NIHONWASOU HOLDINGS,INC.
2499・Standard Market・Services
Governance
Company with Board of Auditors (two-tier structure of Board of Directors and Board of Auditors). The Board of Directors comprises 6 directors (including 3 outside directors, a 50% outside ratio); all 3 auditors are outside auditors. The Board of Directors held 16 meetings during the fiscal year under review. A special committee composed of outside directors and outside auditors has been established to ensure fairness in nominations. No nomination committee or compensation committee has been confirmed to exist, but the special committee supplements transparency in nominations.
Risk Management
The company has established a Risk and Compliance Committee as an advisory body to the Board of Directors, centralizing risk information across the group in accordance with the Risk and Compliance Regulations. Under this framework, significant risks are examined and addressed by the Board of Directors. In November 2024, a Sustainability Subcommittee was newly established to identify, assess, and monitor sustainability-related risks and opportunities. The Internal Audit Office conducts planned operational audits covering all departments, including subsidiaries.
Shareholder Returns
Annual dividend forecast for FY2026 (ending December 2026) is ¥14 per share (Q1 finalized at ¥3, Q2 and Q3 at ¥3 each, and ¥5 at year-end). This represents a decrease from the prior fiscal year's actual dividend of ¥16 (including a ¥2 commemorative dividend). No mention of share buybacks or shareholder benefits. No disclosed numerical target for payout ratio.
Dividend Policy
The basic policy is to pay dividends from surplus four times a year, aiming for continuous and stable dividends. For FY2026 (ending December 2026), the company forecasts ¥3 per share for Q1 (finalized), ¥3 for Q2, ¥3 for Q3, and ¥5 at year-end, totaling ¥14 per share annually. The prior fiscal year (FY2025, ending December 2025) actual dividend was ¥16 annually (¥3 each for Q1–Q3 plus ¥7 at year-end, which included a ¥2 commemorative dividend).
ESG
The company has formulated its sustainability basic policy based on its corporate philosophy of "Gohou-yoshi" (goodness for five parties). In November 2024, it established a new Sustainability Subcommittee to build out its promotion framework. On the human capital side, it is advancing regular training programs, e-learning, hybrid work arrangements, and a selective retirement age system (60–65 years old), among other initiatives. The proportion of women in managerial positions reached 39.5% against a target of 38.0%, exceeding the target. No quantitative disclosure regarding climate change has been confirmed.
Last updated: March 26, 2026