m-up holdings, Inc.
3661・Prime Market・Information & Communication
Governance
The company is a company with an audit and supervisory committee, comprising 6 directors (4 of whom are outside directors, an outside director ratio of approximately 67%). It has established a voluntary Nomination and Compensation Committee as well as a Sustainability Committee. In FY2025, the Board of Directors met 17 times, achieving a 100% attendance rate among all members.
Risk Management
The Risk Management Committee centrally consolidates risk information across the Group in accordance with the Risk Management Regulations, and has established a framework whereby key risks, including climate change risk, are discussed by the Sustainability Committee before being reported to the Board of Directors. The Compliance Committee meets once per quarter, and the Internal Audit Office, which reports directly to the President, conducts audits.
Shareholder Returns
Significantly raised the target payout ratio from the previous 30% to a range of "40% to 50%," and introduced a progressive dividend policy. The year-end dividend for FY2026 (ending March 2026) is ¥20.00 per share (total dividends of ¥1,404 million, payout ratio of 47.8%). ¥24.00 per share is planned for FY2027 (ending March 2027). Share buybacks were also conducted (expenditure of ¥1,086 million in the current fiscal year).
Dividend Policy
Significantly raised the target payout ratio from the previous 30% to a range of "40% to 50%." While maintaining a performance-linked dividend as the basic policy, the company has introduced and implemented a "progressive dividend" policy under which, in principle, dividends will not be reduced and the dividend level will be maintained or increased. Dividends are paid once per year in principle as a year-end dividend, with retained earnings used for working capital needs such as personnel recruitment and new service development.
ESG
The company endorses the TCFD recommendations and has set an SBTi-certified target to reduce Scope 1 and 2 greenhouse gas emissions by 42% by 2030 compared to 2021 levels. On the human capital front, it has achieved a 100% male childcare leave utilization rate, and has set a target of raising the ratio of female managers to 35% or more by 2027 (currently 30.6%), while pursuing diversity promotion, health management, and remote work infrastructure development.
Last updated: June 26, 2026