確認メモ（原文・英語）No English IR section. The English site (/en/) has no results; the Japanese 決算短信/決算説明資料 page carries the Q1 FY3/2027 tanshin (6 August 2026, 12 pages) and earlier periods in Japanese only.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). The Japanese 決算短信 (latest Q1 FY3/2027, 6 Aug 2026, 12 pages) exists only in Japanese; no English tanshin to compare.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English financial statements in any form (tanshin, yuho, annual report).
確認メモ（原文・英語）The Japanese 有価証券報告書等 page carries the 127th-term securities report and half-year reports in Japanese only; nothing in English on the English site.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). Segment figures appear only in the Japanese tanshin and decks; nothing in English.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English financial data page or downloadable Excel/CSV file.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). The full-year forecast appears only in the Japanese tanshin; no English guidance.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English medium-term plan; any plan material is on the Japanese IR pages only.
確認メモ（原文・英語）The Japanese results page has 決算説明会資料 for the full year and half year (FY3/2026 deck June 2026); no English deck anywhere on the English or Japanese site.
確認メモ（原文・英語）The English site has no IR section and no investor-framed page. Its Company pages (President's Message, Company Profile, History, Production Place) describe the business: total abrasive processing machines and semiconductor-related equipment since 1935, a global network, and the 2035 centenary. No strengths are set out or quantified. Re-checked 21 Oct 2026 under v1.1.1: English material counts wherever it sits on the company's site, so the English corporate pages are scored here even though there is no English IR section. A generic corporate introduction, so 2.
確認メモ（原文・英語）The English President's Message says the company will enhance its value in the machine-tool and semiconductor-related equipment businesses and strengthen group collaboration, with no specific driver and no numbers. Re-checked 21 Oct 2026 under v1.1.1: English material counts wherever it sits on the company's site, so the English corporate pages are scored here even though there is no English IR section. Vague, so 2.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English transcript or Q&A; no English results briefing material of any kind.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English review of progress against a previous plan.
確認メモ（原文・英語）No Corporate Governance Report or governance page in English; the English site's Company menu has Message, Company Profile, Production Place, History, Environmental Activities only.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). The 127th AGM notice (June 2026) with director candidate profiles is in Japanese only; no English director biographies.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English skills matrix (the notice and governance materials are Japanese only).
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English remuneration disclosure (the governance report, yuho and AGM notice are Japanese only on the site).
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English cross-shareholding disclosure.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). The English homepage links to no IR content at all, so no English IR can be reached by any number of clicks.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English IR document links to sample.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English IR archive to test.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English IR pages to render (/en/ir/ is a 404).
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English IR library.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English IR archive.
確認メモ（原文・英語）No English IR presence. The English 'Contact US' page is a single 'Sales inquiry form'; the IR inquiry form (/contacts/ir/) exists only on the Japanese site. The Japanese tanshin names 高橋正弥, 取締役常務執行役員 管理本部長, TEL 027-385-5800.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English earnings materials; the Japanese tanshin and decks have no English counterpart.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). None of the latest two tanshin, the AGM notice, the CG report or the yuho has an English version on the company site.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). The Japanese IR news list has no English counterpart; no English timely disclosures found on the company site.
確認メモ（原文・英語）No English IR presence (re-checked 14 Oct 2026 in the rendered browser): the English site https://www.okamoto.co.jp/en/ has menus Company, Products, Group Company, Search by Machines, Contact US only, no IR section, and /en/ir/ returns 404; the Japanese IR top (/ir/) and IR news (/ir/news/) carry no English documents or links (the only 'English' link is the global switch to /en/). No English IR content exists to carry or lack a machine-translation notice.
Semiconductor equipment acceleration and payout reset
Okamoto accelerated key Vision 2030 targets to FY2028 and raised its shareholder-return ambition while emphasizing semiconductor equipment.
時系列と出典（1件・内容は原文）
2025-12-01Plan or update announced Okamoto accelerated key Vision 2030 targets to FY2028 and raised its shareholder-return ambition while emphasizing semiconductor equipment.出典資料1
経営陣が表明したこと
Management targets ¥69bn sales, ¥11bn operating profit and a 45% payout ratio by FY2028.
Investor question: What utilization and margins underpin the ¥27bn semiconductor-equipment target? IR preparation: bridge backlog, capacity, spend, margins and ROIC.
当調査の分析（会社の説明ではありません）
約束は具体的か5／5Segment sales, operating-profit and payout targets are quantified.
実行の経過を追えるか4／5The plan refreshes prior targets, but project spend, capacity ramp and realized returns are not yet reconciled.
経済性を説明しているか4／5The semiconductor rationale and payout reset are clear; ROIC, hurdle rates and balance-sheet limits are not explicit.
目標に対する結果を報告しているか時期未到来The FY2028 endpoint is not due.
Okamoto prioritizes semiconductor grinders and polishers and previously framed six-year investment of ¥18bn; the new plan targets ¥27bn of semiconductor-equipment sales by FY2028.
資本構成
Management raises the payout target to 45%, but the selected plan provides limited liquidity and leverage guardrails.
資本政策の意思決定
The company accelerated its Vision 2030 operating targets to FY2028, yet project-level ROIC and hurdle rates remain undisclosed.