Tokuyama Corporation
4043・Prime Market・Chemicals
Governance
The company has adopted an Audit and Supervisory Committee structure, with a Board of Directors comprising 11 members (5 of whom are outside directors), and has established a Nomination and Compensation Committee (with outside directors forming a majority) as well as a President Nomination Committee to ensure transparency and objectivity in governance. Based on the Corporate Governance Policy established in April 2024, the company is advancing the separation of supervisory and executive functions.
Risk Management
The Sustainability Committee serves as the highest-level body, with specialized committees for compliance, financial reporting, cybersecurity, and safety/environment established under it. Key risks are identified and prioritized annually through risk mapping, with response policies (mitigation, avoidance, transfer, retention) determined and subject to periodic review.
Shareholder Returns
The company has adopted a policy of a DOE target of 3% and a payout ratio of 30% or more, implementing stable and continuous profit returns to shareholders. The annual dividend for FY2025 (ending March 2026) is ¥120 per share (an increase of ¥20 year-on-year), with a payout ratio of 38.9%. The dividend for FY2026 (ending March 2027) is undecided at this time.
Dividend Policy
The company targets a DOE (Dividend on Equity) of 3% and aims for a payout ratio of 30% or more. The basic policy is to pay dividends twice a year, as an interim dividend and a year-end dividend. For FY2025 (ending March 2026), an interim dividend of ¥60 and a year-end dividend of ¥60 were implemented, totaling an annual dividend of ¥120. The dividend for FY2026 (ending March 2027) is undecided at this time, given the extremely high uncertainty going forward, including downside risks such as uncertainty in raw material and fuel procurement and cost increases stemming from the situation in the Middle East.
ESG
The company supports the TCFD recommendations and has set targets of a 30% reduction in GHG emissions (Scope 1 and 2) by FY2030 versus FY2019 and carbon neutrality by 2050; the FY2025 result was a 17% reduction. In terms of human capital, the company has been certified as an Excellent Health & Productivity Management Organization (White 500) for five consecutive years, and has set KPIs such as a 10.6% ratio of female managers and a 64.8% rate of male employees taking childcare leave. The company has also received external recognition, including selection for the FTSE Blossom Japan Index and first-time selection as a CDP Supplier Engagement Leader.
Last updated: June 19, 2026