THE KINKI SHARYO CO., LTD.
7122・Standard Market・Transportation Equipment
Governance
Company with a Board of Corporate Auditors. The Board of Directors comprises 9 members (3 of whom are outside directors, all serving as independent officers), while the Board of Corporate Auditors consists of 4 members, all of whom are outside auditors. The company has established a voluntary Nomination and Compensation Advisory Committee, the majority of whose members are independent outside directors, to ensure transparency and fairness in the nomination and compensation processes.
Risk Management
In addition to discussing sustainability-related risks at the management level at the Sustainability Committee, which meets twice a year, the company conducts an annual risk assessment under its environmental management system based on ISO14001. Important management risks are deliberated as needed at the Management Meeting and Strategy Meeting, and the Audit Department (five dedicated staff) has established a system to conduct internal audits.
Shareholder Returns
The company's basic policy is stable dividends. The dividend per share for FY2026 (ending March 2026) is ¥50 (total dividends of ¥344 million). The payout ratio is 21.9%. A ¥50 dividend is also forecast for FY2027 (ending March 2027). No share buybacks have been conducted.
Dividend Policy
Given the nature of the business as an order-based industry, in which the order environment tends to fluctuate significantly from fiscal year to fiscal year, the basic policy is to pay stable dividends that are not affected by business performance. Dividends are paid once a year at fiscal year-end. The dividend per share for FY2026 (ending March 2026) is ¥50 (total dividends of ¥344 million, payout ratio of 21.9%, dividend on equity ratio of 1.0%). A dividend of ¥50 per share is also forecast for FY2027 (ending March 2027) (payout ratio of 34.4%).
ESG
Based on the sustainability philosophy established in July 2022, the company promotes initiatives across three areas: products, environment, and human capital. Starting in H2 of FY2025 (the fiscal year ending March 2025), it introduced 100% renewable energy-derived electricity, achieving a 50% reduction in CO2 emissions compared to FY2013 levels, with a target of approximately 80% reduction in FY2026 (ending March 2026). In terms of human capital, the company extended the mandatory retirement age to 65 and obtained Certified Health & Productivity Management Organization recognition, and has also begun a PDCA cycle based on engagement score measurement.
Last updated: June 24, 2026