WATTS CO., LTD.
2735・Standard Market・Retail Trade
Governance
Company with an Audit and Supervisory Committee. It has established a Board of Directors (meeting monthly), a Management Committee (meeting weekly), and an Audit and Supervisory Committee (meeting in principle monthly), and separates decision-making from business execution through an executive officer system. As voluntary advisory bodies reporting directly to the Board of Directors, it has established a Nomination and Compensation Committee (held 6 times during the fiscal year under review), a Compliance Committee, and a Risk Management Committee. There are two outside directors serving as Audit and Supervisory Committee members (Mr. Yoshihiro Sakatani and Ms. Yoshiko Rindo).
Risk Management
A Risk Management Committee chaired by the Representative Director and President has been established in accordance with the Risk Management Regulations. Each quarter, risks are identified and assessed, draft countermeasures are formulated, and instructions are issued to responsible departments with progress monitoring conducted. A framework has been established to identify climate-related risks and opportunities through scenario analysis based on the TCFD framework, with reporting to the Board of Directors.
Shareholder Returns
The annual dividend forecast for FY2026 (ending August 2026) is ¥20.00 per share (¥7.50 actual at the end of Q2, ¥12.50 forecast at year-end, consisting of ¥7.50 ordinary dividend plus ¥5.00 special dividend). This represents a decrease from ¥23.00 in the previous fiscal year, but the special dividend will continue. There is no change to the dividend forecast relative to the full-year earnings forecast.
Dividend Policy
The basic policy is to implement sustainable and stable dividends without reductions, while also considering the possibility of special dividends. The annual dividend forecast for FY2026 (ending August 2026) is ¥20.00 per share (¥15.00 ordinary dividend plus ¥5.00 special dividend). The breakdown is ¥7.50 (actual) at the end of Q2 and ¥12.50 planned at year-end (consisting of ¥7.50 ordinary dividend plus ¥5.00 special dividend). There is no revision from the most recently announced dividend forecast.
ESG
A Risk Management Committee chaired by the President and Representative Director oversees climate-related risk management based on the TCFD framework. On the human capital front, the company has set targets of 15.0% for the ratio of female managers (actual: 8.7%) and 70.0% for the paid leave utilization rate (actual: 79.6%). On the environmental front, the company promotes LED lighting adoption, paperless operations, and environmentally friendly shopping bags, while also engaging in CSR and social value creation through the "Watts Disaster Prevention Project."
Last updated: November 25, 2025