Chubu Steel Plate Co.,Ltd.
5461・Prime Market・Iron & Steel
Governance
The company operates as a company with an Audit and Supervisory Committee, with a Board of Directors comprised of 12 members (6 of whom are outside directors), and has established a Nomination and Compensation Advisory Committee. The outside director ratio stands at 50% (5 out of 11 members, or approximately 45%, following the June 2026 shareholders' meeting), aiming to strengthen oversight functions.
Risk Management
The company has established a risk management framework based on its
Shareholder Returns
Basic policy targets DOE of 3.5% or higher; for FY2026 (ending March 2026), annual dividend of ¥104 (interim ¥50, year-end ¥54), payout ratio of 220.9%. For FY2027 (ending March 2027), annual dividend of ¥113 (interim ¥56, year-end ¥57) is planned. Share buyback also resolved (upper limit 900,000 shares / ¥1,700 million).
Dividend Policy
Policy is to pay flexible dividends commensurate with business performance while giving due consideration to stable dividends. The medium-term management plan sets a target of "DOE (Dividend on Equity) of 3.5% or higher." For FY2026 (ending March 2026), as part of a review of capital policy, the year-end dividend was raised, resulting in an annual dividend of ¥104 (interim dividend ¥50, year-end dividend ¥54; total dividend amount ¥2,817 million, payout ratio 220.9%, dividend on net assets ratio 3.7%). For FY2027 (ending March 2027), an annual dividend of ¥113 is planned (interim dividend ¥56, year-end dividend ¥57; payout ratio 340.1%).
ESG
The company has set targets to reduce CO2 emissions by 46% by FY2030 (versus FY2013) and achieve carbon neutrality by 2050, promoting initiatives such as the operation of a new electric arc furnace and securing renewable energy. On the human capital side, the company has set value-added labor productivity of ¥40 million as a KPI, and is also working to improve diversity and job satisfaction through measures such as the personnel system overhaul implemented in April 2024, enhanced engagement, and a male employee childcare leave uptake rate of 57.1% (FY2025 actual).
Last updated: June 22, 2026