Worth reading
56In focus
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
200
¥10 billion (FY2028 revenue target)Wording
Avoiding a definitive answer
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales+0.1%
基準 2,025Target2,028Hundred millions of yen
Operating profit margin+3.0pt
基準 2,025Target2,028%
ROE+3.0pt
基準 2,025Target2,028%
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. For metrics expressed as percentages, differences are shown in percentage points (pt).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 planRevenue of ¥17.5 billion, operating profit of ¥920 million (5.3%), ordinary profit of ¥1.0 billion (5.7%), and net income of ¥670 million (3.8%) → Fiscal 2025 results: revenue of ¥18.1 billion, operating profit of ¥1.09 billion (6.0%), ordinary profit of ¥1.23 billion (6.8%), and net income of ¥910 million (5.0%)（Versus plan: revenue 103.4%, operating profit 118.5%, ordinary profit 123.0%, and net income 135.8%）+120.1%Calculated from the two disclosed figures
Statements about the use of capital
Payout ratio / DOE policyAn annual minimum dividend of ¥20 per share, with a dividend payout ratio of approximately 30%, while balancing dividends with growth investments. Target period: Not disclosed.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Key initiatives
01Deepening and diversification of existing operations
02Strengthening transportation capacity
03Redesigning the operating model
04Human Capital Development
05Expanding value domains and strengthening earnings power based on existing strengths
06Strengthening transportation supply capacity and minimizing lost opportunities
07Establishing competitiveness through repeatable operations and human resources
Plan assumptionsCertain assumptions based on information available to the Company and assumptions it considers reasonable as of the announcement date. Specific numerical assumptions: Not disclosed.
Risks identified by the company
Economic conditions in Japan and overseas
Foreign Exchange Volatility
Trends in crude oil and materials prices
Changes in laws and regulations
Natural disasters, infectious diseases and other events
Geopolitical Risk
Changes in supply and demand in the logistics industry
Conditions relating to securing and developing human resources
Reason for revision or withdrawal
Based on the results and remaining issues under the eighth medium-term management plan, the Group aims to achieve sustainable growth and redesign its earnings structure.
| Item | Details |
|---|---|
| Plan name | Ninth Medium-Term Management Plan, “Stronger Together ～Let’s Grow Stronger Together～” |
| Plan period | Fiscal 2026 through fiscal 2028 (1 April 2026 to 31 March 2029) |
| Progress against the plan | Formulated |
| Sales Target | ¥18.1 billion (fiscal 2025 actual) → ¥20.0 billion (fiscal 2028 target)（+10.5% (versus fiscal 2025, calculated; compound annual growth rate: +3.38%)） |
| Operating profit margin target | 6.0% (fiscal 2025) → 7.0% (fiscal 2028 target) |
| ROE target | 8.7% (fiscal 2025) → ≥9.0% (fiscal 2028 target) |
| Payout ratio / DOE policy | An annual minimum dividend of ¥20 per share, with a dividend payout ratio of approximately 30%, while balancing dividends with growth investments. Target period: Not disclosed. |
| Plan assumptions | Certain assumptions based on information available to the Company and assumptions it considers reasonable as of the announcement date. Specific numerical assumptions: Not disclosed. |
| Key initiatives | Deepening and diversification of existing operations, Strengthening transportation capacity, Redesigning the operating model, Human Capital Development, Expanding value domains and strengthening earnings power based on existing strengths, Strengthening transportation supply capacity and minimizing lost opportunities, Establishing competitiveness through repeatable operations and human resources |
| Results under the previous plan | Revenue of ¥17.5 billion, operating profit of ¥920 million (5.3%), ordinary profit of ¥1.0 billion (5.7%), and net income of ¥670 million (3.8%) → Fiscal 2025 results: revenue of ¥18.1 billion, operating profit of ¥1.09 billion (6.0%), ordinary profit of ¥1.23 billion (6.8%), and net income of ¥910 million (5.0%)（Versus plan: revenue 103.4%, operating profit 118.5%, ordinary profit 123.0%, and net income 135.8%） |
| Reason for revision or withdrawal | Based on the results and remaining issues under the eighth medium-term management plan, the Group aims to achieve sustainable growth and redesign its earnings structure. |
| Risks identified | Economic conditions in Japan and overseas, Foreign Exchange Volatility, Trends in crude oil and materials prices, Changes in laws and regulations, Natural disasters, infectious diseases and other events, Geopolitical Risk, Changes in supply and demand in the logistics industry, Conditions relating to securing and developing human resources |
| Publication date | 13 May 2026 |
Items this document does not state (12)
Operating profit targetNet income targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceTotal investment planInvestment amount by sectorSegment 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.Based on the results and remaining issues under the eighth medium-term management plan, the Group aims to achieve sustainable growth and redesign its earnings structure. It also aims to respond to structural changes, including rising costs, labor shortages, stricter regulatory and quality requirements, geopolitical risks, and advances in DX and AI.
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.