YONDENKO CORPORATION
1939・Prime Market・Construction
Governance
As a company with an Audit and Supervisory Committee, the board is composed of 11 directors (including 5 independent outside directors, an outside ratio of approximately 45%), with an expanded executive officer system. A Nomination and Compensation Committee (comprising three or more independent outside directors) has been established, along with a committee structure including an ESG Promotion Council, an Internal Control System Promotion Committee, and a Compliance Promotion Committee.
Risk Management
Based on the "Risk Management Guidelines," each business division reviews risks at least once a year, classifying and evaluating them by impact and likelihood of occurrence. Particularly significant risks are deliberated at the Executive Officers' Council and then submitted to the Board of Directors, with a framework in place to reflect them in the following year's management plan. Sustainability risks such as climate change are also managed under the same guidelines.
Shareholder Returns
Shareholder return policy renewed based on the 'Medium-Term Management Guidelines 2030' formulated in January 2026. Targets are a consolidated payout ratio of approximately 60% and DOE of approximately 5.0%. For FY2026 (ending March 2026), the annual dividend is ¥77 per share (interim ¥32 + year-end ¥45), with a payout ratio of 48.6%. For FY2027 (ending March 2027), the dividend is planned at ¥84 per share (interim ¥42 + year-end ¥42), with a projected payout ratio of 60.2%.
Dividend Policy
Based on the 'Medium-Term Management Guidelines 2030', a new shareholder return policy has been established targeting a consolidated payout ratio of approximately 60% and DOE of approximately 5.0% (a change from the consolidated payout ratio of 40% or more under the previous Medium-Term Management Guidelines 2025). Dividends are paid twice a year in principle: an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved by the General Meeting of Shareholders). For FY2026 (ending March 2026), the annual dividend is ¥77 per share (interim ¥32 + year-end ¥45), with total dividends of ¥3,644 million and a consolidated payout ratio of 48.6%. For FY2027 (ending March 2027), the dividend is planned at ¥84 per share (interim ¥42 + year-end ¥42), with a projected consolidated payout ratio of 60.2%.
ESG
The company supports TCFD and has conducted 1.5°C and 4°C scenario analyses. It aims to reduce Scope 1+2 emissions by at least 46% by FY2030 compared to FY2013 levels (from 8,555 t-CO₂ to 4,620 t-CO₂). On human capital, it has set FY2030 targets including a total workforce of 2,450 employees, a female manager ratio of 3.6%, and a male childcare leave uptake rate of 85%, among others, and is promoting ESG management under its human resource development policy and internal environment improvement policy.
Last updated: June 19, 2026