JAPAN INSULATION CO., LTD.
5368・Standard Market・Glass & Ceramics Products
Governance
As a company with a board of statutory auditors, the governance structure is centered on a 7-member Board of Directors (3 outside directors) and a 3-member Board of Statutory Auditors (2 outside auditors). In the governance reform in the second half of FY2021, a management committee was newly established to which deliberation of individual matters was transferred, and in June 2022 an executive officer system was introduced to accelerate decision-making.
Risk Management
The Risk Management Committee, chaired by the Representative Director and President, meets twice a year to identify and evaluate potential risks and deliberate on preventive measures. In coordination with the Compliance Committee (which meets once per quarter), the company promotes risk management through a PDCA cycle, and also manages sustainability- and human rights-related risks in an integrated manner.
Shareholder Returns
The company's basic policy is to pay a single year-end dividend once per year, implementing continuous and stable dividends. The dividend per share for FY2026 (ending March 2026) is ¥40 (total dividends of ¥346 million, payout ratio of 29.4%). ¥40 per share is also forecast for FY2027 (ending March 2027). Share buybacks are effectively zero (only the equivalent of ¥11).
Dividend Policy
The company's basic policy is to pay a single year-end dividend once per year, implementing continuous and stable dividends. For FY2026 (ending March 2026), the dividend per share is ¥40 (total dividends of ¥346 million, payout ratio of 29.4%, dividend on equity ratio of 2.4%). This represents an increase from the previous period (FY2025, ended March 2025), when the dividend per share was ¥37 (total dividends of ¥320 million). The forecast for FY2027 (ending March 2027) is unchanged at ¥40 per share (payout ratio of 47.2%). Retained earnings are allocated to preparation for business development and research and development expenses.
ESG
The company has set "Promotion of Sustainability Management" as the basic theme of its medium-term management plan, targeting a 46% reduction in GHG emissions by 2030 (versus 2013 levels) and carbon neutrality by 2050; the FY2025 result achieved a 26.5% reduction. On the human capital front, the company has obtained the Certified Health & Productivity Management Outstanding Organization 2026 recognition for the fifth consecutive year, and discloses metrics such as a 75% male childcare leave utilization rate and a 72% paid leave utilization rate.
Last updated: June 22, 2026