Worth reading
43Recurring
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
1800
¥ millions (FY2030 EBITDA target)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet SalesNot disclosed → ¥5,800 millions (excluding M&A)
Operating profitNot disclosed → 1,200 million yen
Net income for the current fiscal yearNot disclosed → 850 million yen
ROICNot disclosed → 16 %
Only the target level is shown because the current level for comparison was not provided.Statements about the use of capital
Payout ratio / DOE policyTarget level Not disclosed / Period Covered Not disclosed / Policy The company will pay dividends linked to EBITDA while maintaining a balance with investment for corporate growth.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Business Growth
02Strengthening the Financial Position
03Proactive investment
04Strict maintenance of the development budget ceiling and thorough screening of projects
05Thorough prioritization of development projects to concentrate on themes with higher profitability
06Optimization of development sites
07Thorough cost reduction, including proactive use of alternative components, component standardization and designs that take assembly costs into account
08Strengthen collaboration with AI Picasso
09Continue contract development tailored to customer needs
10Explore new business opportunities
11Actively pursue M&A
12Improve sales forecasting accuracy and shorten production lead times
13Cross-selling in broadcasting-related businesses
14VMA business core technologies and sales channels
15Entry points for the communications systems business to enter the synchronization market
16Regular KPI tracking
17Support for M&A execution
18Use of DX and optimization AI
Plan assumptionsProgress in virtualization, Expansion and diversification of demand for video production, Expansion of video use cases, Although the automotive market has latent demand over the medium to long term, its short-term outlook is uncertain due to the global retreat from EVs and other factors., Macroeconomic conditions, market trends, foreign exchange movements, the timing of investments and their results
Non-financial targetsIndicator name Inventory turnover days / Current value 240 days / Target value 120 days / Timing By fiscal 2030
Risks identified by the company
Macroeconomic conditions
Market Trends
Foreign-Exchange Movements
The timing and results of investments
The possibility that actual performance and corporate value (market capitalization) may differ significantly from the outlook
Uncertainty regarding short-term trends in the automotive market due to the global retreat from EVs and other factors
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Guidelines (FY2026–FY2030) |
| Plan period | 5-year period from FY2026 through FY2030 (April 2026 to March 2031) |
| Progress against the plan | Formulated |
| Sales Target | Not disclosed → ¥5,800 millions (excluding M&A) |
| Operating profit target | Not disclosed → 1,200 million yen |
| Net income target | Not disclosed → 850 million yen |
| ROIC target | Not disclosed → 16 % |
| Payout ratio / DOE policy | Target level Not disclosed / Period Covered Not disclosed / Policy The company will pay dividends linked to EBITDA while maintaining a balance with investment for corporate growth. |
| Non-financial targets | Indicator name Inventory turnover days / Current value 240 days / Target value 120 days / Timing By fiscal 2030 |
| Plan assumptions | Progress in virtualization, Expansion and diversification of demand for video production, Expansion of video use cases, Although the automotive market has latent demand over the medium to long term, its short-term outlook is uncertain due to the global retreat from EVs and other factors., Macroeconomic conditions, market trends, foreign exchange movements, the timing of investments and their results |
| Key initiatives | Business Growth, Strengthening the Financial Position, Proactive investment, Strict maintenance of the development budget ceiling and thorough screening of projects, Thorough prioritization of development projects to concentrate on themes with higher profitability, Optimization of development sites, Thorough cost reduction, including proactive use of alternative components, component standardization and designs that take assembly costs into account, Strengthen collaboration with AI Picasso, Continue contract development tailored to customer needs, Explore new business opportunities, Actively pursue M&A, Improve sales forecasting accuracy and shorten production lead times, Cross-selling in broadcasting-related businesses, VMA business core technologies and sales channels, Entry points for the communications systems business to enter the synchronization market, Regular KPI tracking, Support for M&A execution, Use of DX and optimization AI |
| Risks identified | Macroeconomic conditions, Market Trends, Foreign-Exchange Movements, The timing and results of investments, The possibility that actual performance and corporate value (market capitalization) may differ significantly from the outlook, Uncertainty regarding short-term trends in the automotive market due to the global retreat from EVs and other factors |
| Publication date | 21 May 2026 |
Items this document does not state (12)
Operating profit margin targetROE targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetResults under the previous planReason 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.To achieve more efficient growth and enhance corporate value, the company will pursue business growth, strengthen its financial position and make proactive investments, evolving from a “long-established measuring instruments manufacturer” into a “video and communications solutions company.”
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.