NITTO SEIMO CO., LTD.
3524・Standard Market・Textiles & Apparels
Governance
The Board of Directors consists of 6 members (including 2 outside directors, an outside ratio of 33.3%), and the company is a Company with a Board of Corporate Auditors. Both of the 2 outside directors are registered as independent officers with the Tokyo and Nagoya Stock Exchanges. Of the 4 corporate auditors, 2 are outside auditors. An Internal Audit Office (staffed by 2 persons) has been established and coordinates with the corporate auditors and the accounting auditor. A Legal Affairs Audit Committee and an internal whistleblower system are also in place. The Board of Directors met 9 times during the fiscal year under review.
Risk Management
A structure has been established whereby sustainability-related risks are identified and evaluated at each of the Sales, Manufacturing, and Corporate Management headquarters meetings, deliberated among the three headquarters meetings, and important matters are reported to the Board of Directors. Risks related to compliance, the environment, disasters, quality, information management, and import/export control are each managed by the responsible department based on manuals, with the Legal Affairs and Audit Committee and outside legal counsel providing external oversight functions.
Shareholder Returns
For FY2026 (ending April 2026), the year-end dividend is ¥50 per share (total dividends of ¥129 million), with a payout ratio of 19.1%. The same dividend of ¥50 is forecast for FY2027 (ending April 2027). A small amount of treasury stock was repurchased (¥211 thousand). No shareholder benefit program is mentioned.
Dividend Policy
The basic policy is to maintain stable, continuous dividends, with a year-end dividend paid once annually. For FY2026 (ending April 2026), the year-end dividend is ¥50 per share (total dividends of ¥129 million, payout ratio of 19.1%). For FY2027 (ending April 2027), a dividend of ¥50 per share (forecast payout ratio of 43.2%) is planned. No explicit target payout ratio is stated in this earnings report.
ESG
On the environmental front, the company sorts process scraps generated during fishing net manufacturing by material and color for recycling, and is working on R&D for net-to-net recycling. In terms of human capital, the company has set a target of maintaining a ratio of women to total employees of 32% or higher by the fiscal year ending April 2027; the actual result for the fiscal year under review was 34% (target exceeded). The rate of male employees taking childcare leave was 29.0%, and the ratio of women in management positions was 0.0%. The company also promotes no-overtime days and conducts rank-based training and compliance training, among other initiatives.
Last updated: July 23, 2025