f-code Inc.
9211・Growth Market・Services
Governance
Company with an Audit and Supervisory Committee (transitioned in March 2024). Composed of 4 outside directors (all members of the Audit and Supervisory Committee) out of 8 directors in total. No nomination committee or compensation committee has been confirmed to be established; the Risk Management Committee and Compliance Committee are held quarterly.
Risk Management
The company has established Risk Management Regulations and Compliance Regulations, and holds Risk Management Committee and Compliance Committee meetings once every quarter. The Internal Audit Office (reporting directly to the Representative Director) works in coordination with the Audit and Supervisory Committee and the accounting auditor to build a company-wide risk management framework covering information security, personal data protection, and ensuring the appropriateness of financial reporting.
Shareholder Returns
Annual dividends are ¥0 (no dividend) for both FY2025 (ending December 2025) and FY2026 (ending December 2026). The company continues to prioritize growth investment and building up retained earnings, with no plans to pay dividends. There is no record of share buyback activity.
Dividend Policy
The annual dividend for FY2025 (ending December 2025) is ¥0 (¥0 at second-quarter end, ¥0 at year-end). The forecast for FY2026 (ending December 2026) is also an annual dividend of ¥0 (¥0 at second-quarter end, ¥0 at year-end). There is no revision from the most recently announced dividend forecast. As the company is in a growth phase, it continues to forgo dividends in order to prioritize building up retained earnings.
ESG
Sustainability promotion is led by the Corporate Management Division. The company positions human resources as its most important management resource, and works on recruiting, developing, and building an internal environment for diverse talent. Its consolidated subsidiary discloses a 33.3% ratio of women in managerial positions and a 50.0% rate of male employees taking childcare leave. However, there is no disclosure regarding climate change response, and quantitative indicators and targets related to human resources have not yet been set, remaining at the consideration stage going forward.
Last updated: March 30, 2026