TOYOTA TSUSHO CORPORATION
8015・Prime Market・Wholesale Trade
Governance
Company with a Board of Corporate Auditors. The Board of Directors comprises 9 directors (4 of whom are outside directors), chaired by a non-executive Chairman, separating oversight from execution. The Officer Nomination Committee and Officer Compensation Committee have been established as advisory bodies to the Board of Directors, with independent outside directors holding a majority to ensure objectivity and transparency.
Risk Management
The Investment & Screening Department oversees company-wide integrated risk management, managing business investment, credit, market, occupational health and safety, and environmental conservation risks through management regulations and guidelines. The Integrated Risk Management Committee promotes company-wide risk identification and countermeasures, while financial-related risks are balanced against risk tolerance through risk asset measurement.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥120 per share (interim ¥58 + year-end ¥62, up ¥15 year-on-year). Dividend payout ratio is 34.2%. For FY2026 through FY2028 (ending March 2028), the policy is to continue progressive dividends and target a total shareholder return ratio, including share buybacks, of 40% or more; the forecast for FY2027 (ending March 2027) is ¥125. As a subsequent event, the company resolved to acquire its own shares via a tender offer at ¥5,620 per share (upper limit of 118,095,502 shares).
Dividend Policy
From FY2026 (ending March 2026) through FY2028 (ending March 2028), the company will continue progressive dividends and aim for a total shareholder return ratio, including share buybacks, of 40% or more. The annual dividend for FY2026 (ending March 2026) is ¥120 per share (interim ¥58 + year-end ¥62, up ¥15 year-on-year), with a dividend payout ratio of 34.2%. The forecast annual dividend for FY2027 (ending March 2027) is ¥125 per share (interim ¥62 + year-end ¥63), with a forecast dividend payout ratio of 29.3%. The company will continue paying dividends twice a year.
ESG
On climate change, the company conducts scenario analysis based on the TCFD framework, targeting a 50% reduction in Scope 1 and 2 emissions by 2030 (vs. 2019) and a 27.5% reduction in Scope 3 emissions, with net zero targeted by 2050. In terms of human capital, it has established a CHRO-led global HR structure and discloses metrics such as employee engagement of 72% and a female management ratio of 9.5% (targeting over 20% by FY2031, ending March 2031). Having identified six materiality issues, the company is promoting both the resolution of global challenges and business growth through initiatives such as the Circular Economy, Renewable Energy Power Generation Business, and the Africa business.
Last updated: July 6, 2026