NAGOYA ELECTRIC WORKS CO.,LTD.
6797・Standard Market・Electric Appliances
Governance
Company with an Audit and Supervisory Committee (transitioned in June 2023). The Board of Directors consists of 10 members, including 3 outside directors, and meets once a month. No nomination committee or compensation committee has been confirmed to exist, and a takeover defense measure (the Plan) was renewed and approved at the June 2024 shareholders' meeting.
Risk Management
The company has established a Risk Management and Compliance Committee and a Sustainability Committee to identify, assess, and prioritize risks. A framework is in place under which significant risks are regularly reported to the Board of Directors. The company also operates an environmental management system based on ISO14001.
Shareholder Returns
For FY2026 (ending March 2026), a dividend of ¥45 per share (payout ratio 34.8%) was implemented. For FY2027 (ending March 2027), a total dividend of ¥50 per share is planned, comprising an ordinary dividend of ¥45 plus a commemorative dividend of ¥5 for the company's 80th anniversary. During the current fiscal year, an employee stock benefit trust was introduced and share buybacks were also carried out.
Dividend Policy
The basic policy is to implement stable dividends, striving to maintain and improve the absolute dividend amount. Dividends are paid twice a year, an interim dividend (record date September 30) and a year-end dividend. For FY2026 (ending March 2026), the dividend is ¥45 per share (total dividend amount ¥547 million, payout ratio 34.8%, dividend on equity ratio 2.3%). For FY2027 (ending March 2027), a total of ¥50 per share is planned, comprising an ordinary dividend of ¥45 plus a commemorative dividend of ¥5 for the company's 80th anniversary (projected payout ratio 104.9%). Note that a 2-for-1 stock split of common shares was implemented effective April 1, 2025, and the ¥85 dividend for FY2025 (ended March 2025) represents the actual dividend amount before the split.
ESG
The company is conducting climate change scenario analysis based on the TCFD recommendations. It aims to reduce GHG emissions (Scope 1 and 2) by 50% or more from FY2013 levels by FY2030, and by 100% by FY2050. On the human capital front, the company is promoting diversity initiatives, including a target of 3.5% for the ratio of female managers (FY2030 target) and achieving a 100% take-up rate for male employees' childcare leave.
Last updated: June 19, 2026