Shinko Wire Company, Ltd.
5660・Standard Market・Iron & Steel
Governance
As a company with a Board of Corporate Auditors, the company is composed of 8 directors (including 2 independent outside directors) and 4 corporate auditors (including 2 outside auditors). The executive officer system introduced in June 2017 separates decision-making from business execution, and a special committee composed of independent outside directors and independent outside corporate auditors has been established to deliberate on matters such as nominations, compensation, and controlling shareholder transactions.
Risk Management
Since FY2024, the company has introduced a risk owner system and newly established a Risk Management Department within the Executive Officers' Committee. It has designated 11 categories—"Human Resources," "Procurement," "Compliance," "Information Leakage," "Quality," "Safety," "Environment," "Disaster Prevention," "IT," "Facilities," and "Business"—as key risks, and has appointed the officer overseeing each category as the risk owner. A framework has been established whereby progress is reported to the President and Representative Director semi-annually and submitted to the Board of Directors.
Shareholder Returns
For the current fiscal year, an interim dividend of ¥25 and a year-end dividend of ¥40 (annual total ¥65) were implemented, with a payout ratio of 34.3%. The basic policy is to pursue continuous profit distribution with a consolidated payout ratio of approximately 30-40%. Due to the planned delisting associated with the share exchange with Kobe Steel, Ltd. (scheduled for September 1, 2026), the dividend forecast for the next fiscal year is not disclosed.
Dividend Policy
The company positions shareholder profit distribution as one of its most important policies, and its basic policy is to aim for continuous profit distribution with a consolidated payout ratio of approximately 30-40% (annual) while enhancing internal reserves in consideration of strengthening the management foundation and future business development. For the current fiscal year, an interim dividend of ¥25 per share and a year-end dividend of ¥40 per share (annual total ¥65, payout ratio 34.3%) were implemented. Note that due to the planned delisting on August 28, 2026, resulting from the share exchange with Kobe Steel, Ltd. (effective date scheduled for September 1, 2026), the company has refrained from disclosing a dividend forecast for FY2027 (ending March 2027).
ESG
Under the medium-term management plan "Next Innovation 2026," the company has identified five materiality issues and set a target of reducing CO2 emissions in FY2030 by 30-40% versus FY2013 levels (FY2024 actual: 25% reduction), while also disclosing human capital KPIs such as an employee retention rate of 96.6%, a male childcare leave usage rate of 100%, and a female ratio among staff positions of 23.5%. The company is also actively pursuing external certifications, including DX Certified Business Operator status and Hyogo Prefecture Health Promotion Challenge Company certification.
Last updated: June 25, 2026