Toho Zinc Co.,Ltd.
5707・Prime Market・Nonferrous Metals
Governance
As a company with an Audit and Supervisory Committee, the Board of Directors consists of 9 directors (7 outside directors, of whom 3 are Audit and Supervisory Committee members), with the executive officer system separating oversight from business execution. A Nomination Committee and a Compensation Committee, primarily composed of independent outside directors, are established as advisory bodies to ensure transparency and independence.
Risk Management
The company has established cross-organizational committees, including the Crisis Management Committee, the Market Risk Management Committee, and the Climate Change Countermeasures Committee, and conducts risk prevention and monitoring through periodic audits by the Internal Audit Department and the group-wide whistleblowing system (Helpline).
Shareholder Returns
For FY2026 (ending March 2026), no dividends will be paid on common stock, Class A preferred stock, or Class B subordinated stock. The FY2027 (ending March 2027) forecast also anticipates continued no dividend. The policy of aiming for an early return to a dividend-paying state during the business revitalization plan period (5 years starting April 2025) remains unchanged.
Dividend Policy
For FY2026 (ending March 2026), the annual dividend will be ¥0 (no dividend) for common stock, Class A preferred stock, and Class B subordinated stock alike. The FY2027 (ending March 2027) forecast similarly anticipates no dividend. The five-year period starting April 2025 is designated as the business revitalization period, during which priority is given to strengthening the earnings base and improving the financial base, with the aim of returning to a dividend-payable state as early as possible. The equity ratio remains low at 13.8%, and given that circumstances exist which raise material doubt about the company's ability to continue as a going concern, conditions for implementing dividends have not been established.
ESG
With a target of carbon neutrality by 2050, the company achieved GHG emissions of 195 thousand t-CO2 in FY2025 (a 63.2% reduction versus FY2013). It has expressed support for TCFD and introduced an internal carbon price (¥10,000/t-CO2), while also setting human capital indicators such as a female manager ratio of 8% (with a target of 9% by 2027) and a male childcare leave uptake rate of 33.3%, working to promote diversity and develop human resources.
Last updated: June 26, 2026