TOSHIN HOLDINGS CO.,LTD
9444・Standard Market・Information & Communication
Governance
A company with a board of statutory auditors, comprising 7 directors (2 outside) and 4 statutory auditors (3 outside). In its Annual Securities Report, the company itself acknowledged dysfunction in the Board of Directors, internal audits, and statutory auditor audits, and two instances of improper accounting were discovered at its subsidiary Toshin Mobile, leading to the establishment of a third-party committee. No nomination committee or compensation committee has been confirmed to exist.
Risk Management
The company acknowledges that its previously established Toshin Risk Management Committee had not been functioning effectively. It plans to newly establish a Risk & Compliance Committee, transitioning to a structure that will convene once every two months. The scope of audits conducted by the Internal Audit Office (2 members) is limited, and the third-party committee has also pointed out deficiencies in internal audit practices.
Shareholder Returns
No dividend for FY ending April 2026. On May 8, 2026, the company received a decision commencing corporate reorganization proceedings and became a reorganizing company; under Article 45, Paragraph 1, Item 4 of the Corporate Reorganization Act, dividends cannot be paid except as provided in the reorganization plan. No dividend is planned for the fiscal year ending May 8, 2026 either.
Dividend Policy
For the fiscal year ended April 2025, a dividend of ¥10 per share (year-end only) was paid. No dividend for the fiscal year ending April 2026. As the company received a decision commencing corporate reorganization proceedings on May 8, 2026 and became a reorganizing company, dividends of surplus can only be paid in accordance with the reorganization plan pursuant to Article 45, Paragraph 1, Item 4 of the Corporate Reorganization Act. The trustee does not plan to provide for dividends of surplus in the reorganization plan for the fiscal year ending May 8, 2026, and no dividend is expected for that period.
ESG
No dedicated ESG/sustainability disclosures were identified. The company has 213 consolidated employees (including 101 temporary employees), with the filing company's average annual salary at ¥3,824,729 and average age of 30.1 years. There is no labor union, but labor-management relations are described as amicable. No quantitative targets or disclosures related to climate change or the environment are provided.
Last updated: November 18, 2025