Harmonic Drive Systems Inc.
6324・Prime Market・Machinery
Governance
The company has a Board of Corporate Auditors system. The Board of Directors consists of 10 members (including 5 outside directors) chaired by the Chairman of the Board, and a voluntary Nomination and Compensation Advisory Committee was established in March 2024. The attendance rate of all directors at Board of Directors meetings was 100%.
Risk Management
Risks are identified, evaluated, and addressed annually, classified into "company-wide risks" and "business process risks" in accordance with the "Crisis and Risk Management Regulations." A system has been established in which the executive officer responsible for risk management sets priorities, and the President and Representative Director gives approval. Climate change and sustainability risks are managed in an integrated manner through the Sustainability Committee.
Shareholder Returns
The basic policy is performance-linked dividends targeting a consolidated payout ratio of around 35%, while also giving consideration to stable dividends. For FY2026 (ending March 2026), an annual dividend of ¥20 (interim ¥10 + year-end ¥10) is planned, with a payout ratio of 117.7%. For FY2027 (ending March 2027), an annual dividend of ¥20 is also forecast. Share buybacks were also conducted (¥810 million in the current period).
Dividend Policy
The basic policy is performance-linked dividends targeting a consolidated payout ratio of around 35%, paid twice a year through interim and year-end dividends. The policy also gives consideration to implementing a certain level of stable dividends in the event of significant short-term performance fluctuations. For FY2026 (ending March 2026), an annual dividend per share of ¥20 (interim ¥10 + year-end ¥10) is planned (payout ratio of 117.7%). For FY2027 (ending March 2027), an annual dividend of ¥20 (interim ¥10 + year-end ¥10) is also forecast. Internal reserves are to be invested in R&D for new products, enhancement of production facilities, and development of information management systems, while also being allocated toward the flexible execution of capital policy.
ESG
Centered on the Sustainability Committee established in April 2023, the company has identified five materiality issues and is advancing a wide range of ESG initiatives, including climate change (targeting a 30% reduction in GHG emissions by FY2030 compared to FY2022, and net zero by 2050), human capital (targeting a 30% ratio of female directors by FY2030 (ending March 2030), and a male childcare leave uptake rate of 88.2%), and the phased expansion of human rights due diligence. The company has also conducted 1.5°C and 4.0°C scenario analyses based on TCFD recommendations.
Last updated: June 16, 2026