Horiifoodservice Co., Ltd.
3077・Standard Market・Retail Trade
Governance
Company with a Board of Corporate Auditors. Composed of 7 directors (1 outside director, outside ratio approx. 14.3%) and 3 corporate auditors (2 outside corporate auditors). No nomination committee or compensation committee has been established. The Board of Directors meets once a month (11 times during the fiscal year under review), with the Compliance Committee, Business Improvement Meeting, and Management Meeting held regularly as supplementary functions. Toranomon Audit Corporation was appointed as the accounting auditor.
Risk Management
The Board of Directors identifies key risks through periodic reports from each director, clarifying response policies and the responsible director for each. The company has established a Compliance Committee and a Sustainability Committee, both chaired by the Representative Director and President, which identify climate change, natural disasters (earthquakes, typhoons, floods, etc.), and infectious diseases as major risks. The Internal Audit Office audits the operational status of internal controls and reports to the Representative Director and President.
Shareholder Returns
No interim dividend (¥0) for FY2026 (ending November 2026); year-end dividend forecast also ¥0, with no dividend expected to continue for the full year. Separately, in June 2026 the company acquired 50,000 shares of treasury stock (total acquisition cost of ¥36 million) via market purchase, which has been completed. As a subsequent event, the company made Sushimasu Foods Co., Ltd. a subsidiary for ¥380 million.
Dividend Policy
The basic policy is to pay a year-end dividend once per year, with interim dividends also permitted under the articles of incorporation subject to a board resolution. No dividend was paid (¥0) for FY2025 (ended November 2025). For FY2026 (ending November 2026), the interim dividend is ¥0 and the year-end dividend forecast is ¥0, with no dividend expected for the full year. There has been no revision to the dividend forecast from the most recently announced figures.
ESG
The company has set "sustainability of the global environment" as a materiality issue, prioritizing the measurement and reduction of food waste generation. Quantification of GHG emissions and target-setting are planned as future steps. In terms of human capital, the company has set metrics for the hiring of female employees in the sales division (target of 5 for FY2025 (ending November 2025), with 5 achieved) and average monthly overtime of within 20 hours (actual: 20 hours 19 minutes). A Sustainability Committee, chaired by the Representative Director and President, meets four times a year, and a governance structure has been established whereby the Board of Directors receives reports and provides oversight at least once a year.
Last updated: February 25, 2026