KOKUYO CO., LTD.
7984・Prime Market・Other Products
Governance
Transitioned to a company with a Nomination Committee, etc. in March 2024. The Board of Directors consists of 9 members in total, including 6 outside directors (outside ratio of 66.7%), with an outside director serving as chairman. The company has established the three statutory committees—Nomination, Audit, and Compensation—with each committee comprised of a majority of independent outside directors. An annual Board effectiveness evaluation is conducted by a third-party organization.
Risk Management
The Company has established a Risk Committee as an advisory body to the Representative Executive Officer and President, centrally managing risks across the entire Group. In July 2025, the Company newly established the "Companywide Internal Control Committee," chaired by the Representative Executive Officer and President, and rebuilt the internal control system. Subcommittees have been established for IT risk and country risk, with priority responses. Sustainability risk is managed by the Sustainable Management Council, which coordinates with the Risk Committee.
Shareholder Returns
Continuing the progressive dividend policy, the projected annual dividend for FY2026 (ending December 2026) is ¥24.50 per share (¥12.25 at the second-quarter end + ¥12.25 at year-end). The policy of targeting a consolidated payout ratio of 50% remains unchanged. There is also no change to the share buyback policy.
Dividend Policy
In principle, the company adopts a progressive dividend policy under which the annual dividend will not fall below the previous year's level, calculated with a target consolidated payout ratio of 50% during the period of the Fourth Medium-Term Management Plan. The projected annual dividend for FY2026 (ending December 2026) is ¥24.50 per share (¥12.25 at the second-quarter end + ¥12.25 at year-end), unchanged from the most recently announced dividend forecast. Note that the year-end dividend for FY2025 (ending December 2025) was ¥13.00 per share (after the stock split).
ESG
Based on the long-term vision 'CCC2030', the company has identified materiality across five domains: climate change, circular economy, harmony with nature, well-being, and sustainable procurement. In August 2024, it obtained SBTi near-term target certification (including a 42% reduction in Scope 1 and 2 emissions by 2030 versus 2022), and also addresses TCFD and TNFD recommendations. In human capital, the ratio of female managers reached 13.8% (against a 2027 target of 16%), and the male childcare leave uptake rate reached 81.1%. The agreement rate for the sustainable procurement standards among suppliers reached 99.1% (1,049 companies out of 1,058).
Last updated: March 26, 2026