KIKKOMAN CORPORATION
2801・Prime Market・Foods
Governance
As a company with a board of statutory auditors, the board of directors consists of 13 directors (including 7 outside directors, all of whom are registered as independent officers), with outside directors holding a majority. The company has voluntarily established a Nomination Committee and a Compensation Committee, both chaired by outside directors, aiming to enhance management transparency and strengthen its supervisory functions.
Risk Management
Based on the "Kikkoman Group Risk Management Regulations," risk is defined as "all uncertainty in management," and the impact and likelihood of occurrence are assessed quarterly at the Group Management Meeting. Sustainability-related risks are managed through collaboration between the Sustainability Committee and the Group Management Meeting, with a system in place to report material matters to the Board of Directors.
Shareholder Returns
The dividend per share for FY2026 (ending March 2026) is ¥25 (interim ¥10 + year-end ¥15), with a consolidated payout ratio of 37.9%. The same dividend of ¥25 is forecast for FY2027 (ending March 2027). At the Board of Directors meeting on April 24, 2026, a resolution was passed for share buybacks with an upper limit of 24 million shares and ¥30,000 million (from May 7, 2026 to March 31, 2027).
Dividend Policy
The basic policy is to pay dividends from retained earnings twice a year (interim and year-end), with profit distribution implemented while taking into account the strengthening of the corporate foundation, business expansion, and consolidated business results, among other factors. For FY2026 (ending March 2026), the dividend per share is ¥25 (interim ¥10, year-end ¥15), with a consolidated payout ratio of 37.9%. Note that the year-end dividend for FY2025 (ended March 2025) consisted of an ordinary dividend of ¥13 plus a special dividend of ¥2, totaling ¥15. The forecast dividend per share for FY2027 (ending March 2027) is also ¥25 (forecast payout ratio of 38.1%). Retained earnings are utilized for measures to enhance corporate value, such as overseas investments and loans, capital expenditures, research and development, and market investments.
ESG
The company has identified three materiality areas—"Global Environment," "Food and Health," and "People and Society"—and has set targets of achieving net-zero CO2 emissions by 2050 and reducing emissions by 50% or more by FY2030 (compared to FY2018 levels), achieving a 40.0% reduction in FY2025 results. It has obtained TCFD, TNFD, and SBTi certifications and conducted a double materiality assessment based on EFRAG guidance, actively advancing its response to international disclosure standards.
Last updated: June 19, 2026