Worth reading
46Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Neutral
Direction inferred from the company’s description.Scale
15
ROE target (%)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet income for the current fiscal yearNot disclosed → Self-operated business: ¥120 billion plus α
ROENot disclosed → Company-wide: 15% or higher
ROICNot disclosed → Company-wide: 7.5% or higher
Only the target level is shown because the current level for comparison was not provided.Total investment planInvestment CF (net): ¥900 billion
Investment amount by sectorCategory Investment CF (inflows) / Amount ¥200 billion, Category Investment CF (outflows) / Amount ¥1.1 trillion
Statements about the use of capital
Payout ratio / DOE policyOver the cumulative period of the medium-term management plan, the company plans to pay dividends of ¥120 per share (equivalent to ¥350 billion) and provide flexible shareholder returns of ¥350–450 billion, with the choice of dividends or share repurchases. Numerical targets for the payout ratio and DOE are Not disclosed.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Treasury share acquisition policyFor the flexible shareholder returns of ¥350–450 billion planned over the cumulative period of the medium-term management plan, the company plans to choose between dividends and share repurchases. Details of the timing and conditions of repurchases are Not disclosed.
Key initiatives
01Strategy
02Target outcome
03Cash allocation (cumulative over the medium-term management plan period)
04AI and Digital Strategy
05Environmental Vision
Segment targetSegment name Self-operated business / Sales target Not disclosed / Profit Target Net income of ¥120 billion plus α (FY2031 target)
Non-financial targetsIndicator GHG emissions (Scopes 1, 2 and 3) / Target value Net zero / Timing 2050, Indicator CO₂ emissions efficiency / Target value 40% improvement versus 2024 / Timing 2035
Reason for revision or withdrawal
The company revised it for the third time since 2021, taking into account changes in environmental issues and social expectations.
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan (FY2027–FY2031) |
| Plan period | FY2027 to FY2031 |
| Progress against the plan | Formulated |
| Net income target | Not disclosed → Self-operated business: ¥120 billion plus α |
| ROE target | Not disclosed → Company-wide: 15% or higher |
| ROIC target | Not disclosed → Company-wide: 7.5% or higher |
| Payout ratio / DOE policy | Over the cumulative period of the medium-term management plan, the company plans to pay dividends of ¥120 per share (equivalent to ¥350 billion) and provide flexible shareholder returns of ¥350–450 billion, with the choice of dividends or share repurchases. Numerical targets for the payout ratio and DOE are Not disclosed. |
| Treasury share acquisition policy | For the flexible shareholder returns of ¥350–450 billion planned over the cumulative period of the medium-term management plan, the company plans to choose between dividends and share repurchases. Details of the timing and conditions of repurchases are Not disclosed. |
| Total investment plan | Investment CF (net): ¥900 billion |
| Investment amount by sector | Category Investment CF (inflows) / Amount ¥200 billion, Category Investment CF (outflows) / Amount ¥1.1 trillion |
| Segment target | Segment name Self-operated business / Sales target Not disclosed / Profit Target Net income of ¥120 billion plus α (FY2031 target) |
| Non-financial targets | Indicator GHG emissions (Scopes 1, 2 and 3) / Target value Net zero / Timing 2050, Indicator CO₂ emissions efficiency / Target value 40% improvement versus 2024 / Timing 2035 |
| Key initiatives | Strategy, Target outcome, Cash allocation (cumulative over the medium-term management plan period), AI and Digital Strategy, Environmental Vision |
| Reason for revision or withdrawal | The company revised it for the third time since 2021, taking into account changes in environmental issues and social expectations. |
| Publication date | 4 November 2026 |
Items this document does not state (10)
Sales TargetOperating profit targetOperating profit margin targetCost of capitalSelf-assessment of PBR and share pricePlan assumptionsResults under the previous planSize of the Target MarketRisks identifiedDate 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 expand the business into adjacent areas of maritime transport by leveraging its frontline-driven “integrated operational capabilities,” and to combine businesses and capabilities to enhance the value provided, competitiveness and earnings power. Also, to optimize capital allocation through growth investment and shareholder returns while maintaining financial soundness. The AI and Digital Strategy was formulated to enhance integrated operational capabilities through data and AI, while the Environmental Vision was revised in light of changes in environmental issues and social expectations.
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.