KADOKAWA CORPORATION
9468・Prime Market・Information & Communication
Governance
As a company with a Nomination Committee, etc., the Board of Directors consists of 12 directors (5 internal, 7 outside; outside ratio 58.3%), with independent outside directors serving as Chairman of the Board and chairs of all three committees. During the fiscal year under review, the Board of Directors met 16 times, and matters such as business structure reform, M&A approvals, formulation of a human rights policy, and establishment of a policy to reduce cross-shareholdings were carried out.
Risk Management
The company has established a Risk Management Committee (meeting twice a year) chaired by the President and Executive Officer based on its Risk Management Regulations, and has built a framework to conduct a semi-annual inventory and reassessment of company-wide risks—including internal factors and external factors such as climate change and infectious diseases—and report to the Board of Directors. For information security, the company has established an Information Security Subcommittee that meets monthly, along with a 24/7, 365-day monitoring system operated by an SOC (Security Operations Center).
Shareholder Returns
The company maintains a policy of an annual dividend of ¥30 per share as a stable base, targeting a payout ratio of 30% or more. For FY2026 (ending March 2026), total dividends amounted to ¥4,462 million (¥30 per share), with a payout ratio of 344.5%. A dividend of ¥30 per share is also planned for FY2027 (ending March 2027). The company also carried out share buybacks (¥2,936 million) during the fiscal year.
Dividend Policy
The company implements shareholder returns based on an annual dividend of ¥30 per share, targeting a payout ratio of 30% or more, including profit distribution linked to consolidated business performance. Dividends of surplus are basically paid once a year (at fiscal year-end), with the possibility of an interim dividend subject to a resolution of the Board of Directors. For FY2026 (ending March 2026), the dividend was ¥30 per share (total dividends of ¥4,462 million, payout ratio of 344.5%). A dividend of ¥30 per share is also planned for FY2027 (ending March 2027). As a medium- to long-term target, the company aims for a total return ratio of 50% or more.
ESG
The company has established five materiality themes (IP creation, human capital, education, publishing DX/climate change, and governance). GHG emissions (Scope 1+2) were reduced by approximately 40% in FY2024 compared to FY2020, with a target of a 50% reduction by FY2030 and net zero by 2050. In terms of human capital, the company discloses a female manager ratio of 22.9% (targeting 30% by FY2030) and a male childcare leave utilization rate of 67.3%, and also conducts climate-related information disclosure in line with the TCFD recommendations.
Last updated: June 23, 2026