COSMOS INITIA Co.,Ltd.
8844・Standard Market・Real Estate
Governance
Company with an Audit and Supervisory Committee. The Board of Directors consists of 12 members in total: 9 directors (excluding Audit and Supervisory Committee members) and 3 Audit and Supervisory Committee members, of which 7 are outside directors (including 4 independent outside directors). A Nomination and Compensation Committee has been established to deliberate on matters such as director nominations and compensation.
Risk Management
The Group Risk Management Committee, chaired by the President and Representative Director, meets 12 times a year to identify, evaluate, and formulate countermeasures for risks across each business division and subsidiary. The company has established a multi-layered risk management framework, including the development of risk management regulations, cybersecurity measures, and the implementation of stress tests.
Shareholder Returns
The basic policy is to continue stable dividends, and for FY2026 (ending March 2026), a year-end dividend increase will be implemented, bringing the annual dividend to ¥48 (an increase of ¥18 year-on-year), with a payout ratio of 19.8%. For FY2027 (ending March 2027), a payout ratio of 25% is planned, corresponding to an annual dividend of ¥53. Under the Medium-Term Management Plan 2028, the company has set a payout ratio target of 30% for the final year (FY2029, ending March 2029), with a policy of gradually raising the payout ratio.
Dividend Policy
The basic policy is to continue stable dividends while giving consideration to returning profits to shareholders and building up the internal reserves necessary for continuous growth. For FY2026 (ending March 2026), the year-end dividend will be increased from ¥33 to ¥37, bringing the annual dividend per share to ¥48 (interim ¥11, year-end ¥37), total dividends of ¥1,626 million, and a consolidated payout ratio of 19.8%. For FY2027 (ending March 2027), a payout ratio of 25% is planned, corresponding to an annual dividend of ¥53 (interim ¥16, year-end ¥37). Under the Medium-Term Management Plan 2028, the company has set a payout ratio target of 30% for the final year (FY2029, ending March 2029), with a policy of gradually raising the payout ratio.
ESG
In terms of the environment, the company has set targets of achieving ZEH-M Oriented status for all newly built condominiums and a 100% adoption rate for low-carbon certified housing. In terms of human capital, it targets a 30% ratio of female managers and a 100% return-to-work rate after childcare leave by the end of FY2029. The Sustainability Promotion Office manages KPIs by materiality under the oversight of the Board of Directors, and also works on next-generation development, disaster prevention, and community building.
Last updated: June 17, 2026