Miraial Co., Ltd.
4238・Standard Market・Chemicals
Governance
Company with an Audit and Supervisory Committee. The Board of Directors comprises 6 members (3 outside directors, of whom 3 are independent officers), and a multi-layered governance structure has been established, including a Nomination and Compensation Committee (chaired by an outside director) established in December 2021. The Board of Directors met 21 times during the fiscal year under review, with all directors attending every meeting.
Risk Management
The company has established a Risk Management Committee headed by the President and Representative Director, under which each responsible department identifies and analyzes risks related to compliance, the environment, disasters, quality, information security, export control, and other areas. In coordination with the Sustainability Committee, the company also identifies and assesses sustainability-related risks, and has built a system whereby an emergency response headquarters is established to respond in the event a risk incident occurs.
Shareholder Returns
Dividend for Q1 of FY2027 (ending January 2027) has not yet been determined (year-end dividend also undetermined). The forecast for the dividend as of the second quarter-end is ¥30. At the Board of Directors meeting held on June 1, 2026, a resolution was passed to acquire treasury shares. The company continues its stable dividend policy, setting the floor at whichever is higher between a total payout ratio of 30% or a DOE of 2%.
Dividend Policy
The basic policy is to pay dividends twice a year, an interim dividend and a year-end dividend, targeting a stable dividend with a floor set at whichever is higher between a total payout ratio of 30% or a DOE of 2%. For FY2027 (ending January 2027), the forecast dividend as of the second quarter-end of ¥30 has already been disclosed, but the year-end dividend remains undetermined at this time. Actual results for the previous fiscal year (FY2026, ended January 2026) were an interim dividend of ¥10 and a year-end dividend of ¥40 (total of ¥50).
ESG
In February 2024, the Board of Directors resolved the Sustainability Basic Policy, and a Sustainability Committee was established during the same fiscal year. The company has identified seven materiality issues spanning E (climate change response: CO2 reduction and renewable energy promotion), S (human resource development, safe working environment, community contribution, biodiversity conservation), and G (strengthening governance, promoting sustainability management), and is advancing specific measures such as improving the ratio of female managers, achieving a 50% male childcare leave uptake rate, and examining Scope 3 reduction measures.
Last updated: April 22, 2026