M-mart Inc.
4380・Growth Market・Information & Communication
Governance
Company with a Board of Corporate Auditors. Composed of 4 directors (including 1 outside director, designated as an independent officer) and 3 corporate auditors (including 2 outside corporate auditors, designated as independent officers). The outside director ratio is 25%. No nomination committee or compensation committee has been established. During the fiscal year under review, the Board of Directors met 13 times, with all officers achieving 100% attendance. The accounting auditor is Deloitte Touche Tohmatsu LLC.
Risk Management
The company has established a Risk Management Committee (chaired by the Representative Director) based on its Crisis Management Regulations and Risk Management Regulations, providing unified management of compliance, business risk, and sustainability-related risks. The Internal Audit Department (with one dedicated staff member), reporting directly to the Representative Director, conducts on-site audits of each business division and works closely with the Audit & Supervisory Board Members. The company has also established external feedback channels, such as a personal information consultation desk, and has built a system to report monitoring results to the Board of Directors.
Shareholder Returns
For FY2026 (ending January 2026), a year-end dividend of ¥25 per share was paid. For FY2027 (ending January 2027), a dividend of ¥13 per share (equivalent to ¥26 per share before the split) is planned on a post-split basis (1 share → 2 shares, effective date August 1, 2026), representing a substantive dividend increase of ¥1. No disclosure of share buybacks.
Dividend Policy
Dividends are determined giving priority to strengthening internal reserves and financial soundness and to investment in new businesses, while taking into account financial position, changes in cash and deposits, earnings forecasts, and other factors. The basic policy is to pay dividends once a year at fiscal year-end, though interim dividends are also permitted under the Articles of Incorporation. For FY2026 (ending January 2026), the actual dividend was ¥25 per share; for FY2027 (ending January 2027), the forecast on a post-split basis (1 share → 2 shares, effective date August 1, 2026) is ¥0 at the second-quarter end and ¥13 at fiscal year-end, for a total of ¥13 (equivalent to ¥26 before the split). No numerical target for the payout ratio has been disclosed.
ESG
The company positions its core sustainability commitment as contributing to the revitalization of primary industries such as agriculture and fisheries, as well as reducing food waste and addressing labor shortages, through the operation of its food and foodstuffs E-Marketplace. In terms of human capital, the company promotes diverse hiring centered on mid-career recruitment regardless of nationality, gender, or age; women account for approximately 25% of management positions, and mid-career hires make up 100% of recruitment. The company thoroughly enforces zero overtime and zero holiday work to achieve work-life balance, and manages employee health through stress checks. No quantitative indicators or targets related to climate change are disclosed.
Last updated: April 23, 2026