NICHICON CORPORATION
6996・Prime Market・Electric Appliances
Governance
The Board of Directors consists of 8 members, including 5 outside directors (outside ratio 62.5%). The company has a Board of Corporate Auditors system and has introduced an executive officer system, with a Nomination and Compensation Committee (a majority of whose members are outside officers) established as an advisory body to the Board of Directors.
Risk Management
The company has established a Compliance and Risk Management Committee within the Sustainability Promotion Committee, chaired by the President and Representative Director, to cross-functionally manage company-wide risks including legal compliance, environment, and information security. It has also enacted Risk Management Regulations and developed BCP and BCM frameworks.
Shareholder Returns
During the current period, the company implemented an annual dividend of ¥37 (interim ¥18 + year-end ¥19), an increase of ¥2 year-on-year, with a payout ratio of 39.4%. For the following period, an annual dividend of ¥39 (interim ¥19 + year-end ¥20) is forecast. Share buybacks were essentially not conducted during the current period (repurchase amount: ¥0 million).
Dividend Policy
For the current period (FY2026, ending March 2026), the company implemented an annual dividend of ¥37 (interim ¥18, year-end ¥19), with a payout ratio of 39.4% and a DOE (dividend on equity) of 2.2%. For the following period (FY2027, ending March 2027), an annual dividend of ¥39 (interim ¥19, year-end ¥20) is forecast, with a payout ratio of 39.1%. Share buybacks in the current period were minimal (repurchase amount: ¥0 million).
ESG
The company has set a target of reducing GHG emissions by 46% by 2030 (versus FY2021) and achieving carbon neutrality by 2050; actual results for the fiscal year under review showed an 18% reduction versus FY2021. On the human capital front, the ratio of female managers stood at 5.3% (target: 7% by March 2027), the male childcare leave take-up rate was 75%, and the employee engagement index improved year on year for both managers and non-managerial staff.
Last updated: June 26, 2026