TOWA CORPORATION
6315・Prime Market・Machinery
Governance
The company operates as a company with an audit and supervisory committee, with a Board of Directors composed of 10 directors (including 4 independent outside directors). A Nomination and Compensation Committee (chaired by an outside director) has been established as an advisory body to the Board of Directors to ensure transparency and objectivity.
Risk Management
The company has established a Risk Management Committee, chaired by the President and Representative Director, which assesses risks and determines countermeasures annually. Implementation is carried out by the Risk Countermeasure Subcommittee, a subordinate body, with a system in place to report to the Board of Directors on a quarterly basis.
Shareholder Returns
The company's basic policy is to pay continuous stable dividends. For the current period, no interim dividend was paid, but a year-end dividend of ¥20 per share was implemented (total dividends of ¥1,502 million, payout ratio of 32.7%). For the next period, the dividend is planned to increase to ¥24 per share (projected payout ratio of 25.7%). No share buybacks were conducted.
Dividend Policy
After securing the internal reserves necessary for R&D investment, capital expenditure, and improvement of the financial structure, the basic policy is to pay continuous stable dividends, with profit distribution made in accordance with the business results of each fiscal year. Dividends from surplus are generally to be paid twice a year, as an interim dividend and a year-end dividend; however, in the current period, the interim dividend was omitted and only a year-end dividend of ¥20 per share was paid. For the next period (FY2027, ending March 2027), a dividend of ¥24 per share is planned.
ESG
The company discloses climate change information based on the TCFD recommendations, setting targets to reduce Scope 1+2 CO2 emissions by 42% in FY2030 (year ending March 2031) compared to FY2020 (year ended March 2021), and to achieve carbon neutrality by 2050. In terms of human capital, the company is working to build an environment where diverse talent can thrive, including a target of 10% for the ratio of female and foreign national managers (target for 2032) and the promotion of health management.
Last updated: June 19, 2026