INNOTECH CORPORATION
9880・Prime Market・Electric Appliances
Governance
The company has an Audit and Supervisory Committee structure. Of the five directors, three (60%) are outside directors, constituting a majority, and all three members of the Audit and Supervisory Committee are outside directors. The chairman of the Board of Directors is also an independent outside director, and the company has established a voluntary advisory committee in which independent outside directors hold a majority, ensuring independence and objectivity in nominations, dismissals, and compensation.
Risk Management
The company has established a Risk Management Committee chaired by the Representative Director, President and Executive Officer, which identifies, analyzes, and evaluates risks based on the Basic Policy on Risk Management and Risk Management Regulations. Matters discussed by the Committee are regularly reported to the Board of Directors and the Management Committee, ensuring a company-wide risk management framework.
Shareholder Returns
For FY2026 (ending March 2026), an annual dividend of ¥125 per share (interim ¥35 + year-end ¥90, of which ¥50 is a special dividend) will be paid, with an actual payout ratio of 39.0%. The forecast for FY2027 (ending March 2027) is ¥130 (interim ¥90 + year-end ¥40). In addition, the company resolved to repurchase up to 1,000,000 shares for up to ¥2,500 million, aiming to strengthen total shareholder returns.
Dividend Policy
The annual dividend for FY2026 (ending March 2026) is ¥125 per share (interim ¥35 + year-end ¥90, of which the year-end portion consists of an ordinary dividend of ¥40 plus a special dividend of ¥50), with total dividends of ¥1,565 million and an actual consolidated payout ratio of 39.0%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥130 (second-quarter-end ¥90, comprising an ordinary dividend of ¥40 plus a special dividend of ¥50, and year-end ¥40), with a forecast payout ratio of 32.6%. Separately, pursuant to a resolution of the Board of Directors on May 14, 2026, the company resolved to repurchase up to 1,000,000 shares for a total acquisition price of up to ¥2,500 million (from May 15, 2026 to December 31, 2026, via purchases on the Tokyo Stock Exchange market); the impact of this repurchase is not included in the FY2027 (ending March 2027) forecast payout ratio.
ESG
The company has established a Sustainability Promotion Council chaired by the President and CEO (as CSO), identifying five materialities including human capital management and climate change response, and managing them through KPIs. The ratio of female managers reached 5.3% in FY2025 (achieving the 5% target), and the company is promoting diversity initiatives, talent development, and flexible working arrangements toward a FY2030 target of 10%. It has also set a goal of achieving net-zero Scope 1 and 2 greenhouse gas emissions by 2050.
Last updated: June 24, 2026