PAPYLESS CO.,LTD.
3641・Standard Market・Information & Communication
Governance
A company with a board of corporate auditors. The board of directors consists of 7 members (5 internal, 2 outside), and all 3 corporate auditors are outside auditors. The board of directors meets at least once a month, and internal audits are conducted by 2 directors responsible for internal audit, establishing a robust oversight framework.
Risk Management
The Company has established risk management regulations and identifies and manages eight categories of risk, including system failures, information leaks, natural disasters, litigation, and legal violations. A framework has also been built to periodically assess and identify sustainability risks through the IR Response Meeting.
Shareholder Returns
Basic policy is to pay a year-end dividend once per year while securing internal reserves. For FY2026 (ending March 2026), a dividend of ¥10 per share (total dividends of ¥86 million) was implemented. The same amount of ¥10 per share is forecast for FY2027 (ending March 2026, sic). No share buybacks were conducted in the current period (¥1,254 million was acquired in the previous period).
Dividend Policy
The basic policy is to continue paying a year-end dividend once per year while securing internal reserves for future business development and strengthening the management structure. For FY2026 (ending March 2026), a dividend of ¥10 per share (total dividends of ¥86 million) was implemented. The forecast for FY2027 (ending March 2026, sic) is also ¥10 per share (forecast payout ratio of 67.9%). The articles of incorporation provide for the possibility of an interim dividend based on a record date of September 30 each year, subject to a resolution of the Board of Directors. Note that the (consolidated) payout ratio for FY2025 (ending March 2025) and FY2026 (ending March 2026) is not disclosed due to a net loss per share.
ESG
Given the nature of the E-Book Business, the company positions environmental contributions such as reduced paper resource consumption and power savings as integral to its business expansion. In terms of human capital, the company discloses achievements such as a 23.1% ratio of women in management positions, a 15.4% ratio of foreign nationals, and a 100% ratio of mid-career hires, reflecting its commitment to ensuring diversity.
Last updated: June 26, 2026