TOWNNEWS-SHA CO.,LTD.
2481・Standard Market・Services
Governance
Company with a Board of Corporate Auditors. The Board of Directors comprises 6 members (2 outside directors, outside ratio 33.3%), and holds regular board meetings monthly. Although no nomination committee or compensation committee has been established, a Compliance Committee and Management Committee under the direct oversight of the President are operated monthly, and the Internal Audit Office works together with the Board of Corporate Auditors to strengthen internal controls.
Risk Management
The company has established a system in which each department analyzes and identifies foreseeable risks, with important issues escalated to the Board of Directors for deliberation on countermeasures. It recognizes climate change risk (environmental regulations, rising paper costs, abnormal weather), declining newspaper subscription rates, and difficulty securing human resources as key risks, and is strengthening its risk management framework through collaboration with the Compliance Committee and its legal advisor.
Shareholder Returns
The annual dividend forecast for FY2026 (ending June 2026) is ¥20 per share (year-end lump sum), unchanged from the actual dividend for the previous period. There is no change to the dividend forecast. There is no mention of share buyback implementation results or new plans.
Dividend Policy
The annual dividend forecast for FY2026 (ending June 2026) is ¥20 per share (¥0 at the second quarter-end, ¥20 at year-end). This is the same amount as the previous period's actual dividend (¥20), and there is no revision from the most recently announced dividend forecast. An interim dividend may be implemented by resolution of the Board of Directors under the Articles of Incorporation, but the second quarter-end dividend for the current period is also ¥0.
ESG
The company has positioned strengthening human capital as its top-priority issue and established a new
Last updated: September 22, 2025