USS Co.,Ltd.
4732・Prime Market・Services
Governance
Company with a Board of Corporate Auditors. Comprised of 7 directors (3 outside) and 3 corporate auditors (all outside). A Nomination and Compensation Committee has been established as an advisory body to the Board of Directors, consisting of 5 members including 3 outside directors. Board effectiveness evaluations are conducted annually via questionnaire.
Risk Management
Risks related to auctions, information processing, finance, etc. are handled by each division, and reports are made to the President and Representative Director through the responsible director. The company has established the "USS Code of Conduct and Ethics" and a Compliance Manual, and has set up an internal reporting system contact point (with a separate contact point for cases involving officers). For sustainability-related risks, materiality is identified with reference to the GRI Standards and the SDGs, KPIs are set, and management is conducted through a PDCA cycle.
Shareholder Returns
For FY2026 (ending March 2026), the annual dividend is ¥54.70 per share (consolidated payout ratio of 61.4%), marking 26 consecutive periods of dividend increases since the company's listing. From FY2026 (ending March 2026), the policy targets a consolidated payout ratio of 60% or more, and a total shareholder return ratio of 100% or more over the three-year period from FY2026 (ending March 2026) to FY2028 (ending March 2028), with share buybacks to be continued.
Dividend Policy
The company uses the consolidated payout ratio as its key metric, raising it to 60% or more from FY2026 (ending March 2026). It has set a policy of achieving a total shareholder return ratio of 100% or more over the three-year period from FY2026 (ending March 2026) to FY2028 (ending March 2028), and plans to conduct share buybacks every period. Dividends are paid twice a year, as an interim dividend and a year-end dividend. The annual dividend for FY2026 (ending March 2026) is ¥54.70 per share (interim ¥25.20 + year-end ¥29.50), with total dividends of ¥25,375 million and a consolidated payout ratio of 61.4%. For FY2027 (ending March 2027), the annual dividend is forecast at ¥55.00 per share (interim ¥27.50 + year-end ¥27.50), with an expected payout ratio of 60.0%. As a subsequent event, at the Board of Directors meeting on May 12, 2026, a resolution was passed to acquire treasury shares of common stock up to 12,000,000 shares (upper limit) with a total acquisition price of up to ¥18,000 million (upper limit), via a facility-type share buyback through ToSTNeT-3.
ESG
Climate change disclosure is conducted based on the TCFD framework. SBT certification was obtained in October 2023, with targets to reduce Scope 1+2 emissions by 42% by FY2031 (ending March 2031) (compared to FY2022 (ending March 2022)) and Scope 3 emissions by 25%. In terms of human capital, the ratio of female managers stood at 5.6% (achieving the FY2025 target of 5% or more), and the employment rate of persons with disabilities was maintained at 2.73%. The CDP Climate Change score was rated "A-" in both 2024 and 2025, and the MSCI ESG Rating was "A".
Last updated: June 22, 2026