DAI-ICHI CUTTER KOGYO K.K.
1716・Standard Market・Construction
Governance
Company with a Board of Corporate Auditors (Board of Directors comprises 7 members, of whom 4 are outside directors). A Nomination and Compensation Advisory Committee, more than half of whose members are independent outside directors, has been established as an advisory body to the Board of Directors. The Board of Corporate Auditors is composed of 3 outside auditors, and a three-way audit structure has been established in coordination with the Internal Audit Office and the accounting auditor.
Risk Management
The Risk Management Committee is responsible for enterprise-wide risk management and coordinates with the Sustainability Committee to identify and assess sustainability-related risks. Material risks are reported to and overseen by the Board of Directors following deliberation at the Management Meeting. The company has established compliance management regulations, risk management regulations, and other rules, and the Internal Audit Office conducts risk-based audits. Following the discovery of improper diversion of funds at a consolidated subsidiary in 2021, the company continues to work on fostering a compliance culture and rebuilding governance.
Shareholder Returns
For FY2026 (ending June 2026), the company forecasts an annual dividend of ¥40 per share (paid entirely at fiscal year-end). Cumulative net profit through Q3 rose 49.4% year-on-year to ¥1,529 million, tracking well against the full-year forecast. Based on the full-year forecast of earnings per share of ¥146.07, the implied dividend payout ratio is approximately 27.4%. No mention is made of share buybacks.
Dividend Policy
The annual dividend forecast for FY2026 (ending June 2026) is ¥40 per share (year-end dividend only). Actual results for the previous period (FY2025, ended June 2025) were also ¥40 per share (¥0 at Q2 end, ¥40 at fiscal year-end). Against the full-year earnings forecast of ¥146.07 per share, the implied payout ratio is approximately 27.4%. Details of the dividend policy are not included in this earnings report.
ESG
The company has established a Sustainability Committee chaired by the President and Representative Director, promoting climate change response (CO₂ emissions reduction, electric vehicle introduction, consideration of solar power generation) and strengthening human capital (safety and technical training, work-life balance projects, complete two-day weekend system, regular base pay increases, etc.). There is a track record of appointing female officers and female managers (female manager ratio: 4.35%). Quantitative targets for human resource development have not yet been established at this time.
Last updated: September 29, 2025