Worth reading
61In focus
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Mixed performance
Direction inferred from the company’s description.Scale
2500
¥100 million (consolidated net sales target for the fiscal year ending March 2030)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales-98.8%
基準 206,441Target2,500million / ¥100 million
Operating profit-89.5%
基準 19,408Target2,030million / ¥100 million
Net income for the current fiscal year-86.1%
基準 14,642Target2,030million / ¥100 million
ROE+4.0pt
基準 2,026Target2,030%
ROIC+4.0pt
基準 2,026Target2,030%
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 planNet Sales 210,000 / Operating profit 19,000 / Net income for the current fiscal year 13,000 / ROE 11.5% / ROIC 14.0% → Net Sales 206,441 / Operating profit 19,408 / Net income for the current fiscal year 14,642 / ROE 12.5% / ROIC 13.7%
Total investment planGrowth investments of ¥45.0 billion to ¥55.0 billion
Investment amount by sectorField Growth investment / Amount ¥45.0 billion to ¥55.0 billion
Statements about the use of capital
Payout ratio / DOE policySet a floor of ¥155 for the annual dividend per share and aim to increase dividends, using a payout ratio of at least 60% as a guideline. 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.
Treasury share acquisition policyThe Company will consider purchasing treasury shares as appropriate, taking into account market conditions, capital efficiency and the status of growth investments.
Key initiatives
01Strengthening the interior business
02Developing the comprehensive spatial solutions and exterior businesses
03Growth of Overseas Business
04Exploring and creating next-generation businesses
05Human Capital
06Digital capital
07R＆D
08Corporate branding
09M&A and new businesses
Plan assumptionsContraction of the Japanese market, A structural and serious labor supply-demand gap, Higher interest rates and inflation, Growing geopolitical risks and supply chain instability due to the effects of yen depreciation, Diversification of market needs and social issues, Growth in overseas markets, Rapid advancement of AI, Implementing Sustainable Management
Segment targetSegment Domestic interior segment / Net Sales ¥188 billion / Operating profit ¥21.5 billion, Segment Domestic exterior segment / Net Sales ¥7.8 billion / Operating profit ¥500 million, Segment Overseas segment / Net Sales ¥54.2 billion / Operating profit ¥3 billion
Non-financial targetsIndicator Percentage of Female Managers / Target value 27％ / Range Standalone / Timing Not disclosed, Indicator Percentage of men taking parental leave / Target value 100％ / Range Standalone / Timing Not disclosed, Indicator Renovation activities at children's residential care facilities / Target value 50 projects / year / Range Consolidated / Timing Not disclosed, Indicator GHG emissions reduction (Scopes 1 and 2) / Target value Carbon Neutrality / Range Standalone / Timing Not disclosed, Indicator GHG emissions reduction (Scopes 1 and 2) / Target value 55% reduction from fiscal 2021 / Range Consolidated / Timing Not disclosed, Indicator GHG emissions reduction (Scope 3) / Target value Reduction of GHG emissions by suppliers / Range Consolidated / Timing Not disclosed
Risks identified by the company
Contraction of the Japanese market
A structural and serious labor supply-demand gap
Higher interest rates and inflation
Growing geopolitical risks and supply chain instability due to the effects of yen depreciation
Reason for revision or withdrawal
In light of recent changes in the business environment and the characteristics, potential and challenges of each business the Company addresses.
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan 2029 |
| Plan period | Fiscal years ending March 2027 to March 2030 |
| Progress against the plan | Formulated |
| Sales Target | 206,441 (actual for the fiscal year ending March 2026) → 2,500 (target for the fiscal year ending March 2030) |
| Operating profit target | 19,408 (actual for the fiscal year ending March 2026) → 250 (target for the fiscal year ending March 2030) |
| Net income target | 14,642 (actual for the fiscal year ending March 2026) → 170 (target for the fiscal year ending March 2030) |
| ROE target | 12.5% (actual for the fiscal year ending March 2026) → 14.0% (target for the fiscal year ending March 2030) |
| ROIC target | 13.7% (actual for the fiscal year ending March 2026) → 11.0% (target for the fiscal year ending March 2030) |
| Payout ratio / DOE policy | Set a floor of ¥155 for the annual dividend per share and aim to increase dividends, using a payout ratio of at least 60% as a guideline. Period covered: Not disclosed |
| Treasury share acquisition policy | The Company will consider purchasing treasury shares as appropriate, taking into account market conditions, capital efficiency and the status of growth investments. |
| Total investment plan | Growth investments of ¥45.0 billion to ¥55.0 billion |
| Investment amount by sector | Field Growth investment / Amount ¥45.0 billion to ¥55.0 billion |
| Segment target | Segment Domestic interior segment / Net Sales ¥188 billion / Operating profit ¥21.5 billion, Segment Domestic exterior segment / Net Sales ¥7.8 billion / Operating profit ¥500 million, Segment Overseas segment / Net Sales ¥54.2 billion / Operating profit ¥3 billion |
| Non-financial targets | Indicator Percentage of Female Managers / Target value 27％ / Range Standalone / Timing Not disclosed, Indicator Percentage of men taking parental leave / Target value 100％ / Range Standalone / Timing Not disclosed, Indicator Renovation activities at children's residential care facilities / Target value 50 projects / year / Range Consolidated / Timing Not disclosed, Indicator GHG emissions reduction (Scopes 1 and 2) / Target value Carbon Neutrality / Range Standalone / Timing Not disclosed, Indicator GHG emissions reduction (Scopes 1 and 2) / Target value 55% reduction from fiscal 2021 / Range Consolidated / Timing Not disclosed, Indicator GHG emissions reduction (Scope 3) / Target value Reduction of GHG emissions by suppliers / Range Consolidated / Timing Not disclosed |
| Plan assumptions | Contraction of the Japanese market, A structural and serious labor supply-demand gap, Higher interest rates and inflation, Growing geopolitical risks and supply chain instability due to the effects of yen depreciation, Diversification of market needs and social issues, Growth in overseas markets, Rapid advancement of AI, Implementing Sustainable Management |
| Key initiatives | Strengthening the interior business, Developing the comprehensive spatial solutions and exterior businesses, Growth of Overseas Business, Exploring and creating next-generation businesses, Human Capital, Digital capital, R＆D, Corporate branding, M&A and new businesses |
| Results under the previous plan | Net Sales 210,000 / Operating profit 19,000 / Net income for the current fiscal year 13,000 / ROE 11.5% / ROIC 14.0% → Net Sales 206,441 / Operating profit 19,408 / Net income for the current fiscal year 14,642 / ROE 12.5% / ROIC 13.7% |
| Reason for revision or withdrawal | In light of recent changes in the business environment and the characteristics, potential and challenges of each business the Company addresses. |
| Risks identified | Contraction of the Japanese market, A structural and serious labor supply-demand gap, Higher interest rates and inflation, Growing geopolitical risks and supply chain instability due to the effects of yen depreciation |
| Publication date | 13 May 2026 |
Items this document does not state (5)
Operating profit margin targetCost of capitalSelf-assessment of PBR and share priceSize 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 shift to a growth strategy centered on its core business of "total interior," in light of recent changes in the business environment, the contraction of the domestic market, labor shortages, and the characteristics, potential and challenges of each business.
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.