MINO CERAMIC CO.,LTD.
5356・Standard Market・Glass & Ceramics Products
Governance
Structured as a company with an Audit and Supervisory Committee, comprising 9 directors (4 of whom are outside directors). A Nomination and Compensation Committee has been established as an advisory body to the Board of Directors to ensure independence and transparency.
Risk Management
Based on the "Risk Management Regulations," the Representative Director and President serves as the Chief Risk Management Officer, and the "Risk and Compliance Committee" meets once per quarter. Risks across departments and subsidiaries are centrally managed at management meetings, with efforts focused on preventing recurrence and proactively avoiding risks.
Shareholder Returns
The annual dividend for FY2026 (ending March 2026) is planned at ¥42 (interim ¥21, year-end ¥21), with a payout ratio of 34.5%. For FY2027 (ending March 2027), the dividend is expected to increase to ¥52 (interim ¥26, year-end ¥26). The company will continue its policy of gradual dividend increases, targeting a payout ratio of approximately 40% in the final year of its medium-term management plan (FY2028, ending March 2028).
Dividend Policy
The company positions the enhancement of shareholder returns as one of its most important management priorities, and its basic policy is to pay dividends twice a year, an interim dividend and a year-end dividend. Under the medium-term management plan (FY2025–27) "Take off - Challenge to a New Stage", the company aims to secure the internal reserves necessary for business growth while targeting a payout ratio of approximately 40% in the final year (FY2028, ending March 2028). The annual dividend for FY2026 (ending March 2026) is planned at ¥42 (payout ratio of 34.5%), and for FY2027 (ending March 2027) at ¥52 (forecast payout ratio of 38.1%).
ESG
Under its medium-term management plan, the company has set three sustainability goals—development of CN products, reduction of CO₂ emissions, and recycling—and is advancing the development of hydrogen combustion technology and the launch of next-generation energy-saving furnaces. On the human capital front, the company is also working to ensure diversity, including targets such as raising the ratio of female managers to 10% (target for FY2030 (ending March 2030)) and achieving a 100% take-up rate for male employees' childcare leave.
Last updated: June 26, 2026