Orion Breweries, Ltd.
409A・Prime Market・Foods
Governance
As a company with a Board of Corporate Auditors, the Board of Directors consists of 7 directors (of which 6 are outside directors), with an outside director ratio of approximately 86%. The company separates supervision and execution through an executive officer system, and has established a voluntary nomination committee and compensation committee to ensure governance transparency.
Risk Management
The Risk Management and Compliance Committee, chaired by the President and Representative Director, meets once per quarter to comprehensively manage risks related to legal affairs, finance, information security, quality, environment, supply chain, disasters, and other areas. The Audit & Supervisory Board Members and the General Manager of the Internal Audit Office oversee the identification, evaluation, and response planning processes from an independent standpoint.
Shareholder Returns
Annual dividend for FY2026 (ending March 2026) is ¥44 per share (total dividends of ¥1,830 million, payout ratio of 49.7%). FY2027 (ending March 2027) dividend is forecast at ¥34 per share (payout ratio of 50.2%). The DOE target has been raised from 7.5% to 8.0%. The company will conduct share buybacks (upper limit of 425,000 shares / ¥550 million), and total shareholder returns for FY2027 (ending March 2027) are expected to reach ¥2,021 million.
Dividend Policy
Based on profit attributable to owners of parent, the dividend amount for each fiscal period will be set at whichever is higher between a "payout ratio of 50%" and a "DOE (dividend on equity) of 8.0%" (the DOE target has been raised from the previous 7.5% to 8.0% starting FY2027 (ending March 2027)). Dividends are paid twice a year, at the interim and year-end. The company aims to enhance shareholder returns through total returns including share buybacks.
ESG
The company has established five materialities: "Coexistence with Okinawa's Nature," "Development of Okinawa and the Local Community," "Responsibility to Customers," "Empowerment of Diverse Human Resources," and "Governance." It is advancing initiatives such as a target to reduce GHG emissions by 50% by FY2030 compared to FY2019, TCFD disclosure, continuation of zero emissions at the Nago Plant, and formulation of a human rights policy and DE&I commitments. The Sustainability Committee, established in 2023 and led by the CEO, manages these efforts across the entire company, with oversight provided by the Board of Directors.
Last updated: June 18, 2026