TSUBAKIMOTO CHAIN CO.
Cite as: Japan IR Index, TSUBAKIMOTO CHAIN CO. (6371), methodology GNT-BDS v1.1.1, reviewed 2026-10-12.
Findings and sources as of the review date shown. The company’s English disclosure may have changed since.
Where to start
Chosen from this company's lowest answers, easiest first. A quick fix uses material the company already has; a translation fix is usually met by translating a Japanese document (our note says whether this company has one). Questions that need a budget or a board decision are left out. Suggestions drawn from the research, separate from the scores.
F6 Multi-year financial data file (Excel or CSV) downloadable in English 0/5 Quick fix
Post the financial figures the company already publishes as an Excel or CSV file with English labels.
G6 Shareholder vote results disclosed in English 0/5 Quick fix
Publish the vote counts from the Japanese extraordinary report in English.
O7 Named English IR contact published 2/5 Quick fix
Link a dedicated IR contact (form, address or e-mail) from the English IR section.
O5 Single page listing all English IR documents by date and type 3/5 Quick fix
Keep one English page that lists every IR document with its date and type.
English disclosure assessment
All 34 questions reviewed by the editor against the public documents; this is not an independent audit. 1 answer corrected after re-checks (research errors) on 23 Oct 2026. These are changes to our record, not to the company’s disclosure. Changes to this record →
Compared with peers
| Peer group | Median | This company |
|---|---|---|
| Same sector (Machinery) | 76.4 | 23 of 39 |
| Same size band (¥100–500bn) | 77.1 | 34 of 50 |
Compared with the companies covered here, not the whole market. Sector is the TSE 33-sector classification; market cap is from the TSE English-disclosure survey, Aug 2026; it only sets the size band, plays no part in the score, and is refreshed once a quarter. Ties share the higher rank.
Out of 100.
Of the 34 questions reviewed, 30 scored 3 or more and 2 found no qualifying English materials within the stated review scope. Read each score with its source and scope below.
Findings by question
F1Quarterly and full-year results summaries (tanshin) published in English3/5
Consolidated Financial Results for the Three Months Ended June 30, 2026, 30 July 2026, the same day as the Japanese, and every quarter back to FY2019 is in the English library. But the English stops at the statements: the Q1 release is 10 pages against the Japanese 12, and its own table of contents ends at the cash flow statement, leaving out section (4), the notes to the quarterly statements with the segment information note, even though the English text refers the reader to it. The full-year release (13 May 2026) is 16 pages against the Japanese 23, ending at the cash flow statement with no notes and no segment note. Current every quarter but without the statutory notes, so the segment note exists only in Japanese. Source document →
F2English results summary is a full translation, not an excerpt3/5
Read against the Japanese. The English Q1 FY3/2027 release ('Consolidated Financial Results for the Three Months Ended June 30, 2026', 30 Jul 2026) is 10 pages against the Japanese 2027年3月期 第1四半期決算短信 (12). It has the summary pages, the qualitative section (results by segment, financial position, outlook) and the balance sheet, income/comprehensive income statements and cash flow statement. Its table of contents stops at '(3) Quarterly Consolidated Statement of Cash Flows'. The Japanese goes on to （4）四半期連結財務諸表に関する注記事項 (going concern, equity changes, セグメント情報等の注記). The English text still tells the reader to see '(4) Notes' for the change of reporting segments this quarter, and that section is not there. Same pattern at the half year (EN 12 pp, TOC ends at the cash flow statement; JP 12 pp with the segment note on p.12) and the full year (EN 16 pp against JP 23). The notes, the segment note above all, are cut, so 3. Source document →
F3Financial statements including notes available in English3/5
The latest English statements, in the Q1 FY3/2027 release (30 Jul 2026) and the FY3/2026 release (13 May 2026, 16 pp: balance sheet, income and comprehensive income, changes in equity, cash flows), carry no notes. The only English statements with notes are the 68-page 'Consolidated Financial Statements' for the year ended 31 March 2025 (with the auditor's report) on the Integrated Reports page. No edition exists yet for the year ended March 2026, so the notes are for the year-end before last. The yuho is not in English. For the latest period and the latest year end there are statements without notes, so 3. 4 would need the notes at least for the latest year end. Source document →
