SHINOBU FOODS PRODUCTS CO., LTD.
2903・Standard Market・Foods
Governance
The company adopts a structure with a board of auditors, comprising a Board of Directors with 7 directors (including 2 outside directors) and a Board of Auditors with 3 members (including 2 outside auditors). Through an executive officer system, oversight and execution are separated, and a Nomination and Compensation Committee chaired by an outside director has been established to strengthen governance.
Risk Management
In accordance with the Risk Management Regulations, the company has established a Risk Management Committee chaired by the Head of the Administration Division, which identifies and assesses risks—including climate change risks—and determines response policies for priority risks. The Audit Department, which is independent of business execution, monitors the operational status of the internal control system, while an internal whistleblowing system supplements the compliance framework.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥32 per share (interim ¥15 + year-end ¥17), with a payout ratio of 21.4%. For FY2027 (ending March 2027), the company forecasts ¥34 (interim ¥17 + year-end ¥17). During the fiscal year, the company acquired ¥1,583 million in treasury stock, strengthening shareholder returns.
Dividend Policy
The company's basic policy is to maintain stable dividends, taking into account business performance while also giving consideration to internal reserves. Dividends are paid twice a year: an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved at the General Meeting of Shareholders). For FY2026 (ending March 2026), the annual dividend is ¥32 (interim ¥15 + year-end ¥17), with a payout ratio of 21.4%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥34 (interim ¥17 + year-end ¥17), with a forecast payout ratio of 22.7%.
ESG
The Sustainability Committee (established December 2022, chaired by the Representative Director and President) is advancing environmental impact reduction, human capital development, and diversity as key priorities. On the environmental front, the company is working on plastic reduction, food loss reduction, and CO2 emissions reduction. On the human capital front, it has set a target of 20% for the ratio of female managers by FY2030 (actual result of 10.7% in FY2025) and has achieved a male childcare leave uptake rate of 75.0%, earning the highest rank (three stars) under the Ministry of Health, Labour and Welfare's "Eruboshi Certification."
Last updated: June 18, 2026