FCE Inc.
9564・Standard Market・Services
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 7 members in total, 4 internal and 3 outside directors (Shimbo Masaki, Tsuda Akira, and Shibano Sukeo), giving an outside director ratio of approximately 42.9%. A voluntary Nomination and Compensation Advisory Committee (comprising 2 outside directors and the Representative Director) was established in February 2022 to enhance transparency in nominations and compensation. The Board of Directors met 18 times during the fiscal year under review, with nearly full attendance by all members.
Risk Management
Based on the Compliance Regulations and Risk Management Regulations, the Compliance Committee (held quarterly) oversees company-wide risk management. The Company strives for early detection and prevention of risks by collecting information from group companies, and has established a system to receive advice from external experts such as lawyers as needed. The Internal Audit Office (3 members), reporting directly to the President and Representative Director, continuously audits the entire group and reports the results to the Board of Directors and the Board of Corporate Auditors, establishing a three-way audit collaboration system.
Shareholder Returns
Basic policy is to pay dividends twice a year (interim and year-end) with a target payout ratio of approximately 25%. The year-end dividend for FY2025 (ending September 2025) was ¥7.50 per share (total ¥165 million). For FY2026 (ending September 2026), a year-end dividend of ¥10.00 (total annual dividend of ¥10.00) is forecast. No mention of share buybacks.
Dividend Policy
While maintaining and improving a sound financial structure, the company pays dividends to shareholders with a target payout ratio of approximately 25%, taking into account profit levels, capital expenditures, free cash flow trends, and other factors. The basic policy is to pay dividends twice a year, an interim dividend and a year-end dividend, with dividends of surplus determined by resolution of the Board of Directors. For FY2026 (ending September 2026), the interim dividend is ¥0 and the year-end dividend forecast is ¥10.00 (total annual dividend of ¥10.00). Retained earnings are utilized for investments aimed at enhancing corporate value, among other purposes.
ESG
Promoting sustainability initiatives centered on human capital. Under the theme of "turning all employees into consultants," the company has standardized and systematized talent development, and has been named a Best Company in the Great Place to Work® "Best Workplaces Ranking" for 13 consecutive years. The company discloses achievements such as a 15.4% ratio of female managers and a 100% return rate for male employees after taking childcare leave, but has not yet set quantitative indicators or targets. No specific disclosure on climate change was found in the annual securities report.
Last updated: December 25, 2025