OHBA CO., LTD.
9765・Prime Market・Services
Governance
A company with a Board of Corporate Auditors. As of the securities report filing date, the Board of Directors consists of 4 directors and 5 outside directors (9 in total), with outside directors accounting for approximately 55.6% of the total. Following approval at the ordinary general meeting of shareholders (scheduled for August 26, 2025), the composition is expected to change to 3 directors and 6 outside directors (9 in total), with independent outside directors comprising a majority. The company has established a voluntary Officer Nomination Committee and Officer Compensation Committee to ensure objectivity and transparency in the nomination and compensation processes. The accounting auditor is PwC Japan LLC.
Risk Management
The Company has established the "Basic Regulations on Risk Management," building a response framework based on the identification, analysis, and evaluation of risks. The Internal Control Office conducts internal audits, and the Company has established a Compliance Committee and an internal whistleblowing system. In addition, the Company conducts ongoing education and training and thoroughly disseminates compliance manuals to ensure compliance with the Antimonopoly Act and the Act on the Protection of Personal Information. Audit results are reported to the Board of Directors under this framework.
Shareholder Returns
Annual dividend for FY2026 (ending May 2026) is ¥44 per share (interim ¥21 + year-end ¥23), with a payout ratio of 47.6%. The FY2027 (ending May 2027) forecast is ¥44 (interim ¥22 + year-end ¥22), with a payout ratio target of 48.0%. Share buybacks were also conducted (¥172 million during the current period).
Dividend Policy
A performance-linked dividend policy targeting a payout ratio benchmark. The annual dividend for FY2026 (ending May 2026) is ¥44 per share (interim ¥21 + year-end ¥23), with a payout ratio of 47.6% and a dividend-to-net-assets ratio (DOE) of 5.2%. The FY2027 (ending May 2027) forecast calls for an annual dividend of ¥44 (interim ¥22 + year-end ¥22), targeting a payout ratio of 48.0%. Share buybacks are also conducted flexibly, with ¥172 million repurchased during the current period.
ESG
The Board of Directors has positioned sustainability issues as a key management challenge, placing "safe, secure, and sustainable community development" at the core of its business. As human capital investment, the company has already built a workforce of 500 employees holding technical qualifications (target: 650), and discloses a female manager ratio of 3.6% and a male childcare leave uptake rate of 66.7%, targeting medium- to long-term improvement. It states that quantitative analysis of climate change-related risks and opportunities has not yet been conducted, and that a response is currently under consideration.
Last updated: August 25, 2025