Meiko Electronics Co., Ltd.
6787・Prime Market・Electric Appliances
Governance
The company has adopted a company with an audit & supervisory board structure, comprising 9 directors (of whom 4 are outside directors, an outside ratio of approximately 44%). It has introduced an executive officer system, delegating authority from the Board of Directors to improve management efficiency while maintaining oversight functions. Accounting audits are conducted by KPMG AZSA LLC.
Risk Management
The company has established a Risk and Compliance Committee to conduct company-wide risk management. Sustainability-related risks are examined in detail at the Sustainability Promotion Council, and a framework has been put in place under which an emergency response headquarters, headed by the President, is set up in the event a material risk materializes.
Shareholder Returns
The basic policy is stable dividends twice a year (interim and year-end); the FY2026 (ending March 2026) common stock dividend is ¥115 per share (interim ¥45 + year-end ¥70), with a payout ratio of 15.2%. The forecast for FY2027 (ending March 2027) is an increased dividend of ¥160 (interim ¥80 + year-end ¥80). No share buybacks are being conducted.
Dividend Policy
The basic policy is to maintain stable dividends by comprehensively taking into account business performance and other factors. Dividends of surplus are determined by resolution of the Board of Directors (as stipulated in the Articles of Incorporation). The record dates are twice a year: the fiscal year-end (March 31) and the interim date (September 30). The FY2026 (ending March 2026) common stock dividend is ¥115 per share (interim dividend ¥45, year-end dividend ¥70), with total dividends of ¥2,990 million and a payout ratio of 15.2%. The forecast for FY2027 (ending March 2027) is ¥160 per share (interim ¥80 + year-end ¥80), with a projected payout ratio of 15.4%. For the No. 1 Bond-Type Class Shares (70 shares issued), an annual dividend of ¥4,500,000 per share is also paid in accordance with the issuance terms.
ESG
In 2021, the company formulated its Basic Policy on Sustainability and established a Sustainability Promotion Committee. In addressing climate change, it has set targets of achieving carbon neutrality by 2050 and reducing domestic CO2 emissions intensity by 50% by 2030, and has conducted scenario analysis using the IEA NZE scenario and the RCP8.5 scenario. In human capital, the company promotes the utilization of global talent, with foreign nationals accounting for 87.6% of employees, and is also working to ensure diversity, including raising the ratio of female executives and obtaining certification as a 2026 Outstanding Health and Productivity Management Organization (Kenko Keiei Yuryo Hojin).
Last updated: June 26, 2026