Nitta Corporation
5186・Prime Market・Rubber Products
Governance
As a company with a Board of Corporate Auditors, the company has established a Board of Directors (8 members, including 3 outside directors) and a Board of Corporate Auditors (4 members, including 2 outside auditors), and separates decision-making from business execution through an executive officer system. It has also established a voluntary Nomination and Compensation Committee (chaired by an outside director) to ensure transparency and effectiveness of governance.
Risk Management
The company regularly convenes the Risk Management Committee, Sustainability Promotion Committee, and Compliance Promotion Committee to identify, analyze, and evaluate risks and conduct risk assessments. When a major event occurs, a crisis management headquarters is established, and the internal audit department also periodically conducts internal control audits across the entire group.
Shareholder Returns
Policy of continuing annual dividend increases of ¥10 or more per share, targeting a consolidated payout ratio of 30% or more and DOE of 2.5% or more. The annual dividend for FY2026 (ending March 2026) is ¥160 per share (interim ¥72 + year-end ¥88), with a payout ratio of 32.6%. For FY2027 (ending March 2027), ¥170 (interim ¥85 + year-end ¥85) is planned.
Dividend Policy
From FY2024 (ended March 2024) through FY2028 (ending March 2028) (until the end of SHIFT2030 Phase 2), the policy is to continuously implement stable and steady dividend increases (annual increases of ¥10 or more per share), targeting a consolidated payout ratio of 30% or more and DOE (dividend on equity ratio) of 2.5% or more. The annual dividend for FY2026 (ending March 2026) is ¥160 per share (interim ¥72 + year-end ¥88), with total dividends of ¥4,417 million, a payout ratio of 32.6%, and a net asset dividend ratio of 2.8%. This represents an increase of ¥25 compared to the previous period's ordinary dividend of ¥135 (excluding the ¥5 commemorative dividend). For FY2027 (ending March 2027), an annual dividend of ¥170 (interim ¥85 + year-end ¥85) is planned, with a payout ratio of 38.1% expected. Note that the FY2025 (ended March 2025) annual dividend of ¥140 included a ¥5 commemorative dividend for the company's 140th anniversary.
ESG
The company supports the TCFD recommendations and has set targets to reduce GHG emissions by 46% by FY2030 (compared to FY2013) and achieve carbon neutrality by 2050, promoting the introduction of an internal carbon pricing (ICP) system and a shift to renewable energy. In terms of human capital, the company has been selected as a Health & Productivity Stock (in 2023, 2024, and 2026) and is also working on diversity and work-style reforms, with a female manager ratio of 7.9% and a male childcare leave uptake rate of 121.4%.
Last updated: June 23, 2026