OTSUKA CORPORATION
4768・Prime Market・Information & Communication
Governance
Company with a Board of Corporate Auditors. The Board of Directors comprises 10 members including 3 outside directors (12 members including 5 outside directors after approval at the shareholders' meeting on March 27, 2026); an executive officer system separates execution from oversight. A Nomination and Compensation Committee, with a majority of independent outside directors, has been established to ensure transparency and fairness.
Risk Management
The company has established a Risk Management Committee, Compliance Committee, Internal Control Committee, and Sustainability Committee under the Managing Executive Officers' Committee, which oversee the identification, evaluation, and response to company-wide risks. Climate change-related risks are led by the Sustainability Committee, which conducts monthly monitoring and reports to the Board of Directors twice a year. Disclosures are also made in line with TCFD recommendations.
Shareholder Returns
For FY2026 (ending December 2026), the annual dividend forecast is ¥95 per share (interim ¥50, year-end ¥45), an increase of ¥5 year on year. Despite a forecast decline in full-year net income, the company plans to raise the dividend. No mention of share buybacks is made in this financial results announcement.
Dividend Policy
The basic policy is to maintain stable dividends, paid twice a year (interim and year-end). The FY2025 (ending December 2025) actual dividend was ¥90 annually (interim ¥45, year-end ¥45). The forecast for FY2026 (ending December 2026) is ¥95 annually (interim ¥50, year-end ¥45), an increase of ¥5 year on year. The company plans to increase the dividend even as full-year net income is forecast at ¥61,130 million (down 4.9% year on year). No specific numerical target for the payout ratio is stated in this financial results announcement.
ESG
In February 2025, the company re-identified its materiality issues into nine categories (customer base, human capital, environmental conservation, etc.). Regarding climate change, the company has obtained SBTi certification and set a target of a 42% reduction in Scope 1+2 emissions by 2030, achieving a 23.4% reduction versus the base year as of 2025. In terms of human capital, the company achieved a female manager ratio of 12.6% (target revised upward to 13%), a male childcare leave uptake rate of 63.5%, and an employment rate of persons with disabilities of 2.76%. The company was certified as an Excellent Health & Productivity Management Corporation 2025 for the second consecutive year. Supply chain human rights due diligence was also conducted.
Last updated: March 26, 2026