NODA CORPORATION
7879・Standard Market・Other Products
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 11 directors (including 2 outside directors, an outside ratio of approximately 18.2%), and there are 4 corporate auditors (including 2 outside corporate auditors). No Nomination Committee or Compensation Committee has been established. The outside directors include an attorney and individuals from other companies; the Board of Directors met 12 times during the fiscal year under review.
Risk Management
The Company has established Business Risk Management Regulations and appointed a Business Risk Management Officer. The Board of Directors conducts an annual identification, analysis, and evaluation of risks, including sustainability-related risks, and deliberates and oversees response policies for material risks. Systems have been put in place to identify and manage individual risks such as market risk and disaster risk, and the Internal Audit Office, which is independent of the executive departments, conducts audits.
Shareholder Returns
The basic policy is to pay dividends twice a year. The interim dividend for FY2026 (ending November 2026) is ¥15 per share (reduced from ¥18 in the same period of the previous year), and the full-year forecast is ¥30 (¥15 interim + ¥15 year-end). ¥684 million of treasury stock was acquired during the interim period.
Dividend Policy
The company aims to ensure stable dividends and return profits to shareholders while giving consideration to business performance and the balance between dividends and internal reserves. The basic policy is to pay dividends twice a year: an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved at the general meeting of shareholders). The interim dividend for FY2026 (ending November 2026) is ¥15 per share, and the full-year forecast is ¥30 (¥15 interim + ¥15 year-end). The actual result for the previous fiscal year was ¥33 (¥18 interim + ¥15 year-end).
ESG
Promoting CO2 reduction and sustainable forest cycles through the use of thinned wood, waste wood chips (raw material for MDF), and domestic timber. On the human capital front, the company implements hierarchical training programs, utilizes skill maps, and encourages the use of childcare leave (targeting maintenance of a 100% return-to-work rate). The proportion of women in management positions is 3.5%, and the rate of male childcare leave uptake is 70.6%. Quantitative environmental targets have not yet been disclosed.
Last updated: February 25, 2026