STELLA CHEMIFA CORPORATION
4109・Prime Market・Chemicals
Governance
The company operates as a company with an audit and supervisory committee, with a board of 13 directors (including 5 outside directors, all of whom serve on the audit and supervisory committee). It has established a voluntary nomination and compensation committee (chaired by an independent outside director), striving to ensure transparency and soundness in management.
Risk Management
The company has established a Risk Management Committee (meeting at least semi-annually) and a Sustainability Committee to identify and understand various risks, deliberate countermeasures, and monitor progress. A system has been built whereby the results are reported to the Board of Directors.
Shareholder Returns
The annual dividend for FY2026 (ending March 2026) is ¥180 per share (interim ¥85 + year-end ¥95, including a commemorative dividend of ¥10), with a payout ratio of 69.6%. The 4th Medium-Term Management Plan (FY2026 (ending March 2026) through FY2028 (ending March 2028)) targets a cumulative total payout ratio of 100% or more over the three years, with an annual dividend floor of ¥170. For FY2027 (ending March 2027), an annual dividend of ¥180 (¥90 interim and ¥90 year-end) is planned. In the current fiscal year, treasury stock disposal of ¥2,058 million was carried out.
Dividend Policy
The basic policy is to pay dividends twice a year, at the interim and year-end, implementing stable and continuous dividends after comprehensively considering financial condition and profit levels. During the period of the 4th Medium-Term Management Plan (FY2026 (ending March 2026) through FY2028 (ending March 2028)), the annual dividend per share floor is set at ¥170, with a target cumulative total payout ratio of 100% or more over the three years. In commemoration of the company's 110th founding anniversary on February 1, 2026, a commemorative dividend of ¥10 per share will be paid as part of the FY2026 (ending March 2026) year-end dividend (year-end dividend consisting of ordinary dividend of ¥85 plus commemorative dividend of ¥10 = ¥95). This does not mean that a total payout ratio of 100% or more is targeted for each individual fiscal year; the allocation between dividends and share buybacks will be determined based on future earnings outlook, stock price trends, and other factors.
ESG
The company addresses five materiality issues (business contribution, climate change response, a rewarding work environment, respect for human rights, and governance enhancement) primarily through the Sustainability Committee established in April 2023. GHG emissions (Scope 1 and 2) were 19,956t in FY2026 (ending March 2026) results, a 22% reduction versus fiscal 2013, with targets of a 46% reduction by 2030 and carbon neutrality by 2050. In terms of human capital, the company achieved an 85% paid leave utilization rate and a 67% male childcare leave utilization rate, and is promoting the development of autonomous personnel and improvement of the workplace environment.
Last updated: June 18, 2026