Worth reading
56In focus
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
160
億円（2027年6月期売上高目標）Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+68.3%
基準 9,505Target16,000million
Operating profit+47.4%
基準 1,682Target2,480million
Net income for the current fiscal year+39.1%
基準 1,150Target1,600million
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.
ROENot disclosed → 16% or higher
Only the target level is shown because the current level for comparison was not provided.What happened to the previous planNet Sales 10,000 / Operating profit 1,488 / Ordinary income 1,488 / Net income for the current fiscal year 1,032 → Net Sales 9,505 / Operating profit 1,682 / Ordinary income 1,828 / Net income for the current fiscal year 1,150
Statements about the use of capital
Payout ratio / DOE policy配当性向20％以上（累進配当）。対象期間は2025年6月期～2027年6月期の中期経営計画期間。The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Transition to an Integrated Water Treatment Company
02市場・製造拠点の最適化
03Reform of existing businesses
04M&Aを活用した事業構造の変革
05Strengthening Human Capital
06既存事業における所掌範囲の拡大
07上水道以外の水事業領域への参入
08海外マーケットの掘り起こしを再加速
09マーケット・ポートフォリオの最適化
10製造拠点の最適化を検討
11取り扱い製品ラインナップの拡充
12Response to New Environmentally Friendly Chemical Plants
13Internal succession
14Strengthen internal organisational capabilities
Plan assumptions現在当社が入手できる情報や、合理性があると判断される前提。具体的な為替レート、市場成長率、原材料価格等の数値はNot disclosed。
Segment targetSegment name Energy-related business / Sales Target Fiscal year ended June 2025 7,650百万円 / Fiscal year ending June 2026 ¥7,700 million / Fiscal year ending June 2027 ¥7,700 million / 売上総利益目標 Fiscal year ended June 2025 ¥2,905 million / Fiscal year ending June 2026 2,945百万円 / Fiscal year ending June 2027 2,995百万円, Segment name Water-related business / Sales Target Fiscal year ended June 2025 3,550百万円 / Fiscal year ending June 2026 ¥5,600 million / Fiscal year ending June 2027 ¥8,300 million / 売上総利益目標 Fiscal year ended June 2025 ¥1,140 million / Fiscal year ending June 2026 ¥1,870 million / Fiscal year ending June 2027 2,760百万円
Risks identified by the company
Deterioration in the international situation
Conflicts and wars between countries
国家間での禁輸措置
Prolonged weakness in domestic and overseas economies
Surging resource (raw material) prices
Foreign-exchange volatility
Price fluctuations
Risks to infrastructure arising from climate change caused by global warming
Politically motivated boycotts
Technological development of substitute products
Obsolescence of existing technologies due to technological innovation
Pandemics of infectious diseases such as COVID-19
特定の国・地域に商圏を依存するリスク
特定の国・地域に製造拠点を依存するリスク
Operating a business dependent on a single business segment
Risks associated with materials procurement
Risks associated with business performance and profitability
Risks associated with rising costs
Supply-chain disruptions and delivery delays
Risks associated with dependence on specific markets or manufacturing bases
Risk of emerging competitors entering the market
Risk of existing competitors strengthening their competitive advantage
Risk of losing the Company's competitiveness
Decline in business activity due to overseas travel restrictions
Supply chain disruptions
| Item | Details |
|---|---|
| Plan name | FLIGHT PLAN：TRANSFORM 2027 |
| Plan period | 2025年６月期～2027年６月期までの３ヵ年 |
| Progress against the plan | Formulated |
| Sales Target | 2024年6月期実績：9,505 → 2027年6月期目標：16,000 |
| Operating profit target | 2024年6月期実績：1,682 → 2027年6月期目標：2,480 |
| Net income target | 2024年6月期実績：1,150 → 2027年6月期目標：1,600 |
| ROE target | Not disclosed → 16% or higher |
| Payout ratio / DOE policy | 配当性向20％以上（累進配当）。対象期間は2025年6月期～2027年6月期の中期経営計画期間。 |
| Segment target | Segment name Energy-related business / Sales Target Fiscal year ended June 2025 7,650百万円 / Fiscal year ending June 2026 ¥7,700 million / Fiscal year ending June 2027 ¥7,700 million / 売上総利益目標 Fiscal year ended June 2025 ¥2,905 million / Fiscal year ending June 2026 2,945百万円 / Fiscal year ending June 2027 2,995百万円, Segment name Water-related business / Sales Target Fiscal year ended June 2025 3,550百万円 / Fiscal year ending June 2026 ¥5,600 million / Fiscal year ending June 2027 ¥8,300 million / 売上総利益目標 Fiscal year ended June 2025 ¥1,140 million / Fiscal year ending June 2026 ¥1,870 million / Fiscal year ending June 2027 2,760百万円 |
| Plan assumptions | 現在当社が入手できる情報や、合理性があると判断される前提。具体的な為替レート、市場成長率、原材料価格等の数値はNot disclosed。 |
| Key initiatives | Transition to an Integrated Water Treatment Company, 市場・製造拠点の最適化, Reform of existing businesses, M&Aを活用した事業構造の変革, Strengthening Human Capital, 既存事業における所掌範囲の拡大, 上水道以外の水事業領域への参入, 海外マーケットの掘り起こしを再加速, マーケット・ポートフォリオの最適化, 製造拠点の最適化を検討, 取り扱い製品ラインナップの拡充, Response to New Environmentally Friendly Chemical Plants, Internal succession, Strengthen internal organisational capabilities |
| Results under the previous plan | Net Sales 10,000 / Operating profit 1,488 / Ordinary income 1,488 / Net income for the current fiscal year 1,032 → Net Sales 9,505 / Operating profit 1,682 / Ordinary income 1,828 / Net income for the current fiscal year 1,150 |
| Risks identified | Deterioration in the international situation, Conflicts and wars between countries, 国家間での禁輸措置, Prolonged weakness in domestic and overseas economies, Surging resource (raw material) prices, Foreign-exchange volatility, Price fluctuations, Risks to infrastructure arising from climate change caused by global warming, Politically motivated boycotts, Technological development of substitute products, Obsolescence of existing technologies due to technological innovation, Pandemics of infectious diseases such as COVID-19, 特定の国・地域に商圏を依存するリスク, 特定の国・地域に製造拠点を依存するリスク, Operating a business dependent on a single business segment, Risks associated with materials procurement, Risks associated with business performance and profitability, Risks associated with rising costs, Supply-chain disruptions and delivery delays, Risks associated with dependence on specific markets or manufacturing bases, Risk of emerging competitors entering the market, Risk of existing competitors strengthening their competitive advantage, Risk of losing the Company's competitiveness, Decline in business activity due to overseas travel restrictions, Supply chain disruptions |
| Publication date | 9 August 2024 |
Items this document does not state (11)
Operating profit margin targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorNon-financial targetsReason for revision or withdrawalSize 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.持続可能な成長の実現に向け、事業構造の改革＝トランスフォームを行うため。水関連事業では顧客への提供範囲を拡大し、エネルギー関連事業では市場・製造拠点を最適化する。
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.