DISCO CORPORATION
6146・Prime Market・Machinery
Governance
As a company with nomination and other committees, the company clearly separates "execution" from "oversight." The Board of Directors is based on a majority of outside directors, and in addition to the three statutory committees, it permanently maintains a Representative Executive Officer Evaluation Committee, an Information Security Committee, an Ethics Committee, and an Environmental Committee. The company targets a female director ratio of 30% or more, and all outside directors satisfy the independence criteria.
Risk Management
The company has established an enterprise-wide Risk Management Committee chaired by a Representative Executive Officer, while the Information Security Committee, Ethics Committee, and Environmental Committee, all standing bodies of the Board of Directors, oversee risks in their respective specialized areas. Sustainability risks are deliberated and reported through a three-tier structure comprising pilot meetings, the Management Committee, and the Board of Directors, and the company also addresses business continuity risk through its Business Continuity Management System (BCMS), introduced in 2003 and certified under ISO 22301.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥505 per share (interim ¥129 + year-end ¥376), total dividends of ¥54,769 million, and a payout ratio of 40.4%. The dividend forecast for FY2027 (ending March 2027) is undetermined at this time. Share buybacks remain minimal (¥1 million acquired during the period).
Dividend Policy
The company adopts a performance-linked dividend policy under which 25% of consolidated semi-annual net income is paid out as dividends (with a guaranteed minimum stable dividend of ¥10 per half, or ¥20 annually). For FY2026 (ending March 2026), the interim dividend is ¥129, the year-end dividend is ¥376, for an annual total of ¥505, with a payout ratio of 40.4% and a dividend-to-net-assets ratio (DOE) of 10.2%. The dividend forecast for FY2027 (ending March 2027) is undetermined at this time.
ESG
As part of its climate change response, the company endorses the TCFD recommendations and has set targets of achieving Scope 1+2 carbon neutrality by FY2030 and Scope 1+2+3 carbon neutrality by FY2050. In terms of human capital, the company promotes improved employee satisfaction through its proprietary "Will Management" approach, ES surveys (positive response rate of 96.5%), and a commitment system, and is also implementing diversity initiatives, including a target for the ratio of female managers to reach 17.4% or higher by the end of FY2030 (actual result for the current fiscal year: 14.3%).
Last updated: June 16, 2026