F4Annual securities report available in English in any form3/5
The Integrated Reports page pairs each report with 'Consolidated Financial Statements', a 68-page word-for-word translation of the statements and notes filed in the securities report, with the independent auditor's report. The latest is for the fiscal year ended March 31, 2025 (created 2 October 2025); none yet for the year to March 2026. No business overview, risk factors, MD&A, governance or shareholding sections of the yuho are in English. Financial statements only. Source document →
F5Segment revenue and profit disclosed in English, consistent definitions4/5
Every English tanshin gives orders, net sales and operating profit for each segment in the qualitative section. Q1 FY3/2027 uses the new segments: Power Transmission (sales ¥34,339m, OP ¥3,709m), Mobility (¥33,209m, ¥3,229m), Materials Handling Systems (¥14,463m, loss ¥730m) and Other. FY3/2026 and earlier quarters use Chains, Motion Control, Mobility and Materials Handling. The English Data Summary each quarter and the highlights page's five-year segment charts back this up. But the English never states the segment definitions. The segment note is cut from every English tanshin. At this Q1 the segments were redrawn (Chains and Motion Control merged into Power Transmission), and the English refers the reader to a note it does not carry; only the MTP deck's footnote says prior years are the sum of the two old segments. Every period, definitions unstated, so 4. Source document →
F6Multi-year financial data file (Excel or CSV) downloadable in English0/5
There is no downloadable data file. A crawl of the English IR site (IR top plus one hop, 28 pages: highlights, IR library, financial statements, presentations, MTP, integrated reports, stock, meeting, news) found no .xls, .xlsx or .csv link. What is there instead: the 'Financial Data for Past Five Years' HTML tables on /ir/highlights/ (FY2021-FY2025 sales, OP, net income, EPS, ROE, total assets, net assets, equity ratio, with image charts), and an annual 4-page 'Data Sheet' and quarterly 'Data Summary' as PDFs. HTML and PDF tables do not count.
F7Guidance disclosed in English with the basis explained5/5
The forecast and its basis are both in English. The FY3/2026 release (13 May 2026), '(4) Outlook for the Current Fiscal Year', gives the FY3/2027 forecast: net sales ¥350.0bn, OP ¥25.5bn, ordinary ¥26.0bn, net ¥22.0bn, plus the first half. It gives the market view (US tariffs, slow Chinese recovery, the Middle East) and the FX assumptions: USD 148 and EUR 180. The English FY2025 results deck (22 pp) has the full-year forecast with the FX line and separate Power Transmission, Mobility and Materials Handling forecast pages. Revisions are explained in English: 'Notice Regarding Revision of Consolidated Results Forecast' (31 Oct 2025, same day as the Japanese) says it is due to sluggish materials handling in the US and China. The May 2026 forecast-versus-actual notice is in English too. The Q1 release says the forecast is unchanged. FX, market view and segment forecasts, with revisions explained, so 5. Source document →
F8English financial disclosure current to the latest Japanese filing period5/5
English results for the three months to 30 June 2026 published 30 July 2026, the same period and day as the Japanese first-quarter tanshin (the half-year results are not due until end-October). Source document →
S1Medium-term management plan in English with numerical targets4/5
Mid-Term Management Plan 2030 (FY3/2027-FY3/2031), English deck 44 pages, the same as the Japanese 中期経営計画2030 (44). It has the consolidated targets for FYE March 2031: net sales ¥450.0bn or more, OP ¥45.0bn or more, OPM 10%, ROE 10%. It has segment targets (Power Transmission ¥160.0bn/¥23.0bn, Mobility ¥170.0bn/¥20.0bn, Materials Handling ¥96.0bn/¥5.0bn, Other ¥30.0bn), a five-year cash allocation (business investment about ¥100bn, growth investment about ¥40bn, returns ¥70-90bn, payout 35% or more, policy shareholding sales ¥15bn+), and non-financial KPI targets. The English 42-page script with Q&A comes with it. It is complete, but late: the Japanese was posted 29 May 2026 (Japanese IR news) and the English deck's PDF was created 29 June 2026, and the script likewise (Japanese script created 8 Jun). Complete, a month late, so 4. Source document →
