NOZAWA CORPORATION
5237・Standard Market・Glass & Ceramics Products
Governance
Structured as a company with a Board of Corporate Auditors, comprising 11 directors (including 2 outside directors, all designated as independent officers), with regular Board of Directors meetings held once a month. The 2 outside directors attended all 15 Board of Directors meetings, demonstrating an effective oversight function.
Risk Management
The company has established a Risk Management Department (headed by a director who serves as its General Manager) based on its Risk Management Regulations, and has set up a Compliance Awareness and Education Committee as well as a Compliance Hotline. The Audit Office (staffed by two dedicated personnel) conducts internal audits of group companies, with results reported to the Representative Director, the Board of Directors, and the Board of Corporate Auditors.
Shareholder Returns
Dividend per share for FY2026 (ending March 2026) was ¥43 (an increase from ¥40 in the previous period), with total dividends of ¥511 million and a payout ratio of 83.4%. A dividend of ¥43 is also planned for FY2027 (ending March 2027) (forecast payout ratio of 32.4%). A small amount of treasury stock was repurchased.
Dividend Policy
The basic policy is to pay dividends once a year at fiscal year-end. Dividend per share for FY2026 (ending March 2026) was ¥43 (an increase of ¥3 from the previous period), with total dividends of ¥511 million, a consolidated payout ratio of 83.4%, and a dividend-on-equity ratio of 2.4%. The forecast dividend for FY2027 (ending March 2027) is ¥43 (forecast payout ratio of 32.4%). Note that details of the dividend policy (such as payout ratio targets or DOE targets) are not explicitly stated in this financial results report.
ESG
The company has obtained SBT (Science Based Targets) initiative certification, setting goals of a 50% reduction in CO2 emissions by 2030 (versus 2018) and carbon neutrality by 2050; the FY2024 result was a 31% reduction. In terms of human capital, the company has achieved a 100% male childcare leave uptake rate and a 25.0% ratio of female new graduate hires (target: 50%), among other efforts to promote diversity and improve work-life balance.
Last updated: June 25, 2026