V-cube, Inc.
3681・Prime Market・Information & Communication
Governance
The company has a Board with Audit and Supervisory Committee structure. The Board of Directors consists of 10 members (including 4 outside directors and 4 independent outside directors), with an outside director ratio of 40%. A Nomination and Compensation Committee (7 members, including 4 outside members, chaired by an outside director) has been established to ensure fairness and transparency in management. The Board of Directors meets 13 times per year.
Risk Management
The Company has established a "Compliance and Risk Management Committee," chaired by the President, to identify risks and develop preventive measures. The Internal Audit Office (one person in charge and one staff member) conducts periodic audits of each division and subsidiary, and an internal reporting hotline has also been established, with an attorney from TMI Associates serving as the recipient. A framework has been built for periodic reporting on and discussion of sustainability risks at the Board of Directors. Regarding climate change risk, given the nature of the remote/online business, the Company recognizes that the direct impact is limited.
Shareholder Returns
For FY2025 (ending December 2025), no dividend was paid due to the recognition of a net loss of ¥3,696 million and continued negative net worth. No dividend (¥0) is also forecast for FY2026 (ending December 2026). No mention of treasury stock repurchase. As the company has triggered delisting criteria, business rehabilitation is the top priority, and shareholder returns are difficult to implement for the foreseeable future.
Dividend Policy
For FY2025 (ending December 2025), no dividend was paid (annual dividend of ¥0) due to the recognition of a net loss of ¥3,696 million and negative net worth. No dividend (¥0) is also forecast for FY2026 (ending December 2026). Resolving the negative net worth and rehabilitating the business are the priority issues, and no specific description of dividend policy is found in the financial results report.
ESG
As a climate change countermeasure, Scope 2 emissions were reduced from 205t-CO2 in FY2022 (ended December 2022) to 162t-CO2 in FY2024 (ended December 2024), with a target of 100% renewable energy for business electricity by 2025. In terms of human capital, based on the
Last updated: April 30, 2026