JOYFUL HONDA CO.,LTD.
3191・Prime Market・Retail Trade
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 5 members (including 3 outside directors, an outside ratio of 60%), and all 3 corporate auditors are outside auditors. A voluntary Nomination Committee and Compensation Committee have been established, each chaired by an outside director. The Board of Directors met 14 times during the fiscal year under review, with an attendance rate of 100% among all directors.
Risk Management
The company has established the "Risk Management Regulations," "Crisis Management Regulations," and "Emergency Response Manual," with the Risk Management Department taking the lead in creating and managing a risk matrix. The Risk and Compliance Committee, chaired by the President, meets regularly, and in July 2024 a Central Health and Safety Committee was newly established as a subcommittee. Sustainability risks are addressed in coordination with the GX Promotion Team and the Sustainability Committee, with a system in place to report to the Board of Directors on a quarterly basis.
Shareholder Returns
The forecasted annual dividend for FY2026 (ending June 2026) is ¥84 per share (interim ¥42 already paid, year-end ¥42 planned). This represents a substantial increase from the prior period's ¥64 (including a ¥5 commemorative dividend). Share buybacks can be conducted flexibly under provisions in the Articles of Incorporation.
Dividend Policy
The company continues a progressive dividend policy aligned with sustainable profit growth, targeting a DOE of 2.5%. The basic policy is to pay dividends twice a year (interim and year-end), and the Articles of Incorporation stipulate that dividends of surplus may be determined by resolution of the Board of Directors. For FY2026 (ending June 2026), an interim dividend of ¥42 has already been paid, and a year-end dividend of ¥42 is planned, for a forecasted annual total of ¥84 (an increase from ¥64 in the prior period, which included a ¥5 commemorative dividend for the company's 50th anniversary). There is no revision to the earnings forecast.
ESG
In its climate change response, the company endorses the TCFD recommendations and achieved a 57.6% reduction in Scope 1+2 GHG emissions in FY2025 versus the FY2013 level (achieving the target ahead of schedule). It has set new targets of a 70% reduction by FY2030 and carbon neutrality by FY2040. In terms of human capital, it discloses a female manager ratio of 4.7% (target: 7% or higher by FY2028), a male childcare leave uptake rate of 63.1% (target: 75% or higher by FY2028), and an employee engagement affirmation rate of 42.0% (target: 50% or higher by FY2028). It has implemented various initiatives, including establishing a Diversity Promotion Committee, obtaining Kurumin certification, and introducing a scholarship repayment support program.
Last updated: September 16, 2025