Worth reading
45Recurring
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
0.9
% (year-on-year decline in ROE)Wording
Conditional
How definitive the wording is.Items stated in the management plan
Partially revisedOperating profit margin-2,013.0pt
基準 2,026Target13％
ROE-2,016.0pt
基準 2,026Target10％
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).
Net Sales42,014 (actual for the fiscal year ended March 2026) → Not disclosed
Operating profit5,174 (actual for the fiscal year ended March 2026) → Not disclosed
Net income for the current fiscal year3,898 (actual for the fiscal year ended March 2026) → Not disclosed
Only the target level is shown because the current level for comparison was not provided.Investment amount by sectorField Investment in growth areas / Amount Not disclosed
Statements about the use of capital
Payout ratio / DOE policyA consolidated payout ratio of at least 40%. The basic policy is to pay progressive dividends from the fiscal year ending March 2026 through the fiscal year ending March 2028.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 pricePBR has remained below 1x for 2 consecutive fiscal years. PBR was 0.91x and the closing share price was ¥1,445 in the fiscal year ended March 2026.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Strengthening the Growth Platform
02Investment in growth areas
03Strengthening the profit platform
04Productivity Improvement
05Strengthening the management platform
06Sustainability Promotion
07Advancing Sustainability Management
08Enhancement of shareholder returns
09Enhancing Investor Relations Activities
Plan assumptionsRecent economic conditions, Plan to construct a new plant at the consolidated U.S. subsidiary
Reason for revision or withdrawal
Based on its assessment of the current situation and taking into account recent economic conditions and the plan to construct a new plant at its consolidated U.S. subsidiary.
| Item | Details |
|---|---|
| Plan name | Current medium-term management plan |
| Plan period | Fiscal years ending March 2024 to March 2028 |
| Progress against the plan | Partially revised |
| Sales Target | 42,014 (actual for the fiscal year ended March 2026) → Not disclosed |
| Operating profit target | 5,174 (actual for the fiscal year ended March 2026) → Not disclosed |
| Operating profit margin target | 12.3 (actual for the fiscal year ended March 2026) → At least 12.4% (current medium-term management plan) / at least 13.0% (after the new plant reaches full operation) |
| Net income target | 3,898 (actual for the fiscal year ended March 2026) → Not disclosed |
| ROE target | 9.5 (actual for the fiscal year ended March 2026) → At least 8.5% (current medium-term management plan) / at least 10.0% (after the new plant reaches full operation) |
| Payout ratio / DOE policy | A consolidated payout ratio of at least 40%. The basic policy is to pay progressive dividends from the fiscal year ending March 2026 through the fiscal year ending March 2028. |
| Self-assessment of PBR and share price | PBR has remained below 1x for 2 consecutive fiscal years. PBR was 0.91x and the closing share price was ¥1,445 in the fiscal year ended March 2026. |
| Investment amount by sector | Field Investment in growth areas / Amount Not disclosed |
| Plan assumptions | Recent economic conditions, Plan to construct a new plant at the consolidated U.S. subsidiary |
| Key initiatives | Strengthening the Growth Platform, Investment in growth areas, Strengthening the profit platform, Productivity Improvement, Strengthening the management platform, Sustainability Promotion, Advancing Sustainability Management, Enhancement of shareholder returns, Enhancing Investor Relations Activities |
| Reason for revision or withdrawal | Based on its assessment of the current situation and taking into account recent economic conditions and the plan to construct a new plant at its consolidated U.S. subsidiary. |
| Date of board resolution | 20 May 2026 |
| Publication date | 20 May 2026 |
Items this document does not state (9)
ROIC targetTreasury share acquisition policyCost of capitalTotal investment planSegment targetNon-financial targetsResults under the previous planSize 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.Based on its assessment of the current situation and taking into account recent economic conditions and the plan to construct a new plant at its consolidated U.S. subsidiary.
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.