TOA CORPORATION
1885・Prime Market・Construction
Governance
Company with Audit and Supervisory Committee (transitioned in 2019). The Board of Directors comprises 9 members in total, including 5 outside directors, forming a monitoring-model structure in which outside officers hold a majority. A voluntary Nomination and Compensation Committee has been established, chaired by an outside director.
Risk Management
The Sustainability Committee (formerly the ESG Committee) oversees company-wide risk management, having established a three-lines-of-defense risk management framework consisting of the first line (each responsible department), the second line (Risk Management Subcommittee), and the third line (Internal Audit Office). Deliberation results are reported to the Board of Directors.
Shareholder Returns
The company targets a payout ratio of 40% or more. For FY2026 (ending March 2026), the annual dividend is ¥100, comprising an ordinary dividend of ¥77 plus a special dividend of ¥23 (total dividends of ¥8,132 million, payout ratio of 40.3%). For FY2027 (ending March 2027), an annual dividend of ¥77 is planned. Share buybacks are also conducted flexibly.
Dividend Policy
The company aims for a consolidated payout ratio of 40% or more, with a policy of ensuring stable dividends while providing enhanced shareholder returns when profits improve. For FY2026 (ending March 2026), the interim dividend is ¥38 and the year-end dividend is ¥62 (ordinary dividend of ¥39 plus special dividend of ¥23), for an annual total of ¥100 (total dividends of ¥8,132 million, payout ratio of 40.3%). For FY2027 (ending March 2027), an interim dividend of ¥38.5 and a year-end dividend of ¥38.5 are planned, for an annual total of ¥77 (payout ratio expected to be 41.1%). Share buybacks will be conducted flexibly as part of shareholder returns, taking into account the future business environment and financial condition.
ESG
The company has set three key material themes—climate change (TCFD disclosure, SBT certification, target of reducing Scope 1+2 emissions by 25% or more by FY2030), occupational health and safety (target of zero serious accidents), and human capital (promoting DE&I, target of 25 female managers by FY2030, male childcare leave uptake rate of 97.4%)—with the Sustainability Committee overseeing progress.
Last updated: June 19, 2026