The Bank of Iwate, Ltd.
8345・Prime Market・Banks
Governance
As a company with an Audit and Supervisory Committee, the Board of Directors comprises 12 members (6 of whom are outside directors, an outside director ratio of 50%), including 2 female outside directors. A Nomination and Compensation Advisory Committee has been established, with outside directors constituting a majority, aiming to enhance transparency and objectivity.
Risk Management
The company has established the "Basic Regulations for Risk Management" and set up a Risk Management Division that integrates management of the four risk categories: credit, market, liquidity, and operational risk. It has also developed a crisis response governance and BCM framework, clarifying the decision-making entities and response procedures in the event of emergencies such as natural disasters, cyberattacks, and financial crimes.
Shareholder Returns
In November 2025, the company revised its shareholder return policy, introducing progressive dividends and raising the payout ratio target from an approximate 30% guideline to 40% or more. For FY2026 (ending March 2026), the annual dividend is ¥208 (interim ¥96 + year-end ¥112), an increase of ¥83 year on year, with a payout ratio of 40.1%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥58 on a post-stock-split basis (forecast payout ratio of 40.0%). The policy also explicitly states flexible share buybacks.
Dividend Policy
The company will implement progressive dividends as a basic policy, targeting a payout ratio of 40% or more of net income attributable to owners of the parent. Dividends are paid twice a year, interim and year-end. For FY2026 (ending March 2026), the actual annual dividend was ¥208 (interim ¥96 + year-end ¥112, on a pre-stock-split basis), with a payout ratio of 40.1%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥58 (interim ¥29 + year-end ¥29, on a post-stock-split basis reflecting the 4-for-1 stock split effective April 1, 2026), with a forecast payout ratio of 40.0%. Note that if calculated on a pre-stock-split basis, the forecast annual dividend for FY2027 (ending March 2027) would be ¥232.
ESG
The company endorses the TCFD recommendations and has set targets of net-zero for Scope 1 and 2 by FY2030 and net-zero for Scope 1-3 by FY2050. Against a cumulative sustainable finance target of ¥500.0 billion for FY2021-FY2030, cumulative results of ¥292.1 billion had been achieved by the end of FY2025. In terms of human capital, the company is managing indicators such as annual human resource development investment of ¥100 million and a 45.7% ratio of women among newly appointed managers.
Last updated: June 18, 2026