IWAKI CO.,LTD.
6237・Prime Market・Machinery
Governance
A company with a Board of Corporate Auditors (4 directors, including 2 outside directors). It has established a Management Advisory Committee as a voluntary advisory body to the Board of Directors to ensure fairness and transparency regarding director nomination and compensation, and has developed a multi-layered internal control system including a Sustainability Committee and a Risk and Compliance Committee, among others.
Risk Management
Based on the Risk Management Regulations, the Risk and Compliance Committee consolidates and manages company-wide risks, and through the Risk and Compliance Council, its subordinate body, issues instructions to and monitors relevant departments. A framework has been established whereby material risks are deliberated and resolved by the Board of Directors.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥77 (interim ¥35 + year-end ¥42), with a payout ratio of 35.3%. For FY2027 (ending March 2027), the company forecasts ¥92 (interim ¥45 + year-end ¥47, including a ¥10 commemorative dividend), with an expected payout ratio of 39.7%. Share buybacks remain modest in scale.
Dividend Policy
The basic policy is to pay continuous and stable dividends while returning profits to shareholders and securing necessary internal reserves. Under the Medium-Term Management Plan 2027 (FY2026 through FY2028, ending March 2026 to March 2028), a payout ratio target of 35% or more and a minimum dividend floor of ¥70 have been set. The FY2026 (ending March 2026) actual result was an annual dividend of ¥77 (interim ¥35 + year-end ¥42), a payout ratio of 35.3%, and a dividend-on-equity ratio of 4.3%. The FY2027 (ending March 2027) forecast is an annual dividend of ¥92 (interim ¥45 + year-end ¥47), with the second-quarter-end dividend including a ¥10 commemorative dividend in addition to the ordinary dividend of ¥35. The basic policy is to pay dividends from surplus twice a year (interim and year-end), with the interim dividend resolved by the Board of Directors and the year-end dividend resolved at the General Meeting of Shareholders.
ESG
The company conducted climate change scenario analysis (1.5/2°C and 4°C scenarios) in response to TCFD recommendations, setting targets of a 50% reduction in Scope 1+2 emissions by FY2030 (compared to FY2021, ending March 2021) and carbon neutrality by 2050. In terms of human capital, it disclosed results such as a male childcare leave uptake rate of 57.9% and a 100% return-to-work rate after childcare/family care leave, and is promoting diversity management and health management.
Last updated: June 24, 2026