HOYA CORPORATION
7741・Prime Market・Precision Instruments
Governance
The company adopted a company with three committees structure in 2003, and its Board of Directors operates as a monitoring board with outside directors holding a majority (5 out of 7 members in FY2025, including 2 women). The three committees—Nomination, Compensation, and Audit—are each composed entirely of outside directors, achieving a clear separation between execution and oversight.
Risk Management
Under the CEO, CFO, and CSO, the group headquarters has assigned functional officers such as the CHRO, CCO, and CIO, who work with each business division to identify and manage risks. The internal audit department formulates a risk-based audit plan, which is implemented upon approval by the Audit Committee, with results regularly reported to the Board of Directors.
Shareholder Returns
Basic policy of progressive dividends with a target payout ratio of 40%; annual dividend for FY2026 (ending March 2026) is ¥295 per share (interim ¥125 + year-end ¥170), payout ratio 39.7%. Also actively conducting share buybacks, and newly decided a policy to normalize surplus cash and deposits over roughly three years.
Dividend Policy
Basic policy is set as progressive dividends with a target payout ratio of 40%. Dividends of surplus are determined by resolution of the Board of Directors (twice a year: interim and year-end). While seeking an optimal balance between internal reserves for growth investment and shareholder returns, dividends and share buybacks are implemented utilizing surplus funds. The annual dividend for FY2026 (ending March 2026) is ¥295 per share (interim ¥125 + year-end ¥170), total dividend amount ¥99,582 million, payout ratio 39.7%. In addition, in light of the fact that the ratio of cash and deposits to total assets remains elevated even after increased dividends and share buybacks, it has been decided to gradually release surplus funds going forward, primarily through share buybacks, with the aim of normalizing cash and deposit levels over a period of roughly three years. The dividend forecast for FY2027 (ending March 2027) is undetermined (the interim dividend will be announced at the time of the second-quarter earnings release, and the year-end dividend will be announced at the time of the full-year earnings release).
ESG
HOYA has identified four ESG materialities: GHG reduction, product quality and safety, employee engagement/D&I, and supply chain management. The company joined RE100 and has set a target of 100% renewable energy ratio by 2040 (interim target of 60% by 2030); FY2024 actual results were a renewable energy ratio of 19% and CO₂ emissions of 404 thousand t-CO₂ (a 23% reduction versus FY2021). ESG indicators have been incorporated into the PSUs of executive officer compensation, and KPIs such as renewable energy ratio are also reflected in the annual incentives of business unit heads, enhancing effectiveness. On the human capital front, the company promotes respect for diversity, utilization of global talent, and health management; the HOYA Code of Conduct is disseminated in 27 languages, and the submission rate for Code of Conduct confirmation forms stands at 99.5%.
Last updated: June 17, 2026