CENTRAL AUTOMOTIVE PRODUCTS LTD.
8117・Standard Market・Wholesale Trade
Governance
Company with an Audit and Supervisory Committee (transitioned in June 2023). The Board of Directors consists of 14 members (including 6 outside directors), and a Management Advisory Committee (with a majority of independent outside directors) has been established to deliberate on director nominations, compensation, and other matters, thereby strengthening governance.
Risk Management
The company has established a Risk Management Committee and built a company-wide risk management system based on the policy of early detection and early countermeasures. A framework has been put in place in which the Corporate Planning Office identifies and assesses sustainability risks, including climate change, with oversight by the Board of Directors.
Shareholder Returns
The company aims for a consolidated payout ratio of 30% or more, maintaining a policy of stable and high dividends. For FY2026 (ending March 2026), an annual dividend of ¥64 per share (consolidated payout ratio of 36.7%) is planned. This includes a commemorative dividend of ¥3 for the company's 80th anniversary, included in the year-end dividend. For FY2027 (ending March 2027), an annual dividend of ¥63 is forecast.
Dividend Policy
The company targets a consolidated payout ratio of 30% or more, with a basic policy of stable and high dividends. Dividends are paid twice a year: an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved at the General Shareholders Meeting). For FY2026 (ending March 2026), the interim dividend is ¥26 and the year-end dividend is ¥38 (including a ¥3 commemorative dividend for the company's 80th anniversary), totaling an annual dividend of ¥64, with a consolidated payout ratio of 36.7%. The forecast for FY2027 (ending March 2027) is an interim dividend of ¥30 and a year-end dividend of ¥33, totaling an annual dividend of ¥63, with a consolidated payout ratio of 36.6%. Note that a 3-for-1 stock split of common shares was implemented effective April 1, 2025, and the annual dividend of ¥159 for FY2025 (ended March 2025) reflects the actual dividend amount prior to the split.
ESG
The company has conducted climate change scenario analysis in line with TCFD recommendations, setting a target of reducing Scope 1 + 2 GHG emissions by 43% by 2030 compared to FY2019 levels, and achieving carbon neutrality by 2050. In terms of human capital, the company has obtained Certified Health & Productivity Management Outstanding Organization certification (consecutively) and Eruboshi 3-star certification, disclosing numerical targets such as a 13.5% ratio of women in managerial positions and a 54.5% male childcare leave utilization rate.
Last updated: June 22, 2026