C.S. LUMBER CO., INC
7808・Standard Market・Other Products
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 5 directors (3 outside, 60% outside ratio), and there are 3 corporate auditors (2 outside). The annual securities report does not mention the establishment of a Nomination Committee or a Compensation Committee. All directors attended all 15 meetings of the Board of Directors held during the fiscal year.
Risk Management
Risk management is conducted centered on a group-wide Risk Management Committee headed by the President and Representative Director, with the company's legal counsel also participating. Sustainability risks are likewise identified and narrowed down by this committee, and a system has been established for referring matters to and reporting them to the Board of Directors. Results of regular internal audits conducted by the Internal Audit Office are reported directly to the President.
Shareholder Returns
The basic policy is a single year-end dividend once per year; the per-share dividend for FY2026 (ending May 2026) is ¥80 (unchanged from the previous period), with a payout ratio of 21.4%. A year-end dividend of ¥80 is also forecast for FY2027 (ending May 2027). No mention of share buybacks.
Dividend Policy
The basic policy is to pay performance-linked dividends once per year as a year-end dividend, taking into account the strengthening of internal reserves and the continuity and stability of dividends. The per-share dividend for FY2026 (ending May 2026) is ¥80 (payout ratio of 21.4%, net asset dividend ratio of 1.3%). The forecast for FY2027 (ending May 2027) also maintains a year-end dividend of ¥80 per share. Internal reserve funds are allocated to loan repayment and future capital expenditures.
ESG
As part of climate change countermeasures, the company promotes carbon neutrality contribution through effective utilization of timber resources (reuse of offcuts, sawdust, wood chip conversion, etc.). On the human capital front, the company has set targets of a female employee ratio of 30% or higher and a female manager ratio of 10%, achieving a female employee ratio of 29.0% and a female manager ratio of 7.1% as of the end of May 2025. The company also promotes internal environment improvements such as ensuring diversity (hiring of foreign nationals, persons with disabilities, and elderly workers), optimization of working hours, and introduction of a work-from-home system.
Last updated: August 29, 2025