PowerX, Inc.
485A・Growth Market・Electric Appliances
PowerX, Inc.
485A・Growth Market・Electric Appliances
Governance
Adopts a company with a nomination committee, etc. structure. The board consists of 7 directors (5 of whom are outside directors, an outside ratio of approximately 71.4%), with three committees established: nomination, compensation, and audit. Management oversight and business execution are clearly separated, with business execution delegated to 6 executive officers. The accounting auditor is Deloitte Touche Tohmatsu LLC.
Risk Management
The Company has established a Compliance and Risk Management Committee and formulated the "Compliance and Risk Management Regulations." In the event of a significant incident, a task force is set up to minimize losses. The Company works to detect and prevent risks in advance through cooperation with external experts (lawyers, audit firms, tax accountants, etc.). Key risks recognized include rising procurement costs for battery module components (due to dependence on Chinese suppliers and the impact of the abolition of VAT export rebates), foreign exchange risk (from USD-denominated procurement), insufficient production capacity, and challenges in securing human resources and strengthening the financial base.
Shareholder Returns
The company has continued to pay no dividends since its founding. As it currently considers itself to be in a growth phase, it prioritizes strengthening internal reserves for the time being, positioning allocation to business expansion investments as the greatest benefit it can return to shareholders.
Dividend Policy
While the basic policy is to pay stable dividends, the company currently prioritizes strengthening its financial position and building internal reserves for business expansion investment, as it considers itself to be in a growth phase. No dividends have been paid since founding, and the no-dividend policy is expected to continue for the time being. The basic policy for dividends of surplus is a single year-end dividend, with the decision-making body being the Board of Directors.
ESG
With the vision of "a planet forever free from energy scarcity," the company manages GHG reduction contribution volume through its BESS, EVCS, and Power Business as a key ESG indicator (FY2025 (ending December 2025) result: 9,435 t-CO2). In terms of human capital, it discloses a ratio of foreign national engineers of 51.5%, a ratio of female managers of 7.6%, and a male childcare leave uptake rate of 50.0%. It has introduced flextime and remote work systems to promote the engagement of diverse professional talent. As of the filing date of this document, no quantitative GHG reduction targets have been announced.
Last updated: June 26, 2026