Howa Machinery, Ltd.
6203・Standard Market・Machinery
Governance
As a company with an Audit and Supervisory Committee, the board consists of 5 directors (including 3 independent outside directors who serve as members of the Audit and Supervisory Committee). A Nomination and Compensation Committee, composed of a majority of independent outside directors, has been established as an advisory body to the Board of Directors, providing a framework for deliberating on compensation, evaluation, and appointment/dismissal matters.
Risk Management
The company has established a Risk Management Committee based on its Risk Management Regulations, defining and managing eight key risks including compliance, information security, quality, environment, export control, and disaster response. Climate-related risks are assessed and identified once a year in accordance with ISO14001.
Shareholder Returns
For FY2026 (ending March 2026), the company plans an annual dividend of ¥20 per share (total dividends of ¥244 million, payout ratio of 32.6%). The same ¥20 dividend is planned for FY2027 (ending March 2027). The basic policy is to maintain stable and continuous dividends over the medium to long term, and to enhance shareholder returns with a target payout ratio of 30% when profits increase.
Dividend Policy
The basic policy is to maintain stable and continuous dividends from a medium- to long-term perspective, with an annual dividend of ¥20 as the standard. When profits increase, the company intends to enhance shareholder returns with a target payout ratio of around 30%. The forecast dividend for FY2027 (ending March 2027) is an annual ¥20 (forecast payout ratio of 22.3%).
ESG
Obtained ISO14001 certification in 2006 and established the Central Environmental Management Committee. Launched the Sustainability Promotion Office in July 2023 to advance climate change response, strengthen human capital, and promote DX. On the human resources front, the company has set and manages targets including a 40% ratio of female hires (actual: 18.2%), an 80% male childcare leave uptake rate (actual: 60%), and average monthly overtime hours of 15 hours or less (actual: 14.1 hours).
Last updated: June 23, 2026