HOKURIKU ELECTRICAL CONSTRUCTION CO.,LTD.
1930・Prime Market・Construction
Governance
A company with a Board of Corporate Auditors. The Board of Directors consists of 8 members (including 3 outside directors, a ratio of 37.5%), maintaining an independent outside director ratio of at least one-third. The company has established a nomination and compensation opinion exchange meeting (chaired by an outside director) and a special committee comprised entirely of independent outside officers, thereby strengthening its oversight function.
Risk Management
The company centrally manages company-wide risks around the Risk & Compliance Committee, chaired by the President. Climate change risks are identified and assessed by the Environmental Countermeasures Promotion Committee, established in December 2024, with reporting to the Executive Committee and the Board of Directors. The company has also established various regulations, including a code of conduct, crisis management regulations, and information security management regulations.
Shareholder Returns
For FY2026 (ending March 2026), the company paid dividends of ¥48 per share (interim ¥22 + year-end ¥26), with a dividend payout ratio of 34.4%. For FY2027 (ending March 2027), the company forecasts a dividend of ¥48 per share (interim ¥24 + year-end ¥24) with a payout ratio of 32.2%. The company also conducted share repurchases through the employee stock benefit trust (BBT / J-ESOP).
Dividend Policy
The basic policy is to appropriately return profits to shareholders taking into account business performance and other factors. For FY2026 (the 112th fiscal period, ending March 2026), the company paid ¥48 per share (interim dividend of ¥22 + year-end dividend of ¥26), with total dividends of ¥1,363 million, a payout ratio of 34.4%, and a dividend-on-equity (DOE) ratio of 3.0%. For FY2027 (ending March 2027), the company forecasts ¥48 per share (interim dividend of ¥24 + year-end dividend of ¥24), with a payout ratio of 32.2%. The interim dividend is determined by resolution of the Board of Directors, and the year-end dividend by resolution of the General Meeting of Shareholders.
ESG
Climate-related disclosures based on TCFD recommendations were implemented, including scenario analyses for both 1.5°C and 4°C pathways. The company has set a target to reduce GHG emissions intensity (Scope 1+2) by 50% by FY2030 compared to FY2013 levels, and achieved a 34% reduction in FY2025 results. In terms of human capital, the company disclosed a female ratio in management positions of 2.8% and a male childcare leave uptake rate of 102.7%, and is promoting stronger hiring of women.
Last updated: June 24, 2026