NITTO DENKO CORPORATION
6988・Prime Market・Chemicals
Governance
The company operates as a company with a Board of Corporate Auditors and has adopted an executive officer system, establishing a Nomination and Compensation Advisory Committee centered on independent outside officers. From June 2026, the committee is to be restructured into an advisory body to the Board of Directors, transitioning to a composition in which outside directors hold a majority (4 outside directors out of 9 total directors).
Risk Management
Business risks are managed by each business execution department, while operational risks are managed by specialized functional departments, with overall oversight by the risk management officer and department in charge. Monitoring results are reported to and deliberated at the monthly Management Strategy Meeting (comprising all executive officers), and in the event of an emergency, a system has been established to set up an emergency response headquarters under the President.
Shareholder Returns
Target of DOE of 4% or more and total shareholder return ratio of 60% or more. Annual dividend for FY2026 (ending March 2026) is ¥60 per share (an increase of ¥4 from ¥56 in the previous period), with a payout ratio of 30.4%. For FY2027 (ending March 2027), ¥64 per share is planned (an increase of ¥4). Share buybacks (up to 20 million shares / ¥50 billion) are also being conducted.
Dividend Policy
The basic policy is stable profit distribution aiming for a DOE (Dividend on Equity ratio) of 4% or more and a total shareholder return ratio of 60% or more, with dividends 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 annual dividend is ¥60 per share, comprising an interim dividend of ¥30 and a year-end dividend of ¥30 (an increase of ¥4 from ¥56 in the previous period), with a payout ratio of 30.4% and total dividends of ¥40,419 million. For FY2027 (ending March 2027), an annual dividend of ¥64 per share is planned (an increase of ¥4). Share buybacks are also conducted as part of flexible capital policy.
ESG
Under the policy of "placing ESG at the center of management," the company has set 10 materiality issues including climate change, a circular society, and human capital. FY2025 results included CO2 emissions (Scope 1+2) of 361kton (achieving the target of 470kton), a waste plastic recycling rate of 54%, and an engagement score of 81, with many indicators achieving their targets. The company has declared carbon neutrality by 2050, obtained SBT certification, and is also registered as a TNFD Adopter.
Last updated: June 17, 2026