WOWOW INC.
4839・Prime Market・Information & Communication
Governance
The company operates as a company with an audit and supervisory committee, comprising 10 directors (of which 7 are outside directors), securing an outside director ratio of 70%. It has introduced an executive officer delegation system and an executive council system, achieving both faster decision-making and strengthened oversight functions.
Risk Management
The company has established a Risk Management Committee (convened once a year), chaired by the President and Executive Officer, to manage key risks such as disaster response, infectious disease countermeasures, compliance, information security, and personal information protection. It has newly created a cyber incident response manual and conducts e-learning for all officers and employees three times a year.
Shareholder Returns
The year-end dividend for FY2026 (ending March 2026) is ¥30 per share (total dividends of ¥850 million, payout ratio 65.5%). The same ¥30 per share is forecast for FY2027 (ending March 2027) (payout ratio 141.9%). No treasury share buyback was conducted during the fiscal year under review. The policy is to pay continuous and stable dividends.
Dividend Policy
The company aims to pay continuous and stable dividends while working to strengthen retained earnings, taking into comprehensive account each fiscal year's business performance, the strengthening of its financial structure, and its medium- to long-term business strategy, among other factors. Dividends of surplus are determined by resolution of the Board of Directors (as stipulated in the Articles of Incorporation). The record dates are September 30 and March 31 each year. The acquisition and cancellation of treasury shares will also be appropriately considered as an effective means of returning profits to shareholders. The annual dividend for FY2026 (ending March 2026) is ¥30 per share (paid as a single year-end dividend), with total dividends of ¥850 million and a payout ratio of 65.5%. The forecast annual dividend for FY2027 (ending March 2027) is ¥30 per share (paid as a single year-end dividend), with a forecast payout ratio of 141.9%.
ESG
Identified five priority areas as the sustainability foundation: "Contribution to Entertainment Culture," "Respect for Human Rights," "DEI," "Improving Employee Engagement," and "Environmental Initiatives." The ratio of female managers stands at 24.7% (target: 25%), the male childcare leave uptake rate has been 100% for three consecutive years, the employment rate of persons with disabilities is 2.34%, and the company has been certified as an Excellent Health Management Corporation five times. In June 2024, the company established a "Policy on Human Rights and DEI" and has also begun addressing human rights risk management across the supply chain.
Last updated: June 18, 2026