HOGY MEDICAL CO.,LTD.
3593・Prime Market・Textiles & Apparels
Governance
Transitioned to a company with an audit and supervisory committee in June 2024. The board consists of 7 directors (including 5 outside directors and 5 independent officers), with independent outside directors holding a majority. Voluntary nomination and compensation committees have been established, each comprising 3 independent outside directors (including the chairperson) and 1 internal director. An executive officer system has been introduced, clarifying the separation of execution and oversight.
Risk Management
The Board of Directors identifies and evaluates risks that could affect business performance, stock price, and financial condition, while the
Shareholder Returns
Quarterly dividends are paid. For FY2026 (ending March 2026), ¥23.75 per share was paid for each of Q1 and Q2 (total ¥47.50), the year-end dividend forecast is ¥0, and the full-year dividend forecast is ¥47.50. This represents a substantial dividend cut from the previous fiscal year (¥80 annually). Share buybacks were effectively zero for the cumulative period of the current fiscal year.
Dividend Policy
Dividends of surplus are paid in cash at the end of each quarter based on resolutions of the Board of Directors. For FY2026 (ending March 2026), ¥23.75 was paid as of the end of Q1 and ¥23.75 as of the end of Q2, with ¥0 as of the end of Q3 already paid; the year-end dividend forecast is ¥0, and the full-year dividend forecast is ¥47.50 per share (a decrease from the previous fiscal year's actual result of ¥80.00). The total dividend amounts were paid in July 2025 and October 2025 respectively, and the total dividend payment for the cumulative nine months of the current fiscal year was ¥1,453 million.
ESG
The company established a Sustainability Committee in FY2022 and is addressing climate change (disclosure aligned with the TCFD framework) and human capital (promotion of D&I and enhanced investment in human capital) as priority issues. GHG emissions disclosed were Scope 1 total of 2,896.4 t-CO₂ and Scope 2 total of 17,098.2 t-CO₂, with GHG reduction targets toward 2035 stated in the Medium-Term Management Plan. On the human resources front, the company achieved a female manager ratio of 7.8% (FY2030 target: 10%) and a male childcare leave uptake rate of 53.3% (target: 30% or higher), and continues measures to narrow the gender pay gap (79.7% for all employees).
Last updated: June 19, 2025