PROPERST CO.,LTD.
3236・Standard Market・Real Estate
Governance
Following the 38th Annual General Meeting of Shareholders (August 27, 2024), the company transitioned to a company with an audit and supervisory committee. The Board of Directors consists of 10 directors, of whom 7 are outside directors (4 outside directors excluding audit and supervisory committee members, plus 3 outside audit and supervisory committee members), with outside directors holding a majority. The establishment of a nomination committee or compensation committee is not confirmed in the securities report.
Risk Management
Risks are managed centrally through daily management meetings attended by the Representative Director & President, executive directors, and the full-time Audit and Supervisory Committee member. The Sustainability Committee (meeting at least twice a year) is responsible for ESG-related risks, with a system in place to report important matters to the Board of Directors. Cross-departmental responses are also promoted through collaboration among the Internal Audit Office, the Compliance Committee, and the Legal Department.
Shareholder Returns
Positions shareholder returns as a top priority and determines dividend amounts by comprehensively considering DOE and other factors. For FY2026 (ending May 2026), the dividend was increased by ¥2 from the initial forecast to ¥8 per share (total dividends of ¥264 million, payout ratio of 14.1%). For FY2027 (ending May 2027), a further increase of ¥2 to ¥10 per share is planned (forecast payout ratio of 20.5%).
Dividend Policy
The company aims to secure stable capital with an equity ratio of 30% or higher toward strengthening its financial structure in light of business trends and future growth, while comprehensively considering the dividend on equity ratio (DOE) and other factors to determine dividend amounts. The basic policy is to pay dividends twice a year: a year-end dividend (resolved at the general shareholders' meeting) and an interim dividend (resolved by the Board of Directors). FY2025 (ended May 2025) actual: ¥6 per share (total dividends of ¥200 million, payout ratio of 10.3%). FY2026 (ending May 2026) actual: increased by ¥2 per share from the initial forecast to ¥8 (total dividends of ¥264 million, payout ratio of 14.1%). FY2027 (ending May 2027) forecast: a further increase of ¥2 to ¥10 per share (forecast payout ratio of 20.5%).
ESG
Under the sustainability basic policy of "a vibrant, comprehensive real estate developer that continues to leave behind sophisticated works," the company has set KPIs across the following areas: E (development of ZEH-standard condominiums and improvement of energy-saving performance), S (human capital development based on the Properust spirit, incentive/reward systems, support for obtaining qualifications, babysitting support, etc.), and G (management framework via the Compliance Committee and Sustainability Committee), with the Board of Directors and the Sustainability Committee conducting regular monitoring.
Last updated: August 28, 2025