Shinhokoku Material Corp.
5542・Standard Market・Iron & Steel
Governance
Company with an Audit and Supervisory Committee. The Board of Directors comprises 6 directors (including 3 outside directors, all of whom serve on the Audit and Supervisory Committee). Representative Director and President Masase Tadashi serves as Chairman of the Board of Directors, which met 15 times during the fiscal year under review. No Nomination Committee or Compensation Committee has been confirmed to exist. An Audit Office (2 members) reporting directly to the President has been established, and Ernst & Young ShinNihon LLC serves as the accounting auditor.
Risk Management
The Company has established "Risk Management Regulations," under which executive officers monitor cross-organizational risks under the direction of the President and Representative Director. Once a month, a meeting composed of directors and department heads reports on and discusses risks such as business reporting, quality assurance, industry trends, and fluctuations in raw material procurement prices, and determines measures to prevent problems before they occur. A framework has been established to report and deliberate important sustainability-related matters to the Board of Directors and the Executive Officers' Meeting. An advisory contract with legal counsel has also been concluded.
Shareholder Returns
The basic policy is to pay dividends twice a year (interim and year-end), with FY2025 (ending December 2025) results at ¥25 per share (¥10 interim + ¥15 year-end). The forecast for FY2026 (ending December 2026) maintains the same amount of ¥25 (¥10 interim + ¥15 year-end). No change to the dividend forecast.
Dividend Policy
The basic policy is to determine dividends that reward shareholders based on a strengthened financial foundation, taking into account the outlook for the current fiscal year and the next fiscal year. Dividends of surplus are, in principle, paid twice a year: an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved by the General Meeting of Shareholders). Most recent results: for FY2025 (ending December 2025), interim dividend of ¥10 per share plus year-end dividend of ¥15 per share, totaling ¥25. Forecast for FY2026 (ending December 2026): interim dividend of ¥10 per share plus year-end dividend of ¥15 per share, totaling ¥25 (unchanged from the forecast announced on February 10, 2026).
ESG
In February 2022, the company established the "SDGs Promotion Committee," which reports its deliberations to the Board of Directors on a timely basis. As part of its climate change response, the company has set a target of reducing CO2 emissions by 57% by 2030 compared to 2020 levels, and calculates Scope 1, 2, and 3 emissions based on the Greenhouse Gas Protocol Supply Chain GHG Accounting Guidelines. In terms of human capital, under the policy of "realizing happiness through an attractive workplace with a select group of talented employees," the company is promoting operational efficiency improvements, childcare leave systems, and the development of in-house education and training systems. Specific numerical targets for human capital have not yet been set.
Last updated: April 3, 2026