Worth reading
51Recurring
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
125
¥100 million (operating revenue target for fiscal 2028)Wording
Conditional
How definitive the wording is.Items stated in the management plan
FormulatedNet Sales-76.5%
基準 8,644Target2,028100 million / ¥ million
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.
Total investment plan¥3.7 billion (growth investments for business expansion)
Investment amount by sectorField Growth investments (business expansion) / Amount ¥3.7 billion / Breakdown Funding for new store openings, capital investment and overseas expansion, among other items
Statements about the use of capital
Payout ratio / DOE policyThe company will pay stable and continuous dividends based on its business performance and financial position. Numerical targets and the target period are 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
01Evolution of the 8-ban Ramen business
02Strengthening and deepening the overseas business
03Growth and expansion of Japanese cuisine (new development)
04Focused strengthening of product development, procurement and manufacturing
05Human capital development and improvements to the workplace environment
06Strengthening of SDG initiatives
Non-financial targetsIndicator name Store count / Target value 378 stores (75-store increase) / Timing Fiscal 2028 (fiscal year ending March 2029), Indicator name Number of domestic stores / Target value 160 stores (35-store increase) / Timing Fiscal 2028 (fiscal year ending March 2029), Indicator name Number of overseas stores / Target value 218 stores (40-store increase) / Timing Fiscal 2028 (fiscal year ending March 2029), Indicator name Store count / Target value 40% increase / Timing FY2030, Indicator name Paid leave taken / Target value 100% / Timing FY2030, Indicator name CO2 reduction / Target value 42% or more / Timing FY2030, Indicator name Food recycling / Target value More than 90% / Timing FY2030
Risks identified by the company
Economic and market risks (economic downturn, foreign exchange fluctuations and soaring raw material prices)
Geopolitical risks (supply chain disruptions caused by regional conflicts and changes in laws and regulations)
Disaster and pandemic risks (suspension of operations and inability to make deliveries)
Strategic risks (decisions becoming dependent on individuals)
Operational risks (increasingly complicated business processes)
Human capital investment risks (difficulty securing diverse human capital and employee turnover)
Legal risks (misconduct and various forms of harassment)
| Item | Details |
|---|---|
| Plan name | Medium-Term Management Plan 2028 |
| Plan period | 3-year period from fiscal 2026 through fiscal 2028 (April 2026 (fiscal year ending March 2027) to March 2029 (fiscal year ending March 2029)) |
| Progress against the plan | Formulated |
| Sales Target | ¥8,644 million (consolidated operating revenue as of 20 March 2026; ¥8.6 billion for fiscal 2025 in the chart) → ¥12.5 billion (fiscal 2028) |
| ROE target | 1.6% (fiscal 2025) → 8% or higher (2028) |
| Payout ratio / DOE policy | The company will pay stable and continuous dividends based on its business performance and financial position. Numerical targets and the target period are not disclosed. |
| Total investment plan | ¥3.7 billion (growth investments for business expansion) |
| Investment amount by sector | Field Growth investments (business expansion) / Amount ¥3.7 billion / Breakdown Funding for new store openings, capital investment and overseas expansion, among other items |
| Non-financial targets | Indicator name Store count / Target value 378 stores (75-store increase) / Timing Fiscal 2028 (fiscal year ending March 2029), Indicator name Number of domestic stores / Target value 160 stores (35-store increase) / Timing Fiscal 2028 (fiscal year ending March 2029), Indicator name Number of overseas stores / Target value 218 stores (40-store increase) / Timing Fiscal 2028 (fiscal year ending March 2029), Indicator name Store count / Target value 40% increase / Timing FY2030, Indicator name Paid leave taken / Target value 100% / Timing FY2030, Indicator name CO2 reduction / Target value 42% or more / Timing FY2030, Indicator name Food recycling / Target value More than 90% / Timing FY2030 |
| Key initiatives | Evolution of the 8-ban Ramen business, Strengthening and deepening the overseas business, Growth and expansion of Japanese cuisine (new development), Focused strengthening of product development, procurement and manufacturing, Human capital development and improvements to the workplace environment, Strengthening of SDG initiatives |
| Risks identified | Economic and market risks (economic downturn, foreign exchange fluctuations and soaring raw material prices), Geopolitical risks (supply chain disruptions caused by regional conflicts and changes in laws and regulations), Disaster and pandemic risks (suspension of operations and inability to make deliveries), Strategic risks (decisions becoming dependent on individuals), Operational risks (increasingly complicated business processes), Human capital investment risks (difficulty securing diverse human capital and employee turnover), Legal risks (misconduct and various forms of harassment) |
| Publication date | 1 May 2026 |
Items this document does not state (13)
Operating profit targetOperating profit margin targetNet income targetROIC targetTreasury share acquisition policyCost of capitalSelf-assessment of PBR and share priceSegment targetPlan assumptionsResults 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.To respond to changes in the business environment, including Japan's declining population and declining birthrate and aging population, increasingly diverse customer needs regarding food, rising raw material, energy and labor costs, and technological advances, and to expand the business by leveraging its strengths in operating franchise chains for 58 years, overseas expansion and the manufacture of food ingredients at its own factories.
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.