MITANI SEKISAN Co., Ltd.
5273・Standard Market・Glass & Ceramics Products
Governance
The Board of Directors consists of 7 members, including 1 outside director (the company has a Board of Corporate Auditors), and also maintains a Executive Management Council (9 members) to ensure a swift business execution structure. The outside director ratio is low at approximately 14.3%, and no nomination or compensation committee has been established.
Risk Management
The General Manager of the Administration Division serves as the company-wide Chief Risk Management Officer, and risk management is operated based on the Risk Management Regulations. A system has been established whereby risks identified at business divisions and affiliated companies are reported to the President and the Board of Directors through branch manager meetings and monthly hearings. Regarding sustainability risks, the company plans to establish a dedicated committee going forward.
Shareholder Returns
The company's basic policy is stable dividends, paid twice a year. For FY2026 (ending March 2026), the annual dividend is ¥201.0 per share (interim ¥81.0 + year-end ¥120.0), total dividends of ¥3,530 million, and a payout ratio of 25.7%. Share buybacks were also conducted (189,000 shares, ¥1,432 million). For FY2027 (ending March 2027), an annual dividend of ¥43.50 (post-split) is planned.
Dividend Policy
The basic policy is to provide stable returns to shareholders, while giving due consideration to retaining earnings to strengthen the company's financial position and fund future capital expenditure, R&D, M&A, and other business development, with dividends determined based on comprehensive consideration of business performance. Dividends are paid twice a year: an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved at the General Meeting of Shareholders). For FY2026 (ending March 2026), the annual dividend is ¥201.0 per share (interim ¥81.0 + year-end ¥120.0), total dividends of ¥3,530 million, and a payout ratio of 25.7%. Note that a 4-for-1 stock split was conducted effective April 1, 2026, which is equivalent to an annual dividend of ¥50.25 on a post-split basis. For FY2027 (ending March 2027), an annual dividend of ¥43.50 (interim ¥21.75 + year-end ¥21.75) is planned on a post-split basis, with a target payout ratio of 30.0%.
ESG
Started calculating CO₂ emissions (Scope 1 and 2) at 12 domestic plants, achieving a 60% reduction in cement-derived CO₂ (based on the company's own estimates) through a new technology utilizing blast furnace slag. On the human capital front, the company continues to hire new graduates and mid-career employees, runs a one-year new employee training program, and has obtained certification as an Excellent Enterprise of Health and Productivity Management, among other initiatives to promote talent development and employee health. However, quantitative indicators and targets have not yet been established.
Last updated: June 25, 2026