SHIZUKI ELECTRIC COMPANY INC.
6994・Standard Market・Electric Appliances
Governance
The company transitioned to a company with a Nominating Committee structure in 2003, with the Board of Directors (4 internal, 3 outside directors) providing oversight and executive officers responsible for business execution. Three committees—Nominating, Compensation, and Audit—have been established, with each committee chaired by an outside director. Starting in FY2025, the company has been advancing the delegation of authority from the Board of Directors to the Executive Officers' Meeting in order to accelerate decision-making.
Risk Management
The company has established the
Shareholder Returns
Dividends are determined on a consolidated performance basis, taking into account the balance among three factors: (1) stable shareholder returns, (2) R&D and capital investment, and (3) securing internal reserves. For FY2026 (ending March 2026), the dividend is being increased to ¥24 per share annually (interim ¥10 + year-end ¥14), with a payout ratio of 30.4%. The same amount of ¥24 is planned for FY2027 (ending March 2027) as well.
Dividend Policy
Dividends are determined based on consolidated performance, taking into account the balance among three factors: stable and appropriate profit distribution to shareholders, R&D and capital investment, and securing internal reserves. The basic policy is to pay dividends twice a year (interim and year-end), and the Articles of Incorporation stipulate that dividends of surplus may be determined by resolution of the Board of Directors. For FY2026 (ending March 2026), the dividend per share is ¥24 (interim ¥10 + year-end ¥14), with a payout ratio of 30.4% and a dividend-on-equity ratio (DOE) of 2.5%. For FY2027 (ending March 2027), a dividend per share of ¥24 (interim ¥10 + year-end ¥14) is planned, with a payout ratio of 30.3% expected.
ESG
The company has set 'Contribution to realizing a decarbonized society' and 'Strengthening of human capital' as key sustainability items in its medium-term management plan. CO₂ emissions (energy intensity) were reduced by 31.6% in FY2025 compared to FY2020, achieving the FY2030 target of a 30% reduction ahead of schedule. In terms of human capital, the company has set targets of a 10% ratio of female managers (FY2030 target) and a 70% positive response rate in employee awareness surveys (FY2030 target), and is promoting the introduction of a personnel treatment system that evaluates employees who take on challenges, as well as activities by the team promoting women's advancement.
Last updated: June 25, 2026