ENDO Lighting Corporation
6932・Standard Market・Electric Appliances
Governance
The company is a company with a board of company auditors, with the Board of Directors comprising 5 directors (of which 2 are outside directors). It has established a voluntary Nomination and Compensation Advisory Committee, with the representative director and outside directors serving as committee members. The Board of Directors held 19 meetings during the fiscal year under review, with full attendance maintained.
Risk Management
The Company has established a Compliance and Risk Management Committee, under which each business division autonomously manages risk based on the Risk Management Regulations. Sustainability-related risks are deliberated by the Sustainability Committee and then coordinated with the Compliance and Risk Management Committee for integrated management. The Internal Audit Office audits the risk management status across the group and reports to the Representative Director.
Shareholder Returns
Dividend per share for FY2026 (ending March 2026) is ¥88 (interim ¥40 + year-end ¥48), a substantial increase from ¥50 in the previous period. Payout ratio is 29.9%. The same ¥88 is forecast for FY2027 (ending March 2027). During the period, the company issued convertible bond-type bonds with stock acquisition rights (¥5,019 million) and also conducted share buybacks (¥25 million).
Dividend Policy
The basic policy is to maintain stable dividends over the long term, determined by taking into account the company's earnings condition and the depth of retained earnings, among other factors. Dividends are paid twice a year: an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved by the General Meeting of Shareholders). For FY2026 (ending March 2026), the dividend per share is ¥88.00 (interim ¥40.00, year-end ¥48.00), with a payout ratio of 29.9% and total dividends of ¥1,299 million. The same ¥88.00 (interim ¥40.00, year-end ¥48.00) is forecast for FY2027 (ending March 2027).
ESG
The company endorses TCFD and discloses climate change information. Since Scope 3 Category 11 (use of sold products) accounts for 96.2% of emissions, the company has achieved a 20% reduction versus FY2013 levels (targeting a 26% reduction by 2031) through the expansion of high-efficiency LED and dimming control products. In terms of human capital, the company has implemented base pay increases for four consecutive years, improved its engagement score by 2.5% year-on-year, achieved a female manager ratio of 11.5% (target: 12%), and achieved a male childcare leave uptake rate of 106.3%. From FY2025, sustainability indicators have been added to directors' performance-linked compensation.
Last updated: June 23, 2026