S2IR presentations published in English4/5
The English 'Settlement of Accounts Presentation Meeting' library matches the Japanese item for item: a Data Summary every quarter (Q1 FY2026, 12 pages, 30 July 2026, the same day as the Japanese), and at the half and full year the presentation deck plus the speaker scripts with Q&A (FY2025 full year: 22-page deck and 19-page script, the Q&A in the 42-page Mid-term Management Plan 2030 script). But going by PDF creation dates the English decks and scripts trail: the full-year deck was created 29 June 2026 against the Japanese 28 May, and the script 29 June against 8 June. The Q2 FY2025 deck was created 4 December 2025 against 19 November. Every period with the supplements, but weeks late. Source document →
S3English equity-story or investment-highlights page4/5
The English IR top links 'Message to Individual Investors' ('we've summarized information related to our strengths and business performance') to 'Tsubaki at a Glance' (/company/what-is-tsubaki/). That is a dedicated page with 'Tsubaki's Four Main Businesses', 'Tsubaki's Four Strengths' (solutions expertise, product development, manufacturing expertise, global readiness), 'Tsubaki by the Numbers' (FY2025 sales ¥295.8bn, 111 companies in 28 countries and regions, 12,228 employees, 63% overseas sales, 56% overseas employees) and 'Tsubaki as a Global Leader' (the world's largest share of industrial steel chains and automobile timing chains, by in-house research). It is specific, but the strengths themselves are qualitative: no market-share percentages, margins or returns are attached to them, and there is no 'why invest' framing. Dedicated and specific but mostly qualitative, so 4. Source document →
S4Growth drivers identified and quantified in English5/5
The English MTP 2030 deck names the drivers by segment and puts numbers on them. Power Transmission: sales ¥126.3bn to ¥160.0bn, CAGR 4.8%, OP ¥23.0bn. It names local manufacturing using DAIDO KOGYO's bases, ATRA-FLEX couplings (about 1% of the North American coupling market, expected CAGR about 6%), and local production of conveyor chains. Mobility: CAGR 11.8% to ¥170.0bn, from timing-chain share and DAIDO KOGYO's motorcycle chains in India and South America. Materials Handling: CAGR 6.3% to ¥96.0bn. Each has a sales/OP bridge chart, and growth investment of about ¥40bn (R&D, new business, M&A) is set out. Named drivers with numbers attached, so 5. Source document →
S5Results-briefing transcripts or Q&A published in English4/5
The Japanese side publishes a script with Q&A for each half-year and full-year briefing (決算説明会資料スクリプト（質疑応答含む）) and for the MTP briefing. The English 'Settlement of Accounts Presentation Meeting' and MTP pages match every one: FY2025 Q2 script with Q&A (34 pp; JP 36), FY2025 full-year script (19 pp; JP 19), MTP 2030 script with a 'Question & Answer' section (42 pp; JP 43), and FY2024 Q2/Q4 and FY2023 Q2/Q4 back to FY2021. The quarterly Q1/Q3 briefings have none in either language. All arrive late by PDF creation date (the English page gives no posting date): FY2025 Q2 EN 2 Dec 2025 vs JP 28 Nov; FY2025 full year and MTP EN 29 Jun 2026 vs JP 8 Jun; FY2024 full year EN 1 Jul 2025 vs JP 4 Jun. Every briefing, but late, so 4. Source document →
S6Integrated or annual report available in English4/5
TSUBAKI REPORT 2025 integrated report in English, 72 pages (created 13 November 2025), reporting period 1 April 2024 to 31 March 2025 per its editorial policy. The Japanese TSUBAKI REPORT 2026 was posted on 1 October 2026 and has no English edition yet. The complete report, one edition behind. Source document →
S7Progress against the previous plan, including misses, explained in English5/5
The English MTP 2030 deck opens with 'Review of Previous Mid-Term Management Plan' (pp.3-11). MTP 2025's targets are set against FYE March 2026 actuals: net sales ¥295.8bn vs ¥300.0bn (98.6%), OPM 7.3% vs 10% (-1.7pt), ROE 10.7% vs 8% (+2.7pt). A table gives the five-year path against each segment's OP and margin target (Chain ¥15.3bn vs ¥12.0bn, Motion Control ¥0.9bn vs ¥3.8bn, Mobility ¥10.0bn vs ¥10.4bn, Materials Handling ¥0.9bn vs ¥5.4bn), payout and ROE. The per-segment pages explain the variances: 'operating income ratio fell short of the target', 'the situation remains challenging, and the targets were not achieved'. The non-financial KPIs are set against target and result, and the two-year cash allocation plan against the result, with the reasons for missing the return target (treasury stock used in the DAIDO KOGYO share exchange). Reconciliation with the variances explained, so 5. Source document →
