Worth reading
51Recurring
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
3343
¥ million (increase from actual revenue for fiscal July 2026 to forecast revenue for fiscal July 2027)Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+147.0%
基準 2,026Target5,004million
Operating profit+0.0%
基準 2,026Target2,027million
Net income for the current fiscal year+0.0%
基準 2,026Target2,027million
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 planInitial plan (figures not disclosed) → Actual for fiscal July 2026: revenue of ¥1,661 million, operating loss of ¥543 million, ordinary loss of ¥540 million and net loss attributable to owners of the parent of ¥1,107 million
Investment amount by sectorField Investment funding for new businesses such as GPUs and AI infrastructure / Amount Not disclosed, Field M&A-Related Costs / Amount Not disclosed, Field Working capital / Amount Not disclosed
Key initiatives
01Improvement of the capital structure through a share exchange and share delivery [Completed]
02Strengthening the earnings power of existing businesses and generating operating cash flow
03Generating earnings contributions from M&A subsidiaries and group synergies
04Monetizing new businesses and improving investment efficiency
05Optimizing selling, general and administrative expenses and reviewing unprofitable businesses
06Strengthening equity capital and the financial base through third-party allotments and other measures
Plan assumptionsInformation currently available and certain assumptions deemed reasonable
Risks identified by the company
The amount of net assets may fluctuate depending on future business performance, changes in the business environment and other factors
Actual business performance may differ due to various factors in the future
The specific issuance terms, proposed recipients, size and timing of the fund-raising through a third-party allotment are still under consideration, and the transaction has not been finalized
Reason for revision or withdrawal
Orders from existing customers and the acquisition of new projects in the marketing support business fell below initial expectations, the start of some projects was delayed, the commerce business was affected by algorithm changes to major customer acquisition channels, related expenses increased due to active investment in M&A and new businesses, and the company recorded an allowance for doubtful accounts, inventory valuation losses, impairment losses and valuation losses on investment securities
| Item | Details |
|---|---|
| Plan name | Plan for Compliance with the Continued Listing Criteria (Net Assets Criterion) (with an Improvement Period) |
| Plan period | From the end of fiscal July 2026 to 31 July 2028 (targeting compliance by the end of fiscal July 2027) |
| Progress against the plan | Formulated |
| Sales Target | ¥1,661 million (actual for fiscal July 2026) → ¥5,004 million (forecast for fiscal July 2027)（+201.3%） |
| Operating profit target | ¥543 million loss (actual for fiscal July 2026) → ¥202 million (forecast for fiscal July 2027)（Difficult to calculate (turnaround from a loss to a profit)） |
| Net income target | ¥1,107 million loss (actual for fiscal July 2026) → ¥130 million (forecast for fiscal July 2027)（Difficult to calculate (turnaround from a loss to a profit)） |
| Investment amount by sector | Field Investment funding for new businesses such as GPUs and AI infrastructure / Amount Not disclosed, Field M&A-Related Costs / Amount Not disclosed, Field Working capital / Amount Not disclosed |
| Plan assumptions | Information currently available and certain assumptions deemed reasonable |
| Key initiatives | Improvement of the capital structure through a share exchange and share delivery [Completed], Strengthening the earnings power of existing businesses and generating operating cash flow, Generating earnings contributions from M&A subsidiaries and group synergies, Monetizing new businesses and improving investment efficiency, Optimizing selling, general and administrative expenses and reviewing unprofitable businesses, Strengthening equity capital and the financial base through third-party allotments and other measures |
| Results under the previous plan | Initial plan (figures not disclosed) → Actual for fiscal July 2026: revenue of ¥1,661 million, operating loss of ¥543 million, ordinary loss of ¥540 million and net loss attributable to owners of the parent of ¥1,107 million |
| Reason for revision or withdrawal | Orders from existing customers and the acquisition of new projects in the marketing support business fell below initial expectations, the start of some projects was delayed, the commerce business was affected by algorithm changes to major customer acquisition channels, related expenses increased due to active investment in M&A and new businesses, and the company recorded an allowance for doubtful accounts, inventory valuation losses, impairment losses and valuation losses on investment securities |
| Risks identified | The amount of net assets may fluctuate depending on future business performance, changes in the business environment and other factors, Actual business performance may differ due to various factors in the future, The specific issuance terms, proposed recipients, size and timing of the fund-raising through a third-party allotment are still under consideration, and the transaction has not been finalized |
| Publication date | 26 October 2026 |
Items this document does not state (12)
Operating profit margin targetROE targetROIC targetPayout ratio / DOE policyTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planSegment targetNon-financial targetsSize 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.Orders from existing customers and the acquisition of new projects in the marketing support business fell below expectations, and the start of some projects was delayed. In the commerce business, customer acquisition efficiency and the number of sales did not recover due to factors including algorithm changes to major customer acquisition channels. The company also recorded expenses related to M&A and new businesses, allowance for doubtful accounts, inventory valuation losses, impairment losses and valuation losses on investment securities.
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.