CHUO SPRING CO.,LTD.
5992・Standard Market・Metal Products
Governance
The company employs an audit and supervisory board system, comprising 5 directors (including 2 independent outside directors) and 3 audit and supervisory board members. It has established an Officer Personnel and Compensation Committee (with outside directors constituting a majority) to ensure fairness and transparency in nominations and compensation.
Risk Management
Risks related to compliance, the environment, disasters, information security, export operations, etc. are handled by each functional management department, and new risks are shared at the Management Committee and the Internal Control Committee. Climate-related risks are managed by the Sustainability Committee and based on ISO14001, with material risks reported to the Board of Directors on a regular basis.
Shareholder Returns
Promoting both growth and shareholder return measures based on the Medium- to Long-Term Management Plan 2030. For FY2026 (ending March 2026), dividend per share of ¥60 (interim ¥30 + year-end ¥30), with a payout ratio of 12.2%. For FY2027 (ending March 2027), an annual dividend of ¥90 (an increase of ¥30 year-on-year) is planned, with a projected payout ratio of 94.6%.
Dividend Policy
Based on the Medium- to Long-Term Management Plan 2030, shareholder returns are implemented systematically as part of a dual approach combining growth and returns. The policy is to maximize the area of return to stakeholders from a medium- to long-term perspective. Dividends of surplus are paid twice a year (interim and year-end). For FY2026 (ending March 2026), actual dividend per share was ¥60 (interim ¥30 + year-end ¥30), total dividends of ¥1,513 million, and a payout ratio of 12.2% (a low level due to gain on sale of investment securities included in net income for the period). For FY2025 (ending March 2025), dividend per share was ¥40 (interim ¥14 + year-end ¥26, of which the year-end portion consisted of an ordinary dividend of ¥21 plus a commemorative dividend of ¥5), total dividends of ¥1,009 million, and a payout ratio of 54.4%. For FY2027 (ending March 2027), an annual dividend of ¥90 (interim ¥45 + year-end ¥45) is planned, with a projected payout ratio of 94.6%.
ESG
In fiscal 2024, the company established a Sustainability Committee and conducted climate-related scenario analysis (1.5°C and 4°C) based on TCFD recommendations. It targets a 64% reduction in CO₂ emissions for the company and a 50% reduction for the group by 2030 (versus fiscal 2023), and zero CO₂ emissions from factories by 2050. On the human capital side, the company has been certified as an Excellent Health Management Corporation 2026 (Large Enterprise Category), and discloses metrics such as the number of female managers at 4 (target of 15 or more by 2030), male childcare leave uptake rate of 65%, and an engagement survey score of 42% (target of 50%).
Last updated: June 17, 2026