G1Corporate governance report available in English3/5
The English Corporate Governance page gives the basic policy, the board, the Nomination and Remuneration Committee, board evaluation, internal control and policy shareholdings. Its link to the Corporate Governance Report is marked '*Japanese Version' and opens the Japanese TSE filing (last updated 29 July 2026). A governance narrative written for the site in place of the filing. Source document →
G2Director biographies in English with tenure, expertise and independence5/5
The English notice of the 117th AGM (meeting 26 Jun 2026) proposes all six directors, the whole board: Kose, Kimura, Miyaji, and outside directors Ando, Kitayama and Tanisho. Each has a dated career history including when they joined the board (e.g. Ando 'June 2017 Outside Director, the Company (present)'), FY2025 board attendance (14/14), shares held, significant concurrent positions and the reasons for nomination and expected role. The three outside directors are marked [Outside] [Independent] and designated Independent Officers. The English Corporate Governance page repeats the reasons for appointment of each independent director and auditor. Tenure, expertise and independence for every director, so 5. Source document →
G3Board skills matrix published in English5/5
The English 117th AGM notice (p.12) has 'Skill Matrix for Individual Officers' for the post-AGM board. It maps the six directors and four Audit & Supervisory Board members against seven skills: corporate management, global experience, technology/development/production, sales/marketing, finance/accounting, legal/compliance and risk management (up to three each). The English Corporate Governance page carries the same matrix. Current matrix in English, so 5. Source document →
G4Executive remuneration structure and its performance linkage explained in English3/5
The English Corporate Governance page and TSUBAKI REPORT 2025 (p.50) set out the structure. Inside directors get fixed and performance-based monetary pay plus restricted stock; outside directors and auditors get fixed pay only. Policy is set by the Nomination and Remuneration Committee. The amounts are given by type: directors ¥232m (fixed ¥144m, performance-based ¥55m, restricted stock ¥32m; 6 people; outside ¥31m), auditors ¥66m. But nowhere in English are the KPIs that drive the performance-based pay named or weighted. The MTP review only says the company 'changed officer remuneration system indicators'. Structure and amounts without the KPIs, so 3 (ruling). Source document →
G5AGM notice in English with sufficient lead time to vote4/5
Notice of the 117th Annual General Meeting in English, 13 pages, PDF created 28 May 2026 (dated 9 June) for a meeting on 26 June. That is about four weeks going by the creation date, and the English page gives no posting date. It has the reference documents for all three proposals, with each of the six director candidates and the substitute auditor and the reasons for nomination. It gives the advance-voting deadline (5:30 p.m. on 25 June 2026, Japan time). It does not describe the voting methods, and no route is marked Japanese-only. The 'part of the original' line is disregarded under the convention. Re-checked 23 Oct 2026 (G5 voting-site sweep, after the independent audit): the company's shareholder pages name Sumitomo Mitsui Trust Bank as share registrar, whose voting websites (www.web54.net and www.soukai-portal.net) are in Japanese only, with no English option, as for ESPEC (6859) and Nitto Boseki (3110). Every proposal in English, but a Japanese-only voting route, so 4. Source document →
G6Shareholder vote results disclosed in English0/5
The English General Meeting of Shareholders page carries convocation notices only (111th to 117th), and the English IR news list from April to October 2026 has no resolutions or voting-results item. The Japanese meeting page has a notice of resolutions (2026_resolution.pdf) with no English counterpart.
