Calbee, Inc.
2229・Prime Market・Foods
Governance
As a company with a Board of Corporate Auditors, the company combines a highly independent Board of Directors (8 members in total including 5 outside directors, following the June 2026 shareholders meeting) with an executive officer system, separating business execution from oversight functions. Voluntary Nomination Committee and Compensation Committee have been established, with an outside director (independent officer) serving as chair of each.
Risk Management
Under the Crisis Management Regulations, the Compliance and Risk Management Conference (chaired by the Representative Director, President and CEO) oversees risk management across the group, addressing a wide range of risks including product safety, raw material procurement, information security (CSIRT development), and compliance. The Sustainability Committee monitors ESG-related risks and has established a system for regular reporting to the Board of Directors.
Shareholder Returns
Under the new growth strategy "Accelerate the Future," the company is transitioning to a progressive dividend policy premised on an annual increase of at least ¥3 per share through FY2027 (ending March 2027). The year-end dividend for FY2026 (ending March 2026) is ¥66 per share (payout ratio of 47.2%), with FY2027 (ending March 2027) forecast at ¥69 (payout ratio of 48.2%). The company also carried out a share buyback of approximately ¥10.0 billion (via ASR) during the current period.
Dividend Policy
The year-end dividend for FY2026 (ending March 2026) is ¥66 per share (total dividends of ¥8,037 million, consolidated payout ratio of 47.2%). Under the new growth strategy "Accelerate the Future," the company will adopt a progressive dividend policy premised on an annual increase of at least ¥3 per share for the five years from FY2027 (ending March 2027) through FY2031 (ending March 2031). The forecast dividend for FY2027 (ending March 2027) is ¥69 per share (consolidated payout ratio expected at 48.2%). The company's basic policy is to pay a year-end dividend once per year; interim dividends are permitted under the Articles of Incorporation but will be implemented based on an assessment of full-year business performance and other factors.
ESG
The company has established five materiality issues (contributing to healthy living, agricultural sustainability, sustainable supply chains, environmental consideration, and promoting active participation for all employees), setting KPIs such as a 30% reduction in total GHG emissions by FY2031 (ending March 2031) (versus FY2019 (ending March 2019)) and a female manager ratio exceeding 30%. The company conducts integrated information disclosure based on the TCFD and TNFD frameworks, and is promoting the introduction of RSPO-certified palm oil across all plants as well as human rights due diligence.
Last updated: June 19, 2026