Nittetsu Mining Co., Ltd.

Governance

As a company with an Audit and Supervisory Committee, the Board of Directors, composed of 9 directors (4 outside directors), meets at least once a month, and a Nomination and Compensation Committee chaired by an outside director has been established to strengthen the transparency and oversight function of governance.

Risk Management

The company has established a framework centered on the Sustainability Committee to identify, assess, and manage risks and opportunities including climate change and human capital, conducting routine risk identification at each department as well as group-wide internal audits by the internal audit team.

Shareholder Returns

Annual dividends for FY2026 (ending March 2026) reflect the effect of a stock split (1-for-5, effective October 2025): interim dividend of ¥117 and year-end dividend of ¥48 (equivalent to a total of ¥165), with total dividends of ¥5,623 million and a payout ratio of 40.0%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥62 (¥31 interim and ¥31 year-end), with a payout ratio of 40.7%. The company also conducted a share buyback during the current fiscal year (acquisition amount of ¥1 million).

ESG

As part of its climate change response, the company has set a target of reducing domestic energy-derived CO₂ emissions by at least 38% by FY2030 compared to FY2013 levels (FY2025 actual: approximately 27% reduction), and aims for carbon neutrality by FY2050, having introduced an internal carbon price of ¥20,000 per t-CO₂. Regarding human capital, it has set diversity indicators such as a target of at least 5% for the ratio of female managers (FY2030 target, currently 2.6%), and is promoting the development of specialized and global talent as well as the establishment of flexible working arrangements.

Board Members