SAXA, Inc.
6675・Standard Market・Electric Appliances
Governance
Company with a Board of Corporate Auditors (planned transition to a Company with an Audit and Supervisory Committee at the Annual General Meeting of Shareholders on June 25, 2026). The Board of Directors is composed of up to 10 members, and during the fiscal year under review it operated with 9 members, including 6 outside directors. The Company has established a voluntary Nomination Committee and Compensation Committee to ensure transparency and objectivity.
Risk Management
The Compliance & Risk Management Committee (chaired by the Executive Officer in charge of internal control) meets semiannually to consolidate and manage risk reports from group companies. Risk identification is also carried out through the quality, environmental, and information security management systems, and the internal audit function (Audit Office), staffed by 9 personnel, conducts internal audits covering the entire group.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥305 (ordinary dividend of ¥135 + special dividend of ¥170), total dividends of ¥1,771 million, and a payout ratio of 128.7%. The implementation period for the special dividend (total of approximately ¥3.0 billion) has been moved forward from 5 years (10 installments) to 2.5 years (5 installments). The forecast for FY2027 (ending March 2027) is an annual dividend of ¥125 (after the stock split). A 1-for-3 stock split was implemented effective April 1, 2026.
Dividend Policy
There is no change to the ordinary dividend policy; the forecast ordinary dividend for FY2027 (ending March 2027), converted for the post-split basis, is ¥46 per year (¥22 at the end of the second quarter + ¥24 at year-end). Regarding the special dividend, the company originally planned to pay a total of approximately ¥3.0 billion over 5 years (10 installments) from FY2026 (ending March 2026) through FY2030 (ending March 2030), but has changed its policy to move this forward to 2.5 years (5 installments), without changing the total amount, to be completed by the interim dividend with a record date at the end of the second quarter of FY2028 (ending March 2028). Actual results for FY2026 (ending March 2026) were ¥115 at the end of the second quarter (ordinary ¥65 + special ¥50) plus ¥190 at year-end (ordinary ¥70 + special ¥120), totaling an annual dividend of ¥305, with total dividends of ¥1,771 million and a payout ratio of 128.7%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥125 (¥61 at the end of the second quarter + ¥64 at year-end, post-split), consisting of an ordinary dividend of ¥46 and a special dividend of ¥79. Additionally, a stock split at a ratio of 3 shares for every 1 share of common stock was implemented effective April 1, 2026.
ESG
In response to climate change, the company has obtained SBTi certification and set targets to reduce Scope 1+2 CO2 emissions by 42% by FY2030 (versus FY2023 levels; FY2025 actual reduction: 19.6%), and to reduce Scope 3 emissions by 25% over the same period. On the human capital front, the company continues activities under the D&I Promotion Committee, with a female manager ratio of 5.6% (FY2025), and has been certified as an Excellent Health Management Corporation for four consecutive years, among other multifaceted ESG initiatives.
Last updated: June 24, 2026