Worth reading
57In 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
300
¥ millionWording
Conditional
How definitive the wording is.Items stated in the management plan
Partially revisedWhat happened to the previous plan¥300 million (total for phases 2 and 3) → Not disclosed
Total investment plan¥300 million before the change and ¥600 million after the change (combined total for the fiscal years ending March 2027 and March 2028)
Investment amount by sectorField Phase 2 / Amount ¥200 million / Implementation date Fiscal year ending March 2027, Field Phase 3 / Amount ¥400 million / Implementation date Fiscal year ending March 2028
Key initiatives
01Expansion of glass stretching equipment and introduction of automated inspection equipment and other systems
02Automation of the manufacturing process
03Expansion of the production line's net operating hours under the new process
04Improvement in throughput through a higher yield rate
05Staff reduction through the expanded introduction of automated inspection equipment and other systems
06Two-site setup comprising the head office plant and 新潟岡本硝子株式会社
07Design-in with optical transceiver manufacturers
Non-financial targetsIndicator name Monthly glass polarizer production / Target value 16 times the July 2026 level / Timing Not disclosed
Reason for revision or withdrawal
To increase the capital investment amount for the fiscal year ending March 2028 from ¥100 million to ¥400 million and advance automation of the manufacturing process. The company will expand the production line's net operating hours under the new process, improve throughput by increasing the yield rate, reduce staffing through the expanded introduction of automated inspection equipment and other systems, and establish a two-site setup comprising the head office plant and 新潟岡本硝子株式会社 from a BCP perspective.
| Item | Details |
|---|---|
| Plan name | Capital Investment Plan under the Medium-Term Management Plan |
| Plan period | Fiscal years ending March 2027 and March 2028 |
| Progress against the plan | Partially revised |
| Total investment plan | ¥300 million before the change and ¥600 million after the change (combined total for the fiscal years ending March 2027 and March 2028) |
| Investment amount by sector | Field Phase 2 / Amount ¥200 million / Implementation date Fiscal year ending March 2027, Field Phase 3 / Amount ¥400 million / Implementation date Fiscal year ending March 2028 |
| Non-financial targets | Indicator name Monthly glass polarizer production / Target value 16 times the July 2026 level / Timing Not disclosed |
| Key initiatives | Expansion of glass stretching equipment and introduction of automated inspection equipment and other systems, Automation of the manufacturing process, Expansion of the production line's net operating hours under the new process, Improvement in throughput through a higher yield rate, Staff reduction through the expanded introduction of automated inspection equipment and other systems, Two-site setup comprising the head office plant and 新潟岡本硝子株式会社, Design-in with optical transceiver manufacturers |
| Results under the previous plan | ¥300 million (total for phases 2 and 3) → Not disclosed |
| Reason for revision or withdrawal | To increase the capital investment amount for the fiscal year ending March 2028 from ¥100 million to ¥400 million and advance automation of the manufacturing process. The company will expand the production line's net operating hours under the new process, improve throughput by increasing the yield rate, reduce staffing through the expanded introduction of automated inspection equipment and other systems, and establish a two-site setup comprising the head office plant and 新潟岡本硝子株式会社 from a BCP perspective. |
| Date of board resolution | 25 September 2026 |
| Publication date | 25 September 2026 |
Items this document does not state (14)
Sales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceSegment targetPlan assumptionsSize 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 advance automation of the manufacturing process, expand the net operating hours of the production line under the new process, improve throughput by increasing the yield rate, and reduce staffing through the expanded introduction of automated inspection equipment and other systems. In addition, a two-site setup will be established from a business continuity planning (BCP) perspective.
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.