ENVALITH
市光工業株式会社 logo

ICHIKOH INDUSTRIES, LTD.

7244Prime MarketElectric Appliances

市光工業株式会社 logo
ICHIKOH INDUSTRIES, LTD.7244

Governance

Company with a Board of Corporate Auditors. The Board of Directors comprises 8 members (including 2 independent outside directors, an outside director ratio of 25%). A Compensation Advisory Committee and a Conflict of Interest Monitoring Committee have been established, with conflict-of-interest management vis-à-vis the parent company Valeo led by the independent outside directors. An executive officer system has been introduced to separate oversight and execution.

Outside Director Ratio

25.0%

Nomination Committee

Not Established

Compensation Committee

Established

Risk Management

Risk identification, analysis, and evaluation are conducted based on the Risk Management Regulations. An emergency response framework has been established under the Business Continuity Management Regulations. ISO14001 and ISO50001 certifications have been obtained at all plants (including overseas), and the Sustainability Committee monitors and manages climate change risk on a monthly basis.

Shareholder Returns

The annual dividend forecast for FY2026 (ending December 2026) is ¥18 per share (interim ¥9 + year-end ¥9), a 28.6% increase from the previous fiscal year's actual dividend of ¥14. There is no revision to earnings forecasts, and the progressive dividend policy continues. No mention of share buybacks.

Dividend Policy

Dividends are paid twice a year, as an interim dividend and a year-end dividend. The annual dividend forecast for FY2026 (ending December 2026) is ¥18 per share (¥9 as of the second quarter-end + ¥9 year-end). This represents an increase from the previous fiscal year's actual dividend (annual ¥14: interim ¥7 + year-end ¥7). There has been no revision to the dividend forecast from the most recently announced figures. Note that specific policy details such as payout ratio or DOE targets are not included in this financial results report.

Dividend

Paying

Share Buyback

None

Shareholder Benefits

None

ESG

Under the "CAP50" initiative, the company targets carbon neutrality by 2050 and a 75% reduction in Scope 1 & 2 CO2 emissions by 2030 (versus 2019). FY2025 results showed Scope 1 & 2 emissions of 77.6 thousand t-CO2. In human capital, based on the foundation of "respect for human rights," the company promotes an employee-first approach, diversity, and human resource development. FY2025 results disclosed include a foreign employee ratio of 13.70%, an employment rate of people with disabilities of 2.73%, a paid leave utilization rate of 79.00%, and an accident frequency rate of 0.24.

Last updated: March 25, 2026