KEL CORPORATION
6919・Standard Market・Electric Appliances
Governance
Company with an Audit and Supervisory Committee (transitioned to this structure in 2015). The Board of Directors consists of 7 members (including 3 Audit and Supervisory Committee members and 2 outside directors serving as independent officers), and held 17 meetings in FY2026 (ending March 2026), with an attendance rate of 100% among all directors. An annual evaluation of the Board's effectiveness is conducted, and enhancing the governance framework in light of declining profitability has been recognized as a challenge.
Risk Management
Based on the
Shareholder Returns
The company aims for a consolidated payout ratio of 40% or more and a minimum DOE (consolidated net asset dividend rate) of 3.8%, paying dividends twice a year (interim and year-end). For FY2025 (ending March 2025), the year-end dividend was ¥40 per share (annual total of ¥80), resulting in a DOE of 3.8% and a payout ratio of 144.8%. The articles of incorporation stipulate that dividends of surplus may be implemented flexibly by resolution of the Board of Directors. The articles of incorporation also stipulate that share buybacks may be implemented by resolution of the Board of Directors.
Dividend Policy
The company targets a consolidated payout ratio of 40% or more and has set a minimum DOE (consolidated net asset dividend rate) of 3.8%. The basic policy is to pay dividends twice a year, comprising an interim dividend and a year-end dividend. Internal reserves are to be utilized for new product and new technology development, as well as medium- to long-term capital investment.
ESG
On the environmental front, the company operates an environmental management system based on ISO14001 and has obtained CDP ratings (Climate Change B-, Water Security C). Domestic Scope 1+2 emissions totaled 2,008 tCO2eq in FY2025, a 6.7% reduction from the base year. In terms of human capital, the company is promoting diversity and health management initiatives, including a target of 40% or more female representation among new hires (actual: 33.3%), obtaining Certified Health & Productivity Management Organization (Silver) recognition, and introducing a next-generation talent development program.
Last updated: June 25, 2026