Sanyo Electric Railway Co.,Ltd.
9052・Prime Market・Land Transportation
Governance
Company with an Audit and Supervisory Committee (transitioned in June 2025). The Board of Directors consists of 11 directors, including 5 outside directors, and a Nomination and Compensation Committee (comprising the Representative Director and President plus all outside directors) has been established. The Board of Directors meets 9 times a year, with all members attending either all meetings or 8 or more meetings.
Risk Management
The company has established a Risk Management Committee based on its Risk Management Regulations, and reports material risks to the Board of Directors. In the Transportation Business, it has built a Safety Management Regulation and safety management framework, and has put in place a system to establish a task force headed by the President in the event of a major accident or disaster.
Shareholder Returns
For FY2026 (ending March 2026), the company implemented an annual dividend of ¥50 (interim ¥25 + year-end ¥25), a substantial increase of ¥15 year-on-year. Total dividends paid amounted to ¥1,114 million, with a payout ratio of 27.5%. The company plans to maintain an annual dividend of ¥50 for FY2027 (ending March 2027) as well. Share buybacks were also conducted (¥91 million in the current period).
Dividend Policy
The basic policy is to pay dividends twice a year, at the interim and year-end, while aiming to maintain stable dividends by comprehensively taking into account financial condition, profit level, dividend payout ratio, and the business environment. For FY2026 (ending March 2026), the company paid an interim dividend of ¥25 and a year-end dividend of ¥25, for an annual total of ¥50 (an increase of ¥15 year-on-year), resulting in total dividends of ¥1,114 million, a payout ratio of 27.5%, and a dividend-on-equity ratio of 1.9%. For FY2027 (ending March 2027), the company plans an interim dividend of ¥25 and a year-end dividend of ¥25, for an annual total of ¥50 (a projected payout ratio of 37.0%).
ESG
The company endorses the TCFD recommendations and has set a target of reducing CO2 emissions from railway operations by 46.0% or more by FY2030 compared to FY2013. In terms of human capital, the company is promoting D&I with targets of an 87.5% male childcare leave uptake rate (FY2025 actual) and a 30% or higher ratio of female hires among career-track (sogoshoku) positions, and has been selected as a "Certified Health & Productivity Management Outstanding Organization 2025" (Kenko Keiei Yuryo Hojin 2025). The Sustainability Committee regularly assesses climate change risks and opportunities and manages progress, reporting to the Board of Directors.
Last updated: June 18, 2026