RENT CORPORATION
372A・Standard Market・Services
RENT CORPORATION
372A・Standard Market・Services
Governance
Company with an Audit and Supervisory Committee. The Board of Directors comprises 8 members (4 outside directors, 4 independent officers, 50% outside ratio). A Nomination and Compensation Advisory Committee (4 directors, including 2 outside directors) has been established, which met 7 times during FY2025 (ending May 2025) with a 100% attendance rate. The Board of Directors met 16 times per year, with full attendance.
Risk Management
The company has established a Risk Management Committee chaired by the President, which classifies risks into "Significant Risk Events" and "Individual Risk Events" for management purposes. It works in coordination with the Sustainability Committee to periodically identify and assess risks and opportunities. For highly urgent events, an Emergency Response Committee is established to minimize damage. The Internal Audit Department (4 members), the Audit and Supervisory Committee, and the accounting auditor hold a quarterly audit liaison meeting to ensure three-way coordination.
Shareholder Returns
Dividend per share for FY2026 (ending May 2026) is ¥220 (up ¥40 year on year), with a payout ratio of 28.8%. The forecast for FY2027 (ending May 2027) is ¥235 (payout ratio 30.3%). The company targets a consolidated payout ratio of approximately 30% and adopts continuous and stable dividends as its basic policy. No disclosure of share buybacks.
Dividend Policy
The basic policy is to secure continuous and stable dividends along with an appropriate dividend level in line with business performance. The company targets a consolidated payout ratio of approximately 30%. Dividends of surplus are basically paid once a year as a year-end dividend, and whether to pay an interim dividend is determined after assessing progress toward the profit plan. The FY2026 (ending May 2026) actual result is ¥220 per share (payout ratio 28.8%, dividend on net assets ratio 4.5%), and the FY2027 (ending May 2027) forecast is ¥235 per share (payout ratio 30.3%).
ESG
Promotes ESG management centered on contributing to a circular economy by leveraging the characteristics of the rental business. Materiality items include CO2 reduction (target: 30% reduction by end of May 2031 versus end of May 2023; actual result of 4,248t as of end of May 2025), increasing the ratio of female managers (actual result of 5.3% as of end of May 2025, target of 20.0% by end of May 2031), and zero serious occupational accidents. The Sustainability Committee (meets once a month) oversees ESG promotion in coordination with the Board of Directors.
Last updated: September 1, 2025