HOSHIZAKI CORPORATION
6465・Prime Market・Machinery
Governance
Company with an Audit and Supervisory Committee. The Board of Directors consists of 11 members in total: 8 directors who are not Audit and Supervisory Committee members (2 of whom are outside directors) and 3 directors who are Audit and Supervisory Committee members (2 of whom are outside directors). The outside director ratio is approximately 36% (4 out of 11 members). A voluntary Nomination and Compensation Committee was established in January 2022, chaired by an independent outside director, with independent outside directors constituting a majority of its members. The executive officer system introduced in July 2019 promotes the separation of management/oversight functions from business execution. The Board of Directors meets 15 times per year.
Risk Management
The Compliance & Risk Management Committee, composed of directors and other relevant parties, meets monthly to promote risk management across the group, share information, and enable prompt responses. Based on the Risk Management Regulations, a manager responsible for each individual risk is designated, and a monitoring framework has been established through coordination with the Internal Audit Office and the Audit and Supervisory Committee. Sustainability risks are also managed by the Sustainability Committee (which meets quarterly), and a framework for regular reporting to the Board of Directors has been put in place.
Shareholder Returns
Annual dividend for FY2025 (ending December 2025) is ¥115 per share (interim ¥50 + year-end ¥65). The forecast for FY2026 (ending December 2026) is also ¥115 (interim ¥55 + year-end ¥60), maintaining the same level as the previous period. During the first quarter, the company acquired 1,286,100 shares of treasury stock (¥6,572 million).
Dividend Policy
The annual dividend for FY2025 (ending December 2025) is ¥115 per share (interim ¥50 + year-end ¥65). The dividend forecast for FY2026 (ending December 2026) totals ¥115 (interim ¥55 + year-end ¥60), the same amount as the previous period. Based on a resolution of the Board of Directors on February 13, 2026, the company acquired 1,286,100 shares of treasury stock (¥6,572 million) during the first quarter, bringing the treasury stock balance at period-end to ¥25,100 million. There has been no revision to the dividend forecast from the earnings forecast.
ESG
In February 2022, the company expressed its support for the TCFD recommendations, setting a target of net-zero CO₂ emissions (Scope 1 & 2) by 2050 and an interim target of a 30% reduction by 2030 compared to 2023. All domestic standard refrigerator and freezer models, as well as 14 Ice Maker models, have already converted to natural refrigerants. In terms of human capital, the company achieved its FY2025 targets of 57 female managers and 308 female personnel in supervisory positions. The company has established a Sustainability Committee chaired by the Representative Director and President, setting up working groups for each of six materiality issues (climate change response, supply chain, customer value creation, food safety, employee job satisfaction, and strengthening of management foundation) to manage KPIs.
Last updated: March 25, 2026