NFK HOLDINGS CO.,LTD.
6494・Standard Market・Machinery
Governance
The company has a Board of Corporate Auditors. The Board of Directors consists of 4 directors (including 2 outside directors, a 50% outside ratio), and there are 3 corporate auditors (including 2 outside auditors). The attendance rate at Board of Directors meetings for all directors is 100%. No nomination committee or compensation committee has been established.
Risk Management
The Internal Control staff of the General Affairs Department conducts risk hearings twice a year to review and mitigate all risks, including climate change and human capital. Risk management details are reported to the Internal Control Committee, and following the consolidation of Castrico as a subsidiary in August 2025, Electronics Business-specific risks such as semiconductor market fluctuations and dependence on specific customers have newly been added to the scope of risk management.
Shareholder Returns
Both the FY2026 (ending March 2026) and FY2027 (ending March 2027) forecasts call for continuation of no annual dividend (¥0.00). The Articles of Incorporation include provisions regarding share buybacks. The company maintains a policy of prioritizing growth investment and building internal reserves over shareholder returns.
Dividend Policy
Annual dividends were ¥0.00 (no dividend) for both FY2025 (ended March 2025) and FY2026 (ending March 2026). The FY2027 (ending March 2027) forecast is also ¥0.00 (no dividend). Neither the payout ratio nor the dividend-on-equity ratio is disclosed. The policy is to prioritize investment for establishing a growth foundation and building up internal reserves.
ESG
In the Industrial Furnace Combustion Equipment Business, the company is advancing development of products compatible with decarbonized fuels, including hydrogen burner development. In the Electronics Business, it is contributing to automation and labor-saving at manufacturing sites. On the human capital front, the holding company has achieved its target of 20% or more female representation in management positions; Nippon Furnace Kogyo has promoted the take-up of childcare leave by male employees and continued new graduate recruitment; and at Castem Recyco, the female representation ratio in management positions stands at 18.5% (against a target of 20% or more), falling short of the target, with efforts continuing to close the gap.
Last updated: June 26, 2026