Alfresa Holdings Corporation
2784・Prime Market・Wholesale Trade
Governance
The company operates as a company with an Audit and Supervisory Committee, with a board of 12 directors, including 6 outside directors (50% outside ratio). It has established an Officer Nomination and Compensation Committee chaired by an independent outside director, and separates decision-making and oversight from business execution through an executive officer system.
Risk Management
The company holds regular Group Compliance and Risk Management Meetings, deliberates investment proposals through the Business Investment Committee, has established a stable pharmaceutical supply system through BCP development, and built an information security framework based on unified Group standards. A system is in place whereby meeting outcomes are reported to the Representative Director and the Board of Directors.
Shareholder Returns
For FY2026 (ending March 2026), the annual dividend is ¥68 per share (interim ¥34 + year-end ¥34), total dividends of ¥12,389 million, a payout ratio of 29.6%, and DOE of 2.5%. For FY2027 (ending March 2027), the forecast dividend is ¥71 per share (interim ¥35 + year-end ¥36). As a subsequent event, the company resolved to conduct a share buyback of up to ¥15,000 million and 6,307,800 shares.
Dividend Policy
Under the FY2025-FY2027 medium-term management plan, the basic policy is to maintain a DOE (dividend on equity, consolidated) of 2.5% or more together with progressive dividends. Actual results for FY2026 (ending March 2026) were DOE of 2.5% and a payout ratio of 29.6%. The forecast dividend for FY2027 (ending March 2027) is ¥71 per share annually (forecast payout ratio of 61.0%). The decision-making body for dividends from surplus is the Board of Directors, and the Articles of Incorporation provide for the possibility of an interim dividend (record date: September 30 each year). Retained earnings are allocated to ensuring the stability of the management foundation and to business expansion and growth investment as set forth in the medium-term management plan.
ESG
Advancing climate change response based on TCFD (targeting net-zero CO₂ emissions by 2050, achieved a 12.6% reduction in Scope 1+2 emissions in FY2024 versus FY2020) and human capital strategy (targeting a 10% ratio of female managers by FY2031 (ending March 2031), with a male childcare leave uptake rate of 74.3%). The Group Sustainability Promotion Committee has established a framework to report to the Board of Directors twice a year.
Last updated: June 23, 2026