A&A Material Corporation
5391・Standard Market・Glass & Ceramics Products
Governance
Company with a Board of Corporate Auditors (2 of 6 directors are outside directors). An advisory Nomination and Compensation Advisory Committee, in which outside directors form a majority and chair the committee, has been established as an advisory body to the Board of Directors, ensuring independence and transparency in nominations and compensation. An executive officer system has also been introduced to separate decision-making from business execution.
Risk Management
The company has established an Internal Control Committee, chaired by the Head of Internal Control & Risk Management, which centrally manages risks across the group based on the Risk Management Regulations and the Risk Recognition List. For climate change risk, the Environmental Division of the Sustainability Promotion Committee conducts 1.5°C and 4°C scenario analyses and has put in place a system to report the results to the Board of Directors.
Shareholder Returns
For FY2026 (ending March 2026), an interim and year-end dividend of ¥30 each (¥60 annually, total dividends of ¥400 million, payout ratio of 26.5%) will be implemented. For FY2027 (ending March 2027), an increase to ¥70 annually (¥35 interim and ¥35 year-end) is planned. During the current period, a large-scale share buyback of 2,150,000 shares for ¥2,935 million was carried out.
Dividend Policy
The basic policy is to provide continuous and stable dividends based on stable earnings. For FY2026 (ending March 2026), an interim dividend of ¥30 and a year-end dividend of ¥30 (¥60 annually, total dividends of ¥400 million, payout ratio of 26.5%) will be implemented. For FY2027 (ending March 2027), an increase is planned to ¥35 interim and ¥35 year-end (¥70 annually, projected payout ratio of 32.3%).
ESG
Climate-related information is disclosed in line with the TCFD's four pillars, and the company is promoting energy-conservation investment (¥3.0-4.0 billion through FY2033) and the introduction of renewable energy toward its goal of net-zero GHG emissions by 2050. GHG emissions intensity per sales achieved a 44.7% reduction in FY2025 versus FY2013, showing progress. On the human capital front, the company has set targets of a female manager ratio of 10% or more (FY2033 target) and a paid leave utilization rate of 70% or more (FY2025 target), but actual results for FY2025 were 2.5% and 55.7% respectively, falling short of these targets.
Last updated: June 25, 2026