KITAGAWA SEIKI CO.,LTD.
6327・Standard Market・Machinery
Governance
Company with an Audit and Supervisory Committee. The Board of Directors consists of 5 members (2 executive directors and 3 Audit and Supervisory Committee members, of whom 2 are outside directors), with outside directors constituting a majority of the Audit and Supervisory Committee. The executive officer system was introduced in 2005 to separate decision-making and oversight from business execution. The Board of Directors met 8 times during the fiscal year, with full attendance.
Risk Management
Regular internal audits are conducted by the Internal Audit Office, which reports directly to the President and Representative Director, and the company has established a Compliance Committee (held quarterly) and a Health and Safety Committee. Key risks related to management strategy are deliberated by the Board of Directors, and legal risks are addressed with the support of retained legal counsel, alongside the development and dissemination of an internal whistleblowing system. Sustainability-related issues are also examined by the Board of Directors and other bodies as part of risk and opportunity management.
Shareholder Returns
The basic policy is to maintain stable dividends, with a target payout ratio of 25% or more set out in the medium-term management plan "KITAGAWA 2030." The projected annual dividend for FY2026 (ending June 2026) is ¥14 per share (up ¥2 year on year). Flexible share buybacks are also explicitly stated as a policy.
Dividend Policy
The basic policy is to maintain stable dividends while securing the internal reserves necessary for strengthening the financial structure and business development. The medium-term management plan "KITAGAWA 2030" sets a target payout ratio of 25% or more. In addition, to improve capital efficiency and the level of shareholder returns, share buybacks will be conducted flexibly as needed. The actual annual dividend for FY2025 (ended June 2025) was ¥12 per share (¥0 at the second-quarter end, ¥12 at year-end). The projected annual dividend for FY2026 (ending June 2026) is ¥14 per share (¥14 at year-end), and there has been no revision from the most recently announced dividend forecast.
ESG
Under its basic sustainability policy, the company is working on environmental initiatives such as reducing CO2 emissions during manufacturing, switching to LED lighting, and introducing high-efficiency air conditioning (no quantitative targets have been set). In terms of human capital, the company aims to achieve 100% implementation rates for Self Challenge (goal management), compliance training attendance, and regular health checkup attendance, and conducts an organizational survey of all employees annually. While the company promotes diverse hiring, it has not set numerical targets regarding the appointment of core personnel.
Last updated: September 26, 2025