KUREHA CORPORATION
4023・Prime Market・Chemicals
Governance
As a company with a Board of Corporate Auditors, the company has established a Board of Directors (up to 10 members, with independent outside directors comprising at least one-third), a Management Committee, and a Board of Corporate Auditors, and has established a voluntary Nomination Committee and Compensation Committee (both chaired by an outside director) since 2018. The term of office for directors and executive officers is one year.
Risk Management
A Risk Management Committee (established April 2026), chaired by the President and Representative Director, oversees company-wide risk and has identified "business environment," "climate change," "environment-related regulations," "human capital development and utilization," "compliance," and other matters as key risks. The company has established a framework to manage these risks through a PDCA cycle and to report periodically to the Board of Directors.
Shareholder Returns
Adopted a dividend policy targeting a DOE (dividend on equity) of approximately 5% starting FY2025. The annual dividend for FY2026 (ending March 2026) is ¥214 per share (interim ¥109.50 + year-end ¥104.50), with total dividends of ¥8,178 million. The forecast for FY2027 (ending March 2026 is 3月期 - correcting) is ¥216 per share (interim and year-end ¥108 each). During the fiscal year under review, the company repurchased ¥39,057 million of treasury shares, and as a subsequent event resolved to cancel 9,700,000 shares (scheduled for June 30, 2026). A new policy was established setting the upper limit of treasury share holdings at approximately 5% of total shares issued.
Dividend Policy
Adopted a dividend policy targeting a DOE (consolidated dividend on equity ratio) of approximately 5% starting FY2025. The annual dividend for FY2026 (ending March 2026) is ¥214 per share (interim ¥109.50 + year-end ¥104.50), with total dividends of ¥8,178 million. The forecast for FY2027 (ending March 2027) is ¥216 per share (interim ¥108, year-end ¥108). Under the next medium-term management plan (FY2026–FY2028), the company plans to continue targeting a DOE of approximately 5% from FY2027 onward. If business environment changes or growth investments occur beyond expectations, the DOE-based dividend ratio will be flexibly reviewed.
ESG
The company supports the TCFD recommendations and has set targets of carbon neutrality by 2050 and a 30% reduction in CO₂ emissions by 2030 (versus FY2013 levels). In terms of human capital, it has set KPIs such as a female manager ratio of 10% or more by FY2035 and a male childcare leave uptake rate of 90% or more, and has been certified as an Excellent Health & Productivity Management Corporation (Large Enterprise Category) for six consecutive years.
Last updated: June 22, 2026