IINO KAIUN KAISHA, LTD.
9119・Prime Market・Marine Transportation
Governance
The company operates as a company with a Board of Corporate Auditors, with a Board of Directors composed of 8 directors (including 4 outside directors, a 50% outside ratio), and ensures transparency and objectivity in the nomination and compensation process through a Nomination and Compensation Advisory Committee (comprising 5 members including 3 independent outside directors, chaired by an outside director).
Risk Management
The Risk Management Committee sits at the top of a three-committee structure comprising the Safety and Environment Committee, the Quality & System Committee, and the Compliance Committee, which together provide integrated management of risks across the group. Climate change risk is analyzed through scenario analysis based on the TCFD recommendations and reflected in the medium-term management plan, while human capital risk is identified and managed under the leadership of the Human Resources Department, with a system in place to report important matters to the Board of Directors.
Shareholder Returns
Based on the new medium-term management plan, the basic policy is to continue dividends based on a payout ratio benchmark of 40%, and a new minimum dividend floor of ¥30 per share has been introduced. For FY2026 (ending March 2026), the annual dividend is ¥59 (interim ¥24, year-end ¥35), with a payout ratio of 40.6%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥46 (interim ¥23, year-end ¥23). Share buybacks will also be conducted flexibly with due consideration to financial discipline.
Dividend Policy
The basic policy is to continue dividends based on a payout ratio benchmark of 40% against full-year results, and to enhance the stability and predictability of dividends in the shipping business, which is subject to significant market fluctuations, a new minimum dividend floor of ¥30 per share has been introduced. Dividends are paid twice a year (interim and year-end). The actual results for FY2026 (ending March 2026) were an annual dividend of ¥59 (interim ¥24, year-end ¥35, payout ratio 40.6%). The forecast for FY2027 (ending March 2027) is an annual dividend of ¥46 (interim ¥23, year-end ¥23, payout ratio 40.2%). Share buybacks will also be conducted flexibly with due consideration to financial discipline, aiming to enhance comprehensive shareholder returns.
ESG
The company has conducted scenario analysis based on TCFD recommendations, established FY2030 GHG reduction targets (Ocean-going Shipping Business: 20% reduction versus FY2020; Real Estate Business: 75% reduction versus FY2013), and is promoting a decarbonization strategy aimed at achieving net zero by 2050. As part of its human capital management strategy, the company is working on developing "value-creating human capital," ensuring diversity, and improving the internal work environment, and discloses its Scope 1, 2, and 3 emissions results, which have been verified by a third-party verification organization.
Last updated: June 23, 2026