KITZ CORPORATION
6498・Prime Market・Machinery
Governance
As a company with a Nominating Committee and other statutory committees, the company clearly separates supervision and execution. Of the 10 directors, 7 are independent outside directors (outside director ratio of 70%), and independent outside directors chair each of the Nomination, Audit, Compensation, and Risk Committees. Board meeting attendance rates for all directors are high, ranging from 93% to 100%.
Risk Management
Based on the risk assessment criteria established by the C&C Management Committee, risks are quantitatively assessed along the two axes of "frequency of occurrence" and "degree of impact" to identify key risks and material risks. A voluntary Risk Committee (chaired by an independent outside director) has been established directly under the Board of Directors, and a three-tier structure has been adopted in which the Internal Audit Office evaluates the development and operational status from an independent standpoint.
Shareholder Returns
The annual dividend forecast for FY2026 (ending December 2026) is ¥59 per share (¥29 at the second quarter-end plus ¥30 at year-end), an increase of ¥6 from the previous fiscal year. The company targets a consolidated payout ratio of 40% or more, and there is no change to the dividend forecast. The policy is to consider share buybacks as appropriate.
Dividend Policy
The company considers a consolidated payout ratio of 40% or more to be a desirable level, and pays dividends twice a year (interim and year-end) while paying attention to the continuity and stability of dividends. The decision-making body for dividends of surplus, etc. is the Board of Directors. The annual dividend for FY2025 (ending December 2025) was ¥53 per share (¥21 interim plus ¥32 year-end). The annual dividend forecast for FY2026 (ending December 2026) is ¥59 per share (¥29 at the second quarter-end plus ¥30 at year-end), with no revision from the most recently announced forecast.
ESG
Under the environmental long-term vision "3ZERO," the company achieved a CO2 reduction rate of -90.8% in FY2025 versus the FY2013 baseline (Scope 1 and 2, domestic group), and is promoting the adoption of renewable energy toward its 2030 carbon neutrality target. On the social side, the company is strengthening human capital management through its DE&I policy, PRIDE Index Gold certification (for the second consecutive year), a male childcare leave uptake rate of 88.2%, and a female manager ratio of 8.4%. It has also conducted climate change scenario analysis (SSP1/SSP3) based on TCFD recommendations, and positions valves for hydrogen and LNG applications as growth opportunities.
Last updated: March 19, 2026