TOHO TITANIUM COMPANY, LIMITED
5727・Prime Market・Nonferrous Metals
Governance
Company with an Audit and Supervisory Committee. Of the 10 directors, 5 are outside directors (all independent officers, outside director ratio of 50%). The company has established an HR and Compensation Advisory Committee (with participation of all independent outside directors) and an Intragroup Conflict of Interest Oversight Committee, and has also introduced an executive officer system. During the fiscal year under review, the Board of Directors met 13 times, with all directors attending every meeting.
Risk Management
A Risk Management Committee (chaired by the President) reporting directly to the Board of Directors has been established, meeting four times a year. Based on the Risk Management Regulations and Manual, the Committee comprehensively manages company-wide risks, and climate change risks are identified and addressed through collaboration between the Risk Management Committee and the ESG Promotion Committee in line with the TCFD framework. A Business Continuity Plan (BCP) has been formulated, and an internal whistleblowing system (Compliance Hotline) working with legal counsel has also been established.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥18 per share (interim ¥9 + year-end ¥9), with a consolidated payout ratio of 45.0%. Due to the planned delisting on May 28, 2026 ahead of the share exchange with JX Metals Corporation (effective June 1, 2026), no dividend forecast for FY2027 (ending March 2027) is disclosed.
Dividend Policy
The annual dividend for FY2026 (ending March 2026) is ¥18 per share (interim ¥9 + year-end ¥9), with a total dividend amount of ¥1,281 million, a consolidated payout ratio of 45.0%, and a dividend on equity (DOE) of 2.2%. The share exchange agreement with JX Metals Corporation was approved at the extraordinary general meeting of shareholders on April 24, 2026, and since the company is scheduled to be delisted on May 28, 2026, ahead of the share exchange becoming effective on June 1, 2026, no dividend forecast for FY2027 (ending March 2027) or beyond is disclosed.
ESG
Climate change information is disclosed based on the TCFD framework. GHG emissions (Scope 1+2) targets are set at a 25% reduction in FY2025 versus FY2018, over 40% reduction by FY2030, and net-zero by 2050. In human capital, the company discloses an employee satisfaction score of 3.61 (target: 3.75), a male childcare leave uptake rate of 46.7% (target: 50%), and a female hiring ratio of 26.1% (target of 20% achieved). The statutory employment rate for persons with disabilities of 2.5% has been achieved, and the retirement age has been extended to 65.
Last updated: June 18, 2025