Toyo Asano Foundation Co.,Ltd.
5271・Standard Market・Glass & Ceramics Products
Governance
Company with an Audit and Supervisory Committee (transitioned in 2017). The Board of Directors consists of 11 members (6 internal directors and 5 Audit and Supervisory Committee members, of whom 4 are outside directors). A Nomination Committee and a Compensation Committee (each with 3 members, 2 of whom are outside directors) were established in March 2019 to ensure independence and transparency. The Board of Directors meets in principle once a month, and held 12 meetings during the fiscal year under review.
Risk Management
A framework has been established to identify, evaluate, and follow up on risks in the process of examining growth strategies. All important information related to business execution is submitted to or reported to the Board of Directors. An Internal Audit Office and Compliance Committee, both under the direct control of the President, have been established to monitor compliance with laws and regulations and to gather information through an internal consultation desk.
Shareholder Returns
The forecasted annual dividend for FY2027 (ending February 2027) is ¥85 (interim ¥40 + year-end ¥45), unchanged from the previous fiscal year's actual (¥85). No revision to the earnings forecast. Under the Articles of Incorporation, share buybacks may be conducted by resolution of the Board of Directors.
Dividend Policy
The forecasted annual dividend for FY2027 (ending February 2027) is ¥85 (¥40 at the end of Q2 + ¥45 year-end). This is planned to be the same amount as the previous fiscal year's actual (FY2026, ending February 2026: interim ¥40 + year-end ¥45 = ¥85). No revision from the most recently announced dividend forecast.
ESG
Sustainability is defined as "the medium- to long-term sustainability of the business" and is integrated into the management philosophy (customer first, pursuit of rationality, adherence to human ethics) and the medium-term management plan. Strengthening human capital (TAFCO-HR strategy: security, fairness, and growth) is a priority area, with efforts to promote diverse hiring, promotion to managerial positions, and various training programs. Specific ESG numerical targets have not yet been set. The company discloses that the proportion of women in managerial positions is 3.2%, and the rate of male employees taking childcare leave is 33.3%.
Last updated: May 26, 2026