Pacific Net Co.,Ltd.
3021・Standard Market・Services
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 8 directors (including 3 outside directors, all of whom are independent officers), with an outside director ratio of 37.5%. The Board of Directors met 18 times per year, with an attendance rate of 94.4% for the Chairman and 100% for all other members. A Nomination and Compensation Committee, chaired by an independent outside director, has been established as an advisory body to the Board of Directors. All 3 corporate auditors are outside corporate auditors and independent officers.
Risk Management
Based on the Risk Management Regulations, the Compliance and Risk Management Committee (meeting once per quarter) provides integrated management of company-wide risks, identifying, assessing, and formulating improvement measures based on incident reports. Results are reported periodically to the Board of Directors. The company has built an ISO27001-compliant information security management system, and has established internal and external compliance consultation desks and harassment consultation desks. In the event of a serious incident, an emergency response structure will be established with the President and Representative Director serving as the overall officer in charge.
Shareholder Returns
Year-end dividend for FY2026 (ending May 2026) is ¥52 per share (annual ¥52, total dividends ¥273 million, payout ratio 31.6%). For FY2027 (ending May 2027), an ordinary dividend of ¥57 plus a commemorative dividend of ¥8, totaling ¥65 (projected payout ratio of 38.6%), is planned. Share buybacks were conducted on a small scale (¥59 thousand).
Dividend Policy
The dividend amount is determined with a target payout ratio of 30% or more and a DOE (dividends on equity) of 5% or more. The basic policy is continuous and stable profit distribution supported by sustainable business growth, and interim dividends with a record date at the end of the second quarter are also permitted under the Articles of Incorporation (no interim dividend for FY2026 (ending May 2026); annual dividend of ¥52 consisting solely of the year-end dividend). For FY2027 (ending May 2027), an ordinary dividend of ¥57 plus a commemorative dividend of ¥8, totaling ¥65, is planned.
ESG
On the environmental front, the company is advancing CO2 reduction through its reuse business (estimated 5,200t reduction in FY2024), converting packaging materials to recycled paper and downsizing cardboard boxes, and donating reused PCs to NPOs. On the human capital front, it revised its personnel and compensation systems in August 2023, conducts biannual engagement and 360-degree surveys, launched generative AI training (starting September 2024), and is promoting DX projects. The company has established a Women's Empowerment Committee and discloses the following metrics: female manager ratio of 27.1% (target: 30% by FY2028), male childcare leave uptake rate of 75.0% (target: 75% or higher every period), and gender pay gap ratio of 85.6% (target: 90% by FY2028).
Last updated: August 27, 2025