TSURUHA HOLDINGS INC.
3391・Prime Market・Retail Trade
Governance
Company with an Audit and Supervisory Committee. The Board of Directors consists of 9 members (5 outside directors, of whom 5 are independent officers), with an outside director ratio of approximately 55.6%. A voluntary Nomination and Compensation Committee (composed of 5 members, chaired by an independent outside director) has been established, and the executive officer system separates business execution from oversight. Directors' terms of office are one year.
Risk Management
The company has established a Group Risk Management Committee (held twice a year) to identify, analyze, select, and respond to risks. A framework has been put in place to report and make recommendations on identified risks and opportunities to the Group Executive Committee and the Board of Directors. Risks are managed under five categories—physical, human, management, information, and legal violations—and early identification and prompt response are pursued based on the "Risk Management Regulations."
Shareholder Returns
The annual dividend forecast for FY2027 (ending February 2027) is ¥48 per share (¥24 at the second quarter-end and ¥24 at year-end). For FY2026 (ended February 2026), the actual dividend was ¥133.50 at the interim (before the stock split) and ¥23 at year-end. No mention of share buybacks.
Dividend Policy
Dividends are paid twice a year (at the second quarter-end and year-end). The annual dividend forecast for FY2027 (ending February 2027) is ¥48 per share (¥24 at the second quarter-end and ¥24 at year-end). The year-end dividend for FY2026 (ended February 2026) was ¥23 (after the stock split). Note that a 5-for-1 stock split of common shares was carried out effective September 1, 2025; if the stock split is not taken into account, the year-end dividend for FY2026 (ended February 2026) would be ¥115, and the annual dividend would be ¥248.50. There has been no revision from the most recently announced dividend forecast.
ESG
Sustainability promotion is managed centrally through the ESG Promotion Committee, which meets four times a year. On climate change response, the company conducts scenario analysis based on TCFD recommendations, and has set a target for Scope 1+2 emissions of "a 46% reduction in CO2 emissions per store by FY2030 compared to FY2013" (SBT-consistent level). In FY2023, total company-wide Scope 1+2 emissions were 280,392 t-CO2, and total Scope 3 emissions were 3,747,793 t-CO2. In human capital management, the company focuses on three pillars: "talent development," "work environment," and "physical and mental health," and discloses a female manager ratio of 24.3% (FY2030 target: 37.0%) and a male childcare leave uptake rate of 73.8% (FY2030 target: 95.0%).
Last updated: May 21, 2026