Worth reading
55In 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
13.9
% (increase in revenue compared with the fiscal year ending March 2026)Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+13.9%
基準 9,220Target10,500million
Operating profit+15.3%
基準 477Target550million
Operating profit margin0.0pt
基準 5.2Target5.2%
Net income for the current fiscal year+13.8%
基準 334Target380million
ROE+0.4pt
基準 4.6Target5%
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. For metrics expressed as percentages, differences are shown in percentage points (pt).The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
What happened to the previous planNot disclosed → Fiscal year ending March 2026 results: revenue ¥9,220 million, operating profit ¥477 million, net income ¥334 million, operating margin 5.2%, ROE 4.6%
Total investment planApproximately ¥400 million (business growth investments)
Investment amount by sectorField Strategic growth investment / Amount Not disclosed, Field Infrastructure investment / Amount Not disclosed
Statements about the use of capital
Payout ratio / DOE policyContinue and implement stable dividend payments, with a target DOE of 2.0% and a floor of 1.0% during the period of Medium-Term Management Plan 2029The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Business transformation
02Technology transformation
03Human capital transformation
04Strengthening the business structure
05Strengthening the global strategy
06Manufacturing that takes into consideration a circular society
07Strengthening Existing Businesses
08Strengthening Profitability
09Strengthening the development of new businesses
Segment targetSegment Automotive products / Net Sales ¥6,500 million and % / Operating profit ¥494 million and % / Operating profit margin 7.6%, Segment Industrial Materials / Net Sales ¥4,000 million and % / Operating profit ¥56 million and % / Operating profit margin 1.4%
Non-financial targetsIndicator name Market defects / Target value ゼロ / Timing Not disclosed
Risks identified by the company
Many material risks and uncertainties (specific items have not been disclosed)
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan 2029 |
| Plan period | Fiscal years ending March 2027–March 2029 |
| Progress against the plan | Formulated |
| Sales Target | ¥9,220 million → ¥10,500 million（13.9%） |
| Operating profit target | ¥477 million → ¥550 million（15.3%） |
| Operating profit margin target | 5.2% → 5.2% |
| Net income target | ¥334 million → ¥380 million（13.8%） |
| ROE target | 4.6% → 5.0% |
| Payout ratio / DOE policy | Continue and implement stable dividend payments, with a target DOE of 2.0% and a floor of 1.0% during the period of Medium-Term Management Plan 2029 |
| Total investment plan | Approximately ¥400 million (business growth investments) |
| Investment amount by sector | Field Strategic growth investment / Amount Not disclosed, Field Infrastructure investment / Amount Not disclosed |
| Segment target | Segment Automotive products / Net Sales ¥6,500 million and % / Operating profit ¥494 million and % / Operating profit margin 7.6%, Segment Industrial Materials / Net Sales ¥4,000 million and % / Operating profit ¥56 million and % / Operating profit margin 1.4% |
| Non-financial targets | Indicator name Market defects / Target value ゼロ / Timing Not disclosed |
| Key initiatives | Business transformation, Technology transformation, Human capital transformation, Strengthening the business structure, Strengthening the global strategy, Manufacturing that takes into consideration a circular society, Strengthening Existing Businesses, Strengthening Profitability, Strengthening the development of new businesses |
| Results under the previous plan | Not disclosed → Fiscal year ending March 2026 results: revenue ¥9,220 million, operating profit ¥477 million, net income ¥334 million, operating margin 5.2%, ROE 4.6% |
| Risks identified | Many material risks and uncertainties (specific items have not been disclosed) |
| Publication date | 13 May 2026 |
Items this document does not state (8)
ROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share pricePlan assumptionsReason for revision or withdrawalSize 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 achieve significant growth toward the next stage, the Company will accelerate efforts in new technologies and DX-related fields in a digitized society, in addition to further developing its existing businesses, and transform its corporate structure into one that generates greater added value while enhancing engagement with customers and employees.
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.