Chino Corporation
6850・Prime Market・Electric Appliances
Governance
The company has established a governance structure based on the Board of Directors (6 members, of which 3 are outside directors), the Board of Corporate Auditors, and the Management Committee, operating as a company with a Board of Corporate Auditors. It has introduced an executive officer system to separate decision-making from business execution, and has voluntarily established a "Nomination and Compensation Advisory Committee," in which independent outside directors hold a majority, to ensure transparency and objectivity.
Risk Management
The company has established a Risk Management Committee, chaired by the President and Representative Director, which identifies, evaluates, and determines countermeasures for company-wide management risks, and monitors them. Climate change risks are analyzed qualitatively and quantitatively using multiple scenarios by the Sustainability Promotion Council, with a framework in place for final reporting to the Board of Directors.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥25 interim and ¥30 year-end (post stock split), totaling ¥710 million in dividends, with a payout ratio of 35.3%. The forecast for FY2027 (ending March 2027) is a total of ¥60, comprising a ¥50 ordinary dividend plus a ¥10 commemorative dividend, with a payout ratio of 45.7%. Share buybacks were also conducted (¥456 million during the current fiscal year).
Dividend Policy
The basic policy is to increase dividends through sustained profit growth, with dividends paid twice a year (interim and year-end). The payout ratio for FY2026 (ending March 2026) is 35.3% (total dividends of ¥710 million). For FY2027 (ending March 2027), the company forecasts a total dividend of ¥60, consisting of a ¥50 ordinary dividend plus a ¥10 founding anniversary commemorative dividend, with an expected payout ratio of 45.7%. Note that a 2-for-1 stock split of common shares was implemented effective October 1, 2025.
ESG
The company supports the TCFD recommendations and has conducted scenario analyses under 2°C and 4°C scenarios. Aiming for "substantially zero GHG emissions by FY2026" and "complete zero by FY2040," it is promoting the switch to renewable energy power and the introduction of EVs at its major domestic sites, while also addressing human capital development, engagement improvement, and restructuring of its personnel system as key themes in its medium-term management plan.
Last updated: June 25, 2026