NISHIO HOLDINGS CO. , LTD.
9699・Prime Market・Services
Governance
Company with a Board of Corporate Auditors, operating under a holding company structure. The Board of Directors consists of 6 members (2 outside directors, 33.3% outside ratio), and the Board of Corporate Auditors consists of 3 members (2 outside). No nomination committee or compensation committee has been established. The Board of Directors holds regular monthly meetings, maintaining a 100% attendance rate among all members.
Risk Management
The company focuses on managing financial soundness stemming from the characteristics of the construction equipment rental business (including guideline setting for the equity ratio and interest-bearing debt-to-monthly-sales multiple, among others), as well as credit management and safety measures. In 2024, a project team led by the General Affairs and Human Resources Department was launched, establishing a framework to identify and assess climate change-related risks across the entire company. A system was also established to report to the Board of Directors at least once a year.
Shareholder Returns
Annual dividend forecast for FY2026 (ending September 2026) is ¥132 per share (up ¥1 from ¥131 in the previous period). Interim dividend is ¥0, with a year-end lump-sum dividend of ¥132. No change to the dividend forecast relative to the full-year earnings forecast. No mention of share buybacks in this earnings report.
Dividend Policy
The basic policy is a payout ratio of 30%, returning profits to shareholders while giving due consideration to financial safety and soundness. Retained earnings are allocated to growth investments such as enhancement of rental assets and M&A. Year-end dividends are resolved at the shareholders' meeting, and interim dividends at the board of directors' meeting. The annual dividend forecast for FY2026 (ending September 2026) is ¥132 per share (interim ¥0, year-end ¥132), representing an increase of ¥1 from the previous period's actual result of ¥131.
ESG
Conducted TCFD-based scenario analysis (1.5°C/2.0°C and 4.0°C) and set a target to reduce Scope 1 and 2 CO2 emissions by 50% by FY2035 (fiscal year ending September) compared to FY2023 (ending September 2023) levels (actual result of 9,074 t-CO2 in FY2025, ending September 2025). In terms of human capital, the company has set a target of raising the proportion of female managers to 15% or more by FY2035 (actual 5.7% in FY2025) and the proportion of mid-career hires to 35% or more (actual 32.9%), and is promoting talent development through its job-grade qualification system, MBO (management by objectives) system, and profit-sharing system.
Last updated: December 18, 2025