TORQ Inc.
8077・Standard Market・Wholesale Trade
Governance
Company with an Audit and Supervisory Committee (transitioned in January 2023). The Board of Directors comprises 8 members in total: 5 directors (2 of whom are outside directors) plus 3 Audit and Supervisory Committee members (2 of whom are outside directors). Representative Director and President Toshiyuki Higaki serves as chairman. No establishment of a Nomination Committee or Compensation Committee has been confirmed.
Risk Management
The Company has established risk management regulations, and the Management Committee, composed of the Representative Director and executive officers, conducts mutual monitoring and checks of business risks. The Compliance and Risk Management Committee (chaired by the Representative Director and President) is responsible for risk assessment and loss prevention, and reports important matters to the Board of Directors. Risks related to climate change and human capital are also discussed at the Board of Directors as appropriate.
Shareholder Returns
Basic policy is to maintain stable dividends, with distributions made twice a year (interim and year-end). The annual dividend for FY2026 (ending October 2026) is planned at ¥6 per share (interim ¥3 plus year-end ¥3), the same level as the previous fiscal year. Retirement of 2,000,000 treasury shares was carried out in March 2026.
Dividend Policy
The basic policy is to continue stable dividends, with distributions made twice a year: an interim dividend (record date: April 30 each year, resolved by the Board of Directors) and a year-end dividend (resolved at the Annual General Meeting of Shareholders). For FY2026 (ending October 2026), the interim dividend is planned at ¥3 per share (payment scheduled to commence July 13, 2026), and the year-end dividend is planned at ¥3 per share, for a total annual forecast of ¥6. The actual annual dividend for the previous fiscal year (FY2025, ended October 2025) was also ¥6 per share (interim ¥3 plus year-end ¥3). There has been no change to the dividend forecast (the figures announced on December 12, 2025 remain unchanged).
ESG
The company promotes human resource development (e-learning, skill-up incentive programs) and flexible working arrangements (telework, childcare leave: 100% uptake for women, 80% for men). On the environmental front, it is working on LED adoption, paperlessization, waste reduction, and other initiatives, but has assessed climate change risk as having no material impact on its business and has not yet established environmental indicators or targets. It has also not currently set numerical targets for the promotion of women or others to managerial positions.
Last updated: January 27, 2026