Nippon Carbon Co.,Ltd.
5302・Prime Market・Glass & Ceramics Products
Governance
Company with a Board of Corporate Auditors. As of the filing date of the Annual Securities Report, there are 4 directors (2 outside, outside ratio 50%) and 3 corporate auditors (2 outside). At the Ordinary General Meeting of Shareholders scheduled for March 27, 2026, a transition to 5 directors (3 outside) is planned. No nomination committee or compensation committee has been confirmed to be established. The company has adopted a policy for responding to large-scale purchases (takeover defense measures) and has established an independent committee.
Risk Management
Risk management is overseen centrally by the Ethics and Compliance Committee, under which the Ethics and Compliance Management Office has been established. Business risks are comprehensively identified, and material risks are determined after assessing their impact and likelihood of occurrence, with ongoing monitoring and review of countermeasure progress. A basic crisis management manual has been established, providing a response framework categorized into company-wide crises and individual crises. Internal and external whistleblowing contact points (including outside attorneys) have also been set up.
Shareholder Returns
The annual dividend forecast for FY2026 (ending December 2026) is ¥200 per share (interim ¥100, year-end ¥100), maintaining the same amount as the previous period. Share buybacks have already been executed based on the resolution of the Board of Directors meeting held on February 10, 2026 (an increase of ¥148 million / 318 hundred shares during the first quarter). Both the earnings forecast and dividend forecast remain unchanged.
Dividend Policy
The basic policy is to pay dividends twice a year (interim and year-end); the dividend forecast for FY2026 (ending December 2026) is ¥200 per share (interim ¥100, year-end ¥100), the same amount as the previous period's actual results. Strengthening shareholder returns is set as a priority issue in the medium-term management policy "GO BEYOND 2030."
ESG
Conducted two scenario analyses (below 2°C and 4°C) based on TCFD recommendations, identifying carbon pricing, rising energy costs, and raw material price increases as key risks, while assessing increased demand for EV-related products, artificial graphite electrodes, and energy-saving products as opportunities. As a GHG reduction target, the company has set a goal of reducing energy intensity by 1% per year, aiming for carbon neutrality by 2050. In terms of human capital, the company has set a 2030 target for the ratio of female managers (double the FY2021 level), and achieved a male childcare leave uptake rate of 75.0% in FY2025, significantly exceeding its target (over 20%).
Last updated: March 25, 2026