KYORITSU ELECTRIC CORPORATION
6874・Standard Market・Electric Appliances
Governance
The Board of Directors consists of 9 members (including 2 outside directors: Masashi Suzuki and Makoto Mochizuki, both independent officers), and the company is a company with a Board of Corporate Auditors. The Board of Directors met 15 times during the fiscal year under review, with high attendance rates for all members. A Nomination Committee and a Compensation Committee have not been established; instead, the company employs a system in which the Budget Committee broadly deliberates on management issues, thereby contributing to the enhancement of the Board of Directors' discussions.
Risk Management
The company has established the "Compliance and Risk Management Committee (CR Management Committee)" to comprehensively manage company-wide risks, including sustainability-related risks. Matters discussed and approved by the CR Management Committee are regularly reported to the Board of Directors, which oversees and supervises the process. In the event of an emergency, an "Emergency Response Headquarters," headed by the President, handles crisis management.
Shareholder Returns
The basic policy is a year-end dividend once per year, emphasizing stable and continuous dividends and their increase. The FY2025 (ended June 2025) result was ¥140 (pre-stock-split; equivalent to ¥70 post-split), and the FY2026 (ending June 2026) forecast is ¥90 post-split (paid as a single year-end dividend). The articles of incorporation include provisions allowing flexible share buybacks by resolution of the Board of Directors.
Dividend Policy
The basic policy is to take a long-term perspective and emphasize stable and continuous dividends and their increase, aiming to maintain appropriate and continuous profit distribution. Dividends of surplus are paid once per year at fiscal year-end (determining body: shareholders' meeting). A 2-for-1 stock split was implemented effective July 1, 2025. FY2025 (ended June 2025) result: year-end dividend of ¥140 (actual dividend amount before the stock split). FY2026 (ending June 2026) forecast: year-end dividend of ¥90 (post-split), for an annual total of ¥90. The second-quarter-end dividend is ¥0. No revision has been made to the earnings forecast (the figures announced on August 13, 2025 are maintained).
ESG
Sustainability governance is overseen by the Board of Directors, with the CR Management Committee responsible for overall risk management. On the human capital front, the company has established an Education Committee, is promoting AI/DX talent development and 1-on-1 meetings, and has adopted a policy of utilizing diverse talent regardless of gender, nationality, or career background, although specific ESG indicators and targets have not yet been set. The proportion of women in management positions is 0.0%, the male childcare leave take-up rate is 75.0%, and the gender pay gap across all workers is 58.9% (65.1% for regular employees, 87.2% for non-regular employees).
Last updated: September 24, 2025