TOKYU CORPORATION
9005・Prime Market・Land Transportation
Governance
The Board of Directors consists of 9 members, including 4 outside directors (outside ratio approximately 44%), and the company is a company with a Board of Corporate Auditors. In April 2024, the company established the "Personnel and Compensation Committee," chaired by the lead independent outside director, which functions as an advisory body integrating both nomination and compensation functions.
Risk Management
The ESG Promotion Group of the Corporate Planning Office serves as the project leader, with each business and group company analyzing and evaluating company-wide risks—including sustainability risks such as climate change and human rights—on an annual basis. A reporting framework has been established whereby important matters are reported through the Sustainability Promotion Committee (held four times a year) to the Management Committee and then to the Board of Directors.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥30 per share (interim ¥14, year-end ¥16), with a payout ratio of 19.7%. FY2027 (ending March 2027) dividend is forecast at ¥32 per share (interim ¥16, year-end ¥16). A share buyback with an upper limit of 13 million shares and ¥20.0 billion has been resolved (May 2026 to March 2027).
Dividend Policy
The policy is to continue stable dividends and sustainably increase payouts in line with profit growth. The annual dividend for FY2026 (ending March 2026) is ¥30 per share (interim ¥14, year-end ¥16), with a payout ratio of 19.7% and a net asset dividend ratio of 2.0%. For FY2027 (ending March 2027), a dividend of ¥32 per share (interim ¥16, year-end ¥16) is forecast, with an expected payout ratio of 20.2%. Dividends on surplus are paid twice a year (interim and year-end).
ESG
In September 2020, the company announced its support for TCFD and conducted 1.5°C and 4°C scenario analyses. In September 2025, it revised its plan to the "Environmental Vision 2040," targeting a 55% reduction in GHG emissions (Scope 1, 2) by FY2030 and net zero by 2050. On the human capital front, the company achieved a female manager ratio of 14.8%, a male childcare leave uptake rate of 97.6%, and training expenses per employee of ¥114,530, and has been selected as a Health & Productivity Stock a total of 8 times (the most among land transportation companies).
Last updated: June 23, 2026