Worth reading
44Recurring
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
9000
¥ million (FY2028 revenue target)Wording
Conditional
How definitive the wording is.Items stated in the management plan
Annual updateNet Sales+17.8%
基準 7,639Target9,000million
Operating profit+30.4%
基準 690Target900million
Operating profit margin+1.0pt
基準 9Target10% (change in percentage points)
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).
Net income for the current fiscal year¥373 million → Not disclosed
Only the target level is shown because the current level for comparison was not provided.What happened to the previous plan¥6,481 million (FY2026 revenue versus forecast) → ¥6,694 million (FY2026 revenue versus forecast)（+3.3%）+3.3%Calculated from the two disclosed figures
Key initiatives
01Strengthening the existing children's photography business
02Expanding photography scenes across life stages
Segment targetSegment Photo weddings / Revenue and profit targets Not disclosed / Store count target 27 / Timing Fiscal year ending September 2027, Segment Anniversary photography / Revenue and profit targets Not disclosed / Store count target 15 / Timing Fiscal year ending September 2027
Non-financial targetsIndicator Number of new stores opened / Target value 3 / Timing Fiscal year ending September 2027, Indicator Number of photo wedding stores / Target value 27 / Timing Fiscal year ending September 2027, Indicator Number of anniversary photo stores / Target value 15 / Timing Fiscal year ending September 2027
Risks identified by the company
The fact that future results are not guaranteed
Risks and uncertainties
Changes in the operating environment
Known or unknown risks, uncertainties, and other factors
The accuracy and appropriateness of public information and other information concerning parties other than the company
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan |
| Plan period | FY2024/9–FY2028/9 |
| Progress against the plan | Annual update |
| Sales Target | ¥7,639 million → ¥9,000 million（+17.8%） |
| Operating profit target | ¥690 million → ¥900 million（+30.4%） |
| Operating profit margin target | 9 % (change in percentage points) → 10 % (change in percentage points)（+11.1%） |
| Net income target | ¥373 million → Not disclosed |
| Segment target | Segment Photo weddings / Revenue and profit targets Not disclosed / Store count target 27 / Timing Fiscal year ending September 2027, Segment Anniversary photography / Revenue and profit targets Not disclosed / Store count target 15 / Timing Fiscal year ending September 2027 |
| Non-financial targets | Indicator Number of new stores opened / Target value 3 / Timing Fiscal year ending September 2027, Indicator Number of photo wedding stores / Target value 27 / Timing Fiscal year ending September 2027, Indicator Number of anniversary photo stores / Target value 15 / Timing Fiscal year ending September 2027 |
| Key initiatives | Strengthening the existing children's photography business, Expanding photography scenes across life stages |
| Results under the previous plan | ¥6,481 million (FY2026 revenue versus forecast) → ¥6,694 million (FY2026 revenue versus forecast)（+3.3%） |
| Risks identified | The fact that future results are not guaranteed, Risks and uncertainties, Changes in the operating environment, Known or unknown risks, uncertainties, and other factors, The accuracy and appropriateness of public information and other information concerning parties other than the company |
| Publication date | 12 November 2026 |
Items this document does not state (12)
ROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorPlan assumptionsReason 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.Revenue increased due to higher numbers of photo wedding shoots, higher average revenue per shoot, increased revenue from anniversary photos and the consolidation of エミュ. Operating profit increased due to efforts to contain the rise in personnel expenses through efficient store operations, the absence of impairment losses related to store closures and relocations recorded in the previous fiscal year, and improved profitability resulting from higher average prices. For the fiscal year ending September 2027, full-year consolidation of エミュ, the full-year contribution from stores opened in the previous fiscal year and the opening of new stores are expected to drive revenue 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.