ICHIKEN Co., Ltd.
1847・Standard Market・Construction
Governance
The company operates as a company with an audit and supervisory committee, with a board of 11 directors (including 6 outside directors). It has established a voluntary nomination and compensation committee (with independent outside directors comprising a majority) as well as a risk management committee and governance subcommittee, and has also introduced an executive officer system to separate supervisory and executive functions.
Risk Management
Under the Risk Management Committee, chaired by the President and Representative Director, cross-functional specialized subcommittees have been established, namely the Environment Subcommittee, Social Issues Subcommittee, and Governance Subcommittee. The Business Audit Office, reporting directly to the President and Representative Director, conducts internal audits and coordinates with the Audit and Supervisory Committee to ensure the effectiveness of internal controls.
Shareholder Returns
The basic policy is semi-annual dividends (interim and year-end). For FY2026 (ending March 2026), the dividend is ¥230 per share (interim ¥65 + year-end ¥165), with a payout ratio of 26.1%. The new medium-term management plan targets a payout ratio of approximately 40% or DOE of approximately 4%. The forecast for FY2027 (ending March 2027) is ¥125 (post stock split).
Dividend Policy
The basic policy is semi-annual dividends, consisting of an interim dividend and a year-end dividend. For FY2026 (ending March 2026), the dividend is ¥230 per share (interim ¥65 + year-end ¥165, with the year-end dividend including an ordinary dividend of ¥80 plus a commemorative dividend of ¥10, reflecting an increase based on the previous fiscal year's results), with a payout ratio of 26.1% and a net asset dividend ratio (DOE) of 4.5%. The forecast for FY2027 (ending March 2027) is ¥125 (based on the stock split effective April 1, 2026, consisting of interim ¥35 + year-end ¥90), with a projected payout ratio of 32.4%. The medium-term management plan (2026–2028) sets a target payout ratio of approximately 40% or DOE of approximately 4%. The long-term management plan "Vision 2035" sets a target payout ratio of approximately 40% to 45%.
ESG
The company has established ESG materiality items, with progress managed by the Risk Management Committee. On the environmental side, in line with its endorsement of TCFD, it is working on Scope 1 and 2 CO₂ reduction and promoting ZEB (net-zero energy buildings). On the human capital side, it is advancing DX promotion and improved treatment of employees, centered on four pillars: employee development, strengthening recruitment, preventing turnover, and improving job satisfaction.
Last updated: June 18, 2026