MITSUBA Corporation
7280・Prime Market・Electric Appliances
Governance
The company operates as a company with an audit and supervisory committee, comprising 8 directors (including 3 independent outside directors). It has established an executive officer system and a management council to separate decision-making/oversight functions from business execution functions. A voluntary nomination and compensation committee chaired by an independent outside director has been established to ensure transparency and objectivity in governance.
Risk Management
Based on the Group Compliance and Risk Management Regulations, risks are managed under three categories—"Business," "Sustainability," and "Management Foundation"—through the ESG Committee meetings (held four times a year), with business continuity systems developed via the BCP Committee and Production-Sales Conference. For climate change risk, scenario analyses based on the TCFD recommendations (1.5°C/2°C and 4°C scenarios) are conducted, and countermeasures are advanced through the Carbon Neutral Committee (held four times a year).
Shareholder Returns
Basic policy is stable profit distribution to shareholders, with dividends paid twice a year at the interim and year-end. The year-end dividend for FY2024 was ¥10 per common share (total dividends of ¥447 million). No numerical target for the payout ratio is disclosed. No mention of share buybacks (treasury stock repurchases).
Dividend Policy
The Company allocates dividends appropriately, taking into account business performance, the payout ratio, and various circumstances surrounding the Company. The basic policy is to pay dividends twice a year, at the interim and year-end, with dividends of surplus determined by resolution of the Board of Directors. Retained earnings are to be effectively utilized for strengthening the financial structure, R&D, capital expenditure, overseas investment, and investment in new businesses, among other purposes.
ESG
Under "Mitsuba Vision 2030," the company has positioned climate change and human capital at the core of its materiality, and has established a carbon neutrality policy targeting a 50% reduction in Scope 1 and 2 Group CO2 emissions by 2030 (versus FY2018). In terms of human capital, the company has established the Mitsuba Group Human Rights and Labor Policy, and achieved the following results in FY2025: a disability employment rate of 3.02%, a completion rate of 97.4% for tiered education and training programs, and a health checkup participation rate of 100%. On the other hand, the number of Group occupational accidents was 15, falling short of the target of 9 or fewer.
Last updated: June 24, 2026