TOHOKUSHINSHA FILM CORPORATION
2329・Standard Market・Information & Communication
Governance
The company is structured as a company with an Audit and Supervisory Committee, with a Board of Directors composed of 18 directors (including 8 outside directors), and has established a voluntary Nomination and Compensation Committee in which independent outside directors hold a majority. The Board of Directors meets 16 times per year (approximately 2.5 hours per meeting) and has also introduced an executive officer system.
Risk Management
Legal risks are handled primarily by the Legal & Compliance Department, business risks by the Accounting Department, and operational risks by the respective responsible departments. In addition to establishing crisis management regulations to prepare for unforeseen events, the company is promoting the group-wide rollout of security detection and defense systems following a ransomware attack on a group company that occurred in December 2025. Furthermore, in FY2026 (ending March 2026), issues involving power harassment by a director as well as inappropriate accounting and labor management were identified, and the company is currently implementing recurrence prevention measures under the advice of external experts.
Shareholder Returns
The company continues its quarterly dividend system; the annual dividend for FY2026 (ending March 2026) is ¥27.06 per share (DOE 4.4%, payout ratio 53.5%), with total dividends of ¥3,724 million. The FY2027 (ending March 2027) dividend will be determined after completing a review of the impact of the acquisition of Graniph Co., Ltd.
Dividend Policy
The company has set a target DOE (dividend on equity ratio) of 2.0% or higher. Quarterly dividends are paid based on record dates of March 31, June 30, September 30, and December 31 each year, as resolved by the Board of Directors. For FY2026 (ending March 2026), the dividend was ¥6.76 for Q1, ¥6.77 for Q2, ¥6.76 for Q3, and ¥6.77 for Q4, totaling ¥27.06. Regarding the dividend for FY2027 (ending March 2027), the company plans to promptly disclose its decision after taking into account a review of the performance impact of its acquisition of Graniph Co., Ltd. (acquired on April 30, 2026) and the status of updates to its medium-term management plan.
ESG
Under its mission of 'creating and developing visual culture,' the company positions human capital as its primary source of competitive advantage, disclosing metrics such as a 100% childcare leave utilization rate for women, 78.6% for men, and a female manager ratio of 21.1% (target: 30%). Regarding climate change response, the company is working on GHG emissions reduction (LED conversion, use of renewable energy, utilization of virtual production, etc.), but climate-related metrics are currently under review following organizational restructuring.
Last updated: June 25, 2026