Worth reading
28Immaterial
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Improvement
Direction inferred from the company’s description.Scale
—
Displayed only when the document provides numerical figures.Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedROENot disclosed → 10% or more (fiscal 2030)
Only the target level is shown because the current level for comparison was not provided.Statements about the use of capital
Payout ratio / DOE policyThe basic policy is to maintain stable dividends, while using DOE (dividend on equity) as a reference indicator in addition to the dividend payout ratio, with the aim of returning profits in line with sustainable growth.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Expand the earnings base for sustainable growth
02Create synergies with Group companies and partners
03Develop circular services
04Build brand identity
05Investment in Human Capital
06Promoting the DX Strategy
Risks identified by the company
U.S. tariff policies
Destabilization of the Middle East Situation
Decline in exports
Stagnation in capital investment
Risks that could restrain Japan’s economic growth rate
| Item | Details |
|---|---|
| Plan name | Medium-Term Plan 2028 |
| Plan period | Three years from fiscal 2026 through fiscal 2028 |
| Progress against the plan | Formulated |
| ROE target | Not disclosed → 10% or more (fiscal 2030) |
| Payout ratio / DOE policy | The basic policy is to maintain stable dividends, while using DOE (dividend on equity) as a reference indicator in addition to the dividend payout ratio, with the aim of returning profits in line with sustainable growth. |
| Key initiatives | Expand the earnings base for sustainable growth, Create synergies with Group companies and partners, Develop circular services, Build brand identity, Investment in Human Capital, Promoting the DX Strategy |
| Risks identified | U.S. tariff policies, Destabilization of the Middle East Situation, Decline in exports, Stagnation in capital investment, Risks that could restrain Japan’s economic growth rate |
| Publication date | 28 April 2026 |
Items this document does not state (17)
Sales TargetOperating profit targetOperating profit margin targetNet income targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment targetNon-financial targetsPlan 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.As the second stage toward realizing Group Vision 2030, “Solution Company Leading the Next-Generation Circular Society,” the Company aims to further develop the circular services it has created to date. It also aims to address risks such as U.S. tariff policies and increasing instability in the Middle East, while capturing growth opportunities including increased ICT investment and expanding demand for DX.
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.