NICHIA STEEL WORKS, LTD.
5658・Standard Market・Iron & Steel
Governance
The company has adopted the Audit & Supervisory Board Member system, and as of the filing date, the board is composed of 7 executive directors, 2 outside directors (independent), and 3 Audit & Supervisory Board members (2 of whom are outside members). The Board of Directors meets 14 times per year, and voluntary bodies such as the Compliance Committee and the Management Committee have been established to ensure the soundness and transparency of management.
Risk Management
The company has established a "Risk Management Regulation," under which the Compliance Committee is responsible for cross-organizational risk monitoring and company-wide response. It has built a risk management system combining safety patrols conducted twice monthly by the Health and Safety Committee, monthly self-inspections by each department, and verification of internal control effectiveness by the Audit Office.
Shareholder Returns
Policy targets a total shareholder return ratio of 50% or more; for FY2026 (ending March 2026), an annual dividend of ¥10 per share (interim ¥4 + year-end ¥6) is planned, with a payout ratio of 45.0%. The same annual dividend of ¥10 per share is planned for FY2027 (ending March 2027). On the earnings announcement date, a share buyback was resolved with an upper limit of 500,000 shares and ¥200 million.
Dividend Policy
Policy is to secure a total shareholder return ratio of 50% or more, including share buybacks. Dividends are basically paid twice a year, interim and year-end. For FY2026 (ending March 2026), the full-year dividend per share is ¥10 (interim ¥4, year-end ¥6), with total dividends of ¥450 million and a payout ratio of 45.0%. For FY2027 (ending March 2027), a full-year dividend per share of ¥10 (interim ¥4, year-end ¥6) is also planned.
ESG
The company pursues ESG and SDGs initiatives centered on the
Last updated: June 25, 2026