KYOEI TANKER CO.,LTD.
9130・Standard Market・Marine Transportation
Governance
As a company with an Audit and Supervisory Committee, the company has established a Board of Directors (11 members, of which 5 outside directors serve on the Audit and Supervisory Committee), a Management Council, and a Nomination and Compensation Committee, thereby ensuring transparency and objectivity in management through the Nomination and Compensation Committee, in which independent outside directors hold a majority. During the fiscal year under review, the Board of Directors met 7 times (resolving 36 agenda items and receiving 17 reports).
Risk Management
Based on the "Risk Management Committee Regulations" established in 2008, the company identifies and evaluates risks, and complies with SMS, ISO9001, and ISO14001 in vessel operations. It has established a framework in which discussions at the Risk Management Committee are reported to the Board of Directors, with the results reflected in the risk management and evaluation activities of each department.
Shareholder Returns
In addition to continuous dividends based on adjusted net income from the chartering business as the fundamental indicator, the policy is to return asset-related gains/losses in a leveled manner over approximately 3 years. For FY2026 (ending March 2026), a dividend of ¥40 per share (interim ¥20 + year-end ¥20) will be paid, with a payout ratio of 73.8%. The same amount of ¥40 is planned for FY2027 (ending March 2027) as well.
Dividend Policy
The basic policy is to achieve both a link to business performance and stability of dividend levels by, in addition to continuous dividends based on adjusted net income (net income excluding non-recurring asset-related gains/losses) as the fundamental indicator reflecting the stable earning power of the chartering business and other operations, returning asset-related gains/losses (such as gains/losses on vessel sales), which represent the results of long-term vessel operations, in a leveled manner over a period of approximately 3 years. For FY2026 (ending March 2026), an interim dividend of ¥20 and a year-end dividend of ¥20, totaling ¥40 per share, will be paid (total dividends of ¥305 million, payout ratio of 73.8%). For FY2027 (ending March 2027), an interim dividend of ¥20 and a year-end dividend of ¥20, totaling ¥40 per share, are planned.
ESG
The company explicitly states the preservation of the global environment in its corporate philosophy and has established the promotion of marine environmental conservation activities as a policy. While no specific numerical targets have been set, the company is promoting thorough compliance with environmental laws and regulations, regular education and emergency response training for all onshore and seagoing employees based on the "Quality and Environmental Management Manual," the securing and development of excellent seafarers regardless of gender, and proactive engagement with next-generation technologies.
Last updated: June 25, 2026