Keifuku Electric Railroad Co.,Ltd.
9049・Standard Market・Land Transportation
Governance
Company with a Board of Corporate Auditors (Board of Directors comprises 13 members, including 2 outside directors and 2 outside corporate auditors). The company has established an Executive Committee and regular meetings, with the Audit Office (headed by a manager plus 4 other staff, 5 in total) responsible for internal audits. No Nomination Committee or Compensation Committee has been established.
Risk Management
The company has established the "Crisis Management Regulations," "Safety Management Regulations," and "Basic Information Security Regulations," and sets up an emergency response headquarters headed by the President when a risk materializes. It has also built a business continuity system based on its BCP manual.
Shareholder Returns
The company follows a basic policy of paying a stable dividend once a year at fiscal year-end. For FY2026 (ending March 2026), the dividend per share is ¥20, with total dividends of ¥39 million (payout ratio of 2.2%), the same level as the previous period. The same ¥20 per share is forecast for FY2027 (ending March 2027). No mention of a share buyback.
Dividend Policy
The basic policy is to balance shareholder returns with the enhancement of internal reserves, taking into account the medium- to long-term management environment and business performance. The company's basic approach is to pay a dividend once a year at fiscal year-end, though interim dividends are also permitted under the articles of incorporation by resolution of the Board of Directors. For both FY2025 (ended March 2025) and FY2026 (ending March 2026), a stable dividend of ¥20 per share (total dividends of ¥39 million) was paid. The FY2027 (ending March 2027) forecast is also ¥20 per share (payout ratio of 2.2%). Internal reserves are allocated to capital investment to ensure safe transportation and improve passenger services, as well as to business investment aimed at enhancing the value of areas along the railway lines.
ESG
As a climate change countermeasure, the company is promoting LED lighting conversion, new rolling stock equipped with regenerative brakes (with plans to introduce 7 cars by FY2028), and certification under the KES Environmental Management System. In terms of human capital, the company obtained certification as a
Last updated: June 22, 2026