Rasa Industries, Ltd.
4022・Prime Market・Chemicals
Governance
Company with an Audit and Supervisory Committee (transitioned in 2019). The Board of Directors consists of 8 members in total—4 internal directors and 4 outside directors (Audit and Supervisory Committee members)—resulting in an outside director ratio of 50%. A voluntary Nomination and Compensation Committee (with outside directors constituting a majority) has been established to ensure transparency and objectivity.
Risk Management
In April 2026, the Compliance Committee was reorganized into the Risk and Compliance Committee, integrating risk management and compliance operations. The Internal Audit Office, reporting directly to the President and Representative Director, periodically audits the risk management status of the entire company and its major subsidiaries, and has established a system for reporting to the Board of Directors.
Shareholder Returns
Maintains stable dividends, targeting a payout ratio of 30% or more and ROE of 10% or more. For FY2026 (ending March 2026), dividends per share are ¥180 (interim ¥64 + year-end ¥116), total dividends of ¥1,406 million, and a payout ratio of 32.2%. For FY2027 (ending March 2027), an annual dividend of ¥36 (interim ¥18 + year-end ¥18) is planned on a post-stock-split basis.
Dividend Policy
The basic policy is to maintain stable dividends while aiming for further improvement in the payout ratio, with a target of "payout ratio of 30% or more, ROE of 10% or more." Dividends are paid twice a year in principle, as an interim dividend and a year-end dividend, with retained earnings used as funding for business development such as improving the financial structure and expanding/renewing equipment. FY2026 (ending March 2026) results: dividends per share of ¥180 (interim ¥64, year-end ¥116), total dividends of ¥1,406 million, and a payout ratio of 32.2%. FY2027 (ending March 2027) forecast: an annual dividend per share of ¥36 (interim ¥18, year-end ¥18) on a post-stock-split basis, with a payout ratio forecast of 32.7%. Note that a stock split at a ratio of 5 shares for every 1 share of common stock was implemented effective April 1, 2026.
ESG
The company discloses climate change information based on TCFD recommendations, and has set a target of reducing Scope 1+2 CO2 emissions by 30% by 2033 compared to FY2021 levels. In terms of human capital, the target is to achieve a female hiring ratio of 25% or higher (FY2025 actual: 16%), and the paid leave utilization rate reached 74% (target: 70% or higher). The company will establish a new Sustainability Promotion Office in June 2026 to strengthen its structure.
Last updated: June 22, 2026