ORVIS CORPORATION
7827・Standard Market・Other Products
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 8 members (1 outside director, outside ratio 12.5%), and all 3 corporate auditors are outside corporate auditors. No nomination committee or compensation committee has been established. A Sustainability Committee chaired by the President and Representative Director was established in October 2025. During the fiscal year under review, the Board of Directors met 13 times, with all members attending every meeting or every meeting held since their appointment.
Risk Management
The Company has established a Crisis Management Committee and, based on its crisis management manual, sets up a crisis response headquarters to respond when a crisis occurs. Each risk category—compliance, environment, disaster, quality, information security, etc.—is managed by the responsible department, with the General Affairs Department providing cross-organizational oversight. Sustainability-related risks are assessed by the Sustainability Committee from the perspectives of impact and likelihood of occurrence, and are reported to the Board of Directors on a regular basis. A Business Continuity Plan (BCP) has already been formulated to address natural disaster risks.
Shareholder Returns
The annual dividend forecast for FY2026 (ending March 2026) is ¥62 per share (year-end lump sum), an increase from the actual ¥60 in the previous fiscal year. Interim dividend is ¥0. There is no change to the full-year earnings forecast, and the dividend forecast remains unrevised. Treasury stock buybacks can be flexibly implemented based on the articles of incorporation.
Dividend Policy
The basic policy is a single year-end dividend, continuing stable dividends with a minimum of ¥20 per share annually. Actual results for FY2025 (ending March 2025) were ¥60 per share (total dividend amount ¥106 million). The forecast for FY2026 (ending March 2026) is ¥62 per share (interim ¥0, year-end ¥62). The target payout ratio has been raised to 30% starting from FY2026 (ending March 2026).
ESG
In October 2025, the company established a Sustainability Committee to promote ESG initiatives across the entire group. On the environmental front, it is working to sustainably utilize forest resources and reduce CO₂ emissions through the sawing of domestic cedar logs, processing approximately 230,000 logs in FY2026 (ending March 2026)—wait, this should be FY2025 (October 2025) period—up 5.3% year on year. Regarding human capital, the company is promoting the hiring and promotion of women to management positions (the group-wide ratio of female managers stands at 8%), and has expanded its training system and established a qualification allowance system. Specific KPIs and numerical targets have not yet been set, and the company plans to announce its basic sustainability policy and identified materiality issues in April 2026.
Last updated: January 28, 2026