G7Cross-shareholdings in English with reduction schedule and rationale3/5
The English Corporate Governance page ('Policy Shareholdings: Policies and Approach Regarding Reduced Policy Shareholdings') and TSUBAKI REPORT 2025 (p.51) give the policy and rationale. Shares are held in business partners that contribute to medium- to long-term value. The board checks each holding every year against transactions, profitability, market-price risk and dividends, and sells holdings that cannot be justified. The voting criteria are given too. The MTP 2030 cash allocation (p.24) sets a target: sale of policy shareholdings of ¥15bn or more over the five years. But no English source gives the number of holdings or their book or market value (that table is in the Japanese yuho only), and there is no year-by-year progress against the target. The integrated report only says reductions raised ROE. Policy, rationale and a target without the holdings numbers or progress sits between 2 and 4; recorded as 3. Source document →
O1English IR section reachable within two clicks of the English homepage5/5
On the English homepage (tsubakimoto.com) 'Investor Relations' is a visible link in the global navigation. Clicking it in the rendered browser goes straight to https://tsubakimoto.com/ir/; the drop-down is only an extra. One click, so 5. Source document →
O2English document links resolve to English documents5/5
We sampled 30 English document links across types and years. Tanshin: Q1 FY26 (30 Jul 2026), FY25 (13 May 2026), Q2 FY25, Q2 2019, Q1 2016. Decks: FY2025, FY2025 Q2, May 2019, Nov 2015. Scripts: FY2025, FY2025 Q2, FY2024, FY2023 Q2. Data Summaries: Q1 FY26, Q3/Q4/Q2 FY25. Data Sheet 2022. MTP 2030 deck and script. AGM notices 2026, 2023 and 2020. TSUBAKI REPORT 2025 and 2019. Consolidated Financial Statements 2025 and 2015. Sponsored research reports Jan 2026 and Sep 2021. Timely disclosures: treasury stock 1 Oct 2026, Daido Kogyo results 6 Feb 2026, extraordinary income 13 May 2026, forecast revision 31 Oct 2025. All open as English documents; the only Japanese text is stray characters (e.g. a PDF title 'PowerPoint プレゼンテーション'). The only Japanese target is the CG report link, and it is labelled '*Japanese Version'. So 5. Source document →
O3English IR archive free of dead links5/5
In the same sample of 30 links, from 2015 to 2026 (tanshin, decks, scripts, data summaries and sheets, MTP, AGM notices, integrated reports, financial statements, research reports, timely disclosures), every one opened as a live PDF of 1 to 72 pages. A crawl of 28 English IR pages returned HTTP 200 for each. No dead links, so 5. Source document →
O4English IR pages render without blank JavaScript failures5/5
We rendered the English IR top, Latest IR Information, IR library, financial statements, presentations, MTP, integrated reports, sponsored research, highlights, stock information (share status, dividends, meeting), calendar, FAQ, disclosure policy, IR news and the governance page in Chrome. All render their content. The IR news widget lists items, and the lists are full back to FY2015/16. The image charts on the highlights page (five-year, four segment charts, regional map) lazy-load on scroll and rendered; the shareholder-composition pie charts render. The English site has no stock-price widget or iframe to fail. So 5. Source document →
O5Single page listing all English IR documents by date and type3/5
The English IR library is split by type across pages, each dated. Financial Statements lists every quarter by fiscal year with an 'Announced <date>' line. Settlement of Accounts Presentation Meeting lists decks, scripts, data summaries and data sheets by fiscal quarter. MTP, Integrated Reports (by FY), Sponsored Research Report and General Meeting of Shareholders are separate pages. The IR news list (/company/news/ir/) is dated and typed ('Timely Disclosure', 'IR Information'). But it carries only tanshin, timely disclosures and quarterly data summaries; decks, scripts, the MTP, AGM notices and integrated reports are not on it. 'Latest IR Information' shows only the newest item per type. Split by type across several dated pages, so 3 (ruling). Source document →
O6English archive genuinely populated, not an unverifiable shell5/5
