Worth reading
48Recurring
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
-400
¥ million (change from the previous plan in the FY36 sales target)Wording
Conditional
How definitive the wording is.Items stated in the management plan
Partially revisedSales Target35th fiscal year 9,500 / FY36 10,500 → 35th fiscal year 9,300 / FY36 10,100 / FY37 11,000（35th fiscal year -2.1% / FY36 -3.8% / FY37 Not disclosed）
Operating profit target35th fiscal year 500 / FY36 600 → 35th fiscal year 290 / FY36 430 / FY37 600（35th fiscal year -42.0% / FY36 -28.3% / FY37 Not disclosed）
Operating profit margin target35th fiscal year 5.3% / FY36 5.7% → 35th fiscal year 3.1% / FY36 4.3% / FY37 5.5%（35th fiscal year -41.5% / FY36 -24.6% / FY37 Not disclosed）
Net income target35th fiscal year 375 / FY36 450 → 35th fiscal year 230 / FY36 375 / FY37 450（35th fiscal year -38.7% / FY36 -16.7% / FY37 Not disclosed）
ROE targetNot disclosed → 35th fiscal year 6.6% / FY36 10.2% / FY37 11.3%ROE is the percentage of profit generated from money provided by shareholders.
What happened to the previous plan34th fiscal year Net Sales ¥8,800 million / Operating profit ¥400 million / Ordinary income ¥425 million / Profit attributable to owners of the parent ¥275 million / 35th fiscal year Net Sales ¥9,500 million / Operating profit ¥500 million / Ordinary income ¥550 million / Profit attributable to owners of the parent ¥375 million / FY36 Net Sales ¥10,500 million / Operating profit ¥600 million / Ordinary income ¥650 million / Profit attributable to owners of the parent ¥450 million → Not disclosed (actual results not provided)
Statements about the use of capital
Payout ratio / DOE policyDividend payout ratio of 30% for FY35 through FY37. Dividends per share are ¥21 for FY35, ¥33 for FY36 and ¥40 for FY37.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01① Expand the domestic market and pursue new fields
02② Strengthen manufacturing capabilities
03③ Strengthen the management base and develop the human resources to support it
04④ Strengthen overseas markets in East and Southeast Asia
Plan assumptionsAssumed exchange rate: ¥160 to US$1. The plan reflects recent performance, demand trends in each market, foreign exchange rates, raw material prices, product costs, sales mix, procurement prices, personnel expenses, logistics costs and trends in other costs.
Segment targetSegment Welfare-equipment distribution market / Sales Target 35th fiscal year ¥5,200 million / FY36 ¥5,600 million / FY37 ¥5,900 million, Segment Medical and senior-care facility market / Sales Target 35th fiscal year ¥2,650 million / FY36 ¥2,900 million / FY37 ¥3,300 million, Segment Furniture and bedding distribution market / Sales Target 35th fiscal year ¥1,250 million / FY36 ¥1,350 million / FY37 ¥1,500 million, Segment Overseas Markets / Sales Target 35th fiscal year ¥200 million / FY36 ¥250 million / FY37 ¥300 million
Risks identified by the company
Actual results may differ from the planned figures due to various factors in the future.
Reason for revision or withdrawal
The numerical plan was reviewed to reflect recent performance, demand trends in each market, foreign exchange rates and raw material prices and other business conditions.
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan (Rolling Update) |
| Plan period | FY35 (July 2026-June 2027) through FY37 (July 2028-June 2029) |
| Progress against the plan | Partially revised |
| Sales Target | 35th fiscal year 9,500 / FY36 10,500 → 35th fiscal year 9,300 / FY36 10,100 / FY37 11,000（35th fiscal year -2.1% / FY36 -3.8% / FY37 Not disclosed） |
| Operating profit target | 35th fiscal year 500 / FY36 600 → 35th fiscal year 290 / FY36 430 / FY37 600（35th fiscal year -42.0% / FY36 -28.3% / FY37 Not disclosed） |
| Operating profit margin target | 35th fiscal year 5.3% / FY36 5.7% → 35th fiscal year 3.1% / FY36 4.3% / FY37 5.5%（35th fiscal year -41.5% / FY36 -24.6% / FY37 Not disclosed） |
| Net income target | 35th fiscal year 375 / FY36 450 → 35th fiscal year 230 / FY36 375 / FY37 450（35th fiscal year -38.7% / FY36 -16.7% / FY37 Not disclosed） |
| ROE target | Not disclosed → 35th fiscal year 6.6% / FY36 10.2% / FY37 11.3% |
| Payout ratio / DOE policy | Dividend payout ratio of 30% for FY35 through FY37. Dividends per share are ¥21 for FY35, ¥33 for FY36 and ¥40 for FY37. |
| Segment target | Segment Welfare-equipment distribution market / Sales Target 35th fiscal year ¥5,200 million / FY36 ¥5,600 million / FY37 ¥5,900 million, Segment Medical and senior-care facility market / Sales Target 35th fiscal year ¥2,650 million / FY36 ¥2,900 million / FY37 ¥3,300 million, Segment Furniture and bedding distribution market / Sales Target 35th fiscal year ¥1,250 million / FY36 ¥1,350 million / FY37 ¥1,500 million, Segment Overseas Markets / Sales Target 35th fiscal year ¥200 million / FY36 ¥250 million / FY37 ¥300 million |
| Plan assumptions | Assumed exchange rate: ¥160 to US$1. The plan reflects recent performance, demand trends in each market, foreign exchange rates, raw material prices, product costs, sales mix, procurement prices, personnel expenses, logistics costs and trends in other costs. |
| Key initiatives | ① Expand the domestic market and pursue new fields, ② Strengthen manufacturing capabilities, ③ Strengthen the management base and develop the human resources to support it, ④ Strengthen overseas markets in East and Southeast Asia |
| Results under the previous plan | 34th fiscal year Net Sales ¥8,800 million / Operating profit ¥400 million / Ordinary income ¥425 million / Profit attributable to owners of the parent ¥275 million / 35th fiscal year Net Sales ¥9,500 million / Operating profit ¥500 million / Ordinary income ¥550 million / Profit attributable to owners of the parent ¥375 million / FY36 Net Sales ¥10,500 million / Operating profit ¥600 million / Ordinary income ¥650 million / Profit attributable to owners of the parent ¥450 million → Not disclosed (actual results not provided) |
| Reason for revision or withdrawal | The numerical plan was reviewed to reflect recent performance, demand trends in each market, foreign exchange rates and raw material prices and other business conditions. |
| Risks identified | Actual results may differ from the planned figures due to various factors in the future. |
| Publication date | 7 August 2026 |
Items this document does not state (9)
ROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorNon-financial targetsSize 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.The sales plan was reviewed to reflect recent performance, demand trends in each market, foreign exchange rates and raw material prices, as well as demand and sales conditions in the welfare equipment distribution market, medical and senior-care facility market, and furniture and bedding distribution market in Japan, and the progress of the joint venture in China and collaboration with partners in South Korea in overseas markets. In terms of profit, the plan reflects expected improvements in the gross profit margin through lower product costs and an improved sales mix, as well as trends in foreign exchange rates, procurement prices, personnel expenses, logistics costs and other costs.
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.
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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.