Godo Steel,Ltd.
5410・Prime Market・Iron & Steel
Governance
As a company with a Board of Corporate Auditors, the company is composed of 7 directors (including 3 independent outside directors) and 4 corporate auditors (including 2 outside corporate auditors). The Board of Directors meets once a month, and by also employing an executive officer system, the company seeks to enhance the speed of decision-making and strengthen its oversight function.
Risk Management
The company has established the Group Risk Management Committee as the overarching body for risk management, conducting cross-group risk identification, evaluation, and educational awareness activities. Climate change risk is analyzed and assessed by the Sustainability Committee in line with the TCFD framework, with a system in place to report to the Management Committee and the Board of Directors.
Shareholder Returns
Interim and year-end dividends are paid with a target consolidated payout ratio of approximately 30%. For FY2026 (ending March 2026), the interim dividend is ¥100 and the year-end dividend is ¥80 (total ¥180, payout ratio 32.7%). The FY2027 (ending March 2027) forecast is an annual dividend of ¥100 (interim ¥40, year-end ¥60). For the five years of the Medium-Term Vision 2030 (FY2027 (ending March 2027) through FY2031 (ending March 2031)), a new policy has been established setting a floor of ¥100 for the annual dividend per share.
Dividend Policy
The basic policy is to distribute profits in line with business performance, with interim and year-end dividends from retained earnings paid based on a target consolidated payout ratio of approximately 30% per year. Performance-linked profit distribution is carried out while giving consideration to improving the financial structure and securing necessary reinvestment funds. In addition, for the five years of the Medium-Term Vision 2030 (FY2027 (ending March 2027) through FY2031 (ending March 2031)), a policy has been established setting a floor of ¥100 for the annual dividend per share, in order to enhance dividend predictability for shareholders and investors.
ESG
The basic policy is to contribute to a circular society through steel recycling via the electric arc furnace business, and the company is promoting energy-saving capital investment and the rollout of
Last updated: June 24, 2026