WAKACHIKU CONSTRUCTION CO.,LTD.
1888・Prime Market・Construction
Governance
Company with a Board of Corporate Auditors (9 directors, 3 outside; 3 corporate auditors, 2 outside). Introduced an executive officer system in 2001 to separate management oversight from execution responsibilities. Established a Nomination and Compensation Advisory Committee (majority independent outside directors) and a Special Committee, strengthening the transparency and objectivity of governance.
Risk Management
The Company has established a Crisis Management Committee (comprising all directors) to manage company-wide risks in an integrated manner. The Sustainability Committee assesses and identifies sustainability-related risks and coordinates with the Crisis Management Committee as necessary. The Company works to prevent and mitigate the materialization of risks based on its risk management regulations, while also maintaining a system for periodic risk reassessment.
Shareholder Returns
Under the medium-term management plan (FY2024–FY2026), the policy targets a DOE floor of 3.6% and a payout ratio of 40% or more (on a non-consolidated basis). The dividend per share for FY2026 (ending March 2026) is ¥135 (total ¥1,732 million, consolidated payout ratio 39.3%, DOE 3.4%), with a forecast of ¥145 for FY2027 (ending March 2027).
Dividend Policy
The basic policy is a year-end dividend paid once annually, targeting a payout ratio of 40% or more (on a non-consolidated basis) with a DOE floor of 3.6%. Dividends of surplus are determined by resolution of the Board of Directors. Recent results: dividend per share of ¥120 for FY2024 (ending March 2024) (total ¥1,540 million), ¥126 for FY2025 (ending March 2025) (total ¥1,617 million), and ¥135 for FY2026 (ending March 2026) (total ¥1,732 million, consolidated payout ratio 39.3%, non-consolidated payout ratio 40.4%, DOE 3.6%). The forecast for FY2027 (ending March 2027) is ¥145 per share (consolidated payout ratio forecast of 41.9%).
ESG
Conducted two-scenario analysis (4°C and below 2°C) based on TCFD guidelines, setting a target of reducing CO₂ emissions at the construction stage by 40% by FY2030 compared to FY2013 levels. In human capital, KPIs have been set for work-style reform, engagement improvement, and securing diverse talent, with efforts underway to achieve targets including a 100% Saturday site-closure rate, 100% male childcare leave uptake rate, and a 30% ratio of female new graduate hires.
Last updated: June 24, 2026