NHK SPRING CO., LTD.
5991・Prime Market・Metal Products
Governance
As a company with a Board of Corporate Auditors, the company separates the Board of Directors (including 4 outside directors) from the executive officer system, and has established a voluntary Nomination and Compensation Committee composed of a majority of independent outside directors. The Board of Directors met 14 times in fiscal year 2025, exercising its management oversight function.
Risk Management
The company has established a company-wide Sustainability Promotion Committee, which promotes the identification and prevention of risks based on the BCP and risk management manual, among others. In the event a significant risk materializes, a task force is immediately established to manage the response through to the prevention of recurrence.
Shareholder Returns
Stable dividend policy continues, targeting a consolidated payout ratio of 30% or more as a guideline. For FY2026 (ending March 2026), the annual dividend is planned at ¥66 per share (interim ¥33 + year-end ¥33), with a payout ratio of 48.0%. For FY2027 (ending March 2027), an annual dividend of ¥69 (interim ¥33 + year-end ¥36) is planned. During the current period, the company conducted share buybacks totaling ¥1,983 million.
Dividend Policy
The policy is to continue stable dividends, with a consolidated payout ratio of 30% or more as a guideline. For FY2026 (ending March 2026), the annual dividend is ¥66 per share (interim ¥33 + year-end ¥33), with a payout ratio of 48.0% and a dividend-to-net-assets ratio of 3.2%. For FY2025 (ended March 2025), the annual dividend was ¥69, including an ordinary dividend of ¥33 plus a special dividend of ¥6 within the year-end dividend of ¥39. For FY2027 (ending March 2027), an annual dividend of ¥69 (interim ¥33 + year-end ¥36) is planned. Retained earnings are allocated toward funding business investments aimed at strengthening the business foundation and further expanding the scale of earnings.
ESG
Under the 'Nippatsu Group Environmental Challenge,' the company targets a 50% reduction in CO2 emissions (versus FY2013 levels) by 2030 for domestic consolidated subsidiaries and carbon neutrality by 2039, with FY2025 results showing a 42% reduction, exceeding the plan's progress. On the human capital side, the company disclosed a female manager ratio of 3.0% (2030 target: 5.0%), a male childcare leave uptake rate of 76.6% (target: 100%), and an engagement survey score of 68.7pt (target: 75.0pt), while also advancing DE&I initiatives and human rights due diligence.
Last updated: June 17, 2026