NSK Ltd.
6471・Prime Market・Machinery
Governance
As a company with a Nomination Committee, etc., the company is structured with a board of 9 directors (5 outside, 4 internal), with outside directors holding a majority. Independent authority is granted to the three committees—Nomination, Audit, and Compensation. All outside directors are registered as independent officers, ensuring a thorough separation of oversight and execution.
Risk Management
The Corporate Planning Division is responsible for overseeing company-wide risk management, while the Crisis Management Committee oversees business continuity management. The Corporate Audit Department, reporting directly to the CEO, audits the risk management status of each division and has established a system for regularly reporting the results to the Audit Committee and the Board of Directors.
Shareholder Returns
Maintains a stable and continuous dividend policy combining a payout ratio target of 30-50% with a DOE floor of 2.5%. For FY2026 (ending March 2026), the annual dividend per share is ¥34 (interim ¥17 + year-end ¥17), unchanged from the previous fiscal year. For FY2027 (ending March 2027), an annual dividend of ¥34 per share (interim ¥17) is planned.
Dividend Policy
In addition to a payout ratio target of 30-50%, the company has set a target of maintaining DOE (dividends to owners of parent equity ratio) at a floor guideline of 2.5%, with a policy of implementing stable and continuous dividends. For FY2026 (ending March 2026), the annual dividend is ¥34 per share (interim ¥17 + year-end ¥17), with total dividends of ¥16,954 million, a payout ratio of 72.7%, and DOE of 2.5%. For FY2027 (ending March 2027), an annual dividend of ¥34 per share (interim ¥17) is planned. Share buybacks will be implemented flexibly, taking into account cash position and stock market conditions, among other factors.
ESG
On climate change response, the company achieved its target of reducing Scope 1+2 CO2 emissions by 50% versus FY2017 levels ahead of schedule in FY2023, and obtained the highest rating of A in the CDP Climate Change category. In human capital, the company achieved a sustainable engagement score of 74% (up 2pt year-on-year), and under the Medium-Term Management Plan 2028, has set "maximizing the value of human capital" as a key initiative, establishing KPIs such as a diversity ratio of 35% or higher and 50 hours of annual learning time per employee.
Last updated: June 22, 2026