BayCurrent, Inc.
6532・Prime Market・Services
Governance
The company transitioned to a Company with an Audit and Supervisory Committee structure in May 2023. The Board of Directors comprises 10 members (6 outside directors, of whom 4 are Audit and Supervisory Committee members), representing an outside director ratio of 60%. A Nomination and Compensation Committee (majority outside directors) has been established to ensure management transparency. All directors achieved 100% attendance at the 14 Board of Directors meetings held during the year.
Risk Management
Risk identification is conducted quarterly, centered on the Compliance Promotion Committee. Material risks are reported to the Board of Directors, and a system is in place to convene an emergency committee for rapid response in urgent situations. An advisory framework with external experts (lawyers, tax accountants, etc.) is also maintained.
Shareholder Returns
The annual dividend forecast for FY2027 (ending February 2027) is ¥130.00 per share (interim ¥65.00 + year-end ¥65.00), up ¥30.00 year on year. In the first quarter of the fiscal year, the company acquired ¥10,434 million of treasury stock. No change was made to the dividend forecast.
Dividend Policy
The basic policy is to pay dividends twice a year, comprising an interim dividend and a year-end dividend. The annual dividend forecast for FY2027 (ending February 2027) is ¥130.00 per share (interim ¥65.00, year-end ¥65.00). The actual result for the previous fiscal year was ¥100.00 per share (interim ¥50.00, year-end ¥50.00). In the first quarter of the fiscal year, the company spent ¥10,448 million on the acquisition of treasury stock and paid ¥7,534 million in dividends. There has been no revision to either the earnings forecast or the dividend forecast from the most recently announced figures.
ESG
Conducted scenario analysis based on the TCFD recommendations, and set a target of achieving substantially zero Scope 1 and 2 GHG emissions by FY2026 (ending February 2026). On the human capital front, the company promotes health-focused management, achieving a periodic health checkup participation rate of 99.0%, a stress check participation rate of 96.3%, and an overtime (exceeding 45 hours) occurrence rate of 0.9% (against a target of below 1%). To ensure diversity, the company promotes fair recruitment, support for women's advancement, and employment of people with disabilities.
Last updated: May 26, 2026