WAVELOCK HOLDINGS CO., LTD.
7940・Standard Market・Chemicals
Governance
Company with an Audit and Supervisory Committee (transitioned June 2024). The Board of Directors consists of 6 members in total (1 internal, 5 outside), with an outside director ratio of approximately 83%. All outside directors are designated as independent officers, and the company has established voluntary nomination and compensation committees.
Risk Management
The Company has established risk management regulations, with the Legal & Compliance Department overseeing the risk management system for the entire group. Each department lists risks and manages them by classification based on frequency of occurrence and degree of impact, while the Audit and Supervisory Committee and the Audit Office conduct audits related to risk management.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥0 per share (no dividend). The dividend forecast for FY2027 (ending March 2027) is also undetermined at this time, as earnings forecasts have not yet been established. This is due to net income declining 42.0% year on year to ¥302 million, reflecting the recognition of extraordinary losses including tender offer-related expenses.
Dividend Policy
For FY2026 (ending March 2026), the dividend is ¥0 at both the second-quarter end and the fiscal year end, for an annual dividend of ¥0 (no dividend). In the previous fiscal year (FY2025, ended March 2025), the annual dividend was ¥30 (interim ¥15, year-end ¥15), with total dividends paid of ¥254 million and a payout ratio of 48.6%. As for the dividend forecast for FY2027 (ending March 2027), it remains undetermined at this time since the earnings forecast has not been established, and it will be disclosed promptly once it becomes possible to do so.
ESG
The Group views climate change and marine plastic issues as revenue opportunities, promoting the development of environmentally responsive material products, the geothermal heat business, and the enhancement of EV-related products. In terms of human capital, the Group utilizes its Human Resource Development Council and talent management system, aiming to achieve an Engagement Rating of A level over the medium to long term; however, the actual result for the fiscal year under review remained at the CCC level.
Last updated: June 17, 2026