e'grand Co.,Ltd
3294・Standard Market・Real Estate
Governance
The company has an Audit and Supervisory Committee structure. The board consists of 8 directors (including 4 Audit and Supervisory Committee members and 3 outside directors). The outside Audit and Supervisory Committee members include two lawyers and one certified public accountant. The board of directors met 23 times during the fiscal year under review, with all members maintaining an attendance rate of 95.7% or higher. No nomination committee or compensation committee has been established.
Risk Management
A risk management framework has been established based on the "Crisis Management Regulations," with a Risk Management Committee to be set up as necessary. The risk of failure to acquire and develop human resources and the risk of workplace environment deterioration due to harassment and other factors have been identified as key sustainability risks, and efforts are being made to mitigate them in collaboration with related departments, centered on the HR department. A framework has been established in which the Internal Audit Department, the Audit and Supervisory Committee, and the accounting auditor collaborate through three-way audits.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥46 per share (year-end dividend of ¥46 only, no interim dividend), with total dividends of ¥280 million. Following the company's endorsement of the tender offer by Seibu Real Estate Co., Ltd., and given the planned delisting after completion of a series of procedures, no dividend forecast has been provided for FY2027 (ending March 2027).
Dividend Policy
The annual dividend for FY2026 (ending March 2026) is ¥46 per share (no dividend at the end of Q1, Q2, or Q3; year-end dividend of ¥46), with total dividends of ¥280 million and a dividend-to-net-assets ratio of 2.3%. As stated in the "Notice Regarding Statement of Opinion in Support of and Recommendation to Tender for the Tender Offer for the Company's Shares by Seibu Real Estate Co., Ltd." announced on March 31, 2026, the company is scheduled to become a wholly owned subsidiary of Seibu Real Estate Co., Ltd. and be delisted following a series of procedures. Accordingly, the company will not pay a year-end dividend, and no dividend forecast has been provided for FY2027 (ending March 2027).
ESG
The company positions its contribution to society through the used home renovation business as the foundation of its sustainability approach. In human capital, it has set targets including a year-on-year increase of at least 5% in the ratio of female regular employees, promotion of female employees to management positions (at least 1 person), and continued acquisition of Certified Health & Productivity Management Organization Recognition. It has introduced a flextime system, conducts regular compliance and harassment prevention training, and has established a support system for employees obtaining qualifications such as the Real Estate Notary (Takken) license. The rate of male employees taking childcare leave was 83.3%. No quantitative disclosure regarding climate change was confirmed in the securities report.
Last updated: June 25, 2025