Japan Engine Corporation
6016・Standard Market・Transportation Equipment
Governance
The company has adopted a Board of Corporate Auditors system, with a Board of Directors comprising 7 members (including 3 outside directors). The attendance rate at Board of Directors meetings for all directors was 100%. A Compensation Committee has been established, and the company is working to ensure transparency in the process of determining executive compensation.
Risk Management
Legal matters are centrally managed by the administrative division, and when new risks arise, a response committee centered on the President is established. A compliance group has been established to ensure thorough dissemination of manuals, and the company works to avoid unforeseen risks in cooperation with its retained legal counsel.
Shareholder Returns
The annual dividend for FY2026 (ending March 2026) was ¥88 per share (interim ¥20, year-end ¥68), with a payout ratio of 15.5%. For FY2027 (ending March 2027), an annual dividend of ¥100 per share (interim ¥30, year-end ¥70) is forecast, representing a ¥12 increase year-on-year. Treasury stock repurchases were conducted on a small scale (¥1,133 thousand during the fiscal year under review).
Dividend Policy
The basic policy places emphasis on maintaining stable dividends to shareholders while also building up internal reserves to strengthen the management foundation, with dividends from surplus determined after comprehensively considering earnings conditions and other factors. In principle, dividends are paid twice a year: an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved at the General Meeting of Shareholders). Actual results for FY2026 (ending March 2026) were an annual dividend of ¥88 (interim ¥20, year-end ¥68), with a payout ratio of 15.5%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥100 (interim ¥30, year-end ¥70), with a payout ratio of 16.7%. The company has clearly stated its policy of pursuing dividend increases in line with business growth.
ESG
The company has established an EMS based on ISO14001, targeting carbon neutrality by 2050 and a 39.2% reduction versus FY2013 levels by FY2030, while advancing the development of ammonia/hydrogen fuel engines. In terms of human capital, it has been certified as an Excellent Health and Productivity Management Corporation 2026 (Large Enterprise Category) for five consecutive years, and is promoting diversity with targets of 20% female employee ratio and 10% foreign national employee ratio.
Last updated: June 23, 2026