PIALA INC.
7044・Standard Market・Services
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 5 members (2 outside directors, 40% outside ratio), and all 3 corporate auditors are outside auditors. No Nomination Committee or Compensation Committee has been established; a Compliance & Risk Committee and a Management Committee are in place. The Board of Directors met 16 times during the fiscal year under review, with a 100% attendance rate for all members.
Risk Management
The President and Representative Director serves as the Chief Risk Officer, and the Head of the Administration Division serves as the Risk Management Officer, with the Compliance & Risk Committee (convened at least once per quarter) overseeing risk management overall. A system has been established whereby risk information is reported to the Board of Directors and the Management Committee via the risk management personnel within the Administration Division. Advice from external experts such as legal counsel and audit firms is also utilized. The Company recorded operating losses for four consecutive fiscal years through the previous consolidated fiscal year, resulting in material doubt regarding its ability to continue as a going concern; however, having achieved profitability in FY2025 (fiscal year ended December 2025) for the first time in five years, the Company has determined that no material uncertainty currently exists.
Shareholder Returns
As of the first quarter of FY2026 (ending December 2026), the dividend forecast remains undetermined ("—"). FY2025 (ended December 2025) had no annual dividend (¥0). The dividend forecasts for both the full year and the second-quarter cumulative period of FY2026 (ending December 2026) also remain undetermined, unchanged from before. There is no mention of share buybacks in this financial results report.
Dividend Policy
For FY2025 (ended December 2025), the annual dividend was ¥0 (no dividend). For FY2026 (ending December 2026), the dividend forecast remains undetermined ("—") for the end of the first quarter, second quarter, third quarter, and the fiscal year-end alike, with no revision from the most recently announced dividend forecast.
ESG
The company has already formulated a basic sustainability policy under its corporate philosophy of "creating a world where everyone wins," but has not yet begun identifying related risks and opportunities or setting numerical targets. It positions human capital as its most important management resource and introduced a revamped personnel system in FY2025 with updated promotion/demotion and compensation structures. It discloses a 14.3% ratio of women in management positions and a 66.7% male childcare leave uptake rate. Initiatives addressing climate change and reducing environmental impact are stated in the policy, but specific measures and indicators have not been disclosed.
Last updated: March 27, 2026