MAEZAWAKASEI INDUSTRIES CO.,LTD
7925・Prime Market・Chemicals
Governance
Operates as a company with a Board of Corporate Auditors (6 directors, of which 2 are outside directors). Scheduled to transition to a company with an Audit and Supervisory Committee at the Annual General Meeting of Shareholders on June 24, 2025 (post-transition: 8 directors, of which 4 outside). A Management Advisory Committee chaired by an outside director (composed solely of outside officers) deliberates on nomination and compensation policies, ensuring transparency. The Board of Directors met 18 times per year, with all members maintaining high attendance rates.
Risk Management
Under its risk management regulations, the company assigns a responsible department for each risk category, and the Internal Control Committee comprehensively and centrally manages risks across the group. A system has been established whereby new risk information is reported to the Board of Directors via the Internal Control Committee. The company has also formulated a BCP, conducted disaster prevention drills, and put in place a safety confirmation system. Sustainability risks are identified and discussed through collaboration between the Sustainability Committee and the Internal Control Committee, with the Board of Directors providing approval and oversight.
Shareholder Returns
Under the medium-term management plan "SHIFT 2026," the company implements a performance-linked dividend policy with a minimum annual dividend of ¥50 and a target payout ratio of 60%. For FY2026 (ending March 2026), the annual dividend is ¥75 (interim ¥35 + year-end ¥40), with a payout ratio of 59.9%. Due to the planned delisting on May 28, 2026 in connection with the business integration with Maezawa Industries, the dividend forecast for the next fiscal year is undetermined.
Dividend Policy
The company sets a minimum annual dividend of ¥50 per share and aims to improve the performance-linked dividend level with a target payout ratio of 60%. Actual results for FY2026 (ending March 2026) were an annual dividend of ¥75 per share (interim ¥35, year-end ¥40), total dividends of ¥1,120 million, and a payout ratio of 59.9%. Due to the business integration with Maezawa Industries Co., Ltd. through a joint share transfer (establishing Maezawa Holdings Co., Ltd., planned for June 1, 2026), the company's shares will be delisted as of May 28, 2026; therefore, no dividend forecast is stated for the next fiscal year (FY2027, ending March 2027).
ESG
Conducted 1.5°C and 4°C scenario analyses based on TCFD recommendations, identifying three key issues: low-carbon product development, crude oil price fluctuations, and physical risks from extreme weather. Obtained SBTi certification in November 2024, setting reduction targets for FY2030 of 42% for Scope 1 and 2 and 25% for Scope 3. On the human capital front, the company obtained
Last updated: June 23, 2025