HOKURIKU GAS CO.,LTD.
9537・Standard Market・Electric Power & Gas
Governance
The company has adopted an audit & supervisory board system. It consists of 9 directors (of which 3 are outside directors) and 3 audit & supervisory board members (of which 2 are outside audit & supervisory board members). A Nomination and Compensation Committee has been established as an advisory body to the Board of Directors to ensure objectivity and transparency.
Risk Management
Risks are identified and classified by each department, and after assessing their likelihood and impact, countermeasures are formulated. Effectiveness is periodically evaluated, and the risk management status is reported to and deliberated by the Board of Directors annually to enhance effectiveness.
Shareholder Returns
The company pays dividends twice a year (interim and year-end). For FY2026 (ending March 2026), the dividend is ¥80 per share (total dividends of ¥375 million), with a payout ratio of 11.7%. The same amount of ¥80 is forecast for FY2027 (ending March 2027). Small-scale acquisition and disposal of treasury stock have also been carried out.
Dividend Policy
The basic policy is to provide stable and appropriate profit distribution while enhancing internal reserves, with dividends paid twice a year via interim and year-end dividends. The annual dividend for FY2026 (ending March 2026) is ¥80 per share (¥0 at the second-quarter end and ¥80 at year-end), with total dividends of ¥375 million and a payout ratio of 11.7%. For FY2027 (ending March 2027), a dividend of ¥80 per share (¥80 at year-end) is forecast.
ESG
Under its "Basic Policy on Sustainability Initiatives," the company aims to promote decarbonization through the expanded adoption of natural gas and to achieve carbon neutrality by 2050. It has also set human capital indicators, such as a 5-year average female applicant ratio of 30% or higher and average monthly overtime of 9.2 hours (target: 10 hours or less), while promoting diversity and health management.
Last updated: June 25, 2026