Thasegawa amends governance for enhanced shareholder returns, transparency

Thasegawa Co., Ltd. has approved key amendments to its Basic Policy on Corporate Governance, effective December 15, 2025, emphasizing enhanced shareholder returns and transparency. The revisions include a shift in its capital policy, moving from a consolidated dividend payout ratio target of 35% to a consolidated dividend on equity (DOE) ratio of 3% or higher for interim and year-end dividends. Furthermore, the company will now provide semiannual securities reports instead of quarterly reports, alongside other IR documents on its website.

Executive compensation for directors (excluding outside directors) will transition from stock option-type stock compensation to restricted stock compensation, aligning incentives more closely with long-term business performance and shareholder value. The company will also designate a corporate executive officer, rather than a director, to oversee IR and facilitate constructive dialogue with shareholders and investors.

These changes underscore Thasegawa’s commitment to reinforcing its management base while actively engaging with shareholders. The company plans to continue holding financial results briefings twice a year, providing opportunities for its representative director to explain financial results and management strategies.