JDC CORPORATION
1887・Prime Market・Construction
Governance
Company with an Audit and Supervisory Committee. The Board of Directors comprises nine members (five of whom are outside directors, all serving as independent officers), with an executive officer system in place to separate oversight from execution. A voluntary nomination and compensation committee has been established, in which outside directors constitute a majority and the chair is also an outside director, ensuring transparency and independence. During the fiscal year under review, the Board of Directors met 15 times, with a 100% attendance rate among all directors.
Risk Management
Based on the Risk Management Regulations, the Sustainability Management Headquarters takes the lead in collaborating with each business division to comprehensively identify, assess, and evaluate risks and opportunities. The Internal Control Promotion Office, which reports directly to the President, oversees internal audits, compliance, and company-wide risk management, and a Review Committee has been established to prevent order-related risks. A system has also been put in place to establish an emergency response headquarters, headed by the President, in the event of an emergency.
Shareholder Returns
Annual dividend for FY2026 (ending May 2026) is ¥25 per share (interim ¥10 + year-end ¥15, including a special dividend of ¥5), with a payout ratio of 36.6%. The forecast for FY2027 (ending May 2027) calls for an ordinary dividend only of ¥25, targeting a payout ratio of 50.0%. DOE of 2.5–3.5% is maintained as a medium-term target to continue stable shareholder returns. No share buyback is planned.
Dividend Policy
The company adopts DOE (dividend on equity) as its dividend indicator, targeting a DOE level of 2.5–3.5% under the "Medium-Term Management Plan 2027." The basic policy is to maintain stable dividends premised on a recovery in earnings power, continuing semi-annual dividends (interim and year-end). For FY2026 (ending May 2026), the total dividend is ¥25 per share, comprising an ordinary dividend of ¥20 plus a special dividend of ¥5 (payout ratio 36.6%, net asset dividend ratio 2.9%). The forecast for FY2027 (ending May 2027) is an ordinary dividend of ¥25 (targeting a payout ratio of 50.0%).
ESG
Obtained SBTi's "SBT Net-Zero" certification in November 2024, targeting carbon neutrality by 2050. Selected as a Health & Productivity Stock 2025 (4th time overall) and as a Certified Health & Productivity Management Outstanding Organization (White 500) for the 6th consecutive year. The Sustainability Management Division oversees materiality management and KPI progress, with the Board of Directors providing oversight twice a year. The company focuses on climate change (TCFD disclosure), human capital, and diversity as priority issues.
Last updated: August 22, 2025