TOKYO BOARD INDUSTRIES CO.,LTD.
7815・Standard Market・Other Products
Governance
As a company with a Board of Corporate Auditors, the company consists of 6 directors (including 2 outside directors) and 3 corporate auditors (including 2 outside corporate auditors). It has established a Risk Management Committee, a Compliance Committee, and an Internal Audit Office, building an effective governance framework through coordination among the three audit functions.
Risk Management
The Risk Management Committee is convened monthly to comprehensively manage risks across the group as a whole. In addition to coordination with the Compliance Committee, Internal Audit Office, and legal counsel, the company has introduced a whistleblowing system (with an external reception point at a law firm) to prevent risks before they materialize.
Shareholder Returns
Performance deteriorated significantly in FY2027 (ending February 2027) due to the impact of the operational suspension caused by the Sakura Plant fire. Annual dividends for both FY2026 (ending February 2026) and FY2027 (ending February 2027) are ¥0 (no dividend). No share buybacks or shareholder benefit programs are being implemented.
Dividend Policy
Annual dividends are ¥0 (no dividend) for both the FY2026 (ending February 2026) actual results and the FY2027 (ending February 2027) forecast. Dividends are generally paid twice a year, at the second-quarter end and fiscal year end, but for FY2027 (ending February 2027) both are forecast at ¥0. Given that material uncertainty regarding the going-concern assumption has been identified, there is no visibility as to when dividend payments might resume.
ESG
Under the corporate philosophy of "Creating the future of the global environment through recycling," the company promotes CO2 reduction through material recycling of wood waste (substantive CO2 reduction of 51,982t in FY2026 (ending February 2026)). On the human capital front, the company has set targets of having 5 or more female managers (by 2030, currently 2), average tenure of female employees of 10 years or more, and average non-scheduled working hours of 20 hours or less, while also working on health management initiatives and promoting the uptake of childcare leave.
Last updated: July 13, 2026