AKIKAWA FOODS & FARMS CO., LTD.
1380・Standard Market・Fishery, Agriculture & Forestry
Governance
The Board of Directors consists of 6 members in total, 4 internal and 2 outside directors (a company with a Board of Corporate Auditors). The Board of Corporate Auditors consists of 3 members, all outside auditors, and the company has established an Internal Control Enhancement Committee, an Executive Committee, and a Sustainability Promotion Committee to improve the soundness and transparency of management.
Risk Management
The company recognizes feed ingredient price fluctuations, avian influenza, and sales concentration in specific business partners as key risks, and manages these risks through raw material control at directly operated and partner farms, thorough disease prevention systems, and GHG emissions monitoring by the Sustainability Promotion Committee.
Shareholder Returns
For FY2026 (ending March 2026), the company implemented a dividend of ¥10 per share (total dividends of ¥41 million, payout ratio of 191.2%). It plans to continue the ¥10 per share dividend in FY2027 (ending March 2027). There have been no share buybacks to date. No numerical target for the payout ratio has been disclosed.
Dividend Policy
While placing importance on returning profits to shareholders, the company's basic policy is to balance active investment toward establishing the Akikawa Makien brand and achieving medium- to long-term growth with maintaining a sound financial structure. The basic approach is to pay dividends from retained earnings once a year through a year-end dividend. For FY2026 (ending March 2026), the company implemented a dividend of ¥10 per share (total dividends of ¥41 million, consolidated payout ratio of 191.2%), and it plans to continue the ¥10 per share dividend in FY2027 (ending March 2027). An interim dividend record date is set as of the end of the second quarter, but the interim dividend forecast is ¥0 for both FY2026 and FY2027.
ESG
The company prioritizes greenhouse gas reduction (reducing CO2 emissions by approximately 951 tons annually through the switch to renewable energy electricity) and improving the self-sufficiency rate of feed ingredients, while also engaging in plastic reduction and regional circular agriculture initiatives. In terms of human capital, the company has achieved a female manager ratio of 15.2% (target of 20.0% by FY2027, ending March 2027) and a 100% male childcare leave utilization rate, promoting the utilization of diverse talent.
Last updated: June 25, 2026