Showa Holdings Co., Ltd.
5103・Standard Market・Rubber Products
Governance
Company with an Audit and Supervisory Committee (transitioned in 2016). Composed of 9 directors, including 5 outside directors (a majority), with regular board meetings held once a month. A notably low attendance rate by certain directors (Nicholas James Gronow and Atsushi Hosono were absent from all 12 meetings) is recognized as an issue.
Risk Management
The Company has established a system in which each department head periodically reports the status of risk management to the Board of Directors. Specialized committees for environment, quality, and occupational health and safety have been established, and a framework has been built whereby each business segment head identifies sustainability risks, which are then reported to the Executive Officers' Committee.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥0.00 (no dividend). The forecast for FY2027 (ending March 2027) also projects ¥0.00, indicating continued no dividend. A small amount of treasury stock was repurchased (¥5 thousand for the current period). Payout ratio and dividend-to-net-assets ratio are not disclosed.
Dividend Policy
The annual dividend for FY2026 (ending March 2026) is ¥0.00 at each of the first quarter-end, second quarter-end, third quarter-end, and fiscal year-end, totaling ¥0.00 (no dividend). The forecast for FY2027 (ending March 2027) is likewise ¥0.00. Total dividend amount, payout ratio, and dividend-to-net-assets ratio are all undisclosed ("—").
ESG
Under the mid-term management plan "Re-growth," the company positions the resolution of social issues at the core of its business strategy. In terms of human capital, it promotes the appointment of women, foreign nationals, and mid-career hires to management positions, and practices diversity, with foreign nationals comprising more than half of officers and employees, including those at equity-method affiliates. Sustainability risk is managed through a reporting framework via the Executive Officers' Committee.
Last updated: June 24, 2026