INTELLIGENT WAVE INC.
4847・Prime Market・Information & Communication
Governance
Company with a Board of Corporate Auditors. Of the 8 directors, 3 are independent outside directors (outside director ratio: 37.5%), and of the 5 corporate auditors, 3 are independent outside corporate auditors. The company has established a voluntary Nomination and Compensation Committee, chaired by and with a majority of independent outside directors, as well as a special committee to address conflicts of interest with the controlling shareholder, and has also introduced an executive officer system. The Board of Directors met 19 times in FY2025 (ended June 2025), with all officers attending every meeting.
Risk Management
The Risk Management Committee, chaired by the Representative Director and President and reporting directly to the Board of Directors (meeting quarterly, four times in FY2025 (ending June 2025)), monitors the identification, analysis, evaluation, and formulation of countermeasures for risks. A framework has been established whereby sustainability risks are identified and evaluated by the Sustainability Committee, reported to the Board of Directors, and integrated and reassessed together with company-wide risks. Various regulations, including the Basic Compliance Policy, Corporate Code of Conduct, and Risk Management Regulations, have been established, and the Business Operations Management Committee (which met 21 times in FY2025 (ending June 2025)) promotes internal control and fraud risk reduction measures.
Shareholder Returns
Stable dividend policy with a payout ratio target of approximately 50%. For FY2026 (ending June 2026), the interim dividend of ¥17 has already been paid, with a year-end dividend of ¥20 planned, for an annual total of ¥37 (up ¥2 year-on-year). No record of share buyback implementation is noted.
Dividend Policy
The company positions returning profits to shareholders as an important management priority, and its basic policy is to maintain stable dividends while giving due consideration to retaining internal reserves to strengthen its management foundation. The target payout ratio is approximately 50%. The annual dividend for FY2025 (ended June 2025) was ¥35 per share (interim ¥15 + year-end ¥20). For FY2026 (ending June 2026), the interim dividend of ¥17 has already been paid, with a year-end dividend of ¥20 planned, for a planned annual total of ¥37 (up ¥2 year-on-year). There has been no revision to the dividend forecast.
ESG
The Sustainability Committee, established in April 2021 (meeting quarterly), manages materiality items such as climate change and human capital, and reports to the Board of Directors. For climate change, the company conducts scenario analysis under 2°C/4°C scenarios in line with TCFD, and has set a target to reduce Scope 1+2 emissions by 25% by FY2030 (versus FY2023) and achieve net zero by FY2050 (FY2025 (ending June 2025) results: Scope 1: 35 tCO2e, Scope 2: 815 tCO2e, Scope 3: 10,800 tCO2e). For human capital, the company discloses a female manager ratio of 17.0% (FY2025 (ending June 2025)), a male childcare leave uptake rate of 129.0%, and average monthly overtime hours of 22 hours 38 minutes, and has been certified as a
Last updated: September 17, 2025