COTA CO., LTD.
4923・Prime Market・Chemicals
Governance
Company with a Board of Corporate Auditors. Composed of 11 directors (7 full-time, 4 outside; outside ratio approx. 36.4%) and 3 corporate auditors (1 full-time, 2 outside). All 4 outside directors are independent officers (a lawyer, a career consultant, an LGBTQ advisor, and a consultant). No nomination committee or compensation committee has been confirmed to be established. The Board of Directors held 17 meetings during the fiscal year under review (including 5 extraordinary meetings), with all directors attending every meeting.
Risk Management
The company has established Crisis Management Regulations that stipulate countermeasures in the event of risk occurrence. Sustainability-related risks are identified and evaluated by the Corporate Planning Department in collaboration with relevant committees and departments, with the Board of Directors responsible for monitoring. Climate change risk is identified and evaluated under 1.5°C and 4°C scenarios by the Environmental Disclosure Subcommittee (a cross-functional organization comprising the Public Relations & IR, Corporate Planning, Accounting, General Affairs, Research, and Production departments), which reports to the Internal Control Committee and the Board of Directors. Occupational health and safety is managed through a monthly Health and Safety Committee, and the Business Continuity Plan (BCP) is also reviewed.
Shareholder Returns
The FY2026 (ending March 2026) annual dividend forecast is ¥20 per share (year-end lump sum), unchanged from the previous fiscal year. There is no change to the earnings forecast or dividend forecast. A stock split at a ratio of 1.05 shares per share is planned effective April 1, 2026 (earnings per share after considering the split would be ¥46.95).
Dividend Policy
The FY2026 (ending March 2026) annual dividend forecast is ¥20 per share (¥0 at the second-quarter end, ¥20 at year-end). Actual results for the previous fiscal year (FY2025, ended March 2025) were also ¥20 annually (¥0 at the second-quarter end, ¥20 at year-end), the same level. There is no revision from the most recently announced dividend forecast. Additionally, a stock split at a ratio of 1.05 shares per share is planned effective April 1, 2026, and earnings per share after considering the split would be ¥46.95.
ESG
The company has identified seven materialities (thorough implementation of its business model, safe and reliable product development, enhancement of human capital, dialogue with investors, countermeasures against unauthorized sales, enhancement of governance, and preservation of the global environment). Regarding climate change, it conducted 1.5°C and 4°C scenario analyses and began measuring Scope 1 and 2 GHG emissions (totaling 1,172 t-CO₂e in the 46th fiscal period). In terms of human capital, it established a dedicated education department and conducted 19 types of in-house training programs; in the 46th fiscal period, the number of employees was 390, average years of service was 10.4 years, and the turnover rate was 6.5%. Quantitative reduction targets and human capital KPI targets have not yet been set at this stage.
Last updated: June 23, 2025