NAFCO Co., Ltd.
2790・Standard Market・Retail Trade
Governance
The company has a Board of Corporate Auditors. The Board of Directors consists of 15 members (including 2 outside directors, an outside director ratio of approximately 13.3%), chaired by the President and Representative Director. Neither a Nomination Committee nor a Compensation Committee has been established.
Risk Management
The company has established a Compliance and Risk Management Committee that meets once per quarter, with participation from directors, department heads, and legal counsel. It has formulated the "Anti-Social Forces Response Regulations" and "Corporate Ethics Regulations," and the Internal Audit Office conducts audits of each store, headquarters, and subsidiaries every fiscal period.
Shareholder Returns
Stable dividends are the basic policy, with dividends paid twice a year. The annual dividend for FY2026 (ending March 2026) is ¥58 per share (interim ¥29, year-end ¥29), with total dividends of ¥1,425 million and a payout ratio of 638.1%. FY2027 (ending March 2027) is also forecast at the same annual ¥58. No share buyback was conducted in FY2026 (ending March 2026).
Dividend Policy
Stable dividends are the basic policy, generally paid twice a year through an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved by the shareholders' meeting). For FY2026 (ending March 2026), the annual dividend is ¥58 per share (interim ¥29, year-end ¥29), with total dividends of ¥1,425 million and a payout ratio of 638.1%. The FY2027 (ending March 2027) forecast is also an annual ¥58 (interim ¥29, year-end ¥29), with a forecast payout ratio of 112.3%. Retained earnings are used as funds for capital expenditure and other purposes.
ESG
The company is promoting CO2 reduction (52.3% reduction versus FY2014 levels, LED lighting at 357 stores, solar power generation at 34 stores) and has concluded 354 disaster-related supply agreements with local governments. On the human capital front, it is working to address challenges such as the ratio of female managers at 1.6% (target: 2%) and the male childcare leave uptake rate of 15.0%.
Last updated: June 24, 2026