NF HOLDINGS CORPORATION
6864・Standard Market・Electric Appliances
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 7 directors (including 2 outside directors), and all 3 corporate auditors are outside corporate auditors. The company has introduced an executive officer system to separate decision-making from execution, and the Board of Directors meets 14 times per year. It continues to maintain a takeover defense measure (targeting shareholders with a voting rights ratio of 20% or more) and has established an independent committee.
Risk Management
Risks are promptly identified, analyzed, and evaluated at the board of directors and management meetings of each group company, and then consolidated for centralized management by the Board of Directors of the Company, the holding company. The Group Compliance Oversight Committee oversees the risk inventory process and has established a framework to share information with group companies as needed.
Shareholder Returns
The basic policy is to maintain stable dividends, with the dividend per share for FY2026 (ending March 2026) raised to ¥36 (up ¥4 year on year). The dividend payout ratio is 39.0%. The dividend per share for FY2027 (ending March 2027) is also forecast at ¥36. Share buybacks can be conducted flexibly under the Articles of Incorporation.
Dividend Policy
Dividends are determined based on a basic policy of stable dividends, taking overall business performance and other factors into comprehensive consideration. The basic approach is one dividend payment per year (at fiscal year-end), though interim dividends are also permitted under the Articles of Incorporation. Recent dividend history: FY2025 (ended March 2025) ¥32 per share (total dividends of ¥224 million, payout ratio of 49.8%); FY2026 (ending March 2026) ¥36 per share (total dividends of ¥252 million, payout ratio of 39.0%). For FY2027 (ending March 2027), a dividend of ¥36 per share (payout ratio of 36.1%) is forecast. Retained earnings are utilized in preparation for future business development.
ESG
The company positions the reduction of environmental impact and the resolution of societal challenges through technological innovation as a source of value creation, and is engaged in the development of power supplies for hydrogen generation, energy storage systems, quantum computers, and other products. On the human capital front, the company emphasizes ensuring diversity and developing human resources through initiatives such as promoting the appointment of women and foreign nationals, supporting the balance between childcare/caregiving and work, and introducing a
Last updated: June 24, 2026