WATANABE SATO CO., LTD.
1807・Standard Market・Construction
Governance
Company with a Board of Corporate Auditors structure (6 directors, of which 2 are outside directors). The Board of Directors met 13 times per year, with all members maintaining a high attendance rate. The company has established a Management Council, an Audit Office, and an internal whistleblowing hotline, and set up a Sustainability Committee directly under the Management Council in August 2024.
Risk Management
When a material risk arises, it is centrally managed by the Management Committee under the President and Representative Director. The Sustainability Committee evaluates company-wide risks, including climate change, on a nine-level scale based on "degree of impact" and "urgency," and a framework has been established to submit proposals and report to the Board of Directors at least once a year.
Shareholder Returns
For FY2026 (ending March 2026), the annual dividend is ¥80 per share (interim ¥40, year-end ¥40), with total dividends of ¥499 million and a payout ratio of 56.5%. The same annual dividend of ¥80 is forecast for FY2027 (ending March 2027). Treasury shares are utilized as restricted stock compensation.
Dividend Policy
The basic policy is to maintain a stable dividend while giving consideration to the payout ratio in line with business performance, with dividends paid twice a year through an interim dividend and a year-end dividend. For FY2026 (ending March 2026), an annual dividend of ¥80 per share (interim ¥40, year-end ¥40) was implemented, with total dividends of ¥499 million, a payout ratio of 56.5%, and a dividend-to-net-assets ratio of 2.3%. The forecast for FY2027 (ending March 2027) is to maintain the annual dividend of ¥80 (interim ¥40, year-end ¥40). Treasury shares are utilized as restricted stock compensation, with 15,404 shares disposed of as of July 25, 2025.
ESG
Conducted TCFD-based scenario analysis for 1.5°C and 4°C scenarios, targeting a reduction of Scope 1+2 emissions by 46% or more versus FY2013 levels by FY2030 (SBT targets submitted). Scope 1+2 emissions for FY2025 totaled 13,747 t-CO2e. In terms of human capital, the company disclosed efforts to improve employee engagement, promote diversity, and a male childcare leave uptake rate of 28.6%, among other initiatives.
Last updated: June 24, 2026