MatsukiyoCocokara&Co.
3088・Prime Market・Retail Trade
Governance
A company with a Board of Company Auditors system. The Board of Directors consists of 14 members (including 6 outside directors, an outside ratio of approximately 43%), and the Board of Auditors consists of 4 members (including 3 outside auditors). The company has established a voluntary Nomination and Compensation Advisory Committee and has also introduced an executive officer system to strengthen its governance functions.
Risk Management
Based on the Compliance and Risk Management Regulations, the company has established a Compliance and Risk Committee and an Internal Control Supervision Office, building a risk management framework across the group. Climate change risk has been incorporated into the risk assessment items, and a system has been established to report regularly to the Board of Directors through the Sustainability Committee.
Shareholder Returns
Progressive dividend policy as the basic approach, with a long-term target of consolidated payout ratio of 50% and DOE of 6%. Dividend per share for FY2026 (ending March 2026) is ¥50 (interim ¥24 plus year-end ¥26), with a consolidated payout ratio of 35.7%. Forecast for FY2027 (ending March 2027) is ¥56 (up ¥6 year-on-year). Share buybacks of ¥15,299 million were conducted.
Dividend Policy
Progressive dividends as the basic policy, with long-term targets of a consolidated payout ratio of 50% and consolidated DOE (dividend on equity ratio) of 6%. Dividends are paid twice a year, interim and year-end. Actual results for FY2026 (ending March 2026) were ¥50 per share (interim ¥24, year-end ¥26), with a consolidated payout ratio of 35.7% and a consolidated DOE of 3.8%. Forecast for FY2027 (ending March 2027) is ¥56 per share (interim ¥28, year-end ¥28), with a consolidated payout ratio of 37.8%. Under the cash allocation policy, 45% is to be allocated to shareholder returns (dividends, share buybacks, etc.).
ESG
The company supports TCFD and has set KPIs to reduce CO₂ emissions by 40% by FY2030 (versus FY2022 (ending March 2022)) and to raise the ratio of environmentally friendly private-brand products to 60% or higher. On the human capital side, the company is advancing multifaceted ESG initiatives, including a female manager ratio of 23.8% (with a FY2030 target of 30%), a male childcare leave uptake rate of 65.6%, and certification as a "White 500" excellent health management corporation for two consecutive years.
Last updated: June 18, 2026