Komori
Governance3682Encourage Technologies Co.,Ltd.Information and Communications, Services and Others

Corporate Governance Report 2026/06/23

The company outlined a management policy that takes capital costs and its share price into account, and newly introduced a guideline for DOE in its dividend policy. It is also reviewing its ROE target for the fiscal year ending March 2027, taking into account past performance and other factors.

Worth reading
80Important
Scored from 1 of 5 sections
Direction
Mixed performance
Direction inferred from the company’s description.
Scale
5
% (DOE guideline)
Wording
Conditional
How definitive the wording is.

Contents of this filing

Changes this time

The company introduced the dividend on equity (DOE) metric and changed its dividend policy to target a payout ratio of at least 33.3% and DOE of approximately 5%. The 10% ROE target for the fiscal year ending March 2027 is under review.

この書類は、機関設計や取締役会の構成そのものは述べていません。上に示したのは、この書類が述べている変更点です。

Contents of this filing
ItemDetails
Changes this timeThe company introduced the dividend on equity (DOE) metric and changed its dividend policy to target a payout ratio of at least 33.3% and DOE of approximately 5%. The 10% ROE target for the fiscal year ending March 2027 is under review.
Items this document does not state (7)
Corporate Governance StructureNumber of directorsNumber of independent officersCommitteePolicy on cross-shareholdingsTakeover defensesControlling shareholder

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

To clarify the policy of providing stable dividends to shareholders with long-term holdings and establish a dividend policy that is less susceptible to short-term fluctuations in profit.

How to read this page

This is not the documentKomori reads the disclosure the company filed and writes this summary. Figures are as stated by the company and are not audited.
Weight is not a verdictIt measures how much this changes what the company had already told the market. It is not a view on the shares.
Corrections happenIf the company reissues this disclosure, the page is rebuilt from the corrected version and the revision number moves up.
Corporate Governance Report 2026/06/23 | Encourage Technologies Co.,Ltd. (3682) timely disclosure | Komori