Worth reading
57In 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
2802
Million yen (increase from actual revenue in the fiscal year ended July 2026 to the target for the fiscal year ending July 2029)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+25.0%
基準 11,198Target14,000million
Net income for the current fiscal year+0.1%
基準 2,026Target2,029million
ROE+3.0pt
基準 2,026Target2,029%
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.
What happened to the previous planRevenue ¥11,000 million, ordinary profit ¥1,100 million, net income attributable to owners of the parent ¥770 million, ordinary profit margin on revenue of at least 10.0%, ROA of at least 9.0%, and ROE of at least 10.0% → Revenue ¥11,198 million, ordinary profit ¥1,355 million, net income attributable to owners of the parent ¥828 million, ordinary profit margin on revenue of 12.1%, ROA of 12.1%, and ROE of 10.8%（Revenue +1.8%, ordinary profit +23.2%, and net income attributable to owners of the parent +7.5%）+1.8%Calculated from the two disclosed figures
Statements about the use of capital
Payout ratio / DOE policyThe company will maintain stable dividends, using a consolidated payout ratio of 30% or a consolidated dividend on equity ratio (DOE) of 3% as benchmarks, while aiming to increase dividends in line with business performance. The period covered is the Eighth Medium-Term Management Plan, from the fiscal year ending July 2027 through the fiscal year ending July 2029.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 global expansion and expand business domains to achieve significant growth.
02Aim for a global market revenue ratio of at least 40%.
03Aim for a system solutions business revenue ratio of at least 20%.
04Commercialize products that reduce labor requirements and take environmental considerations into account.
05Strengthen the production structure and enhance the after-sales service structure.
06Promote alliances and M&A to expand business domains.
07Promote sustainability-focused management and enhance corporate value.
08Strengthen sustainable development capabilities by establishing systems for transferring technical expertise.
09Sales Strategy
10Development and technology strategy
11Production and materials strategy
12Management strategy
13IT strategy
14Dividend Policy
Plan assumptionsDemand for capital investment in automation and labor-saving measures remains relatively firm in the packaging machinery and food machinery industries., There continues to be strong demand for responding to diverse and sophisticated customer needs., Price competition remains intense., The effects of higher procurement prices and rising labor costs are expected to continue for some time.
Segment targetIndicator Global market revenue ratio / Target At least 40%, Indicator System solutions business revenue ratio / Target 20% or higher
Risks identified by the company
Responding to diverse and sophisticated customer needs
Intensifying price competition
Higher procurement prices
Rising labor costs
Targets may differ due to changes in business conditions
Reason for revision or withdrawal
Although demand for capital investment in automation and labor-saving measures remains relatively firm, there continues to be strong demand for responding to diverse and sophisticated customer needs, and price competition remains intense. In addition, the effects of higher procurement prices and rising labor costs are expected to continue for some time, and the company recognizes that the environment surrounding the group remains challenging. Under these circumstances, it formulated the Eighth Medium-Term Management Plan with accelerating global expansion and expanding its business domains as key issues.
| Item | Details |
|---|---|
| Plan name | Eighth Medium-Term Management Plan |
| Plan period | Fiscal years ending July 2027 to July 2029 |
| Progress against the plan | Formulated |
| Sales Target | ¥11,198 million (actual revenue for the fiscal year ended July 2026) → ¥14,000 million (target for the fiscal year ending July 2029)（+25.0%） |
| Net income target | ¥828 million (actual net income for the fiscal year ended July 2026) → ¥1,047 million (target for the fiscal year ending July 2029)（+26.4%） |
| ROE target | 10.8% (actual for the fiscal year ended July 2026) → 10.8% (target for the fiscal year ending July 2029)（0.0%） |
| Payout ratio / DOE policy | The company will maintain stable dividends, using a consolidated payout ratio of 30% or a consolidated dividend on equity ratio (DOE) of 3% as benchmarks, while aiming to increase dividends in line with business performance. The period covered is the Eighth Medium-Term Management Plan, from the fiscal year ending July 2027 through the fiscal year ending July 2029. |
| Segment target | Indicator Global market revenue ratio / Target At least 40%, Indicator System solutions business revenue ratio / Target 20% or higher |
| Plan assumptions | Demand for capital investment in automation and labor-saving measures remains relatively firm in the packaging machinery and food machinery industries., There continues to be strong demand for responding to diverse and sophisticated customer needs., Price competition remains intense., The effects of higher procurement prices and rising labor costs are expected to continue for some time. |
| Key initiatives | Accelerate global expansion and expand business domains to achieve significant growth., Aim for a global market revenue ratio of at least 40%., Aim for a system solutions business revenue ratio of at least 20%., Commercialize products that reduce labor requirements and take environmental considerations into account., Strengthen the production structure and enhance the after-sales service structure., Promote alliances and M&A to expand business domains., Promote sustainability-focused management and enhance corporate value., Strengthen sustainable development capabilities by establishing systems for transferring technical expertise., Sales Strategy, Development and technology strategy, Production and materials strategy, Management strategy, IT strategy, Dividend Policy |
| Results under the previous plan | Revenue ¥11,000 million, ordinary profit ¥1,100 million, net income attributable to owners of the parent ¥770 million, ordinary profit margin on revenue of at least 10.0%, ROA of at least 9.0%, and ROE of at least 10.0% → Revenue ¥11,198 million, ordinary profit ¥1,355 million, net income attributable to owners of the parent ¥828 million, ordinary profit margin on revenue of 12.1%, ROA of 12.1%, and ROE of 10.8%（Revenue +1.8%, ordinary profit +23.2%, and net income attributable to owners of the parent +7.5%） |
| Reason for revision or withdrawal | Although demand for capital investment in automation and labor-saving measures remains relatively firm, there continues to be strong demand for responding to diverse and sophisticated customer needs, and price competition remains intense. In addition, the effects of higher procurement prices and rising labor costs are expected to continue for some time, and the company recognizes that the environment surrounding the group remains challenging. Under these circumstances, it formulated the Eighth Medium-Term Management Plan with accelerating global expansion and expanding its business domains as key issues. |
| Risks identified | Responding to diverse and sophisticated customer needs, Intensifying price competition, Higher procurement prices, Rising labor costs, Targets may differ due to changes in business conditions |
| Publication date | 11 September 2026 |
Items this document does not state (11)
Operating profit targetOperating profit margin targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorNon-financial targetsSize 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.Although demand for capital investment in automation and labor-saving measures remains relatively firm, the company aims to achieve business growth and improve profitability by accelerating global expansion and expanding its business domains in response to a challenging environment characterized by increasingly sophisticated customer needs, intensifying price competition, and continued increases in procurement prices and labor costs.
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.