KAGA ELECTRONICS CO.,LTD.
8154・Prime Market・Wholesale Trade
Governance
In June 2025, the company transitioned to a company with an audit and supervisory committee, with a Board of Directors composed of 12 members (including 6 outside directors). It has established a Nomination and Compensation Committee chaired by an outside director, strengthening the separation of the supervisory and executive functions.
Risk Management
A Risk Management Committee has been established under the direct oversight of the Sustainability Committee, managing diverse risks such as economic conditions, foreign exchange, country risk, and cybersecurity across the group. The company holds regular committee meetings and has established a system for periodic reporting to the Board of Directors.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥140 per share (ordinary dividend of ¥110 plus special dividend of ¥30), with total dividends of ¥6,672 million, a consolidated payout ratio of 22.3% (30.3% after adjustment for negative goodwill), and DOE of 4.5%. The forecast for FY2027 (ending March 2027) also maintains an annual dividend of ¥140. In August 2025, approximately 4.92 million shares held by the four main relationship banks (total ¥14,448 million) were acquired and retired.
Dividend Policy
The company has raised its target consolidated payout ratio to 30–40%, and has set a DOE of 4.0% as a stability indicator for ordinary dividends. Special dividends and share buybacks are implemented flexibly as additional measures according to profit levels and capital efficiency. For FY2026 (ending March 2026), the dividend consists of an ordinary dividend of ¥110 plus a special dividend of ¥30, totaling ¥140 (¥60 at the second-quarter end, ¥80 at year-end). The forecast for FY2027 (ending March 2027) is an annual dividend of ¥140 (¥70 at the second-quarter end, ¥70 at year-end), with a consolidated payout ratio of 33.4% and DOE of 4.2%.
ESG
The Company has conducted 1.5°C and 4°C scenario analyses in line with TCFD recommendations, setting targets of a 42% reduction in Scope1+2 emissions and a 25% reduction in Scope3 emissions by 2030. On the human capital front, the ratio of female managers stands at 15.2% (targeting 17% by the mid-2020s), and the Company has achieved certification as an Excellent Health Management Corporation for four consecutive years. Renewable energy adoption, EV conversion, and diversity promotion are being advanced based on the sustainability medium- to long-term management plan.
Last updated: June 30, 2026