NIPPON RIETEC CO.,LTD.
1938・Prime Market・Construction
Governance
As a company with an Audit and Supervisory Committee, the company has established a Board of Directors composed of 10 directors (including 6 outside directors, 5 of whom are independent outside directors), securing an outside director ratio of 60%. It has also established a voluntary advisory committee responsible for both nomination and compensation functions, with independent outside directors holding a majority, thereby ensuring transparency.
Risk Management
The Risk Management Division oversees company-wide risk in accordance with the Risk Management Regulations, and periodically reports risks and events compiled by category to the Management Committee and other bodies. Climate change risk is managed by the Environmental Management Promotion Committee, which classifies it into transition risk and physical risk, and a structure has been established to coordinate with the Risk Management Committee as well.
Shareholder Returns
Starting FY2027 (ending March 2027), the company will raise its DOE from 3.2% to 3.6%, and is strengthening progressive shareholder returns: FY2026 (ending March 2026) actual dividend of ¥82 per share (total dividends of ¥2,032 million, payout ratio 36.6%), with a forecast dividend of ¥97 per share for FY2027 (ending March 2027), an increase of ¥15 year on year.
Dividend Policy
To achieve stable and progressive dividends that are not swayed by short-term earnings fluctuations, dividends are determined with reference to DOE. Through FY2026 (ending March 2026), a DOE of 3.2% was used as the benchmark, resulting in an annual dividend of ¥82 per share (total dividends of ¥2,032 million, payout ratio 36.6%). Starting FY2027 (ending March 2027), the DOE will be changed to 3.6%, with a planned annual dividend of ¥97 per share (interim ¥47, year-end ¥50). The company also combines this with flexible share buybacks, aiming to expand profit distribution and improve capital efficiency.
ESG
The company has established materiality issues based on ESG management principles and conducted 1.5°C and 4°C scenario analyses in accordance with TCFD recommendations, setting targets to reduce GHG emissions (Scope 1+2) by 20% by FY2027 compared to FY2022 and to achieve carbon neutrality by 2050. In terms of human capital, it is promoting the restructuring of its HR system and the development of succession plans based on its "Human Resource Policy," and has achieved a male childcare leave uptake rate of 75.0%.
Last updated: June 24, 2026