KOITO MANUFACTURING CO., LTD.
7276・Prime Market・Electric Appliances
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 13 directors (5 of whom are outside directors), and a Nomination Committee and a Compensation Committee, each chaired by an independent outside director, have been established. All directors attended every board meeting, and the governance structure is being strengthened through Board of Directors meetings held once a month and Management Committee meetings held three times a month.
Risk Management
The company has established a Crisis Management Regulation to manage risks related to legal regulations, overseas expansion, product quality, information security, natural disasters, and other areas. It has set up a company-wide Risk Management Committee, while climate change risks are identified, assessed, and managed by the CN Committee and the Sustainability Promotion Office.
Shareholder Returns
Continuing stable dividends with a target consolidated payout ratio of 40% or more. For FY2026 (ending March 2026), the annual dividend is planned at ¥56 per share (unchanged from the prior period, payout ratio of 93.0%), with an increase to ¥58 per share (interim ¥28 + year-end ¥30, payout ratio of 38.7%) planned for FY2027 (ending March 2027). Share buybacks were also conducted (¥47,752 million during the current period).
Dividend Policy
The basic policy is to pay stable and continuous dividends, distributed twice a year through an interim dividend and a year-end dividend. The target consolidated payout ratio is 40% or more. The annual dividend for FY2026 (ending March 2026) is planned at ¥56 per share (interim ¥28 + year-end ¥28), with a consolidated payout ratio of 93.0%. For FY2027 (ending March 2027), the annual dividend is planned at ¥58 per share (interim ¥28 + year-end ¥30), with a consolidated payout ratio of 38.7%. Although net income attributable to owners of parent declined significantly due to impairment losses recorded in the LiDAR and China businesses, the dividend was maintained at the same level as the prior period in line with the policy.
ESG
As part of its climate change response, the company has identified risks and opportunities based on TCFD recommendations, and has set targets to reduce Scope 1+2 CO₂ emissions by 50% by FY2030 (versus FY2015) and Scope 3 emissions by 30% (versus FY2018) (Scope 1+2 results for FY2025 were 245.4 thousand tons). On the human capital front, the company is promoting diversity and work-style reforms, having achieved a 3.9% ratio of female managers and a 100% male childcare leave uptake rate, and obtained
Last updated: June 24, 2026