Worth reading
69In focus
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
15
億円（2030年営業利益目標）Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
Annual updateOperating profitNot disclosed → ¥1.5 billion
Only the target level is shown because the current level for comparison was not provided.What happened to the previous plan¥3,953 million → 3,333（2025/11期実績）（△15.7%）-15.7%Calculated from the two disclosed figures
Key initiatives
01Accumulation of specialized expertise
02Standardization through AI implementation
03Expansion of the number of business partners
04ストック収益積み上げ
05Human Resources
06Service Enhancement
07リカーリングモデル強化
Plan assumptionsItem Global GRC market / Assumption CAGR14.0%、2021年408億米ドルから2030年1,328億米ドル, Item 顧客モデル / Assumption 1社あたり年間取引額10百万円モデル
Segment targetSegment GRC Security business / Target fiscal year Fiscal year ending November 2026 / Net Sales ¥2,676 million / Gross profit ¥714 million / Gross Profit Margin 26.7%, Segment Financial Technology business / Target fiscal year Fiscal year ending November 2026 / Net Sales ¥1,001 million / Gross profit ¥373 million / Gross Profit Margin 37.3%
Non-financial targetsIndicator Number of customers / Target value 1,000 companies / Timing 2030
Size of the Target Market世界のGRC市場は2021年408億米ドル、2030年1,328億米ドル、CAGR14.0%。出典：Grand View Research『Enterprise Governance, Risk & Compliance Market Size, Share & Trends Analysis Report ...』より当社作成。国内GRC市場については数字はないとしている。
Risks identified by the company
Item 事業を取り巻く環境について / Additions and deletions from the previous version Not disclosed
Item 技術革新への対応に関するリスクについて / Additions and deletions from the previous version Not disclosed
Item Competition / Additions and deletions from the previous version Not disclosed
Item 専門人材の確保・維持について / Additions and deletions from the previous version Not disclosed
Item パートナー企業（外注先）の確保について / Additions and deletions from the previous version Not disclosed
Reason for revision or withdrawal
本業であるGRCセキュリティ事業は人員不足の影響が著しく、売上高の伸長が前年同水準に停滞。利益率の低下、フィナンシャルテクノロジー事業における収益予測の確実性に対する課題を踏まえ、「自社プロダクトが稼ぐ」高収益なビジネスモデルに成長の軸を転換する。
| Item | Details |
|---|---|
| Plan name | 2030年に向けた成長戦略 |
| Plan period | Phase1｜2026、Phase2｜2027-2028、Phase3｜2029-2030 |
| Progress against the plan | Annual update |
| Operating profit target | Not disclosed → ¥1.5 billion |
| Segment target | Segment GRC Security business / Target fiscal year Fiscal year ending November 2026 / Net Sales ¥2,676 million / Gross profit ¥714 million / Gross Profit Margin 26.7%, Segment Financial Technology business / Target fiscal year Fiscal year ending November 2026 / Net Sales ¥1,001 million / Gross profit ¥373 million / Gross Profit Margin 37.3% |
| Non-financial targets | Indicator Number of customers / Target value 1,000 companies / Timing 2030 |
| Plan assumptions | Item Global GRC market / Assumption CAGR14.0%、2021年408億米ドルから2030年1,328億米ドル, Item 顧客モデル / Assumption 1社あたり年間取引額10百万円モデル |
| Key initiatives | Accumulation of specialized expertise, Standardization through AI implementation, Expansion of the number of business partners, ストック収益積み上げ, Human Resources, Service Enhancement, リカーリングモデル強化 |
| Results under the previous plan | ¥3,953 million → 3,333（2025/11期実績）（△15.7%） |
| Reason for revision or withdrawal | 本業であるGRCセキュリティ事業は人員不足の影響が著しく、売上高の伸長が前年同水準に停滞。利益率の低下、フィナンシャルテクノロジー事業における収益予測の確実性に対する課題を踏まえ、「自社プロダクトが稼ぐ」高収益なビジネスモデルに成長の軸を転換する。 |
| Size of the Target Market | 世界のGRC市場は2021年408億米ドル、2030年1,328億米ドル、CAGR14.0%。出典：Grand View Research『Enterprise Governance, Risk & Compliance Market Size, Share & Trends Analysis Report ...』より当社作成。国内GRC市場については数字はないとしている。 |
| Risks identified | Item 事業を取り巻く環境について / Additions and deletions from the previous version Not disclosed, Item 技術革新への対応に関するリスクについて / Additions and deletions from the previous version Not disclosed, Item Competition / Additions and deletions from the previous version Not disclosed, Item 専門人材の確保・維持について / Additions and deletions from the previous version Not disclosed, Item パートナー企業（外注先）の確保について / Additions and deletions from the previous version Not disclosed |
| Publication date | 26 February 2026 |
Items this document does not state (12)
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 sectorDate 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.本業のGRCセキュリティ事業では人員不足により売上高の伸びが停滞し、利益率も低下したため。既存の専門人材によるソリューションビジネスを収益基盤として継続しつつ、「自社プロダクトが稼ぐ」高収益なビジネスモデルへ成長の軸を転換するとしている。
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.