Worth reading
53Recurring
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
43
Hundreds of millions of yenWording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedOperating profit+0.5%
基準 2,025Target2,035Hundreds of millions of yen
ROE+10.0pt
基準 2,025Target2,035%
ROIC+10.0pt
基準 2,025Target2,035%
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.
Net Sales437 (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.Total investment plan¥35.0 billion (fiscal 2026 through fiscal 2030)
Investment amount by sectorField Strategic Investment / Amount ¥25 billion, Field M&A / Amount ¥10 billion
Statements about the use of capital
Payout ratio / DOE policyThe company aims for a payout ratio of 30% and will provide stable, phased returns to shareholders. The applicable period is Not disclosed.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Treasury share acquisition policyThe company plans to repurchase approximately ¥1.1 billion of its own shares in the fiscal year ending March 2027. It will continue to consider share repurchases on an opportunistic basis.
Key initiatives
01Creation of new businesses and areas
02Shift through value reconstruction
03Shifting human resources through digitalization
04Execution of co-creation schemes through venture capital activities
05Pursuit of higher added value
06Securing profits through scale expansion
07Building business models for a new era
08Expanding products and services and broadening geographic coverage
09Improving operational quality while enhancing productivity
10Expanding service value through collaboration across the Group
Risks identified by the company
Decline in existing businesses
Intensifying price competition
Geopolitical changes in markets
Failure of investment in new businesses
Increased research and development
Decline in short-term profits
Longer investment recovery periods
Changes in roles
Changes in required skills
Changes in how work is carried out
| Item | Details |
|---|---|
| Plan name | Long-term management plan "Next35" |
| Plan period | Fiscal years ending March 2027 through March 2036 |
| Progress against the plan | Formulated |
| Sales Target | 437 (actual for the fiscal year ended March 2026) → Not disclosed |
| Operating profit target | 23（2025） → 43（2035） |
| ROE target | 5（2025） → 10（2035） |
| ROIC target | 5（2025） → 8（2035） |
| Payout ratio / DOE policy | The company aims for a payout ratio of 30% and will provide stable, phased returns to shareholders. The applicable period is Not disclosed. |
| Treasury share acquisition policy | The company plans to repurchase approximately ¥1.1 billion of its own shares in the fiscal year ending March 2027. It will continue to consider share repurchases on an opportunistic basis. |
| Total investment plan | ¥35.0 billion (fiscal 2026 through fiscal 2030) |
| Investment amount by sector | Field Strategic Investment / Amount ¥25 billion, Field M&A / Amount ¥10 billion |
| Key initiatives | Creation of new businesses and areas, Shift through value reconstruction, Shifting human resources through digitalization, Execution of co-creation schemes through venture capital activities, Pursuit of higher added value, Securing profits through scale expansion, Building business models for a new era, Expanding products and services and broadening geographic coverage, Improving operational quality while enhancing productivity, Expanding service value through collaboration across the Group |
| Risks identified | Decline in existing businesses, Intensifying price competition, Geopolitical changes in markets, Failure of investment in new businesses, Increased research and development, Decline in short-term profits, Longer investment recovery periods, Changes in roles, Changes in required skills, Changes in how work is carried out |
| Date of board resolution | 14 May 2026 |
| Publication date | 14 May 2026 |
Items this document does not state (10)
Operating profit margin targetNet income targetCost of capitalSelf-assessment of PBR and share priceSegment targetNon-financial targetsPlan assumptionsResults 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.Because changes in the business environment mean that the Group cannot grow through its existing businesses alone, the company determined that it was necessary to formulate its Purpose and management plan, including a transformation of the business portfolio, to drive Group growth.
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.