IZAWA TOWEL co., ltd.
365A・Standard Market・Textiles & Apparels
IZAWA TOWEL co., ltd.
365A・Standard Market・Textiles & Apparels
Governance
Company with a Board of Corporate Auditors. The Board of Directors comprises 7 members (2 outside directors). A voluntary Nomination and Compensation Committee, chaired by an independent outside director, and an Independent Officers' Committee have been established to ensure transparency and objectivity. All 3 corporate auditors are outside auditors.
Risk Management
The Risk Management and Compliance Committee meets regularly once per quarter to oversee company-wide risk management and to discuss and determine compliance matters. A system has been established whereby significant risks are promptly reported to the Board of Directors, which deliberates on them and determines priorities at its monthly meetings. The Internal Audit Office (2 members) audits each division and reports the results to the President, the Board of Directors, and the Board of Corporate Auditors.
Shareholder Returns
The annual dividend forecast for FY2027 (ending February 2027) is ¥42 per share (¥21 at the second-quarter end, ¥21 at year-end). Actual annual dividend for FY2026 (ended February 2026) was ¥40. As of the end of the first quarter, the company held 300,000 treasury shares (an increase from 114,400 shares at the end of the previous fiscal year), and treasury share buybacks were conducted.
Dividend Policy
The company implements stable dividends targeting a payout ratio of 50% against net income before amortization of goodwill, while considering the balance among working capital, investment funds, and internal reserves. The basic policy is to pay dividends once a year at fiscal year-end, with flexible decisions made by resolution of the Board of Directors. Starting from FY2027 (ending February 2027), the company plans to pay dividends twice a year, adding a second-quarter-end dividend (¥21 at the second-quarter end, ¥21 at year-end, totaling ¥42).
ESG
As a response to climate change, the company is promoting diversification of production bases (reducing the China ratio from 67.8% in FY2025 (ending February 2025) to a target of 40% in FY2028 (ending February 2028)). It is also working on obtaining ISO14001 certification and developing decarbonized manufacturing technologies. In terms of human capital, it has established systems for diverse talent recruitment, on-the-job training, external training, childcare leave support, and shortened working hours, with women accounting for 63.6% of management positions (as of the end of April 2025). Human capital development indicators and targets have not yet been set.
Last updated: May 25, 2026