PIOLAX,INC.
5988・Prime Market・Metal Products
Governance
The company is structured as a company with an audit and supervisory committee, with a board of 9 directors (4 of whom are outside directors). It has voluntarily established a nomination and compensation advisory committee, in which outside directors hold a majority. The board of directors met 19 times per year, with all members maintaining a high attendance rate.
Risk Management
The company operates a risk management PDCA cycle centered on the Management Committee, with regular reporting to the Board of Directors. A director in charge of administration serves as the risk management officer, and a framework is in place whereby the Business Audit Department confirms the implementation status through internal audits.
Shareholder Returns
For the five fiscal years from FY2023 (ending March 2023) through FY2027 (ending March 2027), the company targets a consolidated payout ratio of 100% and aims to maintain an annual dividend of ¥92 or more per share. In FY2026 (ending March 2026), it implemented an interim dividend of ¥39 and a year-end dividend of ¥53, totaling ¥92 (total dividends of ¥2,266 million). During the fiscal year, the company acquired ¥23,979 million of treasury stock, expanding treasury stock holdings to ¥29,381 million. A new shareholder benefit program was established.
Dividend Policy
For the five fiscal years from FY2023 (ending March 2023) through FY2027 (ending March 2027), the company plans to implement a consolidated payout ratio of 100% and maintain an annual dividend of ¥92 or more per share, through restraining the accumulation of equity capital and thoroughly implementing group cash management. In FY2026 (ending March 2026), it implemented an interim dividend of ¥39 and a year-end dividend of ¥53, totaling ¥92 (total dividends of ¥2,266 million; the payout ratio could not be calculated due to a net loss for the period). For FY2027 (ending March 2027), an annual dividend of ¥92 per share is also planned (forecast payout ratio of 335.2%).
ESG
Under the "PIOLAX ESG Vision2030," the company has set a target of carbon neutrality by 2050 (a 46% reduction in Scope 1 and 2 emissions by 2030 versus 2019 levels) and has endorsed the TCFD recommendations. On the social front, the company aims to raise the proportion of female managers to 20% or more by the end of FY2030, and the male employee childcare leave take-up rate reached 90% in FY2025. The Sustainability Committee meets four times a year and reports to the Board of Directors, forming an established governance framework.
Last updated: June 18, 2026