DAIKOKUTENBUSSAN CO.,LTD.
2791・Prime Market・Retail Trade
Governance
Company with a Board of Corporate Auditors. Composed of 7 directors (2 outside directors, outside ratio approximately 28.6%) and 3 corporate auditors (2 outside corporate auditors). No nomination committee or compensation committee has been established. The Board of Directors meets 12 times per year, and all directors maintain a high attendance rate. The company employs an executive officer system, and the management meeting is held once a month. Following the Annual General Meeting of Shareholders in August 2025, the company plans to transition to a structure of 8 directors (2 outside directors).
Risk Management
In light of the characteristics of the food retail business, the company continuously monitors freshness control, quality labeling, and traceability of food products. The Merchandising Department and Store Operations Department conduct on-site store inspections and guidance, while the Internal Audit Office performs both regular and surprise audits. A compliance hotline has been established. The General Affairs Department oversees cross-organizational risk management, and a system is in place whereby, for any newly identified risk, the Board of Directors immediately designates a person responsible for addressing it. Legal and compliance functions are supplemented through an advisory agreement with outside legal counsel.
Shareholder Returns
Annual dividend per share for FY2026 (ending May 2026) is ¥39 (total dividends ¥523 million, payout ratio 14.7%). For FY2027 (ending May 2027), the company forecasts ¥39 per share (an increase of ¥4 from the initial forecast). During the period, the company repurchased ¥3,000 million of treasury shares. The basic policy is stable dividends, combined with flexible share buybacks.
Dividend Policy
The basic policy is to distribute profits on a sustained and stable basis. The annual dividend per share for FY2026 (ending May 2026) is a lump-sum year-end dividend of ¥39 (total dividends ¥523 million, payout ratio 14.7%). The forecast for FY2027 (ending May 2027) is ¥39 per share (an increase of ¥4 from the initial forecast). The basic policy is one year-end dividend per year, though interim dividends are also permitted under the articles of incorporation. During the period, the company carried out a share buyback of ¥3,000 million (1,090,907 shares).
ESG
As part of climate change response, the company conducted scenario analysis under 2°C and 4°C scenarios and set net-zero by 2050 as a long-term target (short- and medium-term GHG reduction targets are under consideration). Regarding human capital, the company has established hierarchical training programs through "Daikokuten University," individual interviews conducted by the Human Resources Department, and systems including the area employee system, internal job posting system, and refresh leave system. The ratio of female managers stands at a low 2.6% (for the reporting company), and setting targets for diversity metrics is being considered as a future challenge. Sustainability issues are monitored and managed through five functional committees (product strength, store strength, manufacturing strength, logistics strength, and human capital strength) in which dedicated directors participate.
Last updated: August 19, 2025