MATSUO ELECTRIC CO.,LTD.
6969・Standard Market・Electric Appliances
Governance
The Board of Directors consists of 5 members in total: 3 internal directors and 2 outside directors (outside director ratio of 40%). The company is a company with a board of company auditors. It has established a voluntary compensation committee, which meets twice a year. The Board of Directors met 16 times during the fiscal year under review, with all members maintaining a high attendance rate.
Risk Management
A system has been established whereby each division routinely monitors risks related to compliance, the environment, disaster prevention, export control, and other areas, and reports to the Board of Directors, the Management Committee, and the Board of Corporate Auditors. A basic risk management policy has been established as part of the company's management principles, and within the sustainability promotion framework, the officer in charge of compliance management and the officer in charge of risk management convene the Compliance and Risk Management Promotion Meeting as necessary.
Shareholder Returns
The company will continue to forgo dividends in FY2026 (ending March 2026) in order to secure funds for capital investment. However, a dividend resumption of ¥15 per share is planned for FY2027 (ending March 2027) (payout ratio of 12.2%). The policy aims to achieve the dividend resumption in the final year of the medium-term management plan.
Dividend Policy
The basic policy is to pay dividends once a year at fiscal year-end, aiming to balance the maintenance of stable dividends with the securing of internal reserves. For FY2026 (ending March 2026), no dividend will be paid in consideration of the need to secure funds for capital investment based on the plan to increase production of Conductive Polymer Tantalum Capacitors. For FY2027 (ending March 2027), a dividend resumption of ¥15 per share annually is planned (payout ratio of 12.2%).
ESG
On the environmental front, the company achieved all six environmental targets for the fiscal year, including reduction of emissions, reduction of energy consumption, and maintenance of zero emissions. On the human capital front, it established a Basic Policy on Human Rights and a Code of Conduct, and disclosed a paid leave utilization rate of 60.8%, a ratio of female officers of 12.5%, and a ratio of foreign national employees of 3.5%. It is also working on work-style reforms, harassment prevention, and promoting the uptake of childcare leave by male employees.
Last updated: June 25, 2026