Menicon Co., Ltd.
7780・Prime Market・Precision Instruments
Governance
As a company with a nomination committee, the company has 8 directors (5 of whom are outside directors), and the Nomination, Audit, and Compensation Committees are each composed of a majority of outside directors. The Board of Directors meets 18 times a year, establishing a system for swift decision-making and effective oversight through the separation of execution and supervision.
Risk Management
The company has established an internal control oversight organization headed by the Representative Executive Officer, and the Sustainability Committee meets four or more times per year to operate a cycle of risk identification, response planning, progress reporting, review, and monitoring. Specialized committees such as the Quality Assurance and Safety Management Committee and the Personal Information Protection Committee have also been established, and the company is working to reduce a wide range of business risks.
Shareholder Returns
Combines stable dividends targeting a payout ratio of around 30% with a progressive dividend policy. For FY2026 (ending March 2026), the dividend is ¥28 per share (payout ratio of 35.4%), with total dividends of ¥2,091 million. For FY2027 (ending March 2027), a dividend of ¥28 per share (payout ratio of 32.0%) is also planned. Share buybacks of ¥2,399 million were conducted.
Dividend Policy
The basic policy is to pay continuous and stable dividends targeting a consolidated payout ratio of around 30%, with a progressive dividend approach adopted (no dividend cuts; dividends increased in line with profit growth). Dividends are paid once a year at fiscal year-end in principle, determined based on a comprehensive assessment of current business performance, future business development, and the need to secure a sound financial position. The FY2026 (ending March 2026) actual dividend is ¥28 per share (payout ratio of 35.4%), and the FY2027 (ending March 2027) forecast dividend is also ¥28 per share (payout ratio of 32.0%).
ESG
The company conducted 1.5°C and 4°C scenario analyses based on TCFD recommendations, and has set a target to reduce Scope 1+2 GHG emissions by 43% or more by 2030 compared to 2023 levels. It is also engaged in natural capital-related risk analysis using the TNFD's LEAP approach and resource circulation for used contact lens cases through the "1Case Project," and discloses human capital indicators such as a male childcare leave uptake rate of 65.9% and a female ratio in managerial positions of 11.6%.
Last updated: June 25, 2026