TSUGAMI CORPORATION
6101・Prime Market・Machinery
Governance
The company has adopted a structure with an Audit and Supervisory Committee, comprising a total of 9 directors including 4 outside directors (Audit and Supervisory Committee members, all of whom are independent officers). Voluntary Nomination Committee and Compensation Committee have been established as advisory bodies to the Board of Directors, with each committee composed of a majority of independent outside directors, ensuring transparency and objectivity in the nomination and compensation processes.
Risk Management
The Company convenes the Risk Management Committee as needed in accordance with the Risk Management Regulations and the Risk Management Implementation Guidelines, monitoring and managing company-wide risks, including climate change risk. Under the oversight of the Board of Directors, the Sustainability Committee is responsible for monitoring climate change risk and formulating and managing the progress of countermeasures, with a system in place to relay reports from relevant departments to the Board of Directors and other bodies.
Shareholder Returns
Basic policy is stable dividends. Annual dividend for FY2026 (ending March 2026) is ¥85 per share (interim ¥36, year-end ¥49), with a payout ratio of 23.5%. For FY2027 (ending March 2027), an annual dividend of ¥98 (interim ¥49, year-end ¥49) is planned. Share buybacks are conducted appropriately for the purpose of flexible capital policy execution.
Dividend Policy
The basic policy is to secure stable dividends while strengthening the company's financial constitution. The annual dividend for FY2026 (ending March 2026) is ¥85 per share (interim ¥36, year-end ¥49), with total dividends of ¥3,972 million and a payout ratio of 23.5%. For FY2027 (ending March 2027), an annual dividend of ¥98 (interim ¥49, year-end ¥49) is planned, with an expected payout ratio of 26.5%. Share buybacks are conducted appropriately based on a comprehensive assessment of necessity, financial condition, and share price trends, for the purpose of flexible capital policy execution. In FY2026 (ending March 2026), the company acquired ¥2,002 million of treasury shares (1,412,422 treasury shares outstanding at year-end).
ESG
The Company has set a target of achieving carbon neutrality by 2050, and at the Nagaoka Plant, electricity usage has been switched to 100% renewable energy since February 2022. Regarding climate change, scenario analyses under 1.5°C/2°C and 4°C scenarios have been conducted. In terms of human capital, the Company has set targets of a 10% female ratio in management positions (targeted by 2031) and a 20% or higher ratio of female new hires among regular employees; actual results for the fiscal year under review were 9.0% and 7.7%, respectively.
Last updated: June 16, 2026