GEOSTR Corporation
5282・Standard Market・Glass & Ceramics Products
Governance
The company has a Board of Corporate Auditors. The Board of Directors consists of 6 directors (3 of whom are outside directors) and the Board of Corporate Auditors consists of 4 auditors (2 of whom are outside auditors), and an executive officer system has been introduced. The Board of Directors meets 13 times per year, and a multi-layered governance structure has been established through the Risk Management Committee, Management Committee, and other bodies.
Risk Management
Company-wide risk management is implemented centering on the Risk Management Committee (held four times a year) and the risk control matrix maintained by the Internal Audit Office. Sustainability risks are examined in detail by the Environmental Conservation Committee and the Carbon Neutrality Promotion Committee, and a framework has been established to report important matters to the Management Meeting and the Board of Directors.
Shareholder Returns
Targets a consolidated payout ratio of approximately 30%, with an annual dividend per share floor of ¥10 during the FY2030 medium-term plan period. For FY2026 (ending March 2026), the company implemented an interim dividend of ¥4 and a year-end dividend of ¥9, totaling ¥13 (versus ¥11 in the prior period). The FY2027 (ending March 2027) forecast is ¥10 (interim ¥5, year-end ¥5). Share buybacks were also conducted (¥279 million).
Dividend Policy
The policy targets a consolidated payout ratio of approximately 30% annually, aiming to implement continuous and stable dividends while securing retained earnings. During the FY2030 medium-term management plan period (FY2027 through FY2031, ending March 2027 to March 2031), the annual dividend per share floor is set at ¥10. If net income fluctuates significantly due to temporary losses or gains from special factors, the dividend amount will be determined taking such impact into account. Actual results for FY2026 (ending March 2026) were ¥13 per share (interim ¥4, year-end ¥9; payout ratio 21.9%). The forecast for FY2027 (ending March 2027) is ¥10 per share (interim ¥5, year-end ¥5; payout ratio 16.6%). Note that for FY2027 (ending March 2027), gains of approximately ¥1.3 billion from the sale of cross-shareholdings are not incorporated into the dividend resource base, and the payout ratio calculated against net income after deducting such gains would be 31.9%.
ESG
Aiming to achieve carbon neutrality by 2040 (10 years ahead of the government target), the company has set a goal of reducing CO2 emissions by 30% by 2030 compared to 2021 levels (4,646t), and the FY2024 result of 4,161t has already achieved the target level. On the human capital front, the company has set targets of a 7% ratio of female managers (target by June 2031, currently 2.4%), 100% male childcare leave uptake rate, and 80% annual paid leave utilization rate, and is working on establishing flextime and work-from-home systems and improving the ratio of female hires (42.9% in FY2025).
Last updated: June 23, 2026