ISHIHARA SANGYO KAISHA,LTD.
4028・Prime Market・Chemicals
Governance
As a company with a Board of Corporate Auditors, the company has established a Board of Directors (composed of 9 members including 3 independent outside directors, with outside directors comprising 1/3 of the total), and seeks to accelerate decision-making through a management committee and an executive officer system. Both the Compensation Committee and the Nomination Committee are composed of a majority of independent outside directors, ensuring the effectiveness of governance.
Risk Management
Based on the Risk Management Regulations, the Corporate Risk Management Committee, chaired by the President and Representative Director, meets at least twice a year to conduct risk assessments and select and manage priority risks for countermeasures. Climate change, human rights, materiality, and related matters fall under the jurisdiction of the Sustainability Promotion Committee, which coordinates with the Corporate Risk Management Committee to advance responses.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥120 per share (interim ¥30, year-end ¥90), an increase of ¥35 year-on-year. For the next fiscal year (FY2027, ending March 2027), a dividend of ¥130 per share (interim ¥50, year-end ¥80) is planned. During the medium-term management plan period, the company will maintain a DOE floor of 3% and a target payout ratio of 40%, while also implementing flexible share buybacks.
Dividend Policy
The basic policy is to continue stable dividends in line with business performance, comprehensively taking into account business trends, financial condition, and the need to build up internal reserves for future business development. During the medium-term management plan (FY2024–FY2026) "Vision 2030 Stage II" period, dividends will be paid with a DOE (consolidated dividend on equity ratio) floor of 3%, targeting a consolidated payout ratio of 40% in the final year (FY2026). The annual dividend for FY2026 (ending March 2026) is ¥120 per share (interim ¥30, year-end ¥90; total dividends of ¥4,644 million; payout ratio of 27.6%). For the next fiscal year (FY2027, ending March 2027), a dividend of ¥130 per share (interim ¥50, year-end ¥80; payout ratio of 54.7%) is planned. Flexible share buybacks will also be implemented.
ESG
The company has set targets of a 30% reduction in CO2 emissions by 2030 (versus FY2019) and carbon neutrality by 2050, promoting the introduction of an internal carbon pricing system and the use of renewable energy. On the human capital side, it has established KPIs such as a 15% ratio of female managers (2030 target) and a 100% rate of paternity leave uptake by male employees (2027 target), and is also working on human rights due diligence and the promotion of diversity.
Last updated: June 24, 2026