Odawara Engineering Co., Ltd.
6149・Standard Market・Machinery
Governance
Company with a Board of Corporate Auditors. Composed of 7 directors (2 outside) and 3 corporate auditors (all outside). Designated 2 outside directors and 3 outside corporate auditors as independent officers. Established a voluntary Nomination and Compensation Committee chaired by an independent outside director, which met 4 times during the fiscal year under review. The Board of Directors met 14 times during the year, with all directors achieving a 100% attendance rate.
Risk Management
The company has established a risk management framework centered on the Risk Management Committee, chaired by the Representative Director and President. Risk management regulations have been established, with the Administration Department overseeing risk management across the entire company, while the Internal Audit Office audits the risk management status of each department and reports periodically to the Board of Directors. For legal risks, advice from retained legal counsel is utilized. For climate change risks (large-scale disasters, etc.), a BCP has been formulated and drills are conducted.
Shareholder Returns
The annual dividend forecast for FY2026 (ending December 2026) is ¥70 per share (year-end lump sum), maintaining the same amount as the previous fiscal year's actual result. As of the first quarter, there has been no change to the dividend forecast. The Articles of Incorporation stipulate that share buybacks may be executed flexibly by resolution of the Board of Directors.
Dividend Policy
The basic policy is to continue stable dividends, with a year-end dividend once a year as the basic approach. The actual year-end dividend for FY2025 (ended December 2025) was ¥70 per share. The annual dividend forecast for FY2026 (ending December 2026) is also ¥70 per share (¥0 at the second quarter-end, ¥70 at year-end), unchanged from the most recently announced forecast.
ESG
Sustainability management is overseen by the Risk Management Committee, with contribution to a decarbonized society through the Winding Machine Business for xEVs and the energy-saving blower business set as a materiality. On the environmental front, the company promotes the 3Rs for waste reduction, has introduced solar power generation, and invests in green bonds. In terms of human capital, the annual paid leave utilization rate reached 78.6% (achieving the target of 65% or higher), and the company is advancing initiatives such as the introduction of e-learning, flexible working hours, and remote work systems.
Last updated: March 24, 2026