The Company established the medium- to long-term management plan "GIC30" covering the fiscal years ending March 2027 through March 2031, with targets including consolidated revenue of at least ¥300 billion and operating income of at least ¥12 billion for the fiscal year ending March 2031. It also decided on initiatives to improve corporate value and PBR, including progressive dividends, reducing cross-shareholdings, strengthening IR, and expanding globally.
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. The increase shown by the dotted line is calculated from the two reported figures because the company did not provide the amount of growth.
| Item | Details |
|---|---|
| Plan name | Medium- to long-term management plan "GIC30" (Global Innovation Company 30) |
| Plan period | Five-year plan covering the fiscal years ending March 2027 through March 2031 |
| Progress against the plan | Formulated |
| Sales Target | 227,511 (actual for the fiscal year ending March 2026) → At least ¥300 billion (target for the fiscal year ending March 2031) |
| Operating profit target | 7,511 (actual for the fiscal year ending March 2026) → At least ¥12 billion (target for the fiscal year ending March 2031) |
| Operating profit margin target | Not disclosed → At least 4% (target for the fiscal year ending March 2031) |
| Net income target | 7,422 (actual for the fiscal year ending March 2026) → Not disclosed |
| Payout ratio / DOE policy | During the "GIC30" period, the Company will move away from its previous policy of stable dividends and promote profit returns based on progressive dividends. The annual dividend for the fiscal year ending March 2027 is expected to be ¥120 (during the GIC30 period). |
| Treasury share acquisition policy | The Company acquired 3,000,000 shares over the three years through the fiscal year ending March 2026. Going forward, it will consider share buybacks while taking into account an appropriate balance between shareholder returns and growth investment. |
| Self-assessment of PBR and share price | PBR improved from 0.60x at the end of March 2026 to 0.81x at the end of August 2026, but remains below 1x. The share price has been trending upward, rising from ¥2,403 at the end of March 2025 to ¥2,858 at the end of March 2026 and ¥4,050 at the end of August 2026. The Company aims to achieve a PBR above 1x. |
| Plan assumptions | Accelerate global expansion focused on regions with customer demand, beginning with India, a growth market, Review progress in the third year to respond to changes in the business environment |
| Key initiatives | Drive business growth and improve profitability by implementing the initiatives under "GIC30", Improve share liquidity, Improve capital efficiency and strengthen shareholder returns, Conduct proactive IR activities, Proactively disseminate information |
| Date of board resolution | 7 September 2026 |
| Publication date | 7 September 2026 |
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 Company identifies the following factors behind PBR and PER remaining at low levels: profit levels temporarily declined from the record performance in the fiscal year ended March 2024 and are still recovering, the liquidity of its shares is low, and its recognition is limited in the B2B sector. In response, it plans to strengthen business growth, global expansion, reduction of cross-shareholdings, shareholder returns, and IR and information disclosure.