OHISHI SANGYO CO.,LTD.
3943・Standard Market・Pulp & Paper
Governance
The company is structured as a company with an Audit and Supervisory Committee, comprising 9 directors (including 3 outside directors, all of whom serve on the Audit and Supervisory Committee), and has established a Nomination and Compensation Advisory Committee. The Board of Directors meets 17 times per year, and an executive officer system is in place to separate management oversight from business execution.
Risk Management
The company has established a Risk & Compliance Committee, chaired by the President, to conduct company-wide risk management. Sustainability-related risks are identified by each department and consolidated by the Corporate Planning Office; a system is in place whereby likelihood and impact are assessed using a risk map based on the Crisis Management Regulations, with regular reports made to the Board of Directors.
Shareholder Returns
The company pays dividends twice a year (interim and year-end, each ¥26, totaling ¥52 annually, post-split basis). For FY2026 (ending March 2026), total dividends paid were ¥413 million, with a payout ratio of 56.3% and DOE of 2.1%. The same annual dividend of ¥52 is forecast for FY2027 (ending March 2027). No share buybacks have been conducted.
Dividend Policy
The company's policy is to maintain stable dividends while keeping a consolidated dividend on equity (DOE) ratio of 2.1% (FY2026 actual, ending March 2026), with dividends paid twice a year in principle, at the interim and year-end. For FY2026 (ending March 2026), the company paid an interim dividend of ¥26 and a year-end dividend of ¥26 (both post-split basis; ¥52 each on a pre-split basis), totaling ¥52 per share annually (post-split basis), with total dividends paid of ¥413 million and a payout ratio of 56.3%. For FY2025 (ending March 2025), the company paid a year-end dividend of ¥35 (post-split basis), including a ¥15 (post-split basis) commemorative dividend for the company's 100th anniversary, resulting in total annual dividends paid of ¥403 million and a payout ratio of 41.9%. For FY2027 (ending March 2027), an annual dividend of ¥52 (post-split basis) is forecast.
ESG
Since FY2025 (ending March 2025), the company has established a Sustainability Committee and is working on climate change response (promoting solar power generation and conversion to LNG, etc., with a target of reducing CO2 emissions by 46% in FY2030 compared to FY2013 levels) and strengthening human capital (the ratio of female managers reached 15.4%, exceeding the target of 10.0%, with diversity promotion, tiered training programs, and engagement surveys, etc., being implemented).
Last updated: June 19, 2026