Okura Industrial Co., Ltd.
4221・Prime Market・Chemicals
Governance
Company with an Audit and Supervisory Committee. As of the filing date of the Annual Securities Report, the Board of Directors consists of 11 members (5 excluding Audit and Supervisory Committee members, plus 6 Audit and Supervisory Committee members), with 5 outside directors (including 4 independent officers) constituting a majority of the Audit and Supervisory Committee. The Company has established a voluntary Nomination and Compensation Committee (chaired by an independent outside director), a Compliance Committee, and a Sustainability Committee to strengthen its oversight functions.
Risk Management
The Compliance Committee (chaired by the President, Representative Director and Executive Officer, and composed of all directors, meeting twice a year) works together with the Compliance Implementation Committee to address a wide range of risks, including legal, HR/labor, funding, quality, environmental, and information security risks. The Sustainability Committee manages sustainability risks, including climate change risk, while the Internal Control & Audit Office works in coordination with the Audit and Supervisory Committee and the accounting auditor to audit the effectiveness of internal controls.
Shareholder Returns
The basic policy is DOE (dividend on equity) of 3.0% or more and a payout ratio of 30% or more, with dividends at a DOE level of 4.0% planned during the medium-term management plan period. Actual dividend for FY2025 (ending December 2025) was ¥195 per share (interim ¥95 + year-end ¥100), and the forecast for FY2026 (ending December 2026) is ¥220 (interim ¥110 + year-end ¥110).
Dividend Policy
A stable dividend policy with the basic principle of continuing a consolidated dividend on equity (DOE) of 3.0% or more and a payout ratio of 30% or more. During the medium-term management plan (2027) period, a special dividend equivalent to DOE of 1.0% will be added on top of the ordinary dividend, achieving a combined dividend level of DOE 4.0%. Actual dividend for FY2025 (ending December 2025) was ¥195 per share (interim ¥95 + year-end ¥100), and the forecast for FY2026 (ending December 2026) is ¥220 per share (interim ¥110 + year-end ¥110). Note that no dividend will be paid at the end of the first quarter of FY2026 (ending December 2026).
ESG
ESG initiatives are promoted centered on the Sustainability Committee (reporting directly to the Board of Directors, comprising 18 directors and executive officers in total, meeting twice a year). CO2 emissions (Scope 1 and 2) totaled 99,692 t-CO2 in FY2025 results (an 18.4% reduction versus 2021), with a target of a 25% or greater reduction versus 2021 by 2027. The company operates a certification system for its environmentally contributing product
Last updated: March 23, 2026