Birdman Inc.
7063・Growth Market・Services
Governance
The company has an Audit and Supervisory Committee structure. The Board of Directors comprises 7 members in total: 3 executive directors and 4 Audit and Supervisory Committee members (all outside directors). The ratio of outside directors on the Audit and Supervisory Committee is 100%. No Nomination Committee or Compensation Committee has been established. The Board of Directors met 28 times during the fiscal year under review.
Risk Management
The company has established a Compliance Committee (chaired by the head of the Administration Division) based on the "Risk Management Regulations" and "Compliance Regulations." It has set up an internal whistleblowing system with attorneys and the Administration Division serving as reporting contact points, and has also built an advisory framework with outside experts (attorneys, audit firms, tax accountants, etc.). Material doubt has arisen regarding the company's ability to continue as a going concern, and the company has received an audit report with a disclaimer of opinion from its accounting auditor.
Shareholder Returns
No dividends will continue in FY2026 (ending June 2026). The annual dividend forecast is ¥0.00. Amid material uncertainty regarding the going concern assumption, the company maintains its policy of prioritizing retained earnings. No mention of share buybacks or shareholder benefit programs.
Dividend Policy
The annual dividend for FY2025 (ended June 2025) was ¥0.00 (no dividend). The dividend forecast for FY2026 (ending June 2026) also calls for no dividend, with both the year-end and annual dividend forecast at ¥0.00. Given the material uncertainty regarding the going concern assumption, the company prioritizes strengthening retained earnings, with a policy of allocating funds toward stabilizing its financial base and financing new business development (such as the renewable energy business and the TikTok LIVE Livestreamer Management Business). There has been no revision to the dividend forecast.
ESG
The company positions human capital as priority capital, implementing measures such as telework and flex-time systems, reskilling allowances, promotion of paternity leave uptake, and health checkups. However, specific indicators and targets for ensuring diversity have not yet been established. There is no disclosure regarding climate change, and sustainability initiatives remain at the stage of a stated policy to be shared and promoted through the Board of Directors going forward.
Last updated: September 29, 2025