AUTOWAVE CO.,LTD.
2666・Standard Market・Retail Trade
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 4 directors (of which 1 is an outside director; outside director ratio of 25%), and all 3 corporate auditors are outside auditors. The Board of Directors meets 12 times per year, with full attendance by all members. No nomination committee or compensation committee has been established.
Risk Management
The Company has established an Internal Audit Office reporting directly to the President, which coordinates with the Accounting Department, General Affairs & Human Resources Department, and store management personnel to ensure the objectivity and neutrality of management oversight. Regular operational testing of business processes is conducted, with results reported to the President. A framework has also been put in place under which the President and Representative Director identifies and assesses climate change risks and reports on them periodically to the Board of Directors.
Shareholder Returns
For FY2026 (ending March 2026), a year-end dividend of ¥4 per share was implemented (dividend payout ratio of 13.0%). The same ¥4 per share is planned for FY2027 (ending March 2027). The basic policy is to balance stable and continuous dividends with strengthening the financial position. There is no mention of share buybacks being implemented.
Dividend Policy
The basic policy is to allocate profits according to business performance, taking into account a balance between shareholder returns through stable and continuous dividends and strengthening the financial position and future business development. Dividends are paid once a year as a lump-sum year-end dividend. For FY2026 (ending March 2026), a dividend of ¥4 per share (total dividends of ¥57 million) was implemented, resulting in a dividend payout ratio of 13.0%. For FY2027 (ending March 2027), a dividend of ¥4 per share (year-end) is planned.
ESG
Referencing the TCFD framework as part of its climate change response, the company promotes LED lighting in stores, use of rebuilt parts, recycling of waste tires, and plastic reduction through fabric seat covers. It has set a target of achieving carbon neutrality by 2050. In terms of human capital, it aims to raise the ratio of female hires to 50% or more and the rate of male employees taking childcare leave to 10% or more, both by March 2030, and promotes diversity through employment of persons with disabilities, a rehiring system, and in-house training programs, among other initiatives.
Last updated: June 26, 2026