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 dividends 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 Tokyo Stock Exchange Prime Market
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


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 am to 5:00 pm)
(Closed Saturdays, Sundays, and public holidays, and from December 31 to January 3)

Status of shares

(as of March 31, 2024)

Total number of authorized shares 250,000,000 shares
Total outstanding shares 70,864,961 shares
Number of shareholders 7,442

Major shareholders

(as of March 31, 2024)

Name Number of shares held(thousand shares) Shareholding ratio(%)
Kyushu Electric Power Company, Incorporated 15,980 22.55
The Master Trust Bank of Japan, Ltd. (trust account) 7,432 10.48
Japan Custody Bank, Ltd. (trust account) 6,108 8.61
The Bank of Fukuoka, Ltd. 3,133 4.42
Kyudenko Employees Shareholding Association 1,790 2.52
Kyudenko Labor Union 1,300 1.83
Nishi-Nippon Railroad Co., Ltd. 1,142 1.61
MUFG Bank, Ltd. 1,133 1.59
Japan Post Insurance Co., Ltd. 1,000 1.41

Note: Shareholding ratio is calculated excluding treasury stock.

Distribution of shares

(as of March 31, 2024)

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 shaped by an awareness of capital costs 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

2021.3 2022.3 2023.3 2024.3 2025.3 2026.3(forecast)
Interim dividends 50 Yen 50 Yen 50 Yen 50 Yen 55 Yen 65 Yen
Year-enddividends 50 Yen 50 Yen 50 Yen 60 Yen 65 Yen 65 Yen
Total 100 Yen 100 Yen 100 Yen 110 Yen 120 Yen 130 Yen

Rating information

(as of April 3, 2023)

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

For more information about ratings, please see the above rating institution's website.

Rating and Investment Information, Inc.

Analysts Coverage

(as of March 31, 2024)

Company Analyst
UBS Securities Japan Co., Ltd. Mariko Watanabe
Tokai Tokyo Intelligence Laboratory Co., Ltd. Hideaki Kuribara
CLSA Securities Japan Co., Ltd. Kazue Yanagisawa
Daiwa Securities Co. Ltd. Hideaki Teraoka
Ichiyoshi Research Institute Inc. Yoko Mizoguchi
  • 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