AICHI STEEL CORPORATION
5482・Prime Market・Iron & Steel
Governance
In June 2026, the company transitioned from a company with a board of company auditors to a company with an audit and supervisory committee. In addition to the Board of Directors (held 15 times per year), it has established a voluntary Officer Compensation and Personnel Proposal Drafting Committee (held 5 times per year), in which independent outside directors hold a majority, aiming to strengthen oversight functions and expedite decision-making.
Risk Management
The company has appointed the Head of the Risk Management Division as CRO (Chief Risk Officer) and has established a risk management framework based on its crisis management regulations. Under this framework, each division identifies and assesses risks, response measures are determined at top management meetings, and the Board of Directors oversees progress.
Shareholder Returns
For FY2026 (ending March 2026), the company implemented an ordinary dividend plus a special dividend, totaling ¥145 per share annually (payout ratio 85.0%). Share buybacks of ¥26,258 million were carried out. The FY2027 (ending March 2027) forecast is ¥150 per share annually (payout ratio target of approximately 85.0%).
Dividend Policy
With a target consolidated payout ratio of 85.0%, the company pays dividends twice a year (interim and year-end), combining an ordinary dividend with a special dividend. Actual results for FY2026 (ending March 2026) were ¥145 per share (interim: ¥69 = ¥31 ordinary + ¥38 special; year-end: ¥76 = ¥38 ordinary + ¥38 special), with total dividends of ¥9,300 million and a payout ratio of 85.0%. The forecast for FY2027 (ending March 2027) is ¥150 per share (interim: ¥75 = ¥36 ordinary + ¥39 special; year-end: ¥75 = ¥36 ordinary + ¥39 special), with a payout ratio of 85.0%. Note that a 4-for-1 stock split was implemented effective July 1, 2025.
ESG
The company announced its support for TCFD in 2021, setting targets of a 50% reduction in CO2 emissions by 2030 (compared to FY2013) and carbon neutrality by 2050; consolidated emissions in FY2025 reached 657 thousand t-CO2 (a 29.4% reduction). On the human capital side, the company has set and is tracking progress on KPIs across D&I, talent development, and health and safety, including the number of female managers at 7 (target of 10 by 2030) and certification as an Excellent Health Management Corporation for 9 consecutive years.
Last updated: June 29, 2026