Operating profit ¥65 1 million, Segment Specialized Precision Equipment Business / Fiscal year Fiscal year ending March 2029 / Net Sales ¥1,200 1 million / Operating profit ¥120 1 million / Operating profit margin 10.0%, Segment D-Next Business / Fiscal year Fiscal year ending March 2027 / Net Sales ¥360 1 million / Operating profit △20, Segment D-Next Business / Fiscal year Fiscal year ending March 2028 / Net Sales ¥500 1 million / Operating profit ¥50 1 million, Segment D-Next Business / Fiscal year Fiscal year ending March 2029 / Net Sales ¥600 1 million / Operating profit ¥100 1 million / Operating profit margin 16.7%, Segment Materials Science Business / Fiscal year Fiscal year ending March 2027 / Net Sales ¥40 1 million / Operating profit △80, Segment Materials Science Business / Fiscal year Fiscal year ending March 2028 / Net Sales ¥200 1 million / Operating profit △160, Segment Materials Science Business / Fiscal year Fiscal year ending March 2029 / Net Sales ¥350 1 million / Operating profit ¥40 1 million
Size of the Target MarketSubject Total machine tool orders / Figures 2026 forecast: ¥1.7 trillion / Growth rate ¥1.6043 trillion in 2025 to a forecast ¥1.7 trillion in 2026 / Source Japan Machine Tool Builders’ Association statistics; News Digest Co., Ltd., Subject Global silicon wafer shipment area / Figures 2025F 12,824 MSI、2026F 13,493 MSI、2027F 14,653 MSI、2028F 15,485 MSI / Growth rate 2025F 5.4%、2026F 5.2%、2027F 8.6%、2028F 5.7% / Source SEMI, Subject Global power semiconductor market size / Figures Not disclosed / Growth rate Not disclosed / Source Fuji Keizai, Subject Global semiconductor market / Figures Not disclosed / Growth rate Not disclosed / Source Statista (including the Semiconductor Industry Association (SIA), World Semiconductor Trade Statistics (WSTS) and ASML Holding), among others
Risks identified by the company
Risk relating to arbitration with Jiangsu San超
Risk relating to the commercialization of new businesses
Risk relating to changes in U.S. trade policy
Risk of increases in procurement prices for raw materials and other items
Risk relating to securing personnel
Risk relating to the possibility of a takeover due to share dilution
Risks relating to overseas transactions
Reason for revision or withdrawal
In March 2026, all shares in 日本ノズル株式会社, formerly a subsidiary, were sold. The proceeds were used to strengthen the financial base, and in April 2026 capital was injected into Zeo Next株式会社, to which the nanosized zeolite business had been transferred. Accordingly, the business portfolio and growth strategy were reviewed.
| Item | Details |
|---|---|
| Plan name | Re-start 2026 |
| Plan period | Fiscal years ending March 2027 to March 2029 (three-year medium-term growth outlook) |
| Progress against the plan | Formulated |
| Sales Target | Actual for the fiscal year ending March 2026: 985 (excluding the spinneret business for synthetic fibers) → Target for the fiscal year ending March 2029: 2,150（+118.3% (versus actual for the fiscal year ending March 2026)） |
| Operating profit target | Actual for the fiscal year ending March 2026: △233 (excluding the spinneret business for synthetic fibers) → Target for the fiscal year ending March 2029: 260 |
| Self-assessment of PBR and share price | The share price was ¥775 as of the end of March 2026. The Company referred to the possibility of a takeover or other corporate acquisition due to the absence of stable shareholders and the depressed share price. PBR: Not disclosed. |
| Investment amount by sector | Field Concentrated investment in the nanosized zeolite business / Amount Not disclosed, Field Growth investment in the production goods business (parts and tools) of 中村超硬 / Amount Not disclosed, Field M&A, capital expenditure and investment in human resources / Amount Not disclosed, Field Collaboration with related industries (capital and business alliance) / Amount Not disclosed |
