Shikoku Electric Power Company, Incorporated
9507・Prime Market・Electric Power & Gas
Governance
The company operates as a company with an audit and supervisory committee, maintaining a Board of Directors (14 members, including 5 outside directors), and strengthens management oversight functions through the Nomination Advisory Committee and Compensation Advisory Committee. It has established an effective governance framework, with all directors achieving 100% attendance at Board of Directors meetings.
Risk Management
The company has established the "Risk Management Regulations" as its basic policy, operating a PDCA cycle for risk management through annual checks and reviews by management. Sustainability-related risks and opportunities are managed by the Sustainability Promotion Committee, and a human rights due diligence framework has also been established.
Shareholder Returns
The company's basic policy is to pay stable dividends, targeting a shareholder capital dividend ratio of 2.5% under the Medium-Term Management Plan 2030. The annual dividend for FY2025 was ¥50 (up from ¥40 in the previous fiscal year), and the FY2026 forecast is ¥55 per share (an increase of ¥5 year-on-year). Share buybacks have also been conducted.
Dividend Policy
The basic approach to shareholder returns is the payment of stable dividends, determined by comprehensively considering the level of business performance, financial condition, and the medium- to long-term business environment. Under the Medium-Term Management Plan 2030, the company sets a shareholder capital dividend ratio of 2.5% as its return target guideline. Actual results for FY2025 were an annual dividend of ¥50 per share (interim ¥25, year-end ¥25), total dividends of ¥10,328 million, and a payout ratio of 20.2%. The FY2026 forecast is an annual dividend of ¥55 per share (interim ¥27.5, year-end ¥27.5), with a payout ratio of 37.4%.
ESG
Toward carbon neutrality by 2050, the company has set targets to reduce CO₂ emissions by 50% by FY2030 and 60% by FY2035 compared to FY2013 levels, and discloses information based on TCFD recommendations. Regarding human capital, under the "Yonden Group Human Resources Strategy," the company is working on improving engagement, promoting DE&I, and health management (certified as an Excellent Health Management Corporation for 7 consecutive years), and discloses results such as a disabled employment rate of 3.2% and a male childcare leave uptake rate of 76.8%.
Last updated: June 24, 2026