MicroAd, Inc.
9553・Growth Market・Services
Governance
The company has an Audit and Supervisory Committee structure. The Board of Directors consists of 6 members in total: 3 internal directors and 3 Audit and Supervisory Committee members (all outside directors). It has established an executive officer system, a standing officers' council, a risk management committee, and a compliance committee to separate oversight from execution. Related-party transactions with CyberAgent, the largest shareholder, are strictly managed based on the "Related-Party Transaction Management Regulations" to ensure the protection of minority shareholders.
Risk Management
Established the "Risk Management Regulations" and holds a Risk Management Committee meeting once per half-year, composed of executive officers and full-time Audit & Supervisory Committee members. The company conducts risk identification, evaluation, and formulation of countermeasures, utilizing advice from external experts such as lawyers and certified public accountants as necessary. It has also established a Compliance Committee (meeting monthly), an internal whistleblowing system, Information Security Regulations, and Personal Information Protection Regulations, and is working on privacy protection and ad fraud countermeasures (having obtained JICDAQ certification).
Shareholder Returns
Both the interim and full-year dividend forecasts for FY2026 (ending September 2026) are ¥0, continuing the no-dividend policy. The company maintains a policy of retaining earnings internally to prioritize growth investment. The number of treasury shares decreased during the current interim period (from 488,767 shares to 291,595 shares), suggesting a disposal of treasury shares took place.
Dividend Policy
Annual dividends for both FY2025 (ending September 2025) and FY2026 (ending September 2026) are ¥0 (no dividend). The year-end dividend forecast for FY2026 (ending September 2026) is also ¥0. As the company is in a growth phase, it prioritizes retaining earnings internally to allocate toward personnel recruitment and training costs and service development costs. The company will consider profit distribution in the future taking into account its financial position, business performance, and cash flows, but the possibility and timing of implementing dividends remain undetermined at this time.
ESG
The Board of Directors oversees sustainability management. Human capital is positioned as a key strategy, with a target female manager ratio of 20% or higher achieved at an actual rate of 24.4% (19 people). The company has established diverse work arrangements (remote work, allowance for residing outside metropolitan areas), maternity/childcare leave support, and an employee stock ownership plan. No quantitative disclosures regarding climate change were provided.
Last updated: December 26, 2025