HI-LEX CORPORATION
7279・Standard Market・Transportation Equipment
Governance
Company with a Board of Corporate Auditors. As of the filing date, the Board of Directors consists of 3 directors (1 full-time, 2 outside, all independent officers), and there are 3 corporate auditors (1 full-time, 2 outside). A Nomination and Compensation Committee has been established as a voluntary advisory body under the Board of Directors, and an executive officer system is adopted. Following approval at the Annual General Meeting of Shareholders scheduled to be held on January 24, 2026, the Board of Directors is expected to consist of 4 directors (3 outside).
Risk Management
Established the "Risk Management Action Guidelines" and developed related rules and procedures. Clarified codes of conduct through the Ethics Card (four perspectives on compliance), conducted independent audits by the four-member dedicated Internal Control Audit Office, and implemented sustainability-related risk management through an environmental management system based on ISO14001. Also established a group-wide operational appropriateness framework based on the Affiliated Companies Management Regulations.
Shareholder Returns
For FY2026 (ending October 2026), an interim dividend of ¥53.50 per share (ordinary dividend of ¥26.50 plus a commemorative dividend of ¥27) has already been implemented. The full-year forecast is ¥80 per share annually (a significant increase from ¥46 in the previous fiscal year). Against interim net income per share of ¥942.98, the payout ratio remains at a low level. The company holds treasury shares (1,251,499 shares).
Dividend Policy
The basic policy is to provide long-term, stable dividends to shareholders while comprehensively considering the balance with growth investments for the future, including the repurchase of treasury shares. Dividends are paid twice a year, as an interim dividend and a year-end dividend. For FY2026 (ending October 2026), an end-of-second-quarter dividend of ¥53.50 (ordinary dividend of ¥26.50 plus a commemorative dividend of ¥27.00) has already been implemented. The full-year forecast is ¥80 per share annually (with a forecasted year-end dividend of ¥26.50). The previous fiscal year's actual result was ¥46 per share annually (¥23 interim and ¥23 year-end).
ESG
The company has rolled out an environmental management system based on ISO14001 across the entire organization, setting a KPI of a 50% reduction in CO2 emissions by 2030 (versus 2013 levels) and a KGI of carbon neutrality by 2050. It has also formulated a five-year medium- to long-term target to improve energy usage by an average of 1% or more per year. On the human capital front, the company has established a "Human Resources Development Office" and is working to promote diversity, but has not achieved its targets: the ratio of female managers stands at 1% (target: 2%) and the ratio of female chief-level employees stands at 1% (target: 5%). The rate of male employees taking childcare leave is 30.8%. The company has continued operating a mega-solar power plant on its own land since 2013.
Last updated: January 23, 2026