Kuribayashi Steamship Co., Ltd.
9171・Standard Market・Marine Transportation
Governance
The company has a Board of Corporate Auditors system (9 directors, 2 of whom are outside directors). It has established a Governance Committee (with a majority of independent outside officers) that deliberates on the nomination and compensation of directors, ensuring independence and objectivity.
Risk Management
A Risk Management Committee, chaired by the President and Representative Director, has been established directly under the Board of Directors, forming a multi-layered risk management framework that oversees the Compliance Committee, the Internal Control Committee, and the Vessel Safety and Health Conference. Sustainability-related risks are identified and assessed by the Sustainability Committee, then reported to the Risk Management Committee for integrated company-wide management.
Shareholder Returns
Basic policy is to continue stable dividends. For FY2026 (ending March 2026), reflecting strong business performance, a regular dividend of ¥30 plus a special dividend of ¥30 will be paid, totaling ¥60 per share (up ¥35 year on year). For FY2027 (ending March 2027), a dividend of ¥30 per share is planned. Share buybacks (including J-ESOP) are also being conducted.
Dividend Policy
As the performance of the marine transportation business is significantly affected by trends in fuel oil prices, market conditions, and foreign exchange rates, the basic policy is to strengthen the financial base while securing internal reserves, and to continue stable dividends with sufficient consideration given to the outlook for the business environment. Internal reserves are allocated to investments in vessels and to the maintenance and refurbishment of equipment in the marine transportation business. For FY2026 (ending March 2026), a regular dividend of ¥30 plus a special dividend of ¥30 will be paid, totaling ¥60 per share (total dividends of ¥741 million, payout ratio of 19.9%). For FY2027 (ending March 2027), a dividend of ¥30 per share is planned.
ESG
The Sustainability Committee, established in November 2023, leads efforts focused on climate change, human capital, safety, and DX as priority areas. GHG emissions for FY2024 totaled 373,435 tCO2 (Scope 1: 231,566; Scope 2: 2,982; Scope 3: 138,887), with the Domestic Shipping (Hokkaido Scheduled Route) business targeting a 17% reduction by FY2030 compared to FY2013 levels (a 10% reduction was achieved in FY2024). In human resource development, the company achieved a 100% harassment training completion rate, and is also advancing environmental and safety initiatives such as the adoption of the energy-saving special rudder "Gate Rudder" and obtaining ISM Code certification for RORO vessels.
Last updated: June 25, 2026