ARE Holdings, Inc.
5857・Prime Market・Nonferrous Metals
Governance
Company with an Audit and Supervisory Committee. Of the 7 directors, 5 are independent outside directors (outside director ratio of 71.4%), with independent outside directors holding a majority of the Board of Directors. The company has established a voluntary Nomination Committee and Compensation Committee, both chaired by independent outside directors.
Risk Management
The Group Risk Management function promotes compliance risk management from a position independent of business divisions, and regularly holds the Internal Control Promotion Meeting, Safety Promotion Meeting, and Sustainability Committee. Regarding climate change risk, scenario analysis looking ahead to 2030 and 2050 is conducted based on the TCFD recommendations, with assessments covering both transition risk and physical risk.
Shareholder Returns
Under a semi-annual dividend policy targeting a payout ratio of around 40%, the company paid ¥125 per share (interim ¥60 + year-end ¥65) in FY2026 (ending March 2026), a substantial increase from ¥80 in the prior period. For FY2027 (ending March 2027), a dividend of ¥135 per share (interim ¥65 + year-end ¥70) is planned. During the current period, the company issued new shares and disposed of treasury shares, but did not conduct any share buybacks.
Dividend Policy
While enhancing internal reserves needed for capital investment and M&A under the growth strategy, the company aims for a payout ratio of around 40% and intends to continue paying stable dividends. The basic policy is to pay dividends twice a year, comprising an interim dividend and a year-end dividend.
ESG
Under the purpose "Protecting Nature and Resources with Our Own Hands," the company has set five priority SDGs themes, including expanding precious metals recycling, reducing CO2 emissions, and promoting diversity. Against its 2030 targets, key KPIs have exceeded goals, with precious metals recycling volume reaching 572.8t (surpassing the 300t target) and CO2 reduction effect reaching 1.210 million t-CO2 (surpassing the 837,000t target), while the ratio of female managers stands at 5.4% (against a target of 7.0%), indicating progress is still underway. From FY2025, the company has introduced a system linking a portion of director compensation to the SDGs target achievement rate.
Last updated: June 15, 2026