Y.S.FOOD CO.,LTD.
3358・Standard Market・Retail Trade
Governance
Following the ordinary general meeting of shareholders in June 2026, the company will transition to a company with an audit and supervisory committee. After the transition, the board of directors will consist of 8 members (4 outside directors, 50% outside ratio), and the audit and supervisory committee will be composed entirely of 4 outside directors. During the fiscal year under review (prior to the transition), the company operated under a board of corporate auditors system with 6 directors (2 of whom were outside directors).
Risk Management
The President and Representative Director oversees company-wide risk management, with a promotion officer assigned to each department. A promotion committee is convened as needed to discuss and evaluate risk reduction measures, with results reported to the Board of Directors under this established framework. Risks such as climate change, natural disasters, surging raw material prices, and energy price fluctuations are monitored on a regular basis, including through the Compliance Committee.
Shareholder Returns
FY2026 (ending March 2026) is the first fiscal year on a consolidated basis, and the company continues to pay no dividend. Dividend payments are expected to resume from FY2027 (ending March 2027) (annual dividend of ¥2: ¥1 interim, ¥1 year-end). This is premised on the elimination of the retained earnings deficit through a reduction of capital surplus, with a projected payout ratio of 143.2%. There is no mention of share buybacks.
Dividend Policy
In consideration of negative retained earnings (¥-639 million) in FY2026 (ending March 2026), the company will pay no dividend (annual dividend of ¥0). Dividend payments are expected to resume from FY2027 (ending March 2027). Premised on the elimination of the deficit through a reduction of capital surplus, to be resolved at the shareholders' meeting on June 26, 2026, the company projects an interim dividend of ¥1 (record date end of September 2026) and a year-end dividend of ¥1 (record date end of March 2027), for an annual dividend of ¥2. The projected payout ratio is 143.2%. Over the medium term, the company aims to establish a profit base capable of sustaining stable dividend payments. Under the Articles of Incorporation, interim dividends may also be paid by resolution of the Board of Directors.
ESG
The President and Representative Director serves as top management for the environmental management system in accordance with ISO 22000, overseeing environmental activities including climate change response. Environmental initiatives implemented include reducing food waste loss, LPG reduction through the use of concentrated soup (109.4% year-on-year increase in shipments), and converting waste oil into biodiesel fuel (approximately 8.7 tons annually). Indicators and targets related to human capital have not yet been established.
Last updated: July 13, 2026