TOKAI Corp.
9729・Prime Market・Services
Governance
Company with an Audit and Supervisory Committee (transitioned in 2015). The Board of Directors consists of 10 members in total, including internal and outside directors, with 5 outside directors (2 of whom are Audit and Supervisory Committee members) participating. Since June 2022, the company has established a voluntary Nomination and Compensation Committee, strengthening independence and objectivity by making outside directors its primary members.
Risk Management
The Company has established a Risk Management Committee chaired by the Representative Director and President, which deliberates on the identification, assessment, and mitigation of risks each fiscal period. Key management items are approved by the Board of Directors, and sustainability risks such as climate change and human capital are also evaluated company-wide by the Sustainability Committee, adopting a two-tier structure.
Shareholder Returns
The annual dividend for FY2026 (ending March 2026) is ¥68 per share (interim ¥34 + year-end ¥34, including a ¥5 70th-anniversary commemorative dividend in each), with total dividends of ¥2,200 million and a payout ratio of 36.6%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥80 (payout ratio of 40.4%). During the current period, the company conducted share buybacks of ¥6,317 million.
Dividend Policy
The company continues to pay stable, performance-linked dividends targeting a payout ratio of around 35%. Under the three-year medium-term management plan starting from FY2026 (ending March 2026), the company aims for a cumulative total shareholder return ratio of over 70%, prioritizing continuation of stable dividends while also considering flexible shareholder return measures including share buybacks. Dividends are paid twice a year (interim and year-end). For FY2026 (ending March 2026), a ¥5 70th-anniversary commemorative dividend is added to each of the interim and year-end dividends, resulting in an annual dividend of ¥68 (payout ratio of 36.6%); the forecast for FY2027 (ending March 2027) is an annual dividend of ¥80 (payout ratio of 40.4%).
ESG
Based on the TCFD framework, the company qualitatively and quantitatively assesses climate change risks and opportunities, setting targets to reduce Scope 1 + 2 emissions by 50.4% by 2030 compared to FY2018 levels and to achieve carbon neutrality by 2050. In terms of human capital, the company discloses a female manager ratio of 18.5% and a male childcare leave uptake rate of 88.2% (FY2026 (ending March 2026) results), and is working on promoting DE&I and human resource development.
Last updated: June 22, 2026