MEC COMPANY LTD.
4971・Prime Market・Chemicals
Governance
Company with an Audit and Supervisory Committee. Of the 7 directors, 4 (including 3 Audit and Supervisory Committee members) are outside directors (all designated as independent officers). A Nomination and Compensation Advisory Committee (with a majority of independent outside members) has been established. During the fiscal year under review, the Board of Directors met 17 times and the Nomination and Compensation Advisory Committee met 7 times. The attendance rate for all directors was 100%.
Risk Management
The company has established a Risk Management Committee (a subordinate body of the Internal Control Committee) chaired by the President, and has set up a management responsibility framework for each individual risk based on the MEC Group Risk Management Regulations. Important matters are reported semi-annually to the Risk Management Committee and the Compliance Committee, and climate-related risks are referred to the Board of Directors as needed via the ESG Committee.
Shareholder Returns
Dividends are paid twice a year. The annual dividend for FY2025 (ending December 2025) is ¥96 per share (interim ¥25 + year-end ¥71). For FY2026 (ending December 2026), following a revision to earnings forecasts, the annual dividend is expected to increase to ¥110 per share (interim ¥55 + year-end ¥55). The company's policy is to conduct share buybacks flexibly.
Dividend Policy
The basic policy is a consolidated payout ratio of 35% or more and a consolidated DOE (dividend on equity) of 4.0% or more, with dividends paid twice a year through interim and year-end dividends. For FY2026 (ending December 2026), the dividend forecast has been revised in line with the revision to earnings forecasts, and the annual dividend is now expected to be ¥110 per share (interim ¥55 + year-end ¥55). The Articles of Incorporation stipulate that dividends of surplus may be determined flexibly by resolution of the Board of Directors.
ESG
Conducted climate change scenario analysis (1.5/2°C and 4°C scenarios) based on TCFD recommendations, setting a target of a substantial 50% reduction in domestic Scope 1 and 2 emissions by 2030 (base year FY2017) and net zero by 2050. In human capital, the company has set targets for FY2030 of a female manager ratio of 30% or higher and a male childcare leave uptake rate of 85% or higher; the current male childcare leave uptake rate is 90.91%, already surpassing the target. The company is advancing ESG management centered on six materiality themes: R&D, procurement/production/logistics, environmental conservation, quality and safety, human resource utilization, and strengthening of management foundations.
Last updated: March 23, 2026