OKUMURA CORPORATION
1833・Prime Market・Construction
Governance
The company operates as a company with an audit and supervisory committee, with a board of 13 directors, including 5 independent outside directors (approximately 38%). It has established a voluntary nomination and compensation committee chaired by an independent outside director, ensuring objectivity and transparency in the nomination and compensation processes.
Risk Management
The ESG/SDGs Promotion Committee identifies and evaluates materiality, while the Compliance Office periodically reviews and verifies business risks, establishing a management framework. The company implements risk management on both the legal compliance and business continuity fronts, including continuous improvement of its BCP and the establishment of a special committee for bid-rigging prevention.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥297 per share (interim ¥110 + year-end ¥187), with a payout ratio of 58.5% (70.2% excluding special factors). The forecast for FY2027 (ending March 2027) is an annual dividend of ¥300 (interim ¥150 + year-end ¥150), with a payout ratio of 70.4%. During the medium-term management plan period, the policy is a consolidated payout ratio of 70% or more and a DOE floor of 2.0%, with share buybacks also to be conducted flexibly.
Dividend Policy
On the premise of continuing stable dividends, the company distributes returns in line with performance and flexibly conducts share buybacks. As policy during the medium-term management plan period (FY2025-FY2027), the consolidated payout ratio (excluding the impact of foreign exchange forward valuation gains/losses, a one-time special factor) is targeted at 70% or more, with DOE set at a floor of 2.0% regardless of business performance. Dividends are paid twice a year, as an interim dividend and a year-end dividend.
ESG
The company conducted scenario analysis based on TCFD (below 2°C and 4°C scenarios) and obtained SBT certification in January 2023. As FY2030 targets, it has set a 25% reduction in Scope 1+2 emissions and a 13% reduction in Scope 3 emissions versus FY2020 levels, and is promoting decarbonization, human capital development, and diversity initiatives—including a ZEB proposal ratio target of 50% or more (FY2027 target) and utilization of renewable energy—in an integrated manner with its medium-term management plan.
Last updated: June 19, 2026