THE SHIMANE BANK, LTD.
7150・Standard Market・Banks
Governance
The company has adopted the Board of Corporate Auditors system. As of the filing date, it comprises 6 directors (including 3 outside directors) and 4 corporate auditors (including 2 outside corporate auditors). Following approval at the Annual General Meeting of Shareholders on June 24, 2026, the composition is scheduled to become 6 directors (including 2 outside directors) and 4 corporate auditors (including 3 outside corporate auditors). The Board of Directors meets 16 times per year, and a weekly Management Council is held to facilitate prompt decision-making.
Risk Management
Based on the "Integrated Risk Management Regulations," the company manages credit risk, market risk, operational risk, and other categories separately, adopting a self-managed risk management approach that compares and verifies these risks against capital. It has established an ALM management framework and a system for reporting operational status to the Management Committee and the Board of Directors on a quarterly basis. Sustainability-related risks are evaluated and verified by the Sustainability Committee before being reported to the Board of Directors.
Shareholder Returns
Annual dividend on common stock maintained at ¥10 per share (interim ¥5 + year-end ¥5). Payout ratio for FY2026 (ending March 2026) is 32.2%. The same amount of ¥10 is planned for FY2027 (ending March 2027) as well (expected payout ratio of 55.1%). No share buybacks are being conducted.
Dividend Policy
Annual dividend on common stock is ¥10 per share (interim ¥5 + year-end ¥5). Total dividends for FY2026 (ending March 2026) amount to ¥84 million, with a consolidated payout ratio of 32.2% and a dividend-to-net-assets ratio of 1.2%. The same amount of ¥10 is planned for FY2027 (ending March 2027) as well (expected payout ratio of 55.1%). For Class A preferred shares, ¥18.28 per share was paid in FY2026 (ending March 2026) (¥23.31 forecast for FY2027 (ending March 2027)), and for Class B preferred shares, ¥16.50 per share (same amount forecast for FY2027 (ending March 2027)).
ESG
In August 2021, the company announced the "Shimagin SDGs Declaration," and in May 2022 it endorsed the TCFD recommendations. In March 2023, it established a Sustainability Committee chaired by the Representative Director and President, which evaluates and verifies initiatives related to climate change, human rights, employment diversity, and regional contribution. On the human capital front, the company has set targets including a ratio of female managerial staff of 30.0% or higher (target for end of March 2028; current actual 26.8%), a gap in average years of service between men and women of 4 years or less (current actual 4.2 years), and a 100% continued employment rate for women after childbirth, and is promoting its Fourth Action Plan for Women's Empowerment.
Last updated: June 23, 2026