AXELL CORPORATION
6730・Standard Market・Electric Appliances
Governance
As a company with an Audit and Supervisory Committee, the Board of Directors consists of 8 directors (4 executive directors and 4 outside directors), with an outside director ratio of 50%. All directors attended all 13 Board meetings held during the fiscal year, strengthening audit and oversight functions.
Risk Management
The Company has established Crisis Management Regulations and Compliance Regulations, and conducts seminars for all employees while maintaining internal and external whistleblowing contact points. Regarding sustainability risks, the Company also conducts periodic assessment and analysis, and has built a reporting structure to the Board of Directors.
Shareholder Returns
Dividend payout ratio target of 50% in principle. For FY2026 (ending March 2026), a dividend of ¥57 per share was implemented (increased from ¥49 during the fiscal year, total dividends of ¥613 million, consolidated payout ratio of 50.1%). The forecast for FY2027 (ending March 2027) is ¥41 per share (payout ratio of 49.6%). In the current fiscal year, ¥227 million in share buybacks was conducted.
Dividend Policy
The company adopts as a principle a dividend amount equal to 50% of net income attributable to owners of parent (payout ratio of 50%). If the dividend amount calculated at a 50% payout ratio falls below the previous year's dividend amount, the company will consider the dividend amount taking into account the previous dividend level while securing appropriate internal reserves. Priority is given to consolidated financial results. Internal reserves are targeted at approximately three years' worth of selling, general and administrative expenses, and will be utilized for research and development and new business development based on the mid- to long-term growth strategy.
ESG
The company has identified human capital, intellectual capital, and social capital as materiality issues, and is working to improve employee engagement and promote diversity. It has set a target of raising the ratio of women in management positions to 15% or more by March 2029, and its Sustainability Promotion Project coordinates with the Board of Directors to address these issues.
Last updated: June 16, 2026