KAWAKAMI PAINT MFG.CO.,LTD.
4616・Standard Market・Chemicals
Governance
The Board of Directors is a company with a Board of Corporate Auditors, comprising 8 directors (including 1 outside director) and 3 corporate auditors (including 2 outside corporate auditors). No independent advisory committees such as a nomination committee or compensation committee have been established, and the outside director ratio is low at 12.5% (1/8). The takeover defense measure (response policy for large-scale purchases exceeding 25%) was renewed and approved at the Annual General Meeting of Shareholders held in February 2025, with its term of effect extending until the 113th Annual General Meeting of Shareholders scheduled to be held in February 2028.
Risk Management
Based on the Risk Management Regulations, each department responds under the guidance of the President, who serves as the general manager, and a system has been established to report important matters to the Management Committee. For each risk category—compliance, environment, disaster, quality, information security, export control, etc.—the responsible departments establish rules and guidelines, conduct training, and prepare manuals, implementing company-wide cross-functional risk monitoring. A Compliance Committee and an internal whistleblowing system have also been established.
Shareholder Returns
The basic policy is to pay a year-end dividend once a year, with the year-end dividend forecast for FY2026 (ending November 2026) set at ¥45 per share (an increase from ¥44 in the previous period). There is no share buyback or shareholder benefit program in place. No numerical target for the payout ratio has been disclosed.
Dividend Policy
The basic policy is to allocate profits in line with business performance, taking into account the need to maintain sufficient internal reserves for business trends, capital expenditure, and R&D. The basic approach is to pay a year-end dividend once a year, although interim dividends are also permitted under the articles of incorporation. Recent dividend record: year-end dividend of ¥44 per share for FY2025 (ending November 2025) (total of ¥43,849 thousand, including a ¥4 commemorative dividend for the company's 80th anniversary). For FY2026 (ending November 2026), the second-quarter-end dividend is ¥0, and the year-end dividend forecast is ¥45 (annual total of ¥45).
ESG
On the environmental front, the company established a Sustainability Promotion Committee (11 members) and began surveying and managing CO2 emissions and energy usage. Development of environmentally friendly paints (low-temperature baking type, powder coatings, paints with reduced content of substances subject to special regulations, etc.) is set as a key policy measure. On the human capital front, the company has set a target of achieving an average continuous years of service of 20 years or more for female employees by the end of March 2030; the actual figure for the fiscal year under review was 15.8 years for women (18.3 years for men). The company is also working on reducing overtime, promoting the use of paid leave, supporting childcare and nursing care, and ensuring diversity.
Last updated: February 20, 2026