SUMINOE Co., Ltd.
3501・Prime Market・Textiles & Apparels
Governance
Company with a Board of Corporate Auditors. Composed of 8 directors (of which 4 are outside directors) and 3 corporate auditors (of which 2 are outside corporate auditors). A voluntary Nomination and Compensation Committee was established in July 2019 to enhance the transparency and objectivity of the Board of Directors. An executive officer system has been introduced to separate decision-making from business execution.
Risk Management
A structure in which risks and opportunities are identified and assessed by each subcommittee under the CSR Promotion Committee, reported to the CSR and Internal Control Council (Management Meeting), and overseen by the Board of Directors. The Compliance and Risk Management Subcommittee has overall control, while the CSR Promotion Office, as a dedicated organization, supports the establishment of rules, training, and manual development. A Corporate Ethics Hotline (two lines: an internal contact point and an external attorney contact point) has been established to maintain an internal whistleblowing system.
Shareholder Returns
Dividends are paid twice a year. The annual dividend for FY2026 (ending May 2026) is ¥40 (interim ¥21.50 + year-end ¥18.50), with total dividends of ¥530 million. For FY2027 (ending May 2027), an annual dividend of ¥42 (interim and year-end ¥21 each) is forecast, with a target payout ratio of 38.4%. A new shareholder benefit reserve of ¥64 million has been recorded.
Dividend Policy
The basic policy is stable shareholder returns and continued expansion of returns, with dividends paid twice a year through interim and year-end dividends. The annual dividend for FY2026 (ending May 2026) is ¥40 (interim ¥21.50 + year-end ¥18.50), with total dividends of ¥530 million. The forecast for FY2027 (ending May 2027) is an annual dividend of ¥42 (interim and year-end ¥21 each), with a payout ratio of 38.4%. Note that for the current period, due to a net loss attributable to owners of the parent of ¥340 million, the (consolidated) payout ratio cannot be calculated.
ESG
The company endorsed the TCFD recommendations (July 2022) and has set a target of reducing Scope 1 and 2 CO2 emissions by 35% by FY2030 (per unit of net sales) compared to FY2013 levels. In FY2024, the company achieved a 2.0% reduction against a target of 1.0% reduction. On the human capital front, the company has been certified as an "Excellent Enterprise of Health Management" for two consecutive years, achieved a 100% male childcare leave take-up rate (at the reporting company), and a 36.0% ratio of female new graduate hires. In June 2024, the company established Sustainable Procurement Guidelines and rolled them out to 432 suppliers (consent agreement conclusion rate of 80.6%, questionnaire response rate of 81.7%). The company has identified 6 materiality issues and has set and is monitoring KPIs across the E, S, and G domains.
Last updated: August 27, 2025