TOWA FOOD SERVICE CO.,LTD
3329・Standard Market・Retail Trade
Governance
Company with an Audit and Supervisory Committee. The Board of Directors consists of 7 members (4 executive directors and 3 Audit and Supervisory Committee members), including 2 outside directors (Ruishiro Ninomiya and Masahiro Koshiishi), both registered as independent officers. A voluntary Nomination and Compensation Committee has been established, meeting four times per year. The outside director ratio is approximately 28.6% (2 of 7 members).
Risk Management
The President and Representative Director shares and communicates risks with department heads through the management policy set at the beginning of the fiscal year, adopting a system to disseminate them to each department. In response to risks such as rising food ingredient prices, labor shortages, and information security, the responsible directors and executive officers prepare countermeasures, while also establishing an internal whistleblowing system, an advisory contract with a law firm, and a reporting system to the Board of Directors by the Compliance Supervision Department.
Shareholder Returns
The basic policy is to maintain stable dividends. For FY2026 (ending April 2026), the annual dividend is ¥22 per share (interim ¥10, year-end ¥12), with a payout ratio of 23.6%. The forecast for FY2027 (ending April 2027) is an annual dividend of ¥20 per share (interim ¥10, year-end ¥10), with a payout ratio of 28.3%. No share buybacks have been conducted.
Dividend Policy
The basic policy is to continue stable dividends while strengthening the management base and improving the equity ratio. Dividends are paid in principle twice a year, as an interim dividend and a year-end dividend, determined by resolution of the Board of Directors. For FY2026 (ending April 2026), the actual annual dividend was ¥22 per share (interim ¥10, year-end ¥12), with a payout ratio of 23.6% and total dividends of ¥177 million. The forecast for FY2027 (ending April 2027) is an annual dividend of ¥20 per share (interim ¥10, year-end ¥10), with a payout ratio of 28.3%.
ESG
The company is working on reducing CO2 emissions through feed and power-generation recycling of food waste (6.5 tons of fresh noodle scraps and 6.0 tons of animal and plant residue) and the use of 1.1 tons of waste oil for SAF (Sustainable Aviation Fuel). On the human capital side, the company has set targets of 15% female representation in management positions (goal for June 2026), 120 annual holidays, and average monthly overtime of 15 hours, and is promoting improved cast retention, expanded employee benefits, and DX initiatives.
Last updated: July 25, 2025