SAKURA KCS Corporation
4761・Standard Market・Information & Communication
Governance
As a company with a Board of Corporate Auditors, the company has established a Board of Directors (4 members, of which 2 are outside directors) and a Board of Corporate Auditors (4 members, of which 2 are outside auditors), and separates decision-making/supervisory functions from business execution functions through an executive officer system. All outside directors and outside corporate auditors have been registered as independent officers.
Risk Management
The Risk Management Committee conducts company-wide risk assessments, and subcommittees led by the responsible departments are established for each material risk to manage them on a cross-organizational basis. A Compliance Committee, Compliance Office, and Compliance Officers in each division have been established, and an internal whistleblowing system has also been put in place. Progress is regularly reported to the Board of Directors under this framework.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥55 per share (interim ¥17 + year-end ¥38), with a consolidated payout ratio of 50.3%. The policy has been raised from the previous target of 30-40% to the 50% level. The forecast for FY2027 (ending March 2027) is ¥62 (interim ¥31 + year-end ¥31), with a payout ratio expected to be 56.5%. The new medium-term management plan sets a target DOE (dividend on equity) of 3.5-4.0%. As a subsequent event, the Board of Directors resolved to acquire treasury shares.
Dividend Policy
The basic policy is to pay dividends twice a year, comprising an interim dividend and a year-end dividend. The previous policy of "stable dividends targeting a consolidated payout ratio of 30-40%" has been raised to a consolidated payout ratio of around 50%, taking into account the current financial position and the balance with growth investment. Under the new medium-term management plan (FY2026-FY2028), the targets are set at a payout ratio of 50-60% and a dividend on equity (DOE) of 3.5-4.0%. The annual dividend forecast for FY2027 (ending March 2027) is ¥62 per share (interim ¥31 + year-end ¥31), with a payout ratio expected to be 56.5%. Additionally, at the Board of Directors meeting held on May 13, 2026, a resolution was passed to acquire treasury shares (including purchases via ToSTNeT-3). The Board also resolved to abolish the officers' retirement benefit system and introduce a restricted stock compensation system, which will be submitted for approval at the Ordinary General Meeting of Shareholders scheduled for June 26, 2026.
ESG
The company positions the strengthening of information security (establishment of a CSIRT, achievement of a security investment ratio of 0.7%) and cybersecurity measures as top priorities, and is advancing multifaceted ESG initiatives, including active investment in human capital (approximately 5% base pay increases for two consecutive years, a 28.6% year-on-year increase in new graduate hires), promotion of diversity (8.8% ratio of female managers), and certification as an Excellent Health Management Corporation for six consecutive years. Under the new plan, the company intends to pursue DOE-focused shareholder returns alongside approximately ¥10.0 billion in growth investment.
Last updated: June 19, 2026