TO Books, Inc.
500A・Standard Market・Information & Communication
TO Books, Inc.
500A・Standard Market・Information & Communication
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 7 directors (including 3 outside directors), and the Board of Corporate Auditors consists of 3 auditors (all outside). A voluntary Nomination and Compensation Committee has been established, operated by 3 members: the Representative Director and 2 independent outside officers. During the fiscal year under review, the Board of Directors met 14 times, with all directors attending every meeting.
Risk Management
The Compliance and Risk Management Committee, chaired by the Representative Director, meets in principle once per quarter to monitor risks and discuss countermeasures. In addition to risk analysis and preventive measures at each department, the company also addresses legal risks in collaboration with its retained legal counsel. In the event of an emergency, a system is in place to establish an Emergency Response Office headed by the Representative Director.
Shareholder Returns
For FY2026 (fiscal year ending April 2026), a year-end dividend of ¥76.00 per share was implemented (payout ratio of 18.0%). The same amount of ¥76.00 is planned for FY2027 (ending April 2027) as well (expected payout ratio of 20.6%). No mention of share buybacks. The basic policy is to continue stable dividends, with internal reserves allocated to investment in the IP Creation & Development Business.
Dividend Policy
The basic policy is to continue implementing stable dividends while balancing the need for internal reserves to strengthen the financial base and fund investments supporting sustainable growth, with a year-end dividend paid once annually. Actual results for FY2026 (ending April 2026) were ¥76.00 per share (payout ratio of 18.0%, total dividends of ¥267 million). The forecast for FY2027 (ending April 2027) is ¥76.00 per share (expected payout ratio of 20.6%).
ESG
The core of sustainability promotion is human capital. The company has set forth a human resource development and workplace environment policy of "enabling employees to balance work and family life and enabling all employees to demonstrate their capabilities," targeting a paid leave utilization rate of 70% or higher by FY2027 (ending April 2027) (67% achieved in FY2025 (ending April 2025)). The company also works to foster diversity and inclusion awareness through various training programs and in-house seminars. The proportion of female employees in management positions is 22.2% (FY2025, ending April 2025). No quantitative disclosure regarding climate change is confirmed in the annual securities report.