CORONA CORPORATION
5909・Standard Market・Metal Products
Governance
The company has established a Board of Directors (11 members as of the filing date, including 2 outside directors) as a company with an Audit and Supervisory Committee, and has voluntarily set up an advisory committee on nomination and compensation (comprising the Representative Director and President plus 2 outside directors). The basic policy is to ensure management transparency and efficiency, and the company respects the spirit of the Corporate Governance Code.
Risk Management
The Risk Management Committee, chaired by the Representative Director and President, is established alongside the Executive Officers' Meeting to comprehensively identify and manage company-wide risks. In emergencies, a response headquarters headed by the Representative Director and President is established, which has proven effective in responding to the Great East Japan Earthquake and COVID-19.
Shareholder Returns
Annual dividend is set at ¥28 per share (interim ¥14, year-end ¥14), maintaining the same level as the previous period. For FY2026 (ending March 2026), the payout ratio is 82.6%, with total dividends of ¥818 million. For FY2027 (ending March 2027), the same ¥28 per share is forecast, though the payout ratio is expected to rise to 136.5%.
Dividend Policy
Dividends are paid twice a year (interim and year-end). For FY2026 (ending March 2026), the annual dividend per share is ¥28 (interim ¥14, year-end ¥14), with total dividends of ¥818 million and a payout ratio of 82.6%. The FY2027 (ending March 2027) forecast also maintains an annual dividend of ¥28 per share (interim ¥14, year-end ¥14).
ESG
In March 2023, the company expressed support for the TCFD recommendations and joined the TCFD Consortium, and has participated in the GX League since FY2024. The company has set targets of a 40% reduction in Scope 1 and 2 emissions by FY2030 and net zero by FY2050, and is promoting the expansion of heat pump equipment and energy-saving activities. On the human capital front, the company achieved a female new graduate hiring ratio of 31.8%, a male childcare leave uptake rate of 110.0%, and an annual paid leave utilization rate of 72.6%, while the ratio of female managers reached 19.0% against a target of 18.0%.
Last updated: June 23, 2026