The Monogatari Corporation
3097・Prime Market・Retail Trade
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 7 members (3 outside directors), and all 4 corporate auditors are outside auditors. The company has established voluntary Nomination and Compensation Committees (with independent outside directors and auditors comprising the majority), and conducts an annual evaluation of the Board's effectiveness with reference to advice from an external third-party organization.
Risk Management
With the Internal Control Promotion Committee (meeting bimonthly), chaired by the President and Representative Director, serving as the core body, the Company identifies, evaluates, and responds to risks based on the
Shareholder Returns
Continuing progressive dividend policy. Annual dividend for FY2025 (ending June 2025) was ¥36 per share (interim ¥18, year-end ¥18). For FY2026 (ending June 2026), annual dividend of ¥40 per share (interim ¥20, year-end ¥20) is forecast, with the interim dividend of ¥20 already paid. Share buybacks can be conducted flexibly based on provisions in the Articles of Incorporation.
Dividend Policy
The company aims for a progressive dividend policy targeting a consolidated payout ratio of 20% or more as a guideline, based on the principle of stable and sustained increases in dividend per share through sustainable profit growth. Dividends are paid twice a year, interim and year-end. The annual dividend forecast for FY2026 (ending June 2026) is ¥40 per share (interim ¥20, year-end ¥20), unchanged from the most recently announced forecast.
ESG
The company has identified nine materiality issues under its sustainability basic policy formulated in June 2022. On climate change, it has conducted scenario analyses under 1.5°C and 4°C scenarios based on TCFD recommendations, and has set targets to reduce GHG emissions (Scope 1+2) by 33% by FY2030 compared to FY2020, and to achieve carbon neutrality by 2050. On the human capital front, the company has been certified as an Excellent Health and Productivity Management Corporation (Large Enterprise Category) for four consecutive years, and has received Gold in the PRIDE Index for six consecutive years. Its CDP Climate Change score is "C" (Awareness level). The company plans to introduce a restricted stock compensation plan linked to the achievement of ESG numerical targets.
Last updated: September 25, 2025