Keikyu Corporation
9006・Prime Market・Land Transportation
Governance
Transitioned to a company with an audit and supervisory committee in June 2025. The Board of Directors consists of 13 members including 6 outside directors (outside ratio 46.2%), and a Nomination and Compensation Committee chaired by an independent outside director has been established, building a highly transparent and objective governance framework.
Risk Management
The Sustainability Committee and the Risk Management and Compliance Committee work together to consolidate and manage risk information across the group, with material risks reported regularly to the Board of Directors. The company recognizes the decline in vitality along its rail lines due to population decline, climate change risk, and human capital risk as material risks, and has established an audit framework through the Group Business Audit Department.
Shareholder Returns
Dividends are paid with a target payout ratio of approximately 40%. The annual dividend for the current fiscal year is ¥46 per share (interim ¥23 + year-end ¥23), and the same amount of ¥46 is planned for the next fiscal year. Pursuant to a board resolution, the company plans to repurchase treasury shares up to a maximum of 25,000,000 shares and ¥30.0 billion (from May 12, 2026 to March 31, 2027).
Dividend Policy
Profit distribution is carried out with a target payout ratio of approximately 40%, comprehensively taking into account profit levels, investment plans, financial condition, and other factors. Share buybacks are conducted flexibly based on financial condition and optimal capital structure considerations. Retained earnings are allocated to safety measure construction work, investments in key strategic locations such as Shinagawa and Haneda Airport and new businesses, as well as repayment of interest-bearing debt.
ESG
The company has set a target of carbon neutrality by 2050, along with an interim target of reducing GHG emissions (Scope 1 and 2) by 70% by FY2035 compared to FY2019 levels. In terms of human capital, non-financial KPIs have been established, including a female manager ratio of 10% or higher (FY2026 target), a male childcare leave uptake rate of 90.2%, and continuous improvement in employee engagement. Climate change scenario analysis based on TCFD has also been conducted.
Last updated: June 25, 2026