Ensuiko Sugar Refining Co., Ltd.
2112・Standard Market・Foods
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 14 directors (3 outside directors, outside ratio approximately 21.4%), and the Board of Corporate Auditors consists of 3 auditors (2 outside auditors). In May 2018, a voluntary Nomination and Compensation Committee was established to enhance transparency and objectivity.
Risk Management
The company has established an Internal Control Committee, Compliance Committee, Quality and Safety Committee, Crisis Management Committee, and an Internal Audit Office, building a legal compliance and risk management framework. For sustainability risks (climate change, human rights, etc.), the Crisis Management Committee handles practical operations, working in coordination with the Sustainability Promotion Committee to establish a cross-functional management structure.
Shareholder Returns
The basic policy is a year-end dividend paid once per year. The dividend per share for FY2026 (ending March 2026) was 20 yen (total dividends of ¥550 million, payout ratio 19.9%), an increase from 15 yen in the previous period. The forecast for FY2027 (ending March 2027) is 16 yen (interim 8 yen, year-end 8 yen), representing an expected decrease. Share buybacks can be implemented flexibly by resolution of the Board of Directors.
Dividend Policy
Based on the basic policy of respecting shareholders, the Company aims to pay stable and continuous year-end dividends once per year while improving and strengthening its earnings and financial condition. Under the Articles of Incorporation, interim dividends (record date: September 30 each year) may also be paid by resolution of the Board of Directors. Internal reserves are to be utilized effectively for new business and capital expenditures. The actual result for FY2026 (ending March 2026) was 20 yen per share (total dividends of ¥550 million, payout ratio 19.9%), and the forecast for FY2027 (ending March 2027) is 16 yen per share (interim 8 yen, year-end 8 yen, payout ratio 24.4%).
ESG
In June 2025, the company established a Sustainability Promotion Committee chaired by the President and Representative Director, and identified five materialities (contribution to health, food education, climate change consideration, human capital, and enhanced governance). While greenhouse gas KPIs remain a matter for future consideration, the company has set a target for the ratio of female managers of 20.0% by the end of March 2030, against an actual figure of 11.4% as of the end of March 2026.
Last updated: June 25, 2026