TOYO DENKI SEIZO K.K.
6505・Standard Market・Electric Appliances
Governance
Company with a Board of Corporate Auditors (3 of 7 directors are outside directors). Adopts a system separating the Board of Directors from executive officers, and has established a voluntary Nomination and Compensation Advisory Committee, an Internal Control Committee, and a Sustainability Committee. The Board of Directors met 17 times during the year, with full attendance by all directors.
Risk Management
The Internal Control Committee, under the Board of Directors, analyzes and evaluates risks quarterly based on the Basic Risk Management Regulations and reports to the Board of Directors. Climate change risk is handled by the Sustainability Committee, and a structure has been established in which the Sustainability Working Group implements and monitors company-wide response measures.
Shareholder Returns
Basic policy is a payout ratio of 30% or more. For FY2026 (ending May 2026), an annual dividend of ¥100 per share is planned (total dividends of ¥914 million, payout ratio of 30.3%). The forecast for FY2027 (ending May 2027) is an annual dividend of ¥116 per share (payout ratio of 40.3%). As a subsequent event, the company resolved to dispose of treasury shares via third-party allotment to JR East (578,000 shares at ¥2,013 per share).
Dividend Policy
The basic policy is to continuously and stably maintain a payout ratio of 30% or more. For FY2026 (ending May 2026), a year-end dividend of ¥100 per share is planned (annual dividend of ¥100, total dividends of ¥914 million, payout ratio of 30.3%). For FY2027 (ending May 2027), an annual dividend of ¥116 per share is forecast, consisting of an interim dividend of ¥58 and a year-end dividend of ¥58 (payout ratio of 40.3%). Year-end dividends are the basic approach, though interim dividends are also permitted under the Articles of Incorporation.
ESG
The company supports the TCFD framework and analyzes climate change risks and opportunities under two scenarios (1.5°C/4°C). It has set targets to reduce Scope 1 and 2 CO2 emissions by 10% by FY2026 (ending March 2026), 30% by FY2030 (ending March 2030), and 100% by FY2050 (ending March 2050), compared to FY2018 levels. In terms of human capital, the company discloses initiatives for women's advancement (targeting 25% or more of section chief-level positions in administrative departments held by women by FY2026), a male childcare leave uptake rate of 62.5% (up 19.6 pt year on year), and an employment rate of persons with disabilities of 3.54%. Since 2022, the company has continuously obtained certification as an Excellent Enterprise of Health and Productivity Management (Large Enterprise Category). It has identified five materiality issues (promoting the advancement of diverse human resources, creating innovation through technology, stable procurement and high-quality manufacturing, contributing to a decarbonized society, and conducting responsible corporate activities), with the Sustainability Committee monitoring progress quarterly and reporting to the Board of Directors.
Last updated: August 26, 2025