Items stated in the management plan
Partially revisedCustomers leaving as a result of population aging have increased more rapidly than new customers have been acquired, while the sluggish sales of sales representatives have become more pronounced. The deterioration of the company's cost structure due to soaring costs and inventory write-downs has also led to continued operating losses, among other factors, resulting in a serious deterioration in profitability in recent business performance and a significant gap from the current medium-term management targets. In addition, the burden of system operating expenses is substantial, restricting new investment in business structure reforms and causing delays in their progress.
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan (April 2024 to March 2029) |
| Plan period | April 2024 to March 2029 |
| Progress against the plan | Partially revised |
| Key initiatives | Review of the product portfolio and cost reductions, Improvement of sales methods and demand forecasting, Expansion of the sales organization, Strengthening of sales promotions, Improvement of production efficiency through operational reviews, Reduction of system costs, Improving capital efficiency |
| Results under the previous plan | Current medium-term management targets → Continued to post operating losses |
| Reason for revision or withdrawal | Customers leaving as a result of population aging have increased more rapidly than new customers have been acquired, while the sluggish sales of sales representatives have become more pronounced. The deterioration of the company's cost structure due to soaring costs and inventory write-downs has also led to continued operating losses, among other factors, resulting in a serious deterioration in profitability in recent business performance and a significant gap from the current medium-term management targets. In addition, the burden of system operating expenses is substantial, restricting new investment in business structure reforms and causing delays in their progress. |
| Date of board resolution | 29 October 2026 |
| Publication date | 29 October 2026 |
Items this document does not state (17)
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 fell behind in its business structure reforms, resulting in a significant gap from its current medium-term management targets, due to an increase in customers leaving as a result of population aging, sluggish sales by sales representatives, a deterioration in the cost structure caused by soaring costs and inventory write-downs, and the burden of system operating expenses restricting new investment.