Japan Communications Inc.
9424・Prime Market・Information & Communication
Governance
Despite being a company with a Board of Corporate Auditors, outside directors hold a majority of the Board of Directors seats (5 of 8), and all four corporate auditors are outside auditors, ensuring a highly independent governance structure. Business execution is managed through three meeting bodies—MB, EO, and CO—and an audit framework is in place in which the Internal Audit Office, corporate auditors, and the accounting auditor coordinate with one another.
Risk Management
The Company has established Risk Management Regulations, with deliberation and policy decisions on material matters conducted at EO and CO meetings. Meetings attended by executive directors and executive officers, including the Representative Director and President, are held nearly every week to confirm issues such as network operations, and a system has been established whereby the Internal Audit Office audits the day-to-day risk management status of each department and reports to the Representative Director.
Shareholder Returns
Annual dividend forecast is ¥0.00 for both FY2026 (ending March 2026) and FY2027 (ending March 2027). The company continues its no-dividend policy, prioritizing reinvestment in growth investments. Share buybacks will be conducted flexibly when the Board of Directors judges it necessary.
Dividend Policy
The annual dividend for FY2026 (ending March 2026) is ¥0.00 (¥0.00 at both the second-quarter end and fiscal year-end). The forecast for FY2027 (ending March 2027) is also ¥0.00. As the company is in a growth phase of developing new markets, its policy is to reinvest as much of the profit generated from business activities as possible. At least at this stage, there is no plan to pay dividends from retained earnings. Regarding share buybacks, the company will implement them appropriately when the Board of Directors judges it necessary, taking into account financial conditions, stock price trends, and other factors.
ESG
Under the mission of "carrying bits safely and securely," the company promotes social contribution through reasonable communication fees and the provision of secure digital IDs. It is working on investment in human capital, ensuring workforce diversity, developing business continuity plans (BCP), and engaging in fair trade with business partners. Average monthly overtime hours have been reduced by 31% (to 7.76 hours) compared to FY2023 (ended March 2023), although no specific quantitative sustainability-related targets have been set.
Last updated: June 18, 2026