FRONTIER INTERNATIONAL INC.
7050・Growth Market・Services
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 5 members (4 internal, 1 outside director; outside director ratio 20%), and all 3 corporate auditors are outside auditors. No nomination committee or compensation committee has been established. The Board of Directors met 13 times during the fiscal year under review, with an attendance rate of over 92% for all directors. Five specialized committees have been established under the Compliance Committee to develop the internal control system.
Risk Management
The company has established a risk management framework in which the President and Representative Director serves as the head of the response headquarters, addressing diverse risks including changes in the external environment, natural disasters, information leaks, and system failures. Five committees under the Compliance Committee—Anti-Social Forces and Risk Countermeasures, Safety Countermeasures, Information Security, Transactions, and Health and Safety—are each responsible for their respective risk areas, and an advisory framework involving external experts (lawyers, certified public accountants, etc.) has also been established. Sustainability-related risks are identified and monitored at the Management Committee, with a framework in place to report to the Board of Directors as necessary.
Shareholder Returns
The basic policy is a year-end dividend paid once annually with a target payout ratio of 50%. The FY2026 (ending April 2026) year-end dividend, after the stock split (1 share to 2 shares), is projected at ¥70.00 per share (total dividends of ¥627 million, payout ratio 50.1%). For FY2027 (ending April 2027), the dividend is forecast at ¥73.00 per share (payout ratio 50.3%).
Dividend Policy
The basic policy is to maintain a stable dividend level to the extent possible, while placing importance on linkage to business performance, and to distribute profits once annually as a year-end dividend. The target payout ratio is 50%. Effective February 1, 2026, a stock split was implemented at a ratio of 2 shares for every 1 share of common stock. The FY2026 (ending April 2026) year-end dividend, after the stock split, is ¥70.00 per share (¥140.00 per share before adjustment for the stock split), with total dividends of ¥627 million and a payout ratio of 50.1%. The forecast year-end dividend for FY2027 (ending April 2027) is ¥73.00 per share, with a payout ratio of 50.3%.
ESG
The Company positions human capital as its most important issue, promoting human capital investment such as strengthening recruitment competitiveness and liberal arts training. It has set targets of achieving a 20.0% ratio of female managers by April 2028 (12.3% actual result for FY2025) and a gender pay gap ratio of 75.0% (69.7% actual result for the same period). It explicitly states that climate change is not expected to have a material impact in the current consolidated fiscal year. The Company is also engaged in sustainability contributions through its business activities, including cooperation with events and symposiums aimed at solving social issues.
Last updated: July 31, 2025