NIFCO INC.
7988・Prime Market・Chemicals
Governance
Company with an Audit and Supervisory Committee (transitioned in 2021). Of 8 directors, 5 are outside directors (outside director ratio of 62.5%). A Nomination, Compensation and Governance Committee (chaired by, and with a majority of, independent outside directors) has been established to deliberate on appointment/dismissal, compensation, and succession planning. The Board of Directors meets 12 times per year, and in FY2025 the governance structure was reviewed, consolidating the three committees into a Risk Management Committee.
Risk Management
The Risk Management Committee, established under the Basic Regulations on Risk Management, centrally manages company-wide risks. In FY2025, the Compliance Committee and the Information Security Committee were consolidated into the Risk Management Committee, establishing a framework in which each responsible organization identifies and evaluates risks in terms of frequency of occurrence and financial impact, formulates response measures, and reports to the Management Committee. Sustainability-related risks are also managed within this same framework.
Shareholder Returns
Effective from September 2025, the shareholder return policy was changed from "total payout ratio of 45% or more" to "dividend payout ratio of 30% or more and total payout ratio of 50% or more." The annual dividend for FY2026 (ending March 2026) is ¥110 per share (interim dividend of ¥40 plus a planned year-end dividend of ¥70), with total interim dividends of ¥3,792 million and total year-end dividends of ¥6,536 million (planned).
Dividend Policy
The basic policy is to pay dividends twice a year, an interim dividend and a year-end dividend, targeting a dividend payout ratio of 30% or more and a total payout ratio of 50% or more. The interim dividend is resolved by the Board of Directors, and the year-end dividend by resolution of the General Meeting of Shareholders. Retained earnings are allocated to investments and other purposes aimed at achieving the goals of the medium-term management plan.
ESG
Under its "2050 Carbon Neutrality Declaration," the company has set a target of a 33% reduction in Scope 1 and Scope 2 emissions by 2030 (compared to 2020), and is promoting the introduction of renewable energy, including 1.8MW of self-consigned solar power generation at the Nagoya Plant. In terms of human capital, the company has established three pillars—talent development, DE&I, and employee engagement—and discloses a global engagement index of 84% (FY2024) and a female manager ratio of 5.7% (FY2025). The company is also working on reducing plastic waste and promoting resource circulation (targeting a 55% reduction by FY2028 compared to 2020), and revised its materiality assessment in FY2025 with reference to GRI and SASB standards.
Last updated: June 22, 2026