NORITAKE CO.,LIMITED
5331・Prime Market・Glass & Ceramics Products
Governance
An audit and supervisory committee company (transitioned in June 2023). The Board of Directors consists of 10 members (5 of whom are outside directors), and a Nomination and Compensation Committee has been established with a majority of independent outside directors. The executive officer system is used to accelerate decision-making.
Risk Management
The Risk Management Committee, under the Sustainability Steering Committee, identifies material risks and formulates response policies, with progress reported regularly to the Board of Directors. The company has established crisis management regulations, a Compliance Committee, and an internal whistleblowing system, building a risk management framework across the group as a whole.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥180 per share (interim ¥80 + year-end ¥100), with a payout ratio of 35.6%. During the 13th Medium-Term Management Plan period, the company will implement progressive dividends with a floor of ¥70 per share annually (post-split basis), and together with flexible share buybacks, aims for a total return ratio of 50% or more (cumulative over 3 fiscal years). For FY2027 (ending March 2027), an annual dividend of ¥100 (post-split basis) is planned.
Dividend Policy
The basic policy is to continue stable dividends over the long term and maintain a consolidated payout ratio of 35% or more. During the 13th Medium-Term Management Plan period (FY2026 (ending March 2026) to FY2028 (ending March 2028)), the company will implement progressive dividends with a floor of ¥70 per share annually (post-split basis, effective April 1, 2026), and together with flexible share buybacks, aims for a total return ratio of 50% or more (cumulative over 3 fiscal years). The annual dividend for FY2026 (ending March 2026) is planned at ¥180 per share (pre-split basis), and for FY2027 (ending March 2027) at ¥100 per share annually (post-split basis, equivalent to ¥200 pre-split). Dividends are paid twice a year, interim and year-end.
ESG
The company has identified six materialities (reducing environmental impact, providing new value, ensuring stable quality supply, well-being, employee engagement, and strengthening governance), and endorses the TCFD recommendations. It has set a target of reducing CO2 emissions (Scope 1 and 2) by 50% by FY2030 compared to FY2018 levels, and discloses human capital indicators such as a 96.2% rate of paternity leave uptake among male employees and an increase in the number of female managers.
Last updated: June 22, 2026