MCJ Co.,Ltd.
6670・Standard Market・Electric Appliances
Governance
Pure holding company structure with a Board of Corporate Auditors. The Board of Directors consists of 8 members, including 4 outside directors (outside director ratio of 50%), with a 100% attendance rate for all members. A voluntary advisory committee composed of 6 independent outside officers (serving both nomination and compensation functions) has been established and is involved in the selection of directors and determination of compensation.
Risk Management
A Risk Management Committee reporting directly to the President has been established at the Company and its major subsidiaries, and meets on a quarterly basis. Risk items are selected and response policies formulated using a common format, and activity details are reported to the Board of Directors semi-annually. A compliance hotline has been set up, advisory agreements have been concluded with two law firms, and a subsidiary oversight system based on the Affiliated Companies Management Regulations has also been put in place.
Shareholder Returns
As part of the delisting procedures associated with the MBO, there will be no dividend (annual dividend of ¥0) for FY2026 (ending March 2026). The year-end dividend for FY2025 (ended March 2025) was ¥43 per share (total ¥4,223 million, payout ratio 30.1%). During the period, treasury share repurchases of ¥5,200 million were carried out. Dividend forecasts for FY2027 (ending March 2027) onward are not disclosed due to the planned delisting. The shareholder benefit program has been abolished.
Dividend Policy
As announced on February 5, 2026, there will be no dividend for FY2026 (ending March 2026). Following the successful completion of the tender offer for the MBO by BCPE Meta Cayman, L.P., procedures for share consolidation and delisting are underway (delisting scheduled for June 16, 2026), and therefore no dividend forecast is provided for FY2027 (ending March 2027) onward. The shareholder benefit program has also been abolished.
ESG
Based on the "MCJ ESG Policy" formulated in July 2020, the company is advancing initiatives across the Environmental, Social, and Governance domains. In terms of human capital, disclosed indicators include a female manager ratio of 14.3% (target: 15%), training investment of ¥47,614,015 (¥20,107 per employee), and an employment rate for persons with disabilities of 2.370% (target: 2.7%). The company has established diverse working arrangements, including work-from-home, flextime, and a four-day workweek system, achieving a retention rate of 84.6% and average monthly overtime of 6.9 hours. A framework is in place whereby sustainability-related initiatives are appropriately submitted to and reported to the Board of Directors.
Last updated: June 24, 2025