SANDEN CORPORATION
6444・Standard Market・Machinery
Governance
Company with a Board of Corporate Auditors. Board of Directors comprises 8 members (3 outside directors), and the Board of Corporate Auditors comprises 4 members (2 outside auditors). 5 independent officers have been notified to the Tokyo Stock Exchange. The company has established a Nomination and Compensation Committee (chaired by an outside director) and a Special Committee aimed at monitoring conflicts of interest with the controlling shareholder. Director term is 1 year, and an executive officer system has been introduced.
Risk Management
The Corporate Financial Management Division serves as the lead department for integrated management of risks across the group. Regular risk assessments (natural disasters, pandemics, credit risk, management strategy risk, etc.) are conducted, with important matters deliberated by the Management Committee and the Board of Directors. IT security education and inspections are also conducted annually. The Sustainability Committee (established in December 2024) is responsible for identifying and evaluating ESG risks and opportunities, and a framework has been established for reporting to the Board of Directors.
Shareholder Returns
No dividend for FY2025 (ending December 2025) (annual dividend of ¥0). No dividend is also planned for FY2026 (ending December 2026) (annual dividend of ¥0). The policy remains unchanged, prioritizing the strengthening of the financial base and investment for future growth, with the aim of resuming dividends as early as possible through improvements in earning capacity and financial condition based on the medium-term management plan.
Dividend Policy
The basic policy is to allocate profits in line with consolidated business results and to implement stable and continuous dividends. However, taking into comprehensive account the financial condition, management environment, and other factors, the annual dividend for FY2025 (ending December 2025) will be ¥0 (no dividend). The forecast for FY2026 (ending December 2026) is also ¥0 (no dividend). The Company aims to resume dividends as early as possible through improvements in earning capacity and financial condition based on the medium-term management plan.
ESG
As part of its climate change response, the company has expressed support for TCFD (2023) and obtained SBT certification (October 2023). Its 2030 targets are to reduce Scope 1+2 emissions by 80% or more and Scope 3 emissions by 27.5% or more (versus FY2019 levels), aiming to achieve carbon neutrality by 2039; FY2024 results were Scope 1 down 20.6%, Scope 2 down 24.4%, and Scope 3 down 13.2%. In terms of human capital, under its human resource development policy of "human capability × technical capability," the company conducts tiered and selective training programs, and has appointed 74 foreign nationals to positions (37 of whom are in managerial roles). It formulated a human rights policy in 2023. In December 2024, it established a Sustainability Committee, building a structure in which the Board of Directors oversees policy formulation and progress management across the three areas of E, S, and G.
Last updated: March 27, 2026