Nankai Electric Railway Co.,Ltd.
9044・Prime Market・Land Transportation
Governance
As a company with an Audit and Supervisory Committee, the company has 15 directors (including 8 outside directors, a majority) and has established voluntary Nomination and Compensation Committees chaired by outside directors. The company aims to transition to a monitoring board model, clearly separating executive functions from oversight functions.
Risk Management
The company has established a Risk Management Committee chaired by the President & COO, which identifies and manages eight top-priority risks. It has built a
Shareholder Returns
For FY2026 (ending March 2026), the company will pay an annual dividend of ¥50 (interim ¥25, year-end ¥25), an increase from ¥40 in the previous fiscal year, with a payout ratio of 22.0%. For FY2027 (ending March 2027), an annual dividend of ¥55 (interim and year-end ¥27.5 each) is forecast. During the current fiscal year, the company conducted share buybacks totaling ¥12,310 million.
Dividend Policy
The basic policy is to pay stable dividends, distributed twice a year through interim and year-end dividends. For FY2026 (ending March 2026), the annual dividend is ¥50 (interim ¥25, year-end ¥25), with total dividends of ¥5,446 million and a consolidated payout ratio of 22.0%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥55 (interim ¥27.5, year-end ¥27.5), targeting a payout ratio of 25.0%. In addition, the company conducted share buybacks of ¥12,310 million during the current fiscal year, continuing its flexible capital policy.
ESG
The company endorses the TCFD recommendations and has set a target of reducing CO2 emissions by 46% or more by FY2030 (versus FY2013 levels) and achieving net-zero by 2050; Scope 1+2 emissions in FY2024 were 224,353 t-CO2. On the human capital front, the company has formulated the "NANKAI Group Human Capital Strategy" and manages KPIs such as the ratio of female managers at 7.8% (target: 10%) and an engagement score of 65.7% (target: 70%).
Last updated: June 15, 2026