Daicel Corporation
4202・Prime Market・Chemicals
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 11 members (6 outside directors, a majority), and the company has adopted an executive officer system to separate oversight from business execution. It has established an "Officer Personnel and Compensation Committee" chaired by an outside director, ensuring transparency and objectivity in personnel and compensation decisions.
Risk Management
The company has established a Risk Management Committee chaired by a Senior Managing Executive Officer, which oversees risk management across organizational units through a CAPD cycle. A framework is in place to identify material risks and report the progress of countermeasures to the Management Committee and the Board of Directors at fiscal year-end.
Shareholder Returns
Continuing target policy of DOE of 4% or more and total shareholder return ratio of 40% or more. The annual dividend for FY2026 (ending March 2026) is ¥60 per share (interim ¥30 + year-end ¥30), unchanged from the previous fiscal year. Due to a significant decrease in net income attributable to owners of parent, the payout ratio is 154.8%. Share buybacks of approximately 10.09 million shares (approximately ¥13,753 million) were conducted from November 2025 to March 2026, resulting in a total shareholder return ratio of 288.6% for the fiscal year. The dividend forecast for FY2027 (ending March 2027) is scheduled to be announced on May 22, 2026, together with the new medium-term strategy.
Dividend Policy
The company targets a DOE (dividend on equity ratio) of 4% or more, and also targets a total shareholder return ratio—combining dividends and flexible share buybacks—of 40% or more each fiscal year. Dividends are paid twice a year (at the end of the second quarter and at year-end). The annual dividend for FY2026 (ending March 2026) is ¥60 per share (interim ¥30 + year-end ¥30), with a payout ratio of 154.8% and DOE of 4.4%. The dividend forecast for FY2027 (ending March 2027) is scheduled to be announced on May 22, 2026, together with the new medium-term strategy.
ESG
The company has established 15 materiality items centered on the Sustainable Management Committee chaired by the President, and has set targets of reducing GHG emissions by 50% by FY2030 (compared to FY2018) and achieving carbon neutrality by 2050. It is promoting multifaceted ESG initiatives, including human rights due diligence, DE&I promotion, and health management (certified as a Health & Productivity Management Outstanding Organization (White 500) for six consecutive years).
Last updated: June 17, 2026