SHIMANO INC.
7309・Prime Market・Transportation Equipment
Governance
The company has a Board of Corporate Auditors structure (combined with an executive officer system). Of the 10 directors, 5 are outside directors (50%), and a voluntary Nomination and Compensation Advisory Committee (comprising 5 members, including 3 outside directors) has been established. The Board of Directors met 13 times during the year, with an attendance rate of approximately 100% for all outside directors.
Risk Management
An ESG Committee (comprising all executive officers, meeting four times a year) oversees three subcommittees—Environment, Social Ethics, and Governance—that identify, assess, and manage sustainability-related risks. Deliberation outcomes are reported to the Board of Directors, which serves the oversight function. The company has also established a Compliance Regulation, an Emergency Response Regulation, and other rules, and conducts periodic audits through its Internal Audit department.
Shareholder Returns
A shareholder return policy that targets a total payout ratio of 50% as a minimum guideline, combining dividends with flexible share buybacks. The annual dividend for FY2025 (ending December 2025) is ¥339 per share (interim ¥169.50 + year-end ¥169.50), and ¥363 is planned for FY2026 (ending December 2026) (interim ¥181.50 + year-end ¥181.50).
Dividend Policy
The basic policy is to maintain and continue stable dividends and to distribute results in line with business progress, targeting a total payout ratio of 50% as a minimum guideline while continuing to enhance dividends and conduct flexible share buybacks. Dividends are paid twice a year, interim and year-end. The annual dividend for FY2025 (ending December 2025) is ¥339 per share (interim ¥169.50 + year-end ¥169.50), and ¥363 is planned for FY2026 (ending December 2026) (interim ¥181.50 + year-end ¥181.50). Based on a resolution of the Board of Directors held on February 10, 2026, the company acquired 432,500 shares of common stock between February 12, 2026 and March 31, 2026, resulting in an increase in treasury stock of ¥7,088 million during the cumulative first quarter of the consolidated fiscal year. The number of treasury shares at period-end was 497,159 shares (64,521 shares at the end of the previous period).
ESG
As part of its climate change response, the company discloses information based on the TCFD recommendations, targeting a 55% reduction in Scope 1 and 2 CO2 emissions by 2030 (versus 2013 levels) and carbon neutrality by 2050. In human capital, the company has rolled out diverse talent development initiatives, including the establishment of "Shimano Campus," global leader development programs (SLD, LTSP, Apprentice Program), and promotion of generative AI utilization, and discloses a male employee childcare leave uptake rate of 74.4% (target: 50% or higher) and a female manager ratio of 3.5%.
Last updated: March 17, 2026