Japan Resistor Mfg.Co.,Ltd.
6977・Standard Market・Electric Appliances
Governance
The company has a Board of Corporate Auditors. The Board of Directors consists of 7 directors (2 outside directors) and the Board of Corporate Auditors consists of 4 auditors (3 outside auditors). The Board of Directors meets 16 times a year, with all members maintaining a high attendance rate. No nomination committee or compensation committee has been established. A legal advisory framework is in place through a retainer agreement with an attorney.
Risk Management
The Board of Directors, Management Committee, and Board of Corporate Auditors hold regular monthly meetings to identify anticipated risks, share information, and discuss response policies. Environmental impact risk is managed through an environmental management system based on ISO14001, with monitoring and measurement conducted for each environmental aspect. Subsidiary risk is addressed through regular internal audits and a reporting structure to the Management Committee.
Shareholder Returns
Dividends are paid twice a year. The annual dividend for FY2027 (December 2027) was ¥25 per share (interim ¥15 + year-end ¥10). The forecast for FY2028 (December 2028) is an increased annual dividend of ¥30 per share (interim ¥15 + year-end ¥15). Share buybacks can be implemented flexibly by resolution of the Board of Directors under the Articles of Incorporation.
Dividend Policy
Dividends are determined based on earnings, taking into account the continuation of stable dividends and the need to build up internal reserves in preparation for future business development. Dividends are paid twice a year, as an interim dividend and a year-end dividend. The actual result for FY2027 (December 2027) was an annual dividend of ¥25 per share (interim ¥15 + year-end ¥10). The forecast for FY2028 (December 2028) is an annual dividend of ¥30 per share (interim ¥15 + year-end ¥15).
ESG
In December 2021, the company formulated the "Nippon Resistor Group SDGs Declaration." It has obtained ISO9001 and ISO14001 certifications and established quality and environmental management systems. On the environmental front, it is working to reduce energy consumption and waste, while on the human capital front, it is promoting the use of paid leave, thorough enforcement of harassment prohibition, and the promotion of employment for the elderly and persons with disabilities. Quantitative indicators and targets have not yet been established at this time.
Last updated: March 27, 2026