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Management planning8217OKUWA CO.,LTD.Retail

Notice Regarding the Withdrawal of Target Figures in the Medium-Term Management Plan

The ¥7 billion operating profit target for the medium-term management plan ending in the fiscal year ending February 2027 was withdrawn after being deemed unattainable, and the current plan was terminated. The operating profit outlook for the fiscal year ending February 2027 is ¥2.1 billion, and the timing for formulating and announcing the next medium-term management plan has not been determined.

Worth reading
40Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.
Direction
Deterioration
Direction inferred from the company’s description.
Scale
21
¥100 million (operating profit outlook for the fiscal year ending February 2027)
Wording
Conditional
How definitive the wording is.

Items stated in the management plan

Withdrawn
Medium-Term Management PlanPlan period Ending in the fiscal year ending February 2027 (start year not disclosed)
Publication date 6 April 2026
Operating profit-70.0%
基準 70Target21million

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.

What happened to the previous plan¥70 million → ¥21 million-70.0%Calculated from the two disclosed figures
Key initiatives
01Capital Policy
02Branch Strategy
03Product Strategy
04Sales Promotion Initiatives
Risks identified by the company
Escalation of tensions in the Middle East
Surging energy and logistics costs
Uncertainty in the External Environment
Reason for revision or withdrawal

Based on recent financial results, we have determined that achieving the initial target would be difficult, as the operating profit outlook for the fiscal year ending February 2027 is assumed to be ¥2.1 billion. In addition, given the extremely uncertain external environment, including surging energy and logistics costs amid heightened tensions in the Middle East, we determined that it would be difficult to reasonably reset the target achievement timeline at this time. Accordingly, we decided to withdraw the target figures.

Items stated in the management plan
ItemDetails
Plan nameMedium-Term Management Plan
Plan periodEnding in the fiscal year ending February 2027 (start year not disclosed)
Progress against the planWithdrawn
Operating profit target¥70 million → ¥21 million
Key initiativesCapital Policy, Branch Strategy, Product Strategy, Sales Promotion Initiatives
Results under the previous plan¥70 million → ¥21 million
Reason for revision or withdrawalBased on recent financial results, we have determined that achieving the initial target would be difficult, as the operating profit outlook for the fiscal year ending February 2027 is assumed to be ¥2.1 billion. In addition, given the extremely uncertain external environment, including surging energy and logistics costs amid heightened tensions in the Middle East, we determined that it would be difficult to reasonably reset the target achievement timeline at this time. Accordingly, we decided to withdraw the target figures.
Risks identifiedEscalation of tensions in the Middle East, Surging energy and logistics costs, Uncertainty in the External Environment
Publication date6 April 2026
Items this document does not state (16)
Sales TargetOperating profit margin targetNet income targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetNon-financial targetsPlan assumptionsSize 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.

Based on recent financial results, the operating profit outlook for the fiscal year ending February 2027 is assumed to be ¥2.1 billion, making it difficult to achieve the initial target. In addition, the external environment is extremely uncertain due to surging energy and logistics costs amid heightened tensions in the Middle East, making it difficult to reasonably reset the target achievement timeline.

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Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Notice Regarding the Withdrawal of Target Figures in the Medium-Term Management Plan | OKUWA CO.,LTD. (8217) timely disclosure | Komori