Milbon Co., Ltd.
4919・Prime Market・Chemicals
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 12 members (of which 5 are outside directors), with a voluntary Nomination Committee and Compensation Committee (to be integrated into a Nomination and Compensation Committee from March 2026) and a Governance Committee established. Independent outside directors hold a majority, strengthening the oversight function. The Board of Directors meets 12 times a year, with an overall attendance rate of over 92%.
Risk Management
The company has established a Risk Management Committee chaired by the Representative Director and President to identify and manage company-wide risks. The Internal Audit Department and Legal Department collaborate to promote risk management activities, with a system in place to regularly report progress to the Board of Directors. Internal and external whistleblower hotlines have also been established to facilitate early detection of compliance violations.
Shareholder Returns
FY2025 actual annual dividend was ¥88 per share (interim ¥40, year-end ¥48). The FY2026 forecast maintains the same annual dividend of ¥88 per share (interim ¥40, year-end ¥48). As a subsequent event, a disposal of treasury shares (32,274 shares) for restricted stock compensation purposes was carried out in May 2026.
Dividend Policy
The basic policy is to distribute returns in line with business performance, paying dividends twice per fiscal year (interim and year-end). The FY2025 actual annual dividend was ¥88 per share (interim ¥40, year-end ¥48). The FY2026 forecast is also ¥88 per share annually (interim ¥40, year-end ¥48), unchanged from the previous forecast.
ESG
The mid-term business vision (FY2022-FY2026) sets out the "Five Priority Sustainability Commitment Issues." On climate change response, CO2 emissions at the Yumegaoka Plant have been reduced by 81.4% versus 2019 levels (achieving the 2026 target of 75%), with the group aiming for carbon neutrality by 2050. On human capital, the company discloses a female manager ratio of 14.7% (2030 target: 20%), a paid leave utilization rate of 75.6%, and a young employee turnover rate of 12.8% (2030 target: 6%). Environmental and procurement KPIs are also set and managed, including an RSPO-certified palm oil adoption rate of 50.8% and a 16.4% reduction in petroleum-derived virgin plastic usage (versus 2020 levels).
Last updated: April 15, 2026