Worth reading
36Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
110
¥100 million (target consolidated net sales for fiscal 2028)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet SalesNot disclosed → ¥110 100 million
ROENot disclosed → 2 %
Only the target level is shown because the current level for comparison was not provided.Statements about the use of capital
Payout ratio / DOE policyTarget fare level Sustainable shareholder returns based on an annual dividend of ¥30 per share / Period Covered Not disclosedThe payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Change how the business is structured (redefine the business portfolio)
02Change the products (develop products with consumer needs in mind)
03Change how products are sold (shift to direct and recurring sales)
04Change how we think (AI- and data-driven management)
Non-financial targetsIndicator Obtaining SBT certification / Target value Acquisition / Timing During fiscal 2026, Indicator AI training / Target value Provided to all employees / Timing Not disclosed
Risks identified by the company
Market contraction
Rising costs
Changes in the external environment, including digitalization
Existence of unprofitable businesses
Delays in moving away from product-based sales
Excessive dependence on individuals in business operations
Market maturation
Intensifying price competition
| Item | Details |
|---|---|
| Plan name | Three-Year Group Plan |
| Plan period | Fiscal years 2026-2028 |
| Progress against the plan | Formulated |
| Sales Target | Not disclosed → ¥110 100 million |
| ROE target | Not disclosed → 2 % |
| Payout ratio / DOE policy | Target fare level Sustainable shareholder returns based on an annual dividend of ¥30 per share / Period Covered Not disclosed |
| Non-financial targets | Indicator Obtaining SBT certification / Target value Acquisition / Timing During fiscal 2026, Indicator AI training / Target value Provided to all employees / Timing Not disclosed |
| Key initiatives | Change how the business is structured (redefine the business portfolio), Change the products (develop products with consumer needs in mind), Change how products are sold (shift to direct and recurring sales), Change how we think (AI- and data-driven management) |
| Risks identified | Market contraction, Rising costs, Changes in the external environment, including digitalization, Existence of unprofitable businesses, Delays in moving away from product-based sales, Excessive dependence on individuals in business operations, Market maturation, Intensifying price competition |
| Publication date | 15 May 2026 |
Items this document does not state (15)
Operating profit targetOperating profit margin targetNet income targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetPlan assumptionsResults under the previous planReason 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.The plan is intended to complete a “solid foundation” for sustainably enhancing corporate value by building on the trust and business foundation cultivated over more than 210 years of history and responding to the needs of a changing era. The Company also cites the need to overcome challenges including market contraction, rising costs, the existence of unprofitable businesses, delays in moving away from product-based sales and excessive dependence on individuals in business operations.
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.