Hiroshima Electric Railway Co.,Ltd.
9033・Standard Market・Land Transportation
Governance
The company has a Board of Corporate Auditors system (3 outside directors out of 9 total directors). Under the Board of Directors, a Nomination and Compensation Advisory Committee composed of 3 full-time directors and 5 independent officers has been established to enhance independence and objectivity.
Risk Management
The President and Representative Director serves as the officer in charge of risk response oversight. In the Train and Bus businesses, regular guidance and training are conducted based on the Safety Management Regulations, while in the Real Estate business, risks are identified in advance and countermeasures are examined. A system has been established for regular reporting of sustainability-related risks to the Board of Directors.
Shareholder Returns
The basic policy is a single year-end dividend, with FY2026 (ending March 2026) set at ¥8 per share (total ¥243 million, payout ratio 21.0%). The same ¥8 per share is planned for FY2027 (ending March 2027). No share buybacks were conducted.
Dividend Policy
The basic policy is to pay dividends twice a year via an interim dividend and a year-end dividend, but in practice a single year-end dividend has been paid. The year-end dividend for FY2026 (ending March 2026) is ¥8 per share (total dividends of ¥243 million, consolidated payout ratio of 21.0%, net asset dividend ratio of 0.5%). FY2025 (ending March 2025) was also ¥8 per share (total ¥243 million, payout ratio 17.6%). The forecast for FY2027 (ending March 2027) maintains ¥8 per share (forecast payout ratio 24.3%).
ESG
The company has identified "Environment & Climate Crisis," "Transportation, Tourism, Community & Peace," and "Human Capital & Governance" as materiality issues. For FY2025, the company calculated and disclosed CO2 emissions (Scope 1 and 2) of 34,579 t-CO2 on a standalone basis and 12,403 t-CO2 for the group (excluding the company). In human capital, the company achieved a 100% male childcare leave uptake rate and a 95.1% paid leave utilization rate, while also advancing transportation accessibility and decarbonization efforts, including a 35.9% ultra-low-floor vehicle adoption rate and the introduction of one EV bus per year.
Last updated: June 24, 2026