T&D Holdings, Inc.
8795・Prime Market・Insurance
Governance
The company has established a Board of Directors, an Audit and Supervisory Committee, and a Nomination and Compensation Committee as a company with an Audit and Supervisory Committee. Under the group executive officer system introduced in April 2024, presidents of directly held subsidiaries also serve as officers of the company. Six outside directors have been appointed to strengthen oversight functions and improve transparency.
Risk Management
The Group ERM Committee and Group Risk Management Committee have been established to conduct group-wide monitoring based on economic value-based risk management indicators. Climate change-related risks (physical risks and transition risks) have been registered in the risk profile, with reviews conducted twice a year and reports made to the Board of Directors.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) was ¥130 per share (interim ¥62, year-end ¥68), a substantial increase from ¥80 in the previous fiscal year. Payout ratio was 46.5%. For FY2027 (ending March 2027), the company forecasts ¥164 per share (¥82 interim and ¥82 year-end). Share buybacks were also conducted (¥113,073 million in the current fiscal year), continuing an active shareholder return policy.
Dividend Policy
The basic policy is stable profit distribution, with dividends paid twice a year: an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved by the General Meeting of Shareholders). Actual results for FY2026 (ending March 2026) were an interim dividend of ¥62 and a year-end dividend of ¥68, totaling an annual dividend of ¥130 (an increase of ¥50 from ¥80 in the previous fiscal year), with a payout ratio of 46.5% and a dividend-on-equity ratio of 4.3%. The forecast for FY2027 (ending March 2027) is an interim dividend of ¥82 and a year-end dividend of ¥82, totaling an annual dividend of ¥164, with a forecasted payout ratio of 58.3%. No numerical target for the payout ratio has been disclosed.
ESG
The company supports TCFD and has set targets to reduce its own GHG emissions by 75% by FY2030 (versus FY2013) and achieve net zero by FY2040. It has joined RE100 to promote the use of renewable energy, and has also set human capital KPIs linked to its long-term vision, including a target for the ratio of female managers (15% or more at section manager level or above by FY2030) and an employee engagement score of 4.0pt or higher.
Last updated: June 11, 2026