SHIZUOKA GAS CO.,LTD.

Governance

The Board of Directors consists of 7 members, including 4 outside directors (outside director ratio of approximately 57%), and the company has a Board of Corporate Auditors. A Nomination and Compensation Committee (comprising 2 outside members and 1 internal member) has been established, and the executive officer system separates decision-making and oversight functions from business execution functions.

Risk Management

The company has established a Risk Management Committee, chaired by the Head of the Corporate Services Division, and an Investment Committee, chaired by the Head of the Corporate Strategy Division, to manage operational risks and investment/derivative risks across the group. Important risks are deliberated at the Management Committee before being reported to the Board of Directors. Natural disasters and climate change are also identified as business risks, and the responsible departments monitor them.

Shareholder Returns

The company pays dividends twice a year. Actual results for FY2025 (ending December 2025) were an interim dividend of ¥20.50 and a year-end dividend of ¥22.50, for an annual total of ¥43.00. The forecast for FY2026 (ending December 2026) is an interim dividend of ¥22.00 and a year-end dividend of ¥22.00, for an annual total of ¥44.00 (up ¥1.00 year on year). No new disclosure regarding share buybacks.

ESG

The company conducts scenario analysis based on the TCFD framework, setting targets of carbon neutrality by 2050 and, by 2030, a CO2 reduction contribution of 2 million tons and development of 200,000 kW of renewable energy power sources. In terms of human capital, it has achieved a female manager ratio of 15.9% (next target: 20% or more by the end of March 2031) and a male childcare leave take-up rate of 86.7% (next target: 100% or more), with diversity promotion and talent development as priority issues.

Board Members