BALMUDA Inc.
6612・Growth Market・Electric Appliances
Governance
Company with an Audit and Supervisory Committee (transitioned in March 2022). The Board of Directors consists of 6 members in total: 3 directors who are not Audit and Supervisory Committee members (1 of whom is outside) and 3 directors who are Audit and Supervisory Committee members (all outside). The outside director ratio is 4/6 (approximately 66.7%). A Compensation Committee has been established, meeting 3 times during the fiscal year under review. No Nomination Committee has been established, but the Audit and Supervisory Committee holds the right to state opinions on nominations.
Risk Management
The company has established a Risk & Compliance Committee chaired by the Representative Director, which meets in principle once a year. Each department head serves as the risk management officer responsible for day-to-day management, and when a significant risk arises, a task force headed by the Representative Director is established. The company has also begun identifying and assessing climate change risks (transition risks and physical risks) with reference to the recommendations of the TCFD.
Shareholder Returns
Annual dividends per share are ¥0.00 (no dividend) for both FY2025 (ending December 2025) and FY2026 (ending December 2026). The forecast for FY2026 (ending December 2026) also maintains no dividend. Amid material uncertainty regarding the going concern assumption, the company prioritizes strengthening retained earnings.
Dividend Policy
The annual dividend per share for FY2025 (ending December 2025) is ¥0.00 (interim: ¥0.00, year-end: ¥0.00). The forecast for FY2026 (ending December 2026) also calls for an annual dividend of ¥0.00 (interim: ¥0.00, year-end: ¥0.00), continuing the no-dividend policy. There is no revision from the most recently announced dividend forecast.
ESG
With reference to the TCFD framework, the company analyzes and discloses climate change transition risks and physical risks. It is advancing the rollout of environmentally conscious products such as the GreenFan series and the commercialization of small-scale wind power generation. On the human capital front, the company has set average years of continuous employment as a KPI, at 4.5 years (with a target of 4.6 years for FY2027 (ending December 2027)), and has established diverse hiring and development initiatives along with flexible work systems (remote work, flextime, childcare leave, etc.). The male childcare leave utilization rate was 150.0%, and the paid leave utilization rate was 65.5% (results for FY2025 (ending December 2025)).
Last updated: March 25, 2026