Showa Chemical Industry Co., Ltd.
4990・Standard Market・Chemicals
Governance
The company has adopted the audit and supervisory committee structure, with the board of directors comprising 6 members (of whom 2 are outside directors, all serving as audit and supervisory committee members). The board of directors met 14 times during the fiscal year, with all members attending every meeting. A sustainability promotion framework has also been established.
Risk Management
Based on the "Risk Management Regulations," the Company has established a Risk Management Committee chaired by the Representative Director and President, and each department periodically discusses risk identification, analysis, and countermeasures. In coordination with the Sustainability Promotion Council, the Company identifies and manages materiality items, including ESG risks.
Shareholder Returns
Basic policy is to continue stable dividends; the annual dividend for FY2026 (ending March 2026) was increased to ¥10 per share (interim ¥3 + year-end ¥7). Dividend payout ratio is 17.0%, with total dividends of ¥109 million. The forecast for FY2027 (ending March 2027) is planned to be reduced to an annual ¥6 (interim ¥3 + year-end ¥3). Regarding treasury share repurchases, the articles of incorporation allow flexible execution based on a resolution of the Board of Directors.
Dividend Policy
The basic policy is to continue paying stable dividends on an ongoing basis. The articles of incorporation stipulate that the Board of Directors may resolve to pay an interim dividend with a record date of September 30 each year, enabling dividends to be paid twice a year in combination with the year-end dividend. The annual dividend for FY2026 (ending March 2026) is ¥10 per share (interim ¥3 + year-end ¥7). The dividend forecast for FY2027 (ending March 2027) is planned to be an annual ¥6 per share (interim ¥3 + year-end ¥3); however, since the earnings forecast of equity-method affiliate Obex Inc. has not yet been determined, this may be subject to change depending on future business trends. The policy is to retain internal reserves as a funding source for effective capital investment and R&D activities.
ESG
The company supports the TCFD recommendations and has set a target of reducing CO₂ emissions by 20% by FY2030 compared to FY2023 levels. On the human capital front, it has set a target of raising the proportion of female managers to 10% or more by the end of March 2029 (4.9% actual in FY2025), and is also engaged in annual human rights due diligence and the promotion of health management, among other initiatives.
Last updated: June 24, 2026