CHUDENKO CORPORATION
1941・Prime Market・Construction
Governance
As a company with an Audit and Supervisory Committee, the Board of Directors is composed of 11 directors (including 6 independent outside directors) and meets once a month. The company has established a Nomination Advisory Committee, a Compensation Advisory Committee, an Internal Control Committee, a Corporate Ethics Committee, and others to enhance its governance.
Risk Management
The company has established the "Risk Management Regulations," "Crisis Management Regulations," "Compliance Policy," and "Corporate Ethics Regulations," and continuously implements risk management by reflecting each department's risk identification, evaluation, and countermeasures in its management plan. In addition, climate-related risks and opportunities based on TCFD recommendations are identified and evaluated by the Sustainability Promotion Committee and submitted to the Board of Directors for deliberation.
Shareholder Returns
The company's policy is sustainable and stable dividends targeting a DOE of 3.0%, and the annual dividend for FY2026 (ending March 2026) was increased to ¥135 (interim ¥65, year-end ¥70). ¥140 (interim ¥70, year-end ¥70) is forecast for FY2027 (ending March 2027). Share buybacks were also conducted (¥6,029 million in the current period).
Dividend Policy
The basic policy is sustainable and stable dividends targeting a DOE (consolidated dividend on equity ratio) of approximately 3.0%. The annual dividend for FY2026 (ending March 2026) was increased by ¥5 from the initially planned ¥130 to ¥135 (interim ¥65, year-end ¥70), with a payout ratio of 39.5% and total dividends of ¥7,226 million. For FY2027 (ending March 2027), a dividend of ¥140 (interim ¥70, year-end ¥70), up ¥5 from the current period, is forecast. The basic policy is to pay dividends twice a year (interim and year-end), and share buybacks will be conducted as necessary after comprehensively considering the business environment and other factors.
ESG
The company endorses the TCFD recommendations and has set targets to reduce CO2 emissions (Scope 1 and 2) by 46% or more from FY2013 levels by 2030 and to achieve carbon neutrality by 2050; in FY2025, it achieved a 39.4% reduction versus the base year. On the human capital front, the company is also working on promoting diverse talent and improving the workplace environment, with the male employee childcare leave utilization rate at 86.7% and average annual salary up 7.0% year on year.
Last updated: June 22, 2026

