Heiwa Corporation
6412・Prime Market・Machinery
Governance
The company has adopted the Audit & Supervisory Board system, comprising 10 directors (including 3 outside directors) and 3 Audit & Supervisory Board members (including 2 outside Audit & Supervisory Board members). All outside officers are designated as independent officers. In FY2026 (ending March 2026), the Board of Directors met 16 times, with all directors attending every meeting.
Risk Management
The General Affairs Department takes the lead in analyzing and evaluating company-wide risks, reporting to the Board of Directors once a year. Sustainability-related risks are deliberated by the Sustainability Committee in coordination with the Sustainability Promotion Project, and a system has been established whereby the Internal Audit Department monitors the risk management status and reports to the Representative Director and other officers.
Shareholder Returns
The basic policy is to pay stable dividends. In FY2026 (ending March 2026), the annual dividend per share will be ¥80 (interim ¥40, year-end ¥40), with total dividends of ¥7,890 million and a payout ratio of 67.6%. The same ¥80 annual dividend is planned for FY2027 (ending March 2027). Share buybacks can be implemented flexibly based on a resolution of the Board of Directors.
Dividend Policy
The basic policy is to pay stable dividends, taking into comprehensive consideration the business plan, financial position, business results, payout ratio, and dividend-on-equity ratio, among other factors. Dividends are paid twice a year, comprising an interim dividend and a year-end dividend. Retained earnings are allocated to investments for strengthening R&D capabilities, capital expenditures, and golf course M&A, among other uses. The annual dividend for FY2026 (ending March 2026) is planned to be ¥80 (interim ¥40, year-end ¥40), and the same annual dividend of ¥80 (interim ¥40, year-end ¥40) is planned for FY2027 (ending March 2027).
ESG
Identified two materialities: "Contributing to a Sustainable Global Environment" and "Growing with Stakeholders to Create a Prosperous Future." Conducted 1.5°C and 4°C scenario analyses based on TCFD, quantitatively assessing carbon tax risk (up to ¥6.1 billion equivalent) and extreme weather risk (up to ¥4.0-5.0 billion) in the Golf Business. Scope 1+2 CO2 emissions totaled 100,879 t-CO2 for FY2025 (ended March 2025). On the human capital front, achieved per-employee training investment of ¥10,601 (up year-on-year), male childcare leave uptake rate of 71.4% (the Company), and paid leave utilization rate of 81.1% (the Company).
Last updated: June 26, 2026