Worth reading
50Recurring
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
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Items stated in the management plan
Partially revisedWhat happened to the previous planNot disclosed → For the fiscal year ended February 2026, both net sales and profit fell substantially below the initial forecasts.
Statements about the use of capital
Treasury share acquisition policyThe company continues to consider the active use of treasury shares, but has not implemented any measures due to the depressed share price.
Self-assessment of PBR and share priceThe company recognizes that its share price has remained depressed due to prolonged poor business performance. The average daily closing price from December 2025 through February 2026 was ¥398.74.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Improve the accuracy of production planning
02Review and strengthen the maintenance framework
03Develop human resources through manufacturing management training sessions
04Reduce manufacturing costs through further development of manufacturing technologies
05Establish a framework that enables the Sakura Plant to return to full production at an early stage and restore customer confidence
06Strengthen earnings power by increasing added value through the development of new products
07Improve operational efficiency through DX and other measures
08Hold company briefings and financial results briefings for shareholders
09Post materials from financial results briefings on the website for investors
10Reduce either or both of the treasury shareholding ratio and the shareholding ratio held by the company's management
Non-financial targetsIndicator Market capitalization of tradable shares / Target value ¥1.00 billion / Timing End of February 2027, Indicator Tradable share ratio / Target value 25.0％ / Timing End of February 2027
Risks identified by the company
Non-compliance with the market capitalization of tradable shares criterion
Non-compliance with the tradable share ratio criterion
Designation as a Security Under Supervision (Confirmation Underway) if compliance cannot be confirmed during the improvement period ending 28 February 2027
Designation as a Security to Be Delisted and delisting on 1 September 2027 if compliance still cannot be confirmed thereafter
Reason for revision or withdrawal
Because the company changed its fiscal year-end, the plan period for achieving compliance, which had been set through the end of March 2026, was extended through the end of February 2027.
| Item | Details |
|---|---|
| Plan name | Plan for Compliance with Listing Maintenance Criteria under the New Market Segments |
| Plan period | Before change: end of March 2026; after change: end of February 2027 |
| Progress against the plan | Partially revised |
| Treasury share acquisition policy | The company continues to consider the active use of treasury shares, but has not implemented any measures due to the depressed share price. |
| Self-assessment of PBR and share price | The company recognizes that its share price has remained depressed due to prolonged poor business performance. The average daily closing price from December 2025 through February 2026 was ¥398.74. |
| Non-financial targets | Indicator Market capitalization of tradable shares / Target value ¥1.00 billion / Timing End of February 2027, Indicator Tradable share ratio / Target value 25.0％ / Timing End of February 2027 |
| Key initiatives | Improve the accuracy of production planning, Review and strengthen the maintenance framework, Develop human resources through manufacturing management training sessions, Reduce manufacturing costs through further development of manufacturing technologies, Establish a framework that enables the Sakura Plant to return to full production at an early stage and restore customer confidence, Strengthen earnings power by increasing added value through the development of new products, Improve operational efficiency through DX and other measures, Hold company briefings and financial results briefings for shareholders, Post materials from financial results briefings on the website for investors, Reduce either or both of the treasury shareholding ratio and the shareholding ratio held by the company's management |
| Results under the previous plan | Not disclosed → For the fiscal year ended February 2026, both net sales and profit fell substantially below the initial forecasts. |
| Reason for revision or withdrawal | Because the company changed its fiscal year-end, the plan period for achieving compliance, which had been set through the end of March 2026, was extended through the end of February 2027. |
| Risks identified | Non-compliance with the market capitalization of tradable shares criterion, Non-compliance with the tradable share ratio criterion, Designation as a Security Under Supervision (Confirmation Underway) if compliance cannot be confirmed during the improvement period ending 28 February 2027, Designation as a Security to Be Delisted and delisting on 1 September 2027 if compliance still cannot be confirmed thereafter |
| Publication date | 29 May 2026 |
Items this document does not state (14)
Sales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyCost of capitalTotal investment planInvestment amount by sectorSegment targetPlan assumptionsSize 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 plan period was extended because the company changed its fiscal year-end. In addition, production operations were suspended following a minor fire on the manufacturing line at the Sakura Plant in November 2025, forcing the company to reduce product shipments. As a result, net sales and profit for the fiscal year ended February 2026 fell substantially below the initial forecasts.
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.