Worth reading
62In focus
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
1500
¥100 billion (consolidated net sales target for the fiscal year ending March 2030)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+0.2%
基準 2,026Target2,030100 million
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. The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
ROENot disclosed → ROE of 10% or more on a consolidated basis
Only the target level is shown because the current level for comparison was not provided.What happened to the previous planNot disclosed → Consolidated net sales of ¥120.5 billion and consolidated ordinary profit of ¥12.3 billion (actual for the fiscal year ending March 2026)
Total investment planUp to ¥20 billion (cumulative from the fiscal year ending March 2027 through the fiscal year ending March 2030; growth investment allocation)
Investment amount by sectorField Growth investments, including M&A and capital expenditures / Amount Up to ¥20 billion (breakdown by area is Not disclosed)
Statements about the use of capital
Payout ratio / DOE policyThe company aims for a dividend payout ratio of 60% or more. The period covered is from the fiscal year ending March 2027 through the fiscal year ending March 2030. DOE 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 allocate up to ¥25 billion on a cumulative basis from the fiscal year ending March 2027 through the fiscal year ending March 2030 as a shareholder return allocation, primarily for dividends and including share buybacks. The specific amount, timing and terms of share buybacks are Not disclosed.
Self-assessment of PBR and share priceThe company will establish a framework aimed at achieving a PBR of 1.5 times or more by improving capital efficiency and market valuation. The current PBR level is Not disclosed.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Growth Strategy
02Balance sheet strategy
03Sustainability Strategy
Plan assumptionsConsolidated cash and deposits of ¥63.4 billion at the end of the fiscal year ending March 2026, Further accumulation of cash is expected as profits continue to grow.
Non-financial targetsIndicator 30-business-division structure generating ¥10 billion each / Target value 30-business-division structure generating ¥10 billion each / Timing Long-term vision (specific final year is Not disclosed)
Risks identified by the company
Sustainability-related issues and risks
Compliance-related issues
Disaster recovery costs
Reason for revision or withdrawal
To further update the three priority strategies pursued to date and achieve the goal of "building a company unlike any other in the world that will not go under and will continue to grow."
| Item | Details |
|---|---|
| Plan name | Second medium-term management plan |
| Plan period | 4 years from the fiscal year ending March 2027 (fiscal year 51) through the fiscal year ending March 2030 (fiscal year 54) |
| Progress against the plan | Formulated |
| Sales Target | ¥120.5 billion (actual for the fiscal year ending March 2026) → ¥150 billion (target for the fiscal year ending March 2030) |
| ROE target | Not disclosed → ROE of 10% or more on a consolidated basis |
| Payout ratio / DOE policy | The company aims for a dividend payout ratio of 60% or more. The period covered is from the fiscal year ending March 2027 through the fiscal year ending March 2030. DOE is Not disclosed. |
| Treasury share acquisition policy | The company plans to allocate up to ¥25 billion on a cumulative basis from the fiscal year ending March 2027 through the fiscal year ending March 2030 as a shareholder return allocation, primarily for dividends and including share buybacks. The specific amount, timing and terms of share buybacks are Not disclosed. |
| Self-assessment of PBR and share price | The company will establish a framework aimed at achieving a PBR of 1.5 times or more by improving capital efficiency and market valuation. The current PBR level is Not disclosed. |
| Total investment plan | Up to ¥20 billion (cumulative from the fiscal year ending March 2027 through the fiscal year ending March 2030; growth investment allocation) |
| Investment amount by sector | Field Growth investments, including M&A and capital expenditures / Amount Up to ¥20 billion (breakdown by area is Not disclosed) |
| Non-financial targets | Indicator 30-business-division structure generating ¥10 billion each / Target value 30-business-division structure generating ¥10 billion each / Timing Long-term vision (specific final year is Not disclosed) |
| Plan assumptions | Consolidated cash and deposits of ¥63.4 billion at the end of the fiscal year ending March 2026, Further accumulation of cash is expected as profits continue to grow. |
| Key initiatives | Growth Strategy, Balance sheet strategy, Sustainability Strategy |
| Results under the previous plan | Not disclosed → Consolidated net sales of ¥120.5 billion and consolidated ordinary profit of ¥12.3 billion (actual for the fiscal year ending March 2026) |
| Reason for revision or withdrawal | To further update the three priority strategies pursued to date and achieve the goal of "building a company unlike any other in the world that will not go under and will continue to grow." |
| Risks identified | Sustainability-related issues and risks, Compliance-related issues, Disaster recovery costs |
| Publication date | 30 October 2026 |
Items this document does not state (8)
Operating profit targetOperating profit margin targetNet income targetROIC targetCost of capitalSegment targetSize 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.To further update the three priority strategies pursued to date and achieve the goal of "building a company unlike any other in the world that will not go under and will continue to grow." In addition, to build the long-term vision of a "30-business-division structure generating ¥10 billion each," the company will work to expand its business portfolio, improve capital efficiency and strengthen its sustainability management foundation.
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.