Financial Targets under the Medium-Term Management Plan “Challenge 2026”
First written in FY2023. 4 of 9 entries say "Restated". Latest entry: 2026-08-14.
The whole theme swung hardest in 2021: 17 of 77 companies on the "Worse" side.
- FY2026-H1RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by our Group during the interim consolidated accounting period.」
States that there were no material changes to management policies or strategies, indicating the continuation of existing policies, including Innovation 2027. - FY2025SoftenedAnnual report
「In the progress report on “Innovation 2027” dated 16 December 2025, we revised the targets for revenue, cost ratio, operating income, and operating margin as management indicators as follows. Financial targets (fiscal year ending December 2027) Revenue ¥22.7 billion Cost ratio 80.4% Operating income ¥950 million Operating margin 4.1%」
The 2027 targets under Innovation 2027 were lowered from revenue of ¥27.5 billion, operating income of ¥3.0 billion, and operating margin of 10.9% disclosed for fiscal 2024 to revenue of ¥22.7 billion, operating income of ¥950 million, and operating margin of 4.1%. - FY2025-H1RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by our Group during the interim consolidated accounting period.」
States that there were no material changes to management policies or strategies, indicating the continuation of existing policies, including Innovation 2027. - FY2024ReframedAnnual report
「After considering the results for the fiscal year ended December 2024 and the current management environment, our group reviewed the existing medium-term management plan and formulated a new three-year medium-term management plan, “Innovation 2027.” Financial targets (fiscal year ending December 2027) Revenue ¥27.5 billion Cost ratio 76.4% Operating income ¥3.0 billion Operating margin 10.9%」
The existing medium-term management plan “Challenge 2026” was reviewed and changed to the new three-year plan “Innovation 2027.” Targets for the fiscal year ending December 2027 include revenue of ¥27.5 billion, operating income of ¥3.0 billion, and an operating margin of 10.9%. - FY2024-H1RestatedAnnual report
「There were no material changes to the management policies, management strategies or other matters established by our Group during the interim consolidated accounting period.」
Again states that there were no material changes to management policies or strategies, indicating the continuation of existing policies, including the medium-term management plan. - FY2024-Q1RestatedAnnual report
「There were no material changes during the first-quarter consolidated cumulative period to the management policies, management strategies, or other policies established by our group.」
States that there were no material changes to management policies or strategies, confirming the continuation of existing policies, including the medium-term management plan. - FY2023First statedAnnual report
「To achieve stable and sustained growth, our group formulated the medium-term management plan “Challenge 2026” on 15 December 2023 and established targets for revenue, cost ratio, operating income, and operating margin as management indicators. Financial targets (fiscal year ending December 2026) Revenue ¥28.8 billion Cost ratio 75.3% Operating income ¥3.53 billion Operating margin 12.3%」
The medium-term management plan “Challenge 2026” was formulated on 15 December 2023, with targets for the fiscal year ending December 2026 of revenue of ¥28.8 billion, a cost ratio of 75.3%, operating income of ¥3.53 billion, and an operating margin of 12.3%.