HIRAGA CO., LTD.
7863・Standard Market・Other Products
Governance
The company has an Audit and Supervisory Committee structure. The Board of Directors consists of 7 members (4 of whom are outside directors, an outside director ratio of approximately 57%), with the Audit and Supervisory Committee (1 full-time member plus 3 outside members) responsible for oversight functions. The Board of Directors met 17 times per year, with a 100% attendance rate for all members.
Risk Management
The Risk Management Committee (composed of employee representatives from each department) centrally manages sustainability-related risks and prioritizes them based on likelihood and impact. The Internal Audit Office verifies the operational status through regular audits, and a system has been established to report significant matters to the Board of Directors.
Shareholder Returns
Stable dividends are the basic policy, with the dividend per share for FY2026 (ending March 2026) set at ¥40 (total dividends of ¥114 million). The payout ratio is 61.0%. For FY2027 (ending March 2027), a dividend per share of ¥40 (payout ratio of 44.2%) is forecast. No share buybacks are planned.
Dividend Policy
Dividends are determined by comprehensively considering business performance, payout ratio, and internal reserves (for new business development). The Articles of Incorporation stipulate that dividends of surplus may be implemented flexibly by resolution of the Board of Directors. The dividend per share for FY2026 (ending March 2026) is ¥40 (total dividends of ¥114 million, payout ratio of 61.0%). In the previous fiscal year (FY2025, ended March 2025), the dividend per share was ¥40 (total dividends of ¥114 million, payout ratio of 36.9%). For FY2027 (ending March 2027), a dividend per share of ¥40 (payout ratio of 44.2%) is forecast.
ESG
On the environmental front, the company is promoting CO₂ reduction through the installation of solar power generation at its Saitama and Wakayama plants and the use of non-fossil certificates. On the social front, it disclosed a female manager ratio of 14.7% (FY2027 target: 15% or higher) and a paid leave utilization rate of 64.4% (target: 60% or higher). A target for CO₂ emissions intensity is planned to be set during the current fiscal year.
Last updated: June 29, 2026