kubell Co., Ltd.
4448・Growth Market・Information & Communication
Governance
The company adopted an Audit and Supervisory Committee structure (transitioned in March 2023). The Board of Directors consists of 8 members in total: 4 directors (including 1 outside director) plus 4 outside directors serving as Audit and Supervisory Committee members, resulting in an outside director ratio of 62.5%. A Compensation Committee (7 members, including 5 outside members) has been established as a voluntary advisory body to the Board of Directors. No Nomination Committee has been established.
Risk Management
Directors, executive officers, and department heads coordinate under the leadership of the Corporate Division head to maintain a framework based on the Risk Management Regulations. Material risks are reported to and discussed by the Board of Directors, and in the event of a significant incident, an emergency response system led by the President and Representative Director as the overall responsible officer is activated. An internal whistleblowing system (with the Compliance Committee and an external law firm serving as contact points) is also in operation. Information security is positioned as a top-priority management issue, with a dedicated organization promoting monitoring systems, vulnerability assessments, and the acquisition of SOC2 certification.
Shareholder Returns
Prioritizing strengthening the financial base and building up retained earnings for business expansion, the company continues to pay no dividend (annual dividend of ¥0.00) for both FY2025 (ending December 2025) and FY2026 (ending December 2026). No share buybacks have been confirmed, and no shareholder benefit program is in place.
Dividend Policy
The company prioritizes building up retained earnings for business expansion and maintains a no-dividend policy for the time being. The annual dividend for FY2025 (ending December 2025) is ¥0.00 (¥0.00 at both the second-quarter-end and fiscal year-end). The forecast for FY2026 (ending December 2026) is also an annual dividend of ¥0.00 (¥0.00 at second-quarter-end, ¥0.00 at fiscal year-end). If dividends are paid, the basic policy is a single year-end dividend, though an interim dividend is also permitted under the articles of incorporation. The body authorized to decide on distribution of surplus is the Board of Directors (per the provision in the articles of incorporation based on Article 459, Paragraph 1 of the Companies Act).
ESG
Under the sustainability vision of "A rich society overflowing with creativity, where everyone enjoys working," the company has identified 11 materialities. FY2030 KPIs include providing its business platform to over 1 million SMEs, achieving net-zero CO2 emissions (Scope 1+2), 100% renewable energy for electricity use, zero major security incidents, 100% compliance training completion rate, and 100% childcare leave uptake rate for both men and women, among others. The CEO Office, reporting directly to the CEO, serves as the lead promotion department, with a cross-organizational project team structure established to drive activities and disclosure.
Last updated: March 23, 2026