HOKUETSU METAL Co., Ltd.
5446・Standard Market・Iron & Steel
Governance
The company operates under a Board of Corporate Auditors system and an executive officer system, with a Board of Directors consisting of 6 members (3 of whom are outside directors, an outside director ratio of 50%). It has established a voluntary Nomination and Compensation Committee as well as a Compliance and Risk Management Committee, aiming to strengthen its governance functions.
Risk Management
Based on the Compliance and Risk Management Regulations, the Compliance and Risk Management Committee meets twice a year to promote risk management under a unified group policy. A crisis response headquarters is established to respond swiftly to unforeseen events, and the company has put in place a system to ensure rapid response.
Shareholder Returns
For FY2026 (ending March 2026), the year-end dividend was omitted due to a net loss, resulting in only an interim dividend of ¥4, leading to a sharp dividend cut to an annual ¥4 per share (total dividends of ¥15 million). The dividend forecast for FY2027 (ending March 2027) remains undecided at this time.
Dividend Policy
For FY2026 (ending March 2026), due to the recording of a net loss attributable to owners of the parent of ¥339 million, only an interim dividend of ¥4 per share was paid and the year-end dividend was omitted, resulting in an annual dividend of ¥4 per share (total dividends of ¥15 million; payout ratio not calculable). For FY2025 (ended March 2025), the interim dividend was ¥10 and the year-end dividend was ¥35, for a total of ¥45 (total dividends of ¥176 million; payout ratio of 30.3%). The dividend forecast for FY2027 (ending March 2027) has not yet been determined at this time. No share buybacks were conducted during FY2026 (ending March 2026) (only a disposal of treasury shares was carried out during the period).
ESG
Under the long-term vision "Metal Vision 2030 <Kizuna>," the company has set a target of reducing CO₂ emissions by 46% by 2030 compared to FY2013 levels, and is promoting the introduction of solar power generation, conversion from heavy oil to city gas, and modal shift, among other initiatives. In terms of human capital, the company has set targets of a 10% ratio of female managers (FY2026 target), a 100% target for male employees taking childcare leave, and an employment rate of persons with disabilities of 2.5% or higher, while also working on health management and improving employee engagement.
Last updated: June 23, 2026