STARTS CORPORATION INC.
8850・Prime Market・Real Estate
Governance
As a company with a board of auditors, the company is composed of 12 directors (2 outside) and 3 auditors (2 outside). The outside director ratio stands at a low level of approximately 16.7%, and no nomination committee or compensation committee has been established. The Board of Directors meets 13 times per year and has established a system in which ESG issues are reported to the Board of Directors through the Sustainability Committee.
Risk Management
The Risk Management Department works with group companies to identify and evaluate risks and formulate response plans, while the Compliance Committee and Internal Audit Office collaborate to build a system for comprehensively managing risks across the group. Climate-related risks are also managed by the Sustainability Committee based on the TCFD framework, with appropriate reporting to the Board of Directors.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥140 per share (interim ¥65 + year-end ¥75), an increase of ¥20 year-on-year. Payout ratio is 26.6%, and the ratio to net assets is 3.7%. For FY2027 (ending March 2027), an annual dividend of ¥150 (interim ¥75 + year-end ¥75) is forecast. Share buybacks are also being continued (¥4,099 million in the current fiscal year).
Dividend Policy
The company strives to maintain sufficient internal reserves necessary for future business development and strengthening its management foundation, while aiming to improve the payout ratio and implement continuous and stable dividends. For FY2026 (ending March 2026), an annual dividend of ¥140 per share (interim ¥65 + year-end ¥75) was implemented (an increase of ¥20 year-on-year). The forecast for FY2027 (ending March 2027) is an annual dividend of ¥150 (interim ¥75 + year-end ¥75), with a forecast payout ratio of 27.3%.
ESG
The company conducted a climate-related risk and opportunity analysis based on the TCFD framework, setting targets of a 42% reduction in Scope 1 and 2 CO2 emissions by FY2030 (compared to FY2023) and net zero by FY2050. In terms of human capital, the company discloses quantitative indicators such as a male childcare leave uptake rate of 77.1% (achieving the 75% target) and average monthly overtime hours of 20.9 hours, and has also introduced a trust-type employee stock ownership incentive plan.
Last updated: June 25, 2026