TOA ROAD CORPORATION
1882・Prime Market・Construction
Governance
Company with a Board of Corporate Auditors. Comprises 6 directors (3 outside) and 3 corporate auditors (2 outside), with 24 executive officers responsible for business execution. A voluntary Nomination and Compensation Committee, chaired by an independent outside director, has been established. The Board of Directors met 19 times during the fiscal year under review, with all directors attending every meeting.
Risk Management
An Internal Control Committee chaired by the Representative Director and President serves as the core body, updating the Basic Risk Management Plan annually. Risk countermeasures are implemented across eight areas—legal compliance violations, harassment, excessive working hours, human rights, products and services, business partner credit risk, health and safety, and the environment—with the Compliance Committee, J-SOX Committee, and CSR Promotion Department working together to advance internal controls.
Shareholder Returns
For FY2026 (ending March 2026), the dividend per share is ¥90 (interim ¥45, year-end ¥45; total ¥4,158 million), with a payout ratio of 121.2%. A dividend of ¥90 per share is also forecast for FY2027 (ending March 2027) (payout ratio 99.0%). Share buybacks of ¥520 million were carried out.
Dividend Policy
For FY2026 (ending March 2026), the annual dividend per share is ¥90 (¥45 at the second-quarter end, ¥45 at year-end), with total dividends of ¥4,158 million, a payout ratio of 121.2%, and a dividend-on-equity ratio of 7.6%. In FY2025 (ended March 2025), the dividend was a single year-end payment of ¥90 (total ¥4,165 million, payout ratio 100.9%), but from FY2026 (ending March 2026) the company has switched to a semiannual dividend consisting of an interim and a year-end payment. For FY2027 (ending March 2027), a dividend of ¥90 per share (¥45 at the second-quarter end, ¥45 at year-end) is also forecast, with an expected payout ratio of 99.0%.
ESG
The company has established a Sustainability Committee chaired by the President and Representative Director, focusing on climate change, human capital, and biodiversity as priority issues. CO₂ emissions (Scope 1+2) reached 62,895 t-CO₂ in FY2025, a 31.4% reduction from FY2013 levels, with a target of a 50% reduction (45,843 t-CO₂) by FY2030. In terms of human capital, the company discloses an engagement score of 53.7 for FY2025 (with a target of 58.0 for FY2026) and a male childcare leave uptake rate of 40.0%.
Last updated: July 10, 2026