Fujisan Magazine Service Co., Ltd.
3138・Standard Market・Retail Trade
Governance
Company with a Board of Corporate Auditors. Composed of 5 directors (2 of whom are outside directors) and 3 corporate auditors (all outside). No nomination committee or compensation committee is established. One outside director (Michio Matsuura) and two outside corporate auditors (Sanpachi Ito and Shusuke Fukamachi) have been registered as independent officers with the Tokyo Stock Exchange and Nagoya Stock Exchange. During the fiscal year under review, the Board of Directors held 18 meetings in total, and all directors maintained a high attendance rate.
Risk Management
The Internal Audit Office conducts audits of all departments and subsidiaries based on the audit plan and reports the results to the Representative Director and the Audit & Supervisory Board Members. In preparation for the materialization of risks, the company has established an emergency contact network and formulated a business continuity plan. An internal whistleblowing system has been established, under which the Corporate Management Group and outside legal counsel investigate and handle reported matters. Sustainability-related risks are also discussed at the Board of Directors as one category of management risk.
Shareholder Returns
The annual dividend forecast for FY2026 (ending December 2026) is ¥16 per share (year-end lump sum). This represents a decrease from the prior period's ¥30 (including a ¥9 commemorative dividend). The dividend policy targets continuous profit distribution based on whichever is higher: approximately 30% of net income attributable to owners of the parent, or ¥16 per share. Treasury shares of 13,219 shares were retired in January 2026.
Dividend Policy
The policy is to continue providing profit distribution in line with business performance, targeting whichever is higher: approximately 30% of net income attributable to owners of the parent (excluding one-time gains and profits not accompanied by an increase in cash and deposits), or ¥16 per share. The basic policy is a single year-end dividend, with interim dividends possible by resolution of the Board of Directors. The annual dividend forecast for FY2026 (ending December 2026) is ¥16 per share (¥0 at the second-quarter end, ¥16 at year-end). The actual result for the prior period (FY2025, ended December 2025) was ¥30 per share (ordinary dividend of ¥21 plus a commemorative dividend of ¥9), totaling ¥99 million. In addition, based on a Board of Directors resolution dated January 16, 2026, 13,219 treasury shares were retired on January 23, 2026.
ESG
The company positions climate change risk as limited and is working to reduce return rates and paper waste losses through the promotion of magazine subscriptions. On the human capital front, it has introduced flextime, remote work, mentoring programs, and an internal job posting system for transfers, promoting diversity through job-based hiring. Quantitative ESG indicators and targets have not yet been set and remain a subject for future consideration.
Last updated: March 26, 2026