Village Vanguard CO.,LTD.
2769・Standard Market・Retail Trade
Governance
The company has adopted the audit and supervisory board system, with the Board of Directors comprising 8 members, including 5 outside directors (outside director ratio: 62.5%). An independent voluntary advisory committee, the "Compensation Advisory Committee," has been established. No nomination committee has been established. The Board of Directors held 17 meetings during the fiscal year under review.
Risk Management
The company has established Risk Management Regulations and set up a Risk Management Committee, which regularly checks the risk management framework and monitors new risks. The Compliance Committee also meets regularly, and a framework has been established in which both committees address sustainability as a key issue.
Shareholder Returns
Common shares will remain unpaid (annual dividend of ¥0) also in FY2026 (ending May 2026). Class A preferred shares (1,500 shares) will also be unpaid due to the lack of distributable amount, but under the cumulative provision this will be carried forward to subsequent periods, with the cumulative total reaching ¥240 million. The dividend forecast for FY2027 (ending May 2027) remains undetermined.
Dividend Policy
The articles of incorporation stipulate dividends twice a year, with record dates at the end of the second quarter and the fiscal year-end, but the dividend forecast amount remains undetermined at this time. For FY2026 (ending May 2026), both common shares and Class A preferred shares will be unpaid (annual dividend of ¥0). Class A preferred shares (1,500 shares issued) did not receive dividends due to the lack of distributable amount, but in accordance with the cumulative provision, this will accumulate into subsequent periods (from FY2027, ending May 2027, onward), with the cumulative total reaching ¥240 million as of May 31, 2026. For the FY2027 forecast, dividend forecast amounts for both common shares and Class A preferred shares also remain undetermined.
ESG
The company addresses ESG priority issues comprising E (environmental consideration), S (safe and secure workplace, health management, respect for diversity), and G (thorough legal compliance). In terms of human capital, it discloses a female employee ratio of 71.6%, a female store manager ratio of 43.6%, a disabled employment rate of 4.99% (for the reporting company), and average overtime hours of 7.5 hours per person per month. It has introduced a shortened working hours system for childcare and is promoting workplace environment improvements that respect diversity and eliminate discrimination.
Last updated: August 29, 2025