NIPPON CARBIDE INDUSTRIES CO.,INC.
4064・Prime Market・Chemicals
Governance
The company is structured as a company with a board of company auditors, comprising 6 directors (including 2 outside directors, all of whom are independent officers). A Nomination and Compensation Committee has been established as a voluntary advisory body to the Board of Directors. All 4 company auditors are outside auditors, and the audit function is strengthened through coordination with the Internal Audit Office.
Risk Management
The Risk Management Committee (meeting four times a year), with the Corporate Planning Department serving as its secretariat, identifies and manages material risks and reports to the Board of Directors twice a year. For climate change response, a TCFD Promotion Team has been established, working in coordination with the SDGs Promotion Committee to build a framework for managing risks and opportunities.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥92 per share (interim ¥41 + year-end ¥51), with a payout ratio of 32.9%. Under the new medium-term management plan, the shareholder return policy has been raised to "targeting whichever is higher of a 40% payout ratio or a DOE of 3.0%." The forecast for FY2027 (ending March 2027) is ¥134 per share (payout ratio of 40.3%).
Dividend Policy
The annual dividend for the current fiscal year (FY2026, ending March 2026) is ¥92 per share (interim ¥41 + year-end ¥51), with total dividends of ¥857 million, a payout ratio of 32.9%, and a dividend-on-equity ratio of 2.3%. The previous policy was to "aim for a payout ratio of 30% or more and continue stable dividends." Following the announcement of the new medium-term management plan on March 13, 2026, the shareholder return policy has been revised to "aim for whichever is higher of a 40% payout ratio or a DOE (dividend on equity) of 3.0%, and continue stable dividends." The annual dividend forecast for FY2027 (ending March 2027) is ¥134 per share (interim ¥67 + year-end ¥67), with a forecast payout ratio of 40.3%.
ESG
Implements climate change disclosures based on TCFD, achieving a 47% reduction in Scope 1 and 2 GHG emissions in FY2025 compared to FY2013 levels (target achieved). In terms of human capital, the company focuses on diversity and talent development through next-generation management training programs, DE&I promotion, and Certified Health & Productivity Management Outstanding Organization recognition, and has set a goal to increase the ratio of female managers (target for FY2030: 10% or more across the domestic group).
Last updated: June 25, 2026