CRI Middleware Co., Ltd.
3698・Standard Market・Information & Communication
Governance
Company with an Audit and Supervisory Committee. The Board of Directors consists of 9 members in total: 6 directors who are not Audit and Supervisory Committee members (1 of whom is an outside director) and 3 Audit and Supervisory Committee members (all outside directors). A voluntary Compensation Committee chaired by an outside director was established in December 2024. Following the general shareholders' meeting in December 2025, the board is scheduled to transition to a 7-member structure (4 directors who are not Audit and Supervisory Committee members and 3 Audit and Supervisory Committee members), and a proposal to reorganize the Compensation Committee into a Nomination and Compensation Committee is also scheduled to be deliberated.
Risk Management
A specialized structure has been established for each risk type. The Risk & Compliance Committee, chaired by a member appointed by the Representative Director, collects and evaluates company-wide risks and reports periodically to the Management Committee. For cybersecurity, an ISMS Committee has been established, and ISO/IEC 27001:2022 certification has been obtained. Sustainability risks are identified and addressed through an annual business planning process and, as needed, reviews by the President.
Shareholder Returns
Basic policy is a single year-end dividend targeting a consolidated payout ratio of 30%, but interim dividends are also implemented. For FY2026 (ending September 2026), an interim dividend of ¥13 and a year-end dividend of ¥14 (¥27 annually) are planned, continuing the increasing trend from ¥25 annually in the prior period. Treasury stock repurchases are stipulated in the articles of incorporation.
Dividend Policy
Determined based on a comprehensive assessment of the balance between growth investment and shareholder returns, targeting a consolidated payout ratio of approximately 30%. The articles of incorporation stipulate that dividends of surplus (including interim dividends) may be paid by resolution of the Board of Directors. For FY2026 (ending September 2026), an interim dividend of ¥13 (paid June 4, 2026) and a year-end dividend of ¥14 (forecast) are planned, totaling ¥27 annually. This represents an increase from ¥25 annually (year-end only) in the prior period (FY2025, ended September 2025).
ESG
The company positions resource efficiency through parts-count reduction and miniaturization enabled by mobility-oriented products (CRI ADX Automotive, CRI D-Amp Driver, CRI SOLIDAS) as a pillar of its environmental contribution (FY2025 actual: ¥647 million; FY2026 budget: ¥759 million). In human capital, it has achieved a 20% target female hiring ratio (20% actual) and a 100% childcare leave utilization rate, and has established learning support systems including e-learning training, a challenge incentive program, and qualification acquisition allowances. It has built a structure in which the Sustainability Subcommittee reports regularly to the Board of Directors.
Last updated: December 15, 2025