Kyowa Corporation
6570・Standard Market・Services
Governance
Company with an Audit and Supervisory Committee. The Board of Directors comprises 7 members in total: 4 executive directors and 3 outside directors serving as Audit and Supervisory Committee members, with all outside directors concurrently serving on the Audit and Supervisory Committee. The Board of Directors met 13 times during the year, achieving full attendance by all members. The company has established a Management Committee, a Risk and Compliance Committee, and a Sustainability Promotion Committee to strengthen governance.
Risk Management
Risks are managed under five categories: "Management," "Finance," "Legal Affairs," "AM Equipment," and "Operations." The Corporate Planning Office serves as the risk oversight department, identifying and evaluating company-wide risks, with a system in place to report to the Board of Directors once every quarter. The Risk and Compliance Committee meets monthly to examine and formulate cross-organizational countermeasures.
Shareholder Returns
The basic policy is to pay dividends twice a year (interim and year-end). For FY2026 (ending March 2026), the dividend is ¥25 per share (interim ¥12.50 + year-end ¥12.50), with a payout ratio of 13.3%. A significant dividend increase to ¥40 (interim ¥20 + year-end ¥20) is forecast for FY2027 (ending March 2027). A small amount of share buybacks has been conducted.
Dividend Policy
The basic policy is to continue paying stable, long-term dividends while strengthening the management foundation and improving the equity ratio. Dividends are paid twice a year (interim and year-end). For FY2026 (ending March 2026), the dividend is ¥25 per share (interim ¥12.50 + year-end ¥12.50), with total dividends of ¥149 million, a payout ratio of 13.3%, and a dividend-on-equity ratio of 2.8%. The forecast for FY2027 (ending March 2027) is ¥40 per share (interim ¥20 + year-end ¥20), with a payout ratio of 19.6%.
ESG
Established an oversight framework through the Sustainability Promotion Committee and the Board of Directors. Human capital strategy is treated as the top priority issue, with key indicators such as the proportion of women among all workers (47.3%) and the male childcare leave utilization rate (66.7%) achieving their targets. The proportion of women in management positions (9.3%) fell short of the 15% target, and the company recognizes improvement through raising the proportion of women among regular employees as an issue to address.
Last updated: June 23, 2026