Mullion Co., Ltd.
3494・Standard Market・Real Estate
Governance
Company with an Audit and Supervisory Committee (transitioned in 2015). Of the 9 directors, 4 are outside directors (of which 2 also serve as outside directors on the Audit and Supervisory Committee), ensuring an oversight function from an external perspective. The establishment of a Nomination Committee or Compensation Committee is not confirmed in the securities report.
Risk Management
The Compliance & Risk Committee, chaired by the President, oversees risk management and operates in accordance with the Compliance and Risk Regulations. The Company has established a BCP, Information Asset Management Regulations, an Internal Audit Department, and an internal whistleblowing system. For sustainability-related risks, the Sustainability Committee conducts evaluations while the Compliance & Risk Committee oversees overall management.
Shareholder Returns
Continuing a stable dividend policy targeting a 20% payout ratio. For FY2026 (ending September 2026), a year-end dividend of ¥6.40 (ordinary dividend of ¥6.00 plus a commemorative dividend of ¥0.40) is forecast, representing an increase from the previous fiscal year's actual dividend of ¥6.00. No share buybacks or shareholder benefit programs are implemented.
Dividend Policy
The company's policy is to implement stable and continuous dividends aiming for a payout ratio of 20%, taking into account the trend of business performance, financial condition, and business investment plans, while maintaining a balance with retained earnings. In principle, dividends are paid once a year as a year-end dividend, with dividends of surplus determined by resolution of the Board of Directors. Interim dividends are also permitted under the Articles of Incorporation. The forecast year-end dividend for FY2026 (ending September 2026) is ¥6.40 per share (ordinary dividend of ¥6.00 plus a commemorative dividend of ¥0.40). There has been no revision from the most recently announced dividend forecast.
ESG
Starting with ISO14001 certification obtained in 2008, the company established a Sustainability Committee in 2021. On the environmental front, the medium-term management plan explicitly sets targets for the end of September 2026 for electronic breakers, LED lighting, greening, and solar panels (70%, 70%, 30%, and 30%, respectively). On the social front, the company supports the Mullion Foundation, structures ESG investment-type securitization products (ZEH/Green/Healthcare/Regional Revitalization BOND), endorses the LGBT Equality Support Declaration, and has established a human rights policy. In terms of human capital, the company has implemented a personnel evaluation system, training programs, and promotion of remote work, and discloses a female manager ratio of 8.3% (FY2025, ending September 2025).
Last updated: December 18, 2025