Stock Information

Stock Information

Fiscal year Every year from April 1 to March 31 in the following year
Annual general meeting of shareholders Held every year in June
Record date of dividents payment Year-end March 31
Interim September 30
Method of public notice Electronic public notice will be posted on the Company's website (
However, if an electronic public notice cannot be made due to an accident or other unavoidable reason, it will be posted on the Nihon Keizai Shimbun.
Stock exchange listing First Section of Tokyo Stock Exchange
Fukuoka Stock Exchange
Stock index JPX-Nikkei Index 400 JPX-Nikkei Index 400
Securities code 1959
Category of business Construction
Trading unit of shares 100 shares
Articles of Incorporation

Articles of Incorporation (PDF 140KB)

Shareholder registry administrator Sumitomo Mitsui Trust Bank, Limited 1-4-1 Marunouchi, Chiyoda-ku, Tokyo
Office of administrator Stock Transfer Agency Business Planning Dept.,Sumitomo Mitsui Trust Bank, Limited

Mailing address Stock Transfer Agency Business Planning Dept.,Sumitomo Mitsui Trust Bank, Limited
2-8-4 Izumi, Suginami-ku, Tokyo, 168-0063
Contact number Phone 0120-782-031 (toll-free in Japan) [Weekdays 9:00-17:00]

Status of shares

(as of March 31, 2021)

Total number of authorized shares 250,000,000 shares
Total outstanding shares 70,864,961 shares
Number of shareholders 6,224

Major shareholders

(as of March 31, 2021)

Name Number of shares held(thousand shares) Shareholding ratio(%)
Kyushu Electric Power Company, Incorporated 15,980 22.55
Japan Custody Bank, Ltd.(trust account) 4,560 6.43
The Master Trust Bank of Japan, Ltd.(trust account) 3,620 5.10
The Bank of Fukuoka, Ltd. 3,133 4.42
Kyudenko Employees Shareholding Association 1,974 2.78
THE BANK OF NEW YORK MELLON 140044 1,586 2.23
Kyudenko Labor Union 1,300 1.83

Note: Shareholding ratio is calculated excluding treasury stock

Distribution of shares

(as of March 31, 2021)

Policy on dividends of surplus and trend of dividends

Policy on dividends of surplus

With respect to profit distribution, we will strive to maintain a sound financial position and make appropriate returns to shareholders while strengthening our management base to improve performance and securing internal reserves necessary for further business expansion.
With respect to dividends, we will meet the expectations of our shareholders by maintaining continuous and stable dividend payment,based on a consolidated payout ratio target of 25%, comprehensively considering the business environment, performance, and financial condition.

Trend of dividends

2017.3 2018.3 2019.3 2020.3 2021.3 2022.3(forecast)
Interim dividends 30 Yen 40 Yen 50 Yen 50 Yen 50 Yen 50 Yen
Year-enddividends 40 Yen 50 Yen 50 Yen 50 Yen 50 Yen 50 Yen
Total 70 Yen 90 Yen 100 Yen 100 Yen 100 Yen 100 Yen

Rating information


Name of rating institution Name of rating Rating
Rating and Investment Information, Inc.(R&I) issuer rating A-

Analysts Coverage


Company Analyst
UBS Securities Japan Co.,Ltd. Mariko Watanabe
Storm Research Ltd Team Coverage
Tokai Tokyo Research Institute Co., Ltd. Hideaki Kuribara
  • The above list is disclosed at the discretion of the Company based on information available to the Company.
  • The above list is provided solely for the purpose of introducing analysts who conduct research for the Company, and is not intended as a solicitation to buy or sell the Company's stock. If you decide to invest, please do so at your own discretion and risk. We do not support the forecasts, opinions, or recommendations of these analysts, nor do we guarantee the accuracy of their information.
  • Analysts use their own judgment in analyzing the Company's performance and making forecasts of future performance. The Company is not involved in any process of such analysis.
  • Please be aware that the information in this list may not be the most up-to-date, and that there may be analysts who are not listed in this list.

Investor Relations