The archive is deep across every type. Tanshin for every quarter from Q1 FY2016 (Aug 2016) to Q1 FY2026. Decks and data summaries from FY2015, and briefing scripts with Q&A from FY2021. Integrated reports and Consolidated Financial Statements for FY2015-FY2025. AGM notices for 2020-2026 (111th-117th). Sponsored research reports 2021-2026. IR news by year back to 2018. Several years across document types, so 5. Source document →
O7Named English IR contact published2/5
The only contact on the English site is the shared 'Contact' link (contact.tsubakimoto.com). That is a Tsubaki product information request form whose required product-type list has no IR or investor category. The IR pages (FAQ, calendar, stock procedures) offer no IR address, phone or form; only the share registrar's phone line is given. The English tanshin names Yukiko Noguchi, Manager, Sustainability Strategy Department, +81-6-6441-0054. Named only in the document header, with no IR route on the site. Source document →
R1Earnings materials published in English simultaneously with Japanese4/5
The tanshin is same-day every period read. TDnet (kabutan) shows the English and Japanese at the same minute: Q1 FY3/2027 30 Jul 2026 15:30, FY3/2026 13 May 2026 16:00, Q3 6 Feb 2026 15:30, Q2 31 Oct 2025 15:30. The English library's 'Announced' dates match. The quarterly Data Summary (補足資料) is same-day too: Q1 FY26 both created 30 Jul; FY25 EN created 13 May vs JP 22 May. But the briefing decks are late by PDF creation date (the English page gives no date for them). FY2025 deck: JP created 28 May (posted 29 May), EN 29 Jun 2026. FY2025 Q2 deck: JP 19 Nov 2025, EN 4 Dec 2025. Tanshin same day, deck later, so 4. Source document →
R2Median lag in days between Japanese and English statutory publication5/5
English against Japanese, from TDnet times on kabutan and the Japanese IR news list. Q1 FY3/2027 tanshin: 30 Jul / 30 Jul = 0. FY3/2026 tanshin: 13 May / 13 May = 0. 117th AGM notice: both on TDnet 29 May 2026 08:00 = 0. Corporate Governance Report: Japanese filed 30 Jul 2026, no English (the English governance page links the Japanese), so more than 90. Securities report (yuho): Japanese posted 25 Jun 2026, no English; the English 'Consolidated Financial Statements' carries only the statements, and none exists yet for FY3/2026, so more than 90 (ruling). Sorted 0, 0, 0, >90, >90: median 0, so 5. Source document →
R3Timely disclosures published in English4/5
TDnet (kabutan), 16 Oct 2025 to 15 Oct 2026, against the English IR news list. Every core timely disclosure has a same-minute English version on TDnet and the English IR news list. Forecast revision (31 Oct 2025). Treasury-stock status (4 Nov, 21 Nov 2025; 1 Jul, 3 Aug, 1 Sep, 1 Oct 2026). Fractional-share purchase after the Daido Kogyo share exchange (28 Jan 2026). Daido Kogyo results disclosure (6 Feb). Subsidiary establishment (9 Apr). Buyback decision and extraordinary income / forecast-actual difference (13 May). ToSTNeT-3 purchase and result (18-19 Jun). Restricted-stock disposal and payment (26 Jun, 24 Jul). Not matched: the sponsored research report notice (JP 26 Dec 2025, EN '〔Delayed〕' 27 Jan 2026), and the share-exchange statutory documents (法定事前開示書類 11 and 26 Dec 2025, 法定事後開示書類 5 Jan 2026), which have no English. All core items same day, one late and the statutory share-exchange papers missing, so 4. Source document →
R4English disclosure free of machine-translation accuracy disclaimers5/5
We rendered the English homepage, IR top, IR library pages, FAQ, disclosure policy and Terms of Use, and searched the visible text. There is no machine- or AI-translation notice and no translation pop-up. The documents (tanshin, AGM notice, consolidated statements, integrated report, decks, MTP) have no machine-translation disclaimer, only the human-translation precedence line ('translated from the Japanese original for reference purposes only ... the original shall prevail'), which belongs to R5. So 5. Source document →
R5English version stated as authoritative, not subordinate to Japanese2/5
The tanshin ('translated from the Japanese original for reference purposes only ... the original shall prevail'), the AGM notice and the translated consolidated financial statements each disclaim in favour of the Japanese. The results presentation deck, the scripts and the integrated report carry no such statement. Disclaimed on some documents. Source document →
