Starts Publishing Corporation
7849・Standard Market・Information & Communication
Governance
The company has a Board of Corporate Auditors. The Board of Directors comprises 5 directors (1 outside director, 20% outside ratio), and the Board of Corporate Auditors comprises 4 corporate auditors (2 outside corporate auditors). The Board of Directors held 17 meetings during the fiscal year under review, with all directors attending every meeting. Neither a nomination committee nor a compensation committee has been established.
Risk Management
The Board of Directors holds responsibility and authority for building the risk management framework, and the Administration Department works together with the Risk Management Department of the parent company, Starts Corporation, to identify and evaluate risks and to formulate and implement response plans. Risks such as compliance, information security, and the exclusion of anti-social forces are each addressed by the responsible department through the development of rules, training, and manuals, and a framework is in place whereby progress is reported to the Board of Directors and other bodies as appropriate.
Shareholder Returns
Basic policy of paying dividends twice a year (interim and year-end), with a target payout ratio of 30%. Actual dividends for FY2025 (ending December 2025) were ¥120 per share annually (¥40 interim + ¥80 year-end), and the forecast for FY2026 (ending December 2026) is an increased annual dividend of ¥130 (¥50 interim + ¥80 year-end). Treasury stock acquisition (37,000 shares) was carried out in connection with the introduction of an ESOP trust.
Dividend Policy
The company aims for a payout ratio of 30% in line with sustainable profit growth, with a basic policy of paying continuous and stable dividends. Dividends of surplus are paid twice a year in principle, at the interim and year-end, with the decision-making body being the Board of Directors. The dividend forecast for FY2026 (ending December 2026) is ¥50 interim and ¥80 year-end, for an annual total of ¥130 (an increase of ¥10 year on year).
ESG
Sustainability policy is determined by the Board of Directors, with the Administration Department responsible for monitoring. In its human capital strategy, the company promotes flexible career development through a
Last updated: March 23, 2026