TOAGOSEI CO., LTD.
4045・Prime Market・Chemicals
Governance
A company with an Audit and Supervisory Committee. The Board of Directors consists of 12 members (including 6 independent outside directors, a 50% outside ratio), and a Nomination and Compensation Committee (1 internal and 2 outside members) has been established as an advisory body to the Board of Directors. The executive officer system separates management from execution, and the Management Meeting is held in principle weekly to accelerate decision-making.
Risk Management
Under the Toagosei Group Risk Management Regulations, the department responsible for each risk is designated, and BCP formulation and preventive/avoidance measures are implemented. The Management Committee and Board of Directors regularly identify and assess risks across the Group as a whole, and a system has been established to set up a Group Countermeasures Headquarters for agile response when a risk materializes. Climate-related risks are identified, assessed, and managed through the Sustainability Promotion Committee, the RC Promotion Committee, and the environmental management system based on ISO14001.
Shareholder Returns
The annual dividend forecast for FY2026 (ending December 2026) is ¥70 per share (interim ¥35 + year-end ¥35), an increase from ¥65 in the previous fiscal year. Based on a resolution of the Board of Directors, the company acquired 1,150,000 shares of treasury stock; as of the end of Q1, treasury stock balance stood at ¥3,084 million. Under the new medium-term management plan (2026-2028), the policy targets a total shareholder return ratio of approximately 90% and an average payout ratio of approximately 70% over the plan period.
Dividend Policy
The basic policy is a consolidated payout ratio of approximately 30% and a consolidated total shareholder return ratio of approximately 50%, with dividends paid twice a year (interim and year-end). Under the new medium-term management plan (2026-2028), the policy will be raised to a total shareholder return ratio of approximately 90% and an average payout ratio of approximately 70% over the plan period. The dividend forecast per share for FY2026 (ending December 2026) is ¥70 per year (interim ¥35 + year-end ¥35). The actual result for FY2025 (ending December 2025) was ¥65 per year (interim ¥32.50 + year-end ¥32.50).
ESG
In line with TCFD, the company has set a long-term target of "carbon neutrality by 2050," aiming to reduce Scope 1 and 2 GHG emissions by 50% by 2030 compared to 2013 levels (the medium-term management plan targets a 40% reduction by 2028). GHG emissions in 2025 were 27 thousand t-CO2 for Scope 1 and 281 thousand t-CO2 for Scope 2. Regarding human capital, the company discloses a female manager ratio of 5.1% (target of 8.0% or more by 2028), a male childcare leave take-up rate of 73.0% (target of 80% or more), and training investment per employee of ¥83,271 per year (2025 actual results), while promoting various initiatives such as a fully flexible working hours system, a work-from-home system, and the promotion of health management.
Last updated: March 25, 2026