Komori
Management planning6533Orchestra Holdings Inc.Information and Communications, Services and Others

Progress under the plan to meet the Prime Market continued listing criteria

As of 31 December 2025, the market capitalization of tradable shares remained below the Prime Market continued listing criteria, and the Company entered the improvement period running through the end of December 2026. While continuing to pursue the criteria by expanding business performance and enhancing shareholder returns through measures such as dividend increases and share buybacks, the Company is also considering transferring to the Standard Market.

Worth reading
64In 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
36
¥100 million (market capitalization of tradable shares; criterion: ¥10 billion)
Wording
Conditional
How definitive the wording is.

Items stated in the management plan

Annual update
Plan to meet the Prime Market continued listing criteriaPlan period Based on the plan submitted on 27 March 2023, through the end of December 2025. Improvement period: through the end of December 2026
Publication date 31 March 2026
What happened to the previous planNot disclosed → Against FY2024 revenue of ¥14,036 million and operating profit of ¥1,331 million, FY2025 revenue was ¥15,768 million and operating profit was ¥1,442 million(Revenue increased 11.0% year on year, and operating profit increased 10.9% year on year)
Statements about the use of capital
Treasury share acquisition policyFrom 16 February to 30 April 2026, the Company will acquire up to 150,000 shares through market purchases, with a total purchase price of ¥100 million. As of the latest results, the acquisition of 92,500 shares was completed on 24 March.
Self-assessment of PBR and share priceThe Company introduced a shareholder benefit program in light of trends in its share price and trading volume. Explicit disclosure of the PBR figure or its low valuation: Not disclosedPBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Execute the growth strategy and pursue business expansion
02Enhance shareholder return measures, including dividend increases
03Expand the human resources base through recruitment and M&A, while strengthening the Company’s ability to respond to customers and its development and operating structure across the organization.
04Strengthen training and retention initiatives aimed at increasing human capital value
05Strengthen the ability to win large-scale projects by establishing an organization that continues to be chosen by customers
06Pursue continuous improvements in added value and quality in digital marketing in the age of AI
07Pursue growth in the IP and entertainment fields, centered on idol production and game development
08Pursue growth in other fields, centered on the IT human resources placement business and the SaaS-based talent management systems business
Plan assumptionsThe plan may be affected by changes in the external environment, market conditions, general industry and market conditions, interest rates, currency and foreign exchange fluctuations, and other factors.
Size of the Target MarketAD/SEO, creative and SNS marketing: approximately ¥3 trillion (Dentsu, “Advertising Expenditures in Japan”). Game development: approximately ¥2 trillion (XENO BRAIN, “Market Size Forecast: Game Software Manufacturers”). System solutions and cloud integration: approximately ¥16 trillion (Ministry of Economy, Trade and Industry, “Basic Survey of the Information and Communications Industry”), including approximately ¥6 trillion for software testing (Information-technology Promotion Agency, Japan (IPA), “Software Development Analysis Data Collection”)
Risks identified by the company
Changes in the External Environment
Impact of market conditions
General industry and market conditions
Interest Rates
Currency and foreign exchange fluctuations
Possibility of failing to meet the Prime Market continued listing criteria
Possibility of designation as a security under supervision (under confirmation) or a security to be delisted, and of delisting
Reason for revision or withdrawal

Taking into consideration the possibility that the Company may fail to meet the Prime Market continued listing criteria during the improvement period due to changes in the external environment, market conditions and other factors, the Company is also considering transferring to the Standard Market and other options.

Items stated in the management plan
ItemDetails
Plan namePlan to meet the Prime Market continued listing criteria
Plan periodBased on the plan submitted on 27 March 2023, through the end of December 2025. Improvement period: through the end of December 2026
Progress against the planAnnual update
Treasury share acquisition policyFrom 16 February to 30 April 2026, the Company will acquire up to 150,000 shares through market purchases, with a total purchase price of ¥100 million. As of the latest results, the acquisition of 92,500 shares was completed on 24 March.
Self-assessment of PBR and share priceThe Company introduced a shareholder benefit program in light of trends in its share price and trading volume. Explicit disclosure of the PBR figure or its low valuation: Not disclosed
Plan assumptionsThe plan may be affected by changes in the external environment, market conditions, general industry and market conditions, interest rates, currency and foreign exchange fluctuations, and other factors.
Key initiativesExecute the growth strategy and pursue business expansion, Enhance shareholder return measures, including dividend increases, Expand the human resources base through recruitment and M&A, while strengthening the Company’s ability to respond to customers and its development and operating structure across the organization., Strengthen training and retention initiatives aimed at increasing human capital value, Strengthen the ability to win large-scale projects by establishing an organization that continues to be chosen by customers, Pursue continuous improvements in added value and quality in digital marketing in the age of AI, Pursue growth in the IP and entertainment fields, centered on idol production and game development, Pursue growth in other fields, centered on the IT human resources placement business and the SaaS-based talent management systems business
Results under the previous planNot disclosed → Against FY2024 revenue of ¥14,036 million and operating profit of ¥1,331 million, FY2025 revenue was ¥15,768 million and operating profit was ¥1,442 million(Revenue increased 11.0% year on year, and operating profit increased 10.9% year on year)
Reason for revision or withdrawalTaking into consideration the possibility that the Company may fail to meet the Prime Market continued listing criteria during the improvement period due to changes in the external environment, market conditions and other factors, the Company is also considering transferring to the Standard Market and other options.
Size of the Target MarketAD/SEO, creative and SNS marketing: approximately ¥3 trillion (Dentsu, “Advertising Expenditures in Japan”). Game development: approximately ¥2 trillion (XENO BRAIN, “Market Size Forecast: Game Software Manufacturers”). System solutions and cloud integration: approximately ¥16 trillion (Ministry of Economy, Trade and Industry, “Basic Survey of the Information and Communications Industry”), including approximately ¥6 trillion for software testing (Information-technology Promotion Agency, Japan (IPA), “Software Development Analysis Data Collection”)
Risks identifiedChanges in the External Environment, Impact of market conditions, General industry and market conditions, Interest Rates, Currency and foreign exchange fluctuations, Possibility of failing to meet the Prime Market continued listing criteria, Possibility of designation as a security under supervision (under confirmation) or a security to be delisted, and of delisting
Publication date31 March 2026
Items this document does not state (13)
Sales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyCost of capitalTotal investment planInvestment amount by sectorSegment targetNon-financial targetsDate 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.

The Company is also considering the possibility that it may fail to meet the Prime Market continued listing criteria during the improvement period due to changes in the external environment, market conditions and other factors.

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Progress under the plan to meet the Prime Market continued listing criteria | Orchestra Holdings Inc. (6533) timely disclosure | Komori