Kurogane Kosakusho Ltd.
7997・Standard Market・Other Products
Governance
Transitioned to a company with an audit and supervisory committee in February 2025. The Board of Directors consists of 6 members in total: 2 directors (excluding audit and supervisory committee members) and 4 directors who are audit and supervisory committee members (3 of whom are outside directors). The executive officer system separates decision-making/oversight functions from business execution functions. All 3 outside directors serve as audit and supervisory committee members. The Board of Directors met 14 times during the fiscal year under review, with all members attending every meeting. There is no mention in the annual securities report of the establishment of a nomination committee or a compensation committee.
Risk Management
The Representative Director and President concurrently serves as CCO, with a directly-controlled Audit Office established, conducting internal audits based on an annual plan. Important policies and matters are reviewed and cross-departmental risk information is shared at monthly Executive Officer Meetings, with regular reporting to the Board of Directors and the Audit and Supervisory Committee, establishing a compliance system. Risks such as compliance, environment, disasters, quality, information management, and export/import control are handled by responsible departments through the establishment of rules and guidelines and training, while the Administration Division oversees cross-organizational monitoring. Legal risks are also addressed through advisory contracts with multiple attorneys.
Shareholder Returns
For FY2026 (ending November 2026) (forecast), the year-end dividend is planned at an ordinary dividend of ¥20 plus a special dividend of ¥20, totaling ¥40 per share (the same amount as the previous fiscal year's actual result). The actual result for FY2025 (ended November 2025) was ¥40 per share (total ¥66 million). No share buyback was conducted during the current interim period.
Dividend Policy
The basic policy is to return profits to shareholders, secure internal reserves for future business development and strengthening the management structure, and maintain stable dividends, with the year-end dividend paid once annually as the basic approach. The actual result for FY2025 (ended November 2025) was an ordinary dividend of ¥20 plus a special dividend of ¥20, totaling ¥40 per share (total ¥66 million, resolved at the Ordinary General Meeting of Shareholders held on February 26, 2026). Similarly, for FY2026 (ending November 2026), an ordinary dividend of ¥20 plus a special dividend of ¥20, totaling ¥40 per share, is planned. There has been no revision from the most recent dividend forecast.
ESG
In April 2024, the company published the "Kurogane CSR Policy" and established the "Sustainability Promotion Committee" and the "Working Group on Diverse Human Resource Utilization," with the Corporate Planning Office serving as the secretariat. Key focus themes include the provision of environmentally conscious products, CO2 reduction, promotion of women's advancement (FY2026 target: 3 or more female managers, currently 1), and health management (certified as an Excellent Health Management Corporation in March 2025). The company has set KPIs such as an annual paid leave utilization rate of 60% or higher (actual: 55%) and a male childcare leave utilization rate of 100% (actual: 33%), and is advancing initiatives accordingly.
Last updated: February 25, 2026