Toyota Tsusho Reinforces Corporate Governance

Toyota Tsusho (JP:8015) has released an update.

Toyota Tsusho Corporation emphasizes a corporate philosophy centered on contributing to society and upholds a basic policy promoting management efficiency, transparency, compliance, and financial health. The company adheres to the Corporate Governance Code, aiming for a dividend payout ratio of 30% or more over the next two fiscal years and considering dividend payments based on cash flow trends. Furthermore, Toyota Tsusho strategically holds shares in key business partners and exercises voting rights thoughtfully, having reduced its cross-shareholdings by 59 issues in the last fiscal year.

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