| Segment target | Segment Specialized Precision Equipment Business / Fiscal year Fiscal year ending March 2027 / Net Sales ¥900 1 million / Operating profit ¥20 1 million, Segment Specialized Precision Equipment Business / Fiscal year Fiscal year ending March 2028 / Net Sales ¥1,000 1 million / Operating profit ¥65 1 million, Segment Specialized Precision Equipment Business / Fiscal year Fiscal year ending March 2029 / Net Sales ¥1,200 1 million / Operating profit ¥120 1 million / Operating profit margin 10.0%, Segment D-Next Business / Fiscal year Fiscal year ending March 2027 / Net Sales ¥360 1 million / Operating profit △20, Segment D-Next Business / Fiscal year Fiscal year ending March 2028 / Net Sales ¥500 1 million / Operating profit ¥50 1 million, Segment D-Next Business / Fiscal year Fiscal year ending March 2029 / Net Sales ¥600 1 million / Operating profit ¥100 1 million / Operating profit margin 16.7%, Segment Materials Science Business / Fiscal year Fiscal year ending March 2027 / Net Sales ¥40 1 million / Operating profit △80, Segment Materials Science Business / Fiscal year Fiscal year ending March 2028 / Net Sales ¥200 1 million / Operating profit △160, Segment Materials Science Business / Fiscal year Fiscal year ending March 2029 / Net Sales ¥350 1 million / Operating profit ¥40 1 million |
| Key initiatives | Expand sales of new-material spinnerets and begin full-scale transactions with semiconductor-related customers, Expand sales channels to major automotive-parts and bearing manufacturers, Secure operating profit through proactive use of the supply chain and optimization of the in-house production and outsourcing mix, Increase sales volumes in overseas markets where the Company will establish new business relationships, Capture growing demand in Japan’s semiconductor silicon market, Improve profit margins by reducing loss costs and increasing the recycling rate, Strengthen initiatives in the materials business, centered on material sales of nanosized zeolite, Lay the foundation for a solutions business that applies the advanced functionality of nanosized zeolite to addressing social issues, Focused investment in the nanosized zeolite business; strengthening the execution structure and moving ahead with collaboration with related industries through a capital and business alliance, Growth investment in the production goods business (parts and tools) of 中村超硬, including M&A to expand the business and investment in capital expenditure and human resources |
| Results under the previous plan | Vision2030 target sales for 2030 (numerical target: Not disclosed) → Actual for the fiscal year ending March 2026: 985 (not a figure comparable with the previous plan) |
| Reason for revision or withdrawal | In March 2026, all shares in 日本ノズル株式会社, formerly a subsidiary, were sold. The proceeds were used to strengthen the financial base, and in April 2026 capital was injected into Zeo Next株式会社, to which the nanosized zeolite business had been transferred. Accordingly, the business portfolio and growth strategy were reviewed. |
| Size of the Target Market | Subject Total machine tool orders / Figures 2026 forecast: ¥1.7 trillion / Growth rate ¥1.6043 trillion in 2025 to a forecast ¥1.7 trillion in 2026 / Source Japan Machine Tool Builders’ Association statistics; News Digest Co., Ltd., Subject Global silicon wafer shipment area / Figures 2025F 12,824 MSI、2026F 13,493 MSI、2027F 14,653 MSI、2028F 15,485 MSI / Growth rate 2025F 5.4%、2026F 5.2%、2027F 8.6%、2028F 5.7% / Source SEMI, Subject Global power semiconductor market size / Figures Not disclosed / Growth rate Not disclosed / Source Fuji Keizai, Subject Global semiconductor market / Figures Not disclosed / Growth rate Not disclosed / Source Statista (including the Semiconductor Industry Association (SIA), World Semiconductor Trade Statistics (WSTS) and ASML Holding), among others |
| Risks identified | Risk relating to arbitration with Jiangsu San超, Risk relating to the commercialization of new businesses, Risk relating to changes in U.S. trade policy, Risk of increases in procurement prices for raw materials and other items, Risk relating to securing personnel, Risk relating to the possibility of a takeover due to share dilution, Risks relating to overseas transactions |
Items this document does not state (12)
Operating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalTotal investment planNon-financial targetsPlan assumptionsDate 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.The funds obtained from the sale of all shares in 日本ノズル株式会社 were used to strengthen the financial base, while capital was injected into Zeo Next株式会社, to which the nanosized zeolite business was transferred. Accordingly, the business portfolio and growth strategy were reviewed.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.