Worth reading
61In 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
272
¥100 million (revenue target for the fiscal year ending February 2029)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet SalesNot disclosed → ¥27.2 billion
Only the target level is shown because the current level for comparison was not provided.What happened to the previous planRevenue ¥15,966 million, operating profit ¥259 million, ordinary profit ¥260 million, net income attributable to owners of the parent ¥187 million → Revenue ¥18,346 million, operating profit ¥320 million, ordinary profit ¥285 million, net income attributable to owners of the parent ¥206 million（Revenue +14.9%, operating profit +23.3%, ordinary profit +9.4%, net income attributable to owners of the parent +9.9%）+14.9%Calculated from the two disclosed figures
Key initiatives
01Fully fill vacant warehouse space
02Improve space efficiency and deploy “Chie” expertise
03Strategically suspend new-site expansion and make this policy visible
04Shift to IP products and the “Rakuren” brand
05Supplement revenue through short-term subleasing
06Expand share within the existing customer base
07Introduce logistics robots
08Redefine trust and establish technological superiority
09Achieve two-pronged growth in the revenue model
10Serve as the core of profitability
11Commercialize experience and develop a high-margin business model
12New X-Booster
13Ultra-fast BPO
Segment targetSegment Cloud Thomas business / Indicator Revenue / Target ¥803 million / Timing FY41, Segment Cyber Governance Lab (CGL) business / Indicator Revenue / Target ¥200 million / Timing FY41, Segment Commerce DX Business / Indicator Revenue / Target ¥240 million / Timing FY41, Segment Estate Leasing Business / Indicator Revenue / Target ¥768 million / Timing FY41
Non-financial targetsIndicator Share of the IT and DX fields / Target Increase from 5% to 30% / Timing Fiscal year ending February 2029
Size of the Target MarketMarket Cybersecurity / Dimensions The domestic market exceeds ¥1.3 trillion / Growth rate Not disclosed / Source Not disclosed, Market BPO / Dimensions Approximately ¥5 trillion in Japan / Growth rate Not disclosed / Source Not disclosed, Market EC / Dimensions A market of approximately ¥14.6 trillion / Growth rate High growth is being maintained, with further growth expected / Source Ministry of Economy, Trade and Industry, FY2024 “Market Survey on Electronic Commerce,” commissioned industrial economic research project
Risks identified by the company
Risks associated with the transition to a holding-company structure
Risks associated with government regulations and permits
Risks associated with capital investment, investment effectiveness and impairment
Risk of higher transportation costs
Risk of higher labor costs
Risk of major disasters
Risks associated with information security and system failures
Risks associated with M&A and capital and business alliances
Risks associated with interest-rate fluctuations and financing
Risks associated with changes in market conditions and competition
Risks associated with litigation and other legal proceedings
Risk of dependence on the founder
Risks associated with leasing logistics hubs
Risks associated with information security (added as a new risk in light of recent changes in the operating environment)
Reason for revision or withdrawal
From FY41, the company resumed preparing and disclosing a medium-term management plan to improve management transparency and clarify its growth process, and established specific numerical targets and KPIs.
| Item | Details |
|---|---|
| Plan name | Summary of the Medium-Term Management Plan for FY41 (fiscal year ending February 2027) to FY43 (fiscal year ending February 2029) |
| Plan period | FY41 (fiscal year ending February 2027) to FY43 (fiscal year ending February 2029) |
| Progress against the plan | Formulated |
| Sales Target | Not disclosed → ¥27.2 billion |
| Segment target | Segment Cloud Thomas business / Indicator Revenue / Target ¥803 million / Timing FY41, Segment Cyber Governance Lab (CGL) business / Indicator Revenue / Target ¥200 million / Timing FY41, Segment Commerce DX Business / Indicator Revenue / Target ¥240 million / Timing FY41, Segment Estate Leasing Business / Indicator Revenue / Target ¥768 million / Timing FY41 |
| Non-financial targets | Indicator Share of the IT and DX fields / Target Increase from 5% to 30% / Timing Fiscal year ending February 2029 |
| Key initiatives | Fully fill vacant warehouse space, Improve space efficiency and deploy “Chie” expertise, Strategically suspend new-site expansion and make this policy visible, Shift to IP products and the “Rakuren” brand, Supplement revenue through short-term subleasing, Expand share within the existing customer base, Introduce logistics robots, Redefine trust and establish technological superiority, Achieve two-pronged growth in the revenue model, Serve as the core of profitability, Commercialize experience and develop a high-margin business model, New X-Booster, Ultra-fast BPO |
| Results under the previous plan | Revenue ¥15,966 million, operating profit ¥259 million, ordinary profit ¥260 million, net income attributable to owners of the parent ¥187 million → Revenue ¥18,346 million, operating profit ¥320 million, ordinary profit ¥285 million, net income attributable to owners of the parent ¥206 million（Revenue +14.9%, operating profit +23.3%, ordinary profit +9.4%, net income attributable to owners of the parent +9.9%） |
| Reason for revision or withdrawal | From FY41, the company resumed preparing and disclosing a medium-term management plan to improve management transparency and clarify its growth process, and established specific numerical targets and KPIs. |
| Size of the Target Market | Market Cybersecurity / Dimensions The domestic market exceeds ¥1.3 trillion / Growth rate Not disclosed / Source Not disclosed, Market BPO / Dimensions Approximately ¥5 trillion in Japan / Growth rate Not disclosed / Source Not disclosed, Market EC / Dimensions A market of approximately ¥14.6 trillion / Growth rate High growth is being maintained, with further growth expected / Source Ministry of Economy, Trade and Industry, FY2024 “Market Survey on Electronic Commerce,” commissioned industrial economic research project |
| Risks identified | Risks associated with the transition to a holding-company structure, Risks associated with government regulations and permits, Risks associated with capital investment, investment effectiveness and impairment, Risk of higher transportation costs, Risk of higher labor costs, Risk of major disasters, Risks associated with information security and system failures, Risks associated with M&A and capital and business alliances, Risks associated with interest-rate fluctuations and financing, Risks associated with changes in market conditions and competition, Risks associated with litigation and other legal proceedings, Risk of dependence on the founder, Risks associated with leasing logistics hubs, Risks associated with information security (added as a new risk in light of recent changes in the operating environment) |
| Publication date | 29 May 2026 |
Items this document does not state (13)
Operating profit 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 sectorPlan assumptionsDate 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.From FY41, the company resumed preparing and disclosing a medium-term management plan to improve management transparency and clarify its growth process, and established specific numerical targets and KPIs.
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.