Yodogawa Steel Works,Ltd.
5451・Prime Market・Iron & Steel
Governance
As a company with a Board of Corporate Auditors, it appoints no more than 7 directors (including 3 independent outside directors) and has introduced an executive officer system. A voluntary Nomination and Compensation Committee (chaired by an independent outside director) has been established as an advisory body to the Board of Directors, aiming to strengthen transparency and objectivity.
Risk Management
The company maintains a standing Compliance and Risk Management Committee chaired by the President and Representative Director, and promotes company-wide risk management based on the
Shareholder Returns
Dividends are performance-linked in principle; for fiscal years 2025–2028, the company aims to maintain an annual dividend of at least ¥40 per share while targeting a consolidated payout ratio of 75% or higher. The annual dividend for FY2026 (ending March 2026) is ¥91 per share (interim ¥20 + year-end ¥71), with a payout ratio of 75.5%. The company also conducted share buybacks (¥3,950 million acquired during the fiscal year).
Dividend Policy
The basic policy is to implement stable and continuous dividends according to performance. For the three-year period covering FY2025 and FY2026–FY2028, the company will maintain an annual dividend of at least ¥40 per share while targeting a consolidated payout ratio of 75% or higher per year. Dividends from surplus are paid twice annually, as interim and year-end dividends. The forecast annual dividend for FY2027 (ending March 2027) is ¥53 per share (interim ¥20 + year-end ¥33), with a projected payout ratio of 75.9%.
ESG
As part of its climate change response, the company conducts scenario analysis based on TCFD, setting a target of reducing CO₂ emissions by 46% in FY2030 (versus FY2013 levels), aiming for carbon neutrality by 2050, and is expanding the introduction of renewable energy power and self-consumption solar power generation. In terms of human capital, the company is advancing diversity initiatives, with women accounting for 32.8% of university graduates hired for general career-track positions (exceeding the target of 30% or more) and 2.9% of management positions (working toward the target of 5% or more).
Last updated: June 22, 2026