Worth reading
39Recurring
0–100. This measures how worthwhile something is to read, not how good or bad the company is.Direction
Deterioration
Direction inferred from the company’s description.Scale
7.9
¥100 million (market capitalization of tradable shares)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedStatements about the use of capital
Payout ratio / DOE policyReturning profits to shareholders is the top priority. The Company will pay appropriate dividends in line with steady improvements in performance, seek an early recovery in performance, and aim to resume dividend payments. No target period is specified.The payout ratio is the proportion of profit paid out as dividends, while DOE is the ratio of dividends to net assets.
Self-assessment of PBR and share priceThe Company recognizes that its inability to secure stable profits has caused its share price to languish. The PBR is Not disclosed.PBR is a measure of how many times the share price is the book value per share.
Key initiatives
01Strengthening the financial and capital base
02Improvement in Operating Margin
03Strengthening net assets
04Energizing the organization to maximize the Group’s capabilities
05Promoting collaboration among Group companies and improving operational efficiency across the Group
06Investing for growth in the next generation
07Strengthening the portfolio to generate synergies with existing businesses, clarifying the Group’s investment criteria, and considering M&A and new businesses
08Promoting and establishing TO-SDGs
09Deepening ties with local communities and aiming to remain a Group chosen by those communities
10Strengthening the local brand image by acquiring naming rights
11Revitalizing the local community through collaboration with Future University Hakodate to create university-originated startups
12Shareholder returns
13Strengthening Investor Relations Activities
Plan assumptionsThe number of tradable shares meets the criterion, so the Company aims to increase its share price in order to raise the market capitalization of tradable shares
Risks identified by the company
The risk of being designated as a Security Under Supervision (Confirmation) if compliance with the market capitalization of tradable shares cannot be confirmed during the improvement period ending 31 May 2027
The risk of being designated as a Security to Be Delisted if compliance with the market capitalization of tradable shares is not subsequently confirmed in the Tokyo Stock Exchange’s review
The risk of being delisted on 1 December 2027 following designation as a Security to Be Delisted
| Item | Details |
|---|---|
| Plan name | Medium-term management plan “TO PLAN 2029” |
| Plan period | Medium-term management plan “TO PLAN 2029,” beginning with the fiscal year ending May 2027 |
| Progress against the plan | Formulated |
| Payout ratio / DOE policy | Returning profits to shareholders is the top priority. The Company will pay appropriate dividends in line with steady improvements in performance, seek an early recovery in performance, and aim to resume dividend payments. No target period is specified. |
| Self-assessment of PBR and share price | The Company recognizes that its inability to secure stable profits has caused its share price to languish. The PBR is Not disclosed. |
| Plan assumptions | The number of tradable shares meets the criterion, so the Company aims to increase its share price in order to raise the market capitalization of tradable shares |
| Key initiatives | Strengthening the financial and capital base, Improvement in Operating Margin, Strengthening net assets, Energizing the organization to maximize the Group’s capabilities, Promoting collaboration among Group companies and improving operational efficiency across the Group, Investing for growth in the next generation, Strengthening the portfolio to generate synergies with existing businesses, clarifying the Group’s investment criteria, and considering M&A and new businesses, Promoting and establishing TO-SDGs, Deepening ties with local communities and aiming to remain a Group chosen by those communities, Strengthening the local brand image by acquiring naming rights, Revitalizing the local community through collaboration with Future University Hakodate to create university-originated startups, Shareholder returns, Strengthening Investor Relations Activities |
| Risks identified | The risk of being designated as a Security Under Supervision (Confirmation) if compliance with the market capitalization of tradable shares cannot be confirmed during the improvement period ending 31 May 2027, The risk of being designated as a Security to Be Delisted if compliance with the market capitalization of tradable shares is not subsequently confirmed in the Tokyo Stock Exchange’s review, The risk of being delisted on 1 December 2027 following designation as a Security to Be Delisted |
| Publication date | 27 August 2026 |
Items this document does not state (16)
Sales TargetOperating profit targetOperating profit margin targetNet income targetROE targetROIC targetTreasury share acquisition policyCost of capitalTotal investment planInvestment amount by sectorSegment targetNon-financial targetsResults under the previous planReason for revision or withdrawalSize 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.The Company recognizes that its inability to secure stable profits has caused its share price to languish. It reported net losses attributable to owners of the parent for 2 consecutive fiscal years, the fiscal years ended May 2025 and May 2026.
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.