SHINKI BUS CO.,LTD.
9083・Standard Market・Land Transportation
Governance
The company operates as a Company with a Board of Corporate Auditors, comprising 10 directors (including 4 independent outside directors, a 40% outside ratio). In April 2021, it established a voluntary Nomination and Compensation Committee, the majority of which is composed of independent outside directors, aiming to strengthen its oversight function.
Risk Management
The company has established the "Risk Management Regulations," the "Business Continuity Plan," and the "Crisis Management Manual," and has set up the Safety Management Committee, the Sustainability Promotion Council, and the Compliance Promotion Council. Based on the TCFD framework, it identifies and analyzes climate change risks (transition risks and physical risks), and is promoting BCP measures and the introduction of EVs and other initiatives.
Shareholder Returns
For FY2026 (ending March 2026), the company implemented a stock split (1-for-2, October 2025); the annual dividend is effectively equivalent to ¥50 (interim ¥40, year-end ¥30), with total dividends of ¥603 million and a consolidated payout ratio of 19.1%. For FY2027 (ending March 2027), an annual dividend of ¥45 (interim ¥20, year-end ¥25) is planned, with a projected payout ratio of 24.7%. The company will continue its policy of gradually raising the consolidated payout ratio, targeting 30% in FY2027.
Dividend Policy
The basic policy is to enhance shareholder returns while prioritizing strategic investments in focus business areas and investments in safety and environmental aspects; dividend amounts are determined based on the consolidated payout ratio linked to business performance as an indicator, which will be gradually raised with a target of 30% in FY2027. Dividends of surplus are paid twice a year, interim and year-end.
ESG
Based on the TCFD framework, the company has analyzed climate change risks and set a target to reduce CO2 emissions (Scope 1 and 2) by 10% in FY2030 compared to FY2015 levels (currently up 4.7% versus the base year). In terms of human capital, KPIs have been set, including a 10% female manager ratio and 50 female drivers (targets for FY2027), and the company is also engaged in health management initiatives and engagement surveys.
Last updated: June 23, 2026