Open a question for the reasoning and the document its score was read from. A zero means no qualifying English materials were located within the stated review scope as of 2026-10-12. Compare this question across companies →
Capital-policy review
Not scored. 1 action has been reviewed; a score out of 100 is published once 3 or more are. The ratings:
Each action is read against the company’s own filings on four checks: was the promise specific, can the steps be traced, were the economics explained, and did it report back against the target. This records the status of selected actions, not an assessment of the company as a whole. How this is scored →
Industrial automation portfolio and profitability plan
Strategy or target reset · In progress · Plan or update announced 29 May 2026
Issuer library dates the plan presentation May 29 2026; June 25 securities report confirms the numeric targets.
Timeline and sources (2 steps)
- 29 May 2026Plan presented Issuer library identifies the dated Mid-Term Management Plan 2030 presentation. Mid-Term Management Plan Presentation
- 25 June 2026Targets confirmed in securities report The filed report sets FY2030 group sales, margin, ROE and payout targets. FY2025 Securities Report
What management said it would do
Management targets growth and higher group profitability through portfolio and operational changes.
From the company’s own disclosure · FY2025 Securities Report
What it actually did, and when
Industrial chain and motion-control activities are combined within power transmission; final benefits remain unverified.
Partly disclosed — a gap remains · FY2025 Securities Report · Message to Shareholders and Investors · Mid-Term Management Plan Presentation · Tsubaki at a Glance · Settlement of Accounts Presentation Meeting · Investor Relations FAQ
What it disclosed about the economics
Partly disclosed — a gap remains · FY2025 Securities Report · Message to Shareholders and Investors · Mid-Term Management Plan Presentation · Tsubaki at a Glance · Settlement of Accounts Presentation Meeting · Investor Relations FAQ
What has happened since
The new five-year endpoint is not due.
Partly disclosed — a gap remains · FY2025 Securities Report · Message to Shareholders and Investors · Mid-Term Management Plan Presentation · Tsubaki at a Glance · Settlement of Accounts Presentation Meeting · Investor Relations FAQ
The question this leaves open
Investor question: Which automation businesses merit more capital? IR preparation: show segment returns, integration costs, synergy milestones and allocation alternatives.
Our analysis, not a company statement
Balance sheet and capital-policy indicators
A source-backed first-pass capital-efficiency, balance-sheet and governance reading, separate from the accountability score.
Cash use and returns
The plan combines business investment with a payout guideline of at least 35%; a complete five-year cash-allocation bridge has not been assessed in this source set.
Capital structure
Governance of capital decisions
The new plan combines profitability targets with portfolio concentration and power-transmission integration.
Preliminary and not scored: a selected-source reading, reviewed 1 October 2026. Surplus cash, leases, maturities, project ROIC, cost of capital, committed spend and peer comparability are not fully assessed; none enters the accountability score. Figures are the company’s own reported numbers; a large cash balance is not called excess without a defensible operating reserve and investment plan. Every company with a balance-sheet reading →
Changes to this record
- Research error 23 October 2026 · G5: 5 → 4. Every proposal is in the English notice, but the voting website shareholders use (Sumitomo Mitsui Trust Bank) is in Japanese only.
Every change is labelled as a research error, new evidence supplied, improved disclosure or a rule change, with its date and the previous score. Change log →
Scores assess how English information is published, not the quality of the business or its investment value. To report an error or a document we missed, see how to contact us.