NOK CORPORATION
7240・Prime Market・Transportation Equipment
Governance
As a company with an Audit and Supervisory Committee, the Board of Directors consists of 10 directors (4 of whom are outside directors), aiming to separate oversight from execution. A Nomination and Compensation Advisory Committee has been established, chaired by and with a majority of independent outside directors, to ensure the objectivity and transparency of officer nominations and compensation.
Risk Management
Based on the Risk Management Regulations, the company has established a Risk Management Committee chaired by the CEO, which deliberates on business strategy risks and loss-occurrence risks. In coordination with the Sustainability Committee, the company manages business risks, including climate change risks, in an integrated manner.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥130 per share (interim ¥65, year-end ¥65), with a payout ratio of 45.6% and DOE of 3.5%. FY2027 (ending March 2027) is forecast at ¥140 (interim ¥70, year-end ¥70). During the current period, the company conducted share buybacks totaling ¥15,076 million and also carried out cancellation of treasury shares.
Dividend Policy
The company's basic policy is to pay dividends twice a year (interim and year-end), with the interim dividend resolved by the Board of Directors and the year-end dividend resolved at the general shareholders' meeting. The annual dividend for FY2026 (ending March 2026) is ¥130 per share (an increase from ¥105 in the previous period), with a payout ratio of 45.6% and DOE of 3.5%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥140 (interim ¥70, year-end ¥70), with a payout ratio of 49.1%. Note that, effective October 1, 2026, the company plans to establish a joint holding company with Eagle Industry Co., Ltd. through a share transfer, and the holding company's dividend forecast will be announced separately.
ESG
The company has conducted climate change scenario analysis (1.5°C/2°C and 4°C scenarios) based on TCFD recommendations, targeting a 50% reduction in domestic CO2 emissions by 2030 and carbon neutrality by 2050. In terms of human capital, it is promoting an increase in the ratio of female managers (targeting 5.0% by FY2028), improved engagement, and the establishment of a global HR framework, and has established a system whereby the Sustainability Committee (chaired by the CEO) reports regularly to the Board of Directors.
Last updated: June 22, 2026