Worth reading
20Immaterial
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
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Items stated in the management plan
Net Sales8,373 (actual for the fiscal year ended March 2026) → Not disclosed
Operating profit280 (actual for the fiscal year ended March 2026) → Not disclosed
Operating profit margin3.35 (actual for the fiscal year ended March 2026) → Not disclosed
Net income for the current fiscal year292 (actual for the fiscal year ended March 2026) → Not disclosed
ROE2.22 (actual for the fiscal year ended March 2026) → Improve ROE
ROIC2.86 (actual for the fiscal year ended March 2026) → Improve ROIC
Only the target level is shown because the current level for comparison was not provided.Statements about the use of capital
Self-assessment of PBR and share pricePBR was 0.31x for the fiscal year ended March 2026, a low level. The Company recognizes that its PER of 13.75x does not significantly lag the average for manufacturers in the Standard Market. The Company recognizes that the main reason PBR remains low is that ROE is below the market average, rather than the PER level.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Enhancement of Customer Value
02Deepen engagement in specific markets
03Build an integrated production-and-sales supply platform
04Strengthening Profitability
05Improving capital efficiency
Plan assumptionsThe global economy is expected to recover only gradually amid persistently high inflation, uncertainty surrounding U.S. trade policy and high interest rates and monetary policy, geopolitical risks, and stagnation in the Chinese and European economies. The outlook therefore remains uncertain. In the electronic components market, adjustments to excess inventories are generally nearing completion, but a full-fledged recovery in demand will still take time.
Risks identified by the company
Persistently high inflation
Uncertainty surrounding U.S. trade policy
Uncertainty surrounding high interest rates and monetary policy
Geopolitical risk
Stagnation in the Chinese and European economies
Adjustment of excess inventories stemming from past semiconductor shortages and other factors
The time required for a full-fledged recovery in demand
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan II |
| Plan period | Three-year period beginning in fiscal 2025 |
| Sales Target | 8,373 (actual for the fiscal year ended March 2026) → Not disclosed |
| Operating profit target | 280 (actual for the fiscal year ended March 2026) → Not disclosed |
| Operating profit margin target | 3.35 (actual for the fiscal year ended March 2026) → Not disclosed |
| Net income target | 292 (actual for the fiscal year ended March 2026) → Not disclosed |
| ROE target | 2.22 (actual for the fiscal year ended March 2026) → Improve ROE |
| ROIC target | 2.86 (actual for the fiscal year ended March 2026) → Improve ROIC |
| Self-assessment of PBR and share price | PBR was 0.31x for the fiscal year ended March 2026, a low level. The Company recognizes that its PER of 13.75x does not significantly lag the average for manufacturers in the Standard Market. The Company recognizes that the main reason PBR remains low is that ROE is below the market average, rather than the PER level. |
| Plan assumptions | The global economy is expected to recover only gradually amid persistently high inflation, uncertainty surrounding U.S. trade policy and high interest rates and monetary policy, geopolitical risks, and stagnation in the Chinese and European economies. The outlook therefore remains uncertain. In the electronic components market, adjustments to excess inventories are generally nearing completion, but a full-fledged recovery in demand will still take time. |
| Key initiatives | Enhancement of Customer Value, Deepen engagement in specific markets, Build an integrated production-and-sales supply platform, Strengthening Profitability, Improving capital efficiency |
| Risks identified | Persistently high inflation, Uncertainty surrounding U.S. trade policy, Uncertainty surrounding high interest rates and monetary policy, Geopolitical risk, Stagnation in the Chinese and European economies, Adjustment of excess inventories stemming from past semiconductor shortages and other factors, The time required for a full-fledged recovery in demand |
| Date of board resolution | 19 June 2026 |
| Publication date | 25 June 2026 |
Items this document does not state (11)
Progress against the planPayout ratio / DOE policyTreasury share acquisition policyCost of capitalTotal investment planInvestment amount by sectorSegment targetNon-financial targetsResults under the previous planReason for revision or withdrawalSize of the Target Market
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 sustainable growth and enhance corporate value over the medium to long term. The Company also recognizes that the main reason ROE is below the market average and PBR remains low is that ROE is below the market average, making improvements in profitability and capital efficiency key challenges.
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.