MAEZAWA KYUSO INDUSTRIES CO.,LTD.
6485・Standard Market・Machinery
Governance
As a company with a Board of Corporate Auditors, the Board of Directors consists of 5 directors (including 2 outside directors), and the company has established a voluntary Nomination Committee and Compensation Advisory Committee (in both of which independent outside directors constitute a majority of members). This structure balances swift decision-making by a small group with external oversight and audit functions.
Risk Management
Based on the
Shareholder Returns
In August 2025, the dividend policy was changed to a progressive dividend policy targeting a DOE of approximately 3%. For FY2026 (ending March 2026), the annual dividend per share is ¥63 (interim ¥30 + year-end ¥33, of which ¥1.50 each is a commemorative dividend), with a payout ratio of 48.1%. For FY2027 (ending March 2027), an annual dividend of ¥60 (ordinary dividend only) is planned. Share buybacks are also continuing to be conducted (¥526 million in the current fiscal year).
Dividend Policy
Following the policy change announced on August 7, 2025, the company has adopted a "progressive dividend" policy for ordinary dividends, targeting a net asset dividend rate (DOE) of approximately 3% with consideration for stability and continuity. The commemorative dividend is treated as separate from the basic DOE and progressive dividend policy. FY2026 (ending March 2026) results: annual dividend of ¥63 (interim ¥30 = ordinary dividend ¥28.50 + commemorative dividend ¥1.50; year-end ¥33 = ordinary dividend ¥31.50 + commemorative dividend ¥1.50), total dividends of ¥1,282 million, payout ratio of 48.1%. FY2027 (ending March 2027) forecast: annual dividend of ¥60 (interim ¥28.50 + year-end ¥31.50, ordinary dividend only), forecast payout ratio of 61.1%. Share buybacks of ¥526 million were conducted in the current fiscal year (treasury shares outstanding at fiscal year-end: 1,142,071 shares).
ESG
The company is advancing climate change response in line with TCFD recommendations (conducting 1.5°C and 4°C scenario analyses), and has set a target of reducing total CO₂ emissions by 50% by March 2031 compared to March 2014 (actual result for FY2026 (ending March 2026): 4,249 t-CO₂). In terms of human capital, the company has set targets of a ratio of women in section-chief-level positions of 10% or more (target for March 2031) and a ratio of women in the Production Division of 20% or more, while also advancing the development of systems such as telework and flextime.
Last updated: June 24, 2026