Worth reading
35Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
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
Annual updateStatements about the use of capital
Payout ratio / DOE policyConsidering initiating shareholder returns (dividends). Numeric targets and the target period are Not disclosedThe 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 priceThe Company recognizes that its share price has remained weak. It identifies room for improvement in public relations and IR activities, as well as insufficient efforts to build market awareness and expectations, as factors.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Continued expansion of earnings power through steady execution of the business
02Considering the initiation of shareholder returns
03Considering increasing the number of tradable shares without dilution
04Raising awareness by strengthening information dissemination, including IR activities
05Regarding a transfer to the Standard Market
Risks identified by the company
If compliance with the market capitalization criterion for tradable shares cannot be confirmed during the improvement period ending 31 December 2026, the Company may be designated as a Security Under Supervision (Confirmation).
If compliance is still not confirmed thereafter, the Company may be designated as Securities to Be Delisted and delisted on 1 July 2027.
| Item | Details |
|---|---|
| Plan name | Plan to Meet the Listing Maintenance Criteria |
| Plan period | Through 31 December 2026 (improvement period) |
| Progress against the plan | Annual update |
| Payout ratio / DOE policy | Considering initiating shareholder returns (dividends). Numeric targets and the target period are Not disclosed |
| Self-assessment of PBR and share price | The Company recognizes that its share price has remained weak. It identifies room for improvement in public relations and IR activities, as well as insufficient efforts to build market awareness and expectations, as factors. |
| Key initiatives | Continued expansion of earnings power through steady execution of the business, Considering the initiation of shareholder returns, Considering increasing the number of tradable shares without dilution, Raising awareness by strengthening information dissemination, including IR activities, Regarding a transfer to the Standard Market |
| Risks identified | If compliance with the market capitalization criterion for tradable shares cannot be confirmed during the improvement period ending 31 December 2026, the Company may be designated as a Security Under Supervision (Confirmation)., If compliance is still not confirmed thereafter, the Company may be designated as Securities to Be Delisted and delisted on 1 July 2027. |
| Publication date | 31 March 2026 |
Items this document does not state (17)
Sales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetTreasury share acquisition policyCost of capitalTotal investment planInvestment amount by sectorSegment targetNon-financial targetsPlan assumptionsResults 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.For the fiscal year ended December 2025, the Company prioritized upfront investment for growth. It also cited room for improvement in public relations and IR activities as one factor behind the weak share price, stating that it had not done enough to build market awareness and expectations.
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.