SUMIKEN MITSUI ROAD CO.,LTD.
1776・Standard Market・Construction
Governance
Transitioned to a company with an Audit and Supervisory Committee in June 2024. The Board of Directors comprises 9 members, including 3 outside directors (outside director ratio of 33.3%), and has introduced an executive officer system to separate decision-making and oversight functions. A Nomination and Compensation Committee has been established as an advisory body to the Board of Directors, ensuring transparency and fairness in officer appointments and compensation.
Risk Management
Climate change risk is positioned as a material management risk and is being appropriately managed. Human rights risk has been identified and assessed through human rights due diligence initiated in February 2022, with a management system covering the entire supply chain currently being built. An Internal Control Committee has been established to monitor the development and operational status of the internal control system and report to the Board of Directors.
Shareholder Returns
For FY2026 (ending March 2026), the year-end dividend is omitted (¥0). This measure reflects the tender offer by Sumitomo Mitsui Construction, with total dividends of ¥0 million. The previous period's dividend was ¥40 (¥371 million). As the shares are scheduled to be delisted on May 29, 2026, no dividend forecast for FY2027 (ending March 2027) has been disclosed.
Dividend Policy
As announced on March 9, 2026, in light of the tender offer by the parent company, Sumitomo Mitsui Construction Co., Ltd., the Company has decided not to pay a year-end dividend for FY2026 (ending March 2026) (annual dividend of ¥0, total dividends of ¥0 million). As the Company's shares are scheduled to be delisted on May 29, 2026, following the share cash-out request by Sumitomo Mitsui Construction, no dividend forecast for FY2027 (ending March 2027) has been provided.
ESG
The company has set a target of carbon neutrality by 2050, aiming to reduce Scope 1 and 2 GHG emissions by 42% by FY2030 (compared to FY2023) and Scope 3 emissions by 25% over the same period. Human rights due diligence began in February 2022, with efforts underway to extend it across the entire supply chain. On the human capital front, the company has set targets of a 10% ratio of female managers and a 100% rate of paternity leave uptake among male employees (both targeted for March 2028), but actual results for the fiscal year under review stood at only 0.0% and 66.7%, respectively.
Last updated: June 27, 2025