TENOX CORPORATION
1905・Standard Market・Construction
Governance
The company has established a Board of Directors (comprising 6 executive directors and 3 audit and supervisory committee directors) as a company with an audit and supervisory committee, and has adopted an executive officer system. All 3 outside directors (all of whom serve on the audit and supervisory committee) are designated as independent officers under Tokyo Stock Exchange rules, and a voluntary compensation committee has also been established.
Risk Management
The company has established risk management regulations, and the Risk Management Committee, chaired by the President and Representative Director, reports to the Board of Directors at least once every three months. For sustainability risks such as climate change and human capital, a framework has been established in which the Sustainability Committee and the Risk Management Committee collaborate to respond.
Shareholder Returns
Shareholder return policy emphasizing DOE of 3.0%. For FY2025, an annual dividend of ¥60.50 per share (interim ¥26 + year-end ¥34.50) was implemented, with a payout ratio of 42.9%. FY2026 forecast is ¥62 per share (interim ¥31 + year-end ¥31), with a payout ratio forecast of 41.3%. No share buybacks were conducted in the current fiscal year.
Dividend Policy
The basic policy is to regard DOE (dividend on equity) as a key indicator and to implement dividends twice a year: an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved at the General Meeting of Shareholders). FY2025 results were ¥60.50 per share (interim ¥26 + year-end ¥34.50), with actual DOE of 3.0% and a payout ratio of 42.9%. The FY2026 forecast is ¥62 per share (interim ¥31 + year-end ¥31), with a payout ratio forecast of 41.3%.
ESG
In its climate change response, the company conducted IPCC 2°C and 4°C scenario analyses, targeting a 40% reduction in Scope 1 and 2 CO2 emissions and a 20% reduction in Scope 3 emissions by FY2030 (the Scope 3 target was achieved ahead of schedule in FY2025). In terms of human capital, the company has been certified as an Excellent Health Management Corporation for four consecutive years, achieved a 100% male childcare leave uptake rate, and is promoting a next-generation management development program, among other multifaceted ESG initiatives.
Last updated: June 25, 2026