KADOYA SESAME MILLS INCORPORATED
2612・Standard Market・Foods
Governance
The Board of Directors consists of 7 members (including 3 outside directors, an outside director ratio of approximately 43%), and the company operates as a company with a Board of Corporate Auditors. It has established a Nomination and Compensation Advisory Committee (composed of 5 members, including 3 outside directors) to ensure independence.
Risk Management
As the company procures nearly all of its main raw material, sesame, from overseas, it recognizes geopolitical risk, climate change, and raw material price fluctuations as key risks. In accordance with its crisis management regulations, it addresses these risks through a system of ad hoc reporting to management meetings and the Board of Directors, as well as diversification of procurement sources. Separately, in May 2025, the company received a cease-and-desist order and a surcharge payment order from the Japan Fair Trade Commission and is currently pursuing a lawsuit to have these orders rescinded.
Shareholder Returns
Introduced a dividend policy based on DOE (dividend on equity ratio) as the key metric. For FY2026 (ending March 2026), a dividend of ¥137 per share was implemented (payout ratio 46.3%, total dividends ¥1,262 million). The FY2027 (ending March 2027) forecast, on a post-stock-split basis, is ¥47 per share (payout ratio 63.3%). A 3-for-1 stock split was implemented effective April 1, 2026.
Dividend Policy
Introduced a dividend policy based on DOE (dividend on equity ratio) as the key metric. The basic policy is one year-end dividend annually, with interim dividends also permitted under the articles of incorporation. Actual results for FY2026 (ending March 2026) were ¥137 per share (total dividends ¥1,262 million, payout ratio 46.3%, DOE 3.5%). The forecast for FY2027 (ending March 2027), on a post-stock-split basis, is ¥47 per share (payout ratio 63.3%). Note that a 3-for-1 stock split of common shares was implemented effective April 1, 2026, and the dividend amounts for FY2025 (ended March 2025) and FY2026 (ended March 2026) are stated at their actual pre-split amounts.
ESG
With "support for sesame producers," "climate change response," and "human capital" as key themes, the company will newly establish a Sustainability Promotion Office in April 2026. It is advancing cultivation guidance for producer farmers in South America and Africa, diversification of procurement sources, management training, and revisions to personnel systems (female manager ratio of 11.9%), but quantitative targets related to climate change and raw material procurement have not yet been set.
Last updated: June 19, 2026