TSUZUKI DENKI CO., LTD.
8157・Prime Market・Information & Communication
Governance
A company with a Board of Corporate Auditors. Of the 10 directors, 8 are outside directors (outside ratio of 80%), ensuring a high degree of independence, and a voluntary nomination and compensation committee has been established as an advisory body to the Board of Directors. Decision-making is expedited through delegation of authority to the Management Committee.
Risk Management
The company operates the "Risk and Compliance Committee" and the "Risk and Compliance Promotion Committee" based on its "Risk Management Regulations," working to minimize losses through early identification of risks, designation of responsible managers, and establishment of escalation routes. Sustainability risks are identified and evaluated through the materiality identification process, with progress managed via KPIs.
Shareholder Returns
Under the new medium-term management plan "Trust & Challenge 2029," the dividend policy has been significantly strengthened. The target consolidated payout ratio has been raised from 40% to 60%, and the minimum DOE has been raised from 3.5% to 6.0%. Annual dividends for FY2026 (ending March 2026) are planned at ¥126 (interim ¥50 + year-end ¥76), and for FY2027 (ending March 2027) at ¥190 (interim ¥95 + year-end ¥95).
Dividend Policy
Under the medium-term management plan "Trust & Challenge 2029," covering FY2027 (ending March 2027) through FY2029 (ending March 2029), the dividend policy has been changed to raise the target consolidated payout ratio to 60% and to raise the minimum benchmark indicator, DOE (consolidated dividend on equity ratio), to 6.0%. Dividends will be calculated based on business activity profit, which excludes extraordinary gains/losses and similar items from net income attributable to owners of the parent, and dividends will continue to be paid twice a year, interim and year-end.
ESG
The company has set five materiality issues (value creation for society through business, growth and vitalization of people, development and application of knowledge and technology, contribution to the global environment and society, and strengthening of a sound management foundation) and manages them through KPIs. Regarding climate change response, the company discloses information based on TCFD recommendations, achieving Scope 1+2 emissions of 1,061 t-CO2 in FY2026 (ending March 2026) (down 52.5% versus FY2014, ending March 2014) and a renewable energy ratio of 33.5%. In terms of human capital, the company discloses a female manager ratio of 4.0%, a male childcare leave uptake rate of 89.7%, and an engagement score of 3.07 (out of 6 points).
Last updated: June 19, 2026