NISHIKAWA KEISOKU Co., Ltd.
7500・Standard Market・Wholesale Trade
Governance
Company with an Audit and Supervisory Committee. The Board of Directors consists of 8 members in total: 5 executive directors and 3 Audit and Supervisory Committee members (2 of whom are outside directors) (following the general meeting in September 2025, the Board is planned to consist of 7 members in total: 4 executive directors and 3 Audit and Supervisory Committee members). The company has adopted an executive officer system to promote a smaller, more elite, and more independent Board of Directors. There is no mention in the annual securities report of the establishment of a nomination committee or a compensation committee.
Risk Management
The company has established a "Risk Management and Compliance Committee" headed by the director in charge of the administrative division, which identifies, evaluates, and specifies risks across four categories: strategic, financial, hazard, and operational. The Internal Audit Office, in coordination with the Audit and Supervisory Committee, audits the risk management status of each department and reports to the President and Representative Director. Identified risks are reviewed at least once a year.
Shareholder Returns
The annual dividend forecast for FY2026 (ending June 2026) has been revised to ¥350 (an increase from ¥320 in the prior fiscal year). The dividend forecast has been revised (upward) from the most recent announcement. The policy continues to be based on a target payout ratio of 40%. Share buybacks can be executed flexibly based on provisions in the Articles of Incorporation.
Dividend Policy
The company aims to secure a dividend level targeting an annual payout ratio of approximately 40%. Its basic policy is to pay dividends once at fiscal year-end, and even in the event of a temporary deterioration in business performance, it maintains a stable dividend based on the shareholders' equity dividend rate as a fundamental principle. The annual dividend forecast for FY2026 (ending June 2026) is ¥350 (paid as a single year-end dividend), an increase of ¥30 from the prior fiscal year's actual dividend of ¥320. This represents a revision (increase) from the dividend forecast announced on August 8, 2025, taking into account the progress of business performance during the cumulative nine-month period.
ESG
The Board of Directors bears oversight responsibility for sustainability-related risks and opportunities in general, coordinating with the Management Meeting, the Risk Management and Compliance Committee, and other bodies. Regarding climate change measures, materiality identification is currently underway, with disclosure planned in the next medium-term management plan. In terms of human capital, the company discloses a ratio of female managers of 1.5%, a male childcare leave uptake rate of 73.0%, a gender pay gap of 66.0%, and a paid leave utilization rate of 70.3%. The company recognizes the low ratio of female managers as an issue and has stated its policy for improvement.
Last updated: September 24, 2025