Nippon Denko Co., Ltd.
5563・Prime Market・Iron & Steel
Governance
Company with an Audit and Supervisory Committee (transitioned in March 2024). Composed of 11 directors, including 6 outside directors (all independent officers). The company has established an
Risk Management
The permanent Internal Control Committee centrally manages management risks and reports regularly to the Board of Directors. A system has been established to immediately set up a Crisis Management Headquarters in the event of a management crisis. A two-tier structure is adopted whereby the Sustainability Committee identifies and evaluates climate change risks, which are then reported to the Board of Directors in an integrated manner via the Internal Control Committee.
Shareholder Returns
The annual dividend forecast for FY2026 (ending December 2026) is ¥13 per share (interim ¥5.50, year-end ¥7.50), representing a substantial increase from the prior period's ¥12 (which included a ¥1 commemorative dividend for the 100th anniversary of founding). No new disclosure of share buybacks.
Dividend Policy
The company targets a payout ratio of approximately 40% based on real-basis net income (ordinary income excluding temporary factors such as inventory valuation effects, multiplied by 0.7). The minimum annual dividend per share will be changed to ¥11 starting from FY2026 (ending December 2026). Dividends are paid twice a year, interim and year-end. The actual result for FY2025 (ending December 2025) was an annual dividend of ¥12 (interim ¥5, year-end ¥7, including a ¥1 commemorative dividend for the 100th anniversary of founding). The forecast for FY2026 (ending December 2026) is an annual dividend of ¥13 (interim ¥5.50, year-end ¥7.50).
ESG
The company has set a target of reducing CO2 emissions by 45% or more by 2030 compared to 2015 levels and achieving carbon neutrality by 2050, and plans approximately ¥5.0 billion in GX (Green Transformation) investment. On the human capital side, the company discloses specific KPIs such as promoting DE&I, obtaining Platinum Kurumin certification, a target female manager ratio of 2% by 2027 (actual as of end of December 2025: 1.6%), and a paid leave utilization rate of 75.6%.
Last updated: March 26, 2026