Worth reading
36Immaterial
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
10
percentage pointsWording
Conditional
How definitive the wording is.Items stated in the management plan
Partially revisedWhat happened to the previous planMaintain a stable dividend of ¥50 while targeting a payout ratio of 30% → Not disclosed
Statements about the use of capital
Payout ratio / DOE policyThe target payout ratio is approximately 40%. Applicable from fiscal 2026 (fiscal year ending March 2027).The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Plan assumptionsThe current operating environment and the growth potential expected as merger synergies take full effect
Reason for revision or withdrawal
To further enhance shareholder returns in light of the current operating environment and the growth potential expected as merger synergies take full effect.
| Item | Details |
|---|---|
| Plan name | Second Medium-Term Management Plan (“Challenge and Creation 2nd stage” — Toward a Virtuous Cycle in the Region) |
| Progress against the plan | Partially revised |
| Payout ratio / DOE policy | The target payout ratio is approximately 40%. Applicable from fiscal 2026 (fiscal year ending March 2027). |
| Plan assumptions | The current operating environment and the growth potential expected as merger synergies take full effect |
| Results under the previous plan | Maintain a stable dividend of ¥50 while targeting a payout ratio of 30% → Not disclosed |
| Reason for revision or withdrawal | To further enhance shareholder returns in light of the current operating environment and the growth potential expected as merger synergies take full effect. |
| Date of board resolution | 15 May 2026 |
| Publication date | 15 May 2026 |
Items this document does not state (17)
Plan periodSales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetNon-financial targetsKey initiativesSize of the Target MarketRisks identified
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 further enhance shareholder returns in light of the current operating environment and the growth potential expected as merger synergies take full effect.
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.