TRUSCO NAKAYAMA CORPORATION
9830・Prime Market・Wholesale Trade
Governance
Company with a board of corporate auditors. The board of directors consists of 5 members (including 1 outside director), and under the policy that "governance should fundamentally be completed in-house," the company operates its own president OJT and 360-degree evaluation systems. At the ordinary general meeting of shareholders in March 2026, the company plans to transition to a board of 6 directors (including 2 outside directors). No nomination committee or compensation committee has been established.
Risk Management
The company has established Risk Management Regulations, with the Sustainability Promotion Department serving as the responsible unit, and conducts risk assessment and management through the Sustainability Committee (held at least once every six months). As part of its compliance framework, the company has set up internal and external hotlines, as well as the "Partner Good Choice Hotline" for suppliers, and has appointed a Compliance Officer in each department.
Shareholder Returns
The annual dividend for FY2025 (ending December 2025) is ¥60.00 per share (interim ¥30.50 + year-end ¥29.50). For FY2026 (ending December 2026), the annual dividend is planned at ¥58.50 (interim ¥30.00 + year-end ¥28.50). There is no change to the earnings forecast, and the dividend forecast remains unrevised.
Dividend Policy
The basic policy targets a consolidated payout ratio of 25%, with a minimum floor of ¥10 per share when earnings per share falls below ¥40. The company has established its own unique downside support provision, the "Trusco Zentaku Dividend," whereby up to 10% of depreciation expense is added if the dividend would otherwise fall below the previous period's level. The annual dividend for FY2025 (ending December 2025) is ¥60.00 per share (interim ¥30.50 + year-end ¥29.50). The annual dividend forecast for FY2026 (ending December 2026) is ¥58.50 (interim ¥30.00 + year-end ¥28.50), unrevised from the most recent announcement.
ESG
Under the basic policy of "Kindness, to the Future," the company conducted climate change risk and opportunity analysis based on the TCFD framework. Scope 1+2 emissions for FY2025 totaled 10,821 t-CO2 (3.38 t-CO2 per ¥100 million in sales). In terms of human capital, the company has promoted a 360-degree evaluation system (OJS), a nine-course career selection system, and an increase in the retirement age to 68, achieving a 100% participation rate among all employees in regular health checkups and stress checks.
Last updated: March 18, 2026