MEIJI ELECTRIC INDUSTRIES CO.,LTD.
3388・Prime Market・Wholesale Trade
Governance
As a company with an Audit and Supervisory Committee, the Board is composed of 7 directors (including 3 independent outside directors). The company has adopted an executive officer system, separating oversight and execution. The Board of Directors meets 17 times per year, and all directors maintain a high attendance rate.
Risk Management
Risks are classified into three levels, and a framework has been established in which the President and Representative Director or the Senior Managing Director serves as the head of the countermeasure headquarters. Comprehensively anticipating external environment risks, business activity risks, internal environment risks, and contingencies at overseas locations, the Compliance Committee, the Internal Control Committee, and the Internal Audit Office work together to implement risk management.
Shareholder Returns
Adopts a dividend policy targeting a consolidated payout ratio of approximately 30%. For the 11th Medium-Term Management Plan period (FY2025 (ending March 2025) to FY2027 (ending March 2027)), the minimum annual dividend per share is set at ¥60. The dividend for the fiscal year under review is ¥60 per share (interim ¥30, year-end ¥30).
Dividend Policy
Dividends are paid with a target consolidated payout ratio of approximately 30%, while enhancing internal reserves necessary for sustainable future growth. For the 11th Medium-Term Management Plan period (FY2025 (ending March 2025) to FY2027 (ending March 2027)), the minimum annual dividend per share is set at ¥60. Dividends are paid twice a year, as an interim dividend and a year-end dividend. The dividend-determining body is the Board of Directors.
ESG
Conducted 1.5°C and 4°C scenario analyses based on TCFD, and set a target to reduce GHG emissions by 50% by FY2031 (ending March 2031) compared to FY2019 (ending March 2019). In terms of human capital, the company has disclosed a female manager ratio of 12.0% (already exceeding the 10% target), a foreign national manager ratio of 13.7%, and a mid-career hire manager ratio of 32.5%, reflecting its commitment to promoting diversity.
Last updated: June 25, 2026