Worth reading
30Immaterial
Scored from 5 of 6 sectionsDirection
Neutral
Direction inferred from the company’s description.Scale
12000
Hundreds of millions of yenWording
Avoiding a definitive answer
How definitive the wording is.Contents of this document
Medium-Term Management Plan PresentationFiscal year ending March 20296 items taken from the company’s own explanation
Financial Results Figures (The key points of this material are explained below)
Net income11,000 Hundreds of millions of yen
What the company explained in this material
New initiatives
Formulation and publication of Medium-Term Management Plan 2029, establishment of a ¥140 dividend floor, and a policy of implementing dividends and share repurchases with a target of approximately 50% of underlying operating cash flowMedium-term management plan targets
Underlying operating cash flow
12,000 Hundreds of millions of yen
Target fiscal yearFiscal year ending March 2029
Profit attributable to owners of the parent
11,000 Hundreds of millions of yen
Target fiscal yearFiscal year ending March 2029
ROE
12 %
Target fiscal yearFiscal year ending March 2029
Financial targets
ROE
Target value12 %
Target fiscal yearFiscal year ending March 2029
Annual Dividend
Annual dividend per share
¥140
NotesFloor for the fiscal years ending March 2027 through March 2029
Payout ratio
Shareholder Return PolicyImplement dividends and share repurchases with a target of approximately 50% of cumulative underlying operating cash flow over the 3-year period
Acquisition of treasury shares
Policy of returning value to shareholders through dividends and share repurchases. The amount, number of shares and period of the repurchase authorization have not been disclosed| Item | Details |
|---|---|
| Document type | Medium-Term Management Plan Presentation |
| Fiscal Period Covered | Fiscal year ending March 2029 |
| Net income | 11,000 Hundreds of millions of yen |
| Medium-term management plan targets | Underlying operating cash flow 12,000 Hundreds of millions of yen / Profit attributable to owners of the parent 11,000 Hundreds of millions of yen / ROE 12 % |
| Financial targets | ROE Target value 12 % / Target fiscal year Fiscal year ending March 2029 |
| Annual Dividend | Annual dividend per share ¥140 / Interim and Year-End Breakdown Not disclosed |
| Payout ratio | Rate Not disclosed / Total payout ratio Not disclosed / DOE Not disclosed / Shareholder Return Policy Implement dividends and share repurchases with a target of approximately 50% of cumulative underlying operating cash flow over the 3-year period |
| Acquisition of treasury shares | Policy of returning value to shareholders through dividends and share repurchases. The amount, number of shares and period of the repurchase authorization have not been disclosed |
| New initiatives | Formulation and publication of Medium-Term Management Plan 2029, establishment of a ¥140 dividend floor, and a policy of implementing dividends and share repurchases with a target of approximately 50% of underlying operating cash flow |
Items this document does not state (22)
Net SalesOperating profitOrdinary incomeGross Profit MarginOperating profit marginSelling, general and administrative expensesResults for the three months of the current quarterFull-year earnings forecastProgress against full-year forecastSelf-assessment against the planSegment resultsBreakdown of Factors Affecting the ChangeKey KPIsUnit price and quantity metricsNumber of stores and locationsNumber of employeesAssumptions Underlying the Business OutlookRisk amount incorporated into the outlookCapital expendituresOrders received and order backlogMarket Size / ShareKey points of the Q&A
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 company announced the formulation of its medium-term management plan. Regarding its shareholder return policy, it explained that progressive dividends would continue from the previous medium-term management plan.
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.