VALUE CREATION CO.,LTD.
9238・Growth Market・Services
Governance
Company with a Board of Corporate Auditors (5 directors, including 1 outside director). The Board of Directors meets at least once a month, and the company has established a Risk & Compliance Committee, a Management Committee, and an executive officer system. An Internal Audit Office (1 person) reports directly to the Representative Director, facilitating coordination among the three types of audits.
Risk Management
The Risk and Compliance Committee, chaired by the Representative Director and meeting four times a year, identifies and evaluates risks and reports to the Board of Directors. Following suspicions of fictitious circular transactions (the GP Inc. matter), a special investigation committee was established, and recurrence prevention measures—such as tightening deliverable disclosure requirements and strengthening verification of transaction substance—are being formulated and implemented.
Shareholder Returns
The dividend forecast for FY2027 (ending February 2027) is ¥0 per share (no dividend). In the previous fiscal year (FY2026, ended February 2026), the annual dividend was ¥2 (¥2 at the end of Q2, ¥0 at year-end). The company has continued to record operating losses and is currently in a state of negative net worth, and has adopted a no-dividend policy for the current fiscal year. There is no mention of any share buyback being implemented.
Dividend Policy
The dividend forecast for FY2027 (ending February 2027) is ¥0 per share (no dividend) on an annual basis. In the previous fiscal year (FY2026, ended February 2026), the actual annual dividend was ¥2 (¥2 at the end of Q2, ¥0 at year-end). The company has continued to record operating losses over past fiscal years, and as of the end of the first quarter of the current fiscal year, it was in a state of negative net worth of ¥65 million; accordingly, the company has adopted a policy of paying no dividend for the current fiscal year.
ESG
Sustainability governance is operated as an integral part of the corporate governance structure. The company positions human capital as a key priority and has introduced recruitment and evaluation systems that do not discriminate based on gender, nationality, or other factors, along with a flextime system, although specific indicators and targets have not yet been established. No disclosure regarding climate change is provided.
Last updated: July 17, 2026