Central Japan Railway Company
9022・Prime Market・Land Transportation
Governance
The Board of Directors consists of 11 directors (5 of whom are outside directors) and the company is a company with a Board of Corporate Auditors, comprising 5 corporate auditors (4 of whom are outside corporate auditors). The company has established a Personnel and Compensation Committee composed of independent outside directors and the Representative Director and President, ensuring objectivity and transparency in executive personnel decisions and compensation.
Risk Management
The company has established Railway Safety Promotion Committees ranging from head office to field operation units, centrally advancing safety measures. For emergencies, a 24-hour operations control organization and rapid recovery response system have been put in place, and a Second Integrated Operations Control Center has also been established for the Tokaido Shinkansen. For sustainability-related risks, the Sustainability Planning Office identifies and evaluates such risks, and a system has been built to report regularly to the Board of Directors.
Shareholder Returns
The basic policy is to continue stable dividends, with annual dividends for the current period set at ¥32 per share (interim ¥16 + year-end ¥16). The same amount of ¥32 is forecast for the next period. In addition, following a resolution by the Board of Directors on April 28, 2026, the company plans to conduct a share buyback of up to ¥20.0 billion / 6,500,000 shares (May 2026 to July 2026).
Dividend Policy
The basic policy is to continue stable dividends while securing internal reserves to ensure and strengthen a stable long-term management foundation and to promote various projects, including the Chuo Shinkansen plan. Dividends are paid twice a year (record dates of March 31 and September 30 each year). For the current period (FY2026, ending March 2026), the interim dividend is ¥16 and the year-end dividend is ¥16, totaling ¥32 (payout ratio 5.6%). For the next period (FY2027, ending March 2027), a total of ¥32 is forecast (payout ratio 6.8%).
ESG
The company has set targets of net-zero CO₂ emissions by 2050 and a 46% reduction by FY2030 (compared to FY2013 levels), and is promoting initiatives such as the introduction of N700S trains, hybrid rolling stock, and the use of renewable energy. In terms of human capital, it has achieved a 2.0x increase in female managers and a childcare leave utilization rate of 99% for men, and is also actively promoting diversity, including maintaining a disability employment rate of 2.84%.
Last updated: June 22, 2026