NAGAHORI CORPORATION
8139・Standard Market・Wholesale Trade
Governance
As a company with a Board of Corporate Auditors, the company is composed of 7 directors (including 2 outside directors, with an independent outside director ratio of 28.5%) and 3 outside auditors. The Board of Directors holds regular meetings at least once a month, and the Internal Control Office, corporate auditors, and accounting auditor coordinate to maintain a monitoring system. In response to large-scale share accumulation by Re:Generation Inc. and others, a takeover defense measure (free allotment of stock acquisition rights) has been continued until the conclusion of the ordinary general meeting of shareholders scheduled to be held in June 2027.
Risk Management
Based on the Risk Management Regulations, each department collects, analyzes, and evaluates information, and deliberates on matters at the Board of Directors, Management Strategy Meetings, or departmental meetings depending on the significance of the case. In the event of an emergency, an emergency response headquarters is established to respond, and a system is in place for timely verification through subsequent review and monitoring.
Shareholder Returns
Stable dividend policy targeting a payout ratio of around 40%. The year-end dividend for FY2026 (ending March 2026) was increased to ¥20 per share (total dividends of ¥306 million, payout ratio of 27.9%). For FY2027 (ending March 2027), a year-end dividend of ¥15 per share is planned. Treasury share buybacks of ¥44 thousand were conducted during the current period.
Dividend Policy
The basic policy is to target a payout ratio of around 40% and to continue paying stable dividends. Year-end dividends (resolved at the shareholders' meeting) are paid once a year (interim dividend is ¥0). The year-end dividend for FY2026 (ending March 2026) was ¥20 per share (total dividends of ¥306 million, payout ratio of 27.9%). In the previous period (FY2025, ended March 2025), the dividend was ¥10 per share (total dividends of ¥153 million, payout ratio of 37.7%). For FY2027 (ending March 2027), a year-end dividend of ¥15 per share is planned, targeting a payout ratio of around 40%.
ESG
The Company covers electricity usage at its three main sites with effectively renewable energy, utilizing an affiliated company's Solar Power Generation Business (equivalent to approximately 300 average households' worth). In diamond trading, the Company complies with the Kimberley Process and endorses the SoW 2nd Edition, working on human rights and anti-corruption initiatives. The Company has set a target to raise the ratio of female managers from the current 34.4% to 40% or higher, and is implementing measures to promote women's advancement, including encouraging the use of childcare leave and operating shortened working hour arrangements.
Last updated: June 25, 2026