Hikari Food Service Co., Ltd.
138A・Growth Market・Retail Trade
Governance
Company with an Audit and Supervisory Committee. The Board of Directors comprises 9 members in total: 6 directors (excluding Audit and Supervisory Committee members) and 3 Audit and Supervisory Committee members (including 4 outside directors). The company has established a Nomination and Compensation Committee (chaired by an outside director), a Risk and Compliance Committee, and a Management Committee to strengthen governance. The accounting auditor is Gyosei Audit Corporation.
Risk Management
The company has established "Risk Management Regulations," under which the Risk and Compliance Committee (held in principle four times a year) deliberates and evaluates risks ahead of the Board of Directors. In the event of an emergency, the President establishes an emergency response headquarters to respond. Three internal audit personnel (no independent internal audit department has been established) conduct operational audits covering all departments, and a system has been put in place whereby the results are reported directly to the Representative Director and President.
Shareholder Returns
For FY2026 (ending November 2026), a year-end dividend of ¥48 (annual) is planned, representing a substantial effective increase from the prior period's ¥40 (which included a ¥20 listing commemorative dividend). No interim dividend is planned (¥0). No share buyback was conducted. There is no revision to either the earnings forecast or the dividend forecast.
Dividend Policy
The basic policy is to pay a year-end dividend once per year, with interim dividends also permitted under the articles of incorporation. Actual results for FY2025 (ended November 2025) were a year-end dividend of ¥40 (including a ¥20 listing commemorative dividend; total dividends paid of ¥39,680 thousand). For FY2026 (ending November 2026), a year-end dividend of ¥48 (annual total of ¥48) is planned, an increase of ¥8 from the prior period (a substantial increase on an effective basis excluding the listing commemorative dividend). Dividends are determined based on a comprehensive assessment of business results, financial position, and business plans, while balancing retained earnings. There is no revision to the earnings forecast.
ESG
Positions human capital as its most critical management priority, focusing on recruitment, talent development, and workplace environment improvement. As of the end of November 2025, the company achieved its target of improving new-hire retention rate by 10% (actual improvement: 12.5%), while its target of reducing the turnover rate by 50% was not achieved (actual reduction: 4.3%). Food loss reduction is also recognized as a challenge. The company discloses that women hold 22.2% of management positions and that the rate of male employees taking childcare leave is 100%. No disclosure was made regarding environmental indicators such as climate change.
Last updated: February 24, 2026