MARUDAI FOOD CO.,LTD.
2288・Prime Market・Foods
Governance
As a company with an audit and supervisory board, the board of directors consists of 6 directors (including 2 outside directors and 1 female director). The company has established a Nomination and Compensation Committee (comprising 3 members, including 2 independent outside directors), a Compliance Committee (chaired by an independent outside director), a Crisis Management Committee, a Sustainability Committee, and others, aiming to ensure transparency and fairness.
Risk Management
The Crisis Management Committee has been established based on the "Marudai Foods Group Crisis Management Regulations." Sustainability-related risks are identified and evaluated using external and internal information as inputs, and the Internal Audit Office (8 members), which reports directly to the President and Representative Director, audits and reports on the status of internal controls across the group.
Shareholder Returns
Basic policy of a minimum dividend of ¥30 per share and total shareholder return ratio of 30% or more. For FY2026 (ending March 2026), the dividend was increased to ¥70 per share (total dividends of ¥1,709 million, payout ratio of 17.5%). An interim dividend system will be introduced from FY2027 (ending March 2027), with a forecast of ¥80 per share. Share buybacks (upper limit of ¥1.3 billion) are also being carried out.
Dividend Policy
The company sets a minimum dividend of ¥30 per share and aims to maintain a total shareholder return ratio of 30% or more. For FY2026 (ending March 2026), a dividend of ¥70 per share (total dividends of ¥1,709 million) was implemented. From FY2027 (ending March 2027) onward, the basic policy will be to target a dividend level equivalent to approximately 35% of NOPAT (operating income × [1 − the company's assumed effective tax rate]), aiming for stable and highly predictable shareholder returns. An interim dividend system is planned to be introduced from FY2027 (ending March 2027) (a proposal to amend the articles of incorporation will be submitted to the ordinary general meeting of shareholders), and the next dividend is forecast at ¥80 per share (interim ¥40, year-end ¥40).
ESG
The company conducted climate change scenario analysis (1.5°C and 4°C scenarios) based on the TCFD framework, setting a target of 77,760 t-CO₂ for Scope 1 and 2 greenhouse gas emissions in FY2030 (a 32% reduction versus FY2022). In human capital, targets include a female manager ratio of 10% or higher by FY2032 and an engagement score of 70% or higher by FY2030, and the company has obtained certification as an Excellent Health Management Corporation 2026 (Large Enterprise Category). For performance-linked stock compensation metrics, a weighting of ROE : ESG management indicators = 80% : 20% has been set, and sustainability indicators have also been incorporated into executive compensation.
Last updated: June 19, 2026