Nagase Brothers Inc.
9733・Standard Market・Services
Governance
Company with a Board of Corporate Auditors. Composed of 6 directors (2 outside, outside ratio 33.3%) and 3 corporate auditors (2 outside). Representative Director Akiyuki Nagase serves as Chairman of the Board of Directors, which holds regular meetings once a month (10 times during the fiscal year under review). No Nomination Committee or Compensation Committee has been established.
Risk Management
The company has established a risk management structure centered on the President, setting up specialized committees as needed. Sustainability-related risks are identified, assessed, and managed on a company-wide basis through monthly budget meetings and management meetings, with regular monitoring also conducted through internal audits.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is confirmed at ¥150 per share (ordinary dividend of ¥100 plus a commemorative dividend of ¥50). For FY2027 (ending March 2027), an ordinary dividend of ¥120 (an increase of ¥20 versus the prior period's ordinary dividend) is forecast, with a shift to semi-annual payments of ¥60 interim and ¥60 year-end. The payout ratio is 99.1%.
Dividend Policy
The FY2026 (ending March 2026) result was a single year-end payment of ¥150 (ordinary dividend of ¥100 plus a commemorative dividend of ¥50), with a payout ratio of 99.1% and a dividend-on-equity ratio (DOE) of 11.6%. For FY2027 (ending March 2027), an ordinary dividend of ¥120 (an increase of ¥20 versus the prior period's ordinary dividend of ¥100) is forecast, and for the first time the company plans to pay dividends semi-annually—an interim dividend of ¥60 and a year-end dividend of ¥60—with the aim of enhancing opportunities for returning profits to shareholders. There is no explicit mention of share buybacks in the financial results report.
ESG
With a corporate philosophy of "fostering human capital that contributes to a society and world of independence and self-respect," the company positions human capital development as the most important element of sustainability. In terms of human capital, it has set targets of 30% for the ratio of female managers (actual: 14.2%), 50% for the male childcare leave uptake rate (actual: 40.0%), and 85% for the gender pay gap (actual: 81.4%), and focuses on human capital development through monthly company-wide training sessions and a kaizen (improvement) proposal system.
Last updated: June 25, 2026