J-MAX Co., Ltd.
3422・Standard Market・Metal Products
Governance
The company is an audit and supervisory committee company (7 directors, of which 2 outside directors serve on the audit and supervisory committee). It has introduced an executive officer system based on delegation of authority, and has established voluntary nomination and compensation committees (with outside directors constituting a majority and serving as chair) to strengthen governance.
Risk Management
The company has established a multi-layered risk management framework centered on the Compliance and Risk Management Committee, which identifies, assesses, and prioritizes risks, with reporting to the Audit and Supervisory Committee via the Internal Control and Corporate Ethics Committee.
Shareholder Returns
During the mid-to-long-term five-year plan period, the basic policy is a dividend payout ratio of 20% as a benchmark, with dividends paid twice a year. The annual dividend for FY2026 (ending March 2026) was increased to ¥5 per share (interim ¥2, year-end ¥3), representing a payout ratio of 6.4%. For FY2027 (ending March 2027), a dividend of ¥8 per share (interim ¥4, year-end ¥4) is planned.
Dividend Policy
The basic policy is a dividend payout ratio of 20% as a benchmark, with dividends paid twice a year via interim and year-end dividends (during the mid-to-long-term five-year plan period from FY2024 (ending March 2024) to FY2028 (ending March 2028)). The annual dividend for FY2026 (ending March 2026) is ¥5 per share (interim ¥2, year-end ¥3), with total dividends of ¥58 million and a payout ratio of 6.4%. For FY2027 (ending March 2027), a dividend of ¥8 per share (interim ¥4, year-end ¥4) is planned, with a forecast payout ratio of 9.2%. Retained earnings are allocated to growth strategy investments and R&D funding.
ESG
The company has set FY2030 targets of a 50% reduction in CO2 emissions (Scope 1+2) and a 50% reduction in waste, and is working toward decarbonization through the introduction of solar power generation and cold-press ultra-high-tensile-strength steel processing technology (approximately 30% lower CO2 emissions compared to hot stamping). On the human resources front, the company discloses results such as a foreign employee ratio of 3.15% and a male childcare leave utilization rate of 50%, but challenges remain, with the number of female managers currently at 0 against a target of 3.
Last updated: June 25, 2026