NICHIHA CORPORATION
7943・Prime Market・Glass & Ceramics Products
Governance
As a company with a Board of Corporate Auditors, half of the total number of directors are independent outside directors, and a Nomination and Compensation Advisory Committee (with a majority of committee members being independent outside directors) has been established. The Board of Directors meets 13 times a year, and Compliance, Information Security, and Risk Management committees have been established as organizations directly reporting to the Board of Directors.
Risk Management
The company has established a Risk Management Committee, chaired by the Representative Director and President, as an organization reporting directly to the Board of Directors, and promotes risk management through a PDCA cycle based on the Three Lines Model (First Line: risk owners, Second Line: risk management departments, Third Line: Internal Audit Office). Risks across 11 categories are managed, including economic conditions and markets, environment and climate change, quality and product liability, and procurement and supply chain, with environmental/climate change risk and human resources-related risk in particular positioned as key sustainability items.
Shareholder Returns
The company targets a consolidated payout ratio of 45% or higher, and under its first medium-term management plan (FY2025 (ending March 2025) to FY2027 (ending March 2027)), it aims for total shareholder returns of approximately ¥26.0 billion, combining dividends and share buybacks. The annual dividend for the current fiscal year is planned at ¥114 per share (interim ¥57 + year-end ¥57), with a consolidated payout ratio of 145.2%.
Dividend Policy
The company's basic policy is to return profits in line with business performance while striving to maintain stable dividends. It targets a consolidated payout ratio of 45% or higher, and under its first medium-term management plan (FY2025 (ending March 2025) to FY2027 (ending March 2027)), it aims for total shareholder returns of approximately ¥26.0 billion, combining dividends and share buybacks. Dividends are paid twice a year, as an interim dividend and a year-end dividend.
ESG
The company has established four materiality items: "Prevention of Global Warming," "Formation of a Recycling-Oriented Society," "Respect for Human Rights," and "Promotion of Human Capital Management." Regarding climate change, the company has conducted scenario analysis in line with TCFD, targeting a 50% reduction in Scope 1+2 CO2 emissions by FY2030 (ending March 2031) compared to FY2013 levels (271.8 thousand t-CO2 → 149.5 thousand t-CO2), and aims for carbon neutrality by 2050. In terms of human capital, the company achieved 41 female employees in career-track positions (target: 30 or more) and a paid leave utilization rate of 67.6% (target: 50% or more), and has been certified as an "Excellent Health and Productivity Management Corporation 2026 (Large Enterprise Category)."
Last updated: June 23, 2026