Worth reading
47Recurring
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
14000
Million yen (revenue target for the fiscal year ending July 2029)Wording
Conditional
How definitive the wording is.Items stated in the management plan
Annual updateNet Sales+25.0%
基準 11,198Target14,000million
Net income for the current fiscal year+26.4%
基準 828Target1,047million
ROE0.0pt
基準 10.8Target10.8%
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.
Statements about the use of capital
Payout ratio / DOE policyUsing a consolidated payout ratio of 30% or a consolidated dividend-on-equity ratio (DOE) of 3% as a guideline, the Company aims to increase dividends while maintaining stable dividend payments and monitoring earnings trends. No target period specified.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Self-assessment of PBR and share priceFor the fiscal year ending July 2026, PER was 8.0x and PBR was 0.84x. PBR has remained below 1x, and the Company recognizes that the market has not priced in expectations for medium- to long-term growth or future increases in corporate value.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Accelerating global expansion to achieve significant growth
02New Model Development
03Business expansion
04Human Capital Investment
05Maintaining stable shareholder returns
06Continue holding earnings briefings twice a year
07We will consider a stock split to improve share liquidity.
Non-financial targetsIndicator name Overseas revenue ratio / Target value At least 40% / Timing Not disclosed
| Item | Details |
|---|---|
| Plan name | Eighth Medium-Term Management Plan |
| Plan period | Starting fiscal year Not disclosed / Final year The fiscal year ending July 2029 |
| Progress against the plan | Annual update |
| Sales Target | ¥11,198 million → ¥14,000 million（25.0%） |
| Net income target | ¥828 million → ¥1,047 million（26.4%） |
| ROE target | 10.8 % → 10.8 %（0.0%） |
| Payout ratio / DOE policy | Using a consolidated payout ratio of 30% or a consolidated dividend-on-equity ratio (DOE) of 3% as a guideline, the Company aims to increase dividends while maintaining stable dividend payments and monitoring earnings trends. No target period specified. |
| Self-assessment of PBR and share price | For the fiscal year ending July 2026, PER was 8.0x and PBR was 0.84x. PBR has remained below 1x, and the Company recognizes that the market has not priced in expectations for medium- to long-term growth or future increases in corporate value. |
| Non-financial targets | Indicator name Overseas revenue ratio / Target value At least 40% / Timing Not disclosed |
| Key initiatives | Accelerating global expansion to achieve significant growth, New Model Development, Business expansion, Human Capital Investment, Maintaining stable shareholder returns, Continue holding earnings briefings twice a year, We will consider a stock split to improve share liquidity. |
| Date of board resolution | 11 September 2026 |
| Publication date | 11 September 2026 |
Items this document does not state (13)
Operating profit targetOperating profit margin targetROIC targetTreasury share acquisition policyCost of capitalTotal investment planInvestment amount by sectorSegment targetPlan assumptionsResults under the previous planReason for revision or withdrawalSize of the Target MarketRisks identified
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.Because the market has not recognized the group's medium- to long-term growth potential and prospects for future enhancement of corporate value, and market awareness of the group's characteristics, strengths and growth strategy remains insufficient, the company will further strengthen its initiatives to enhance corporate value and its communication of those initiatives.
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.