DUSKIN CO., LTD.
4665・Prime Market・Services
Governance
The company adopts a governance structure with a Board of Corporate Auditors, comprising 9 directors in total: 6 internal directors and 3 outside directors (all of whom are independent officers). The Board of Directors held 17 meetings in FY2026 (ending March 2026). The company has established advisory bodies including a Nomination and Compensation Committee (chaired by an outside director), a Sustainability Committee, a Risk Management Committee, a Compliance Committee, and an Outside Officers' Meeting, aiming to enhance the effectiveness of governance.
Risk Management
The company has established a Risk Management Committee (held 4 times in FY2026 (ending March 2026)) as an advisory body to the Board of Directors, based on the "Basic Regulations for Risk Management," with the Quality Assurance & Risk Management Department (Risk Management Office) serving as the secretariat. It has developed a framework for setting up a Disaster Response Headquarters and a Crisis Response Headquarters in the event of natural disasters or crises, and requires timely reporting to the Audit & Supervisory Board Members. Regarding climate change, the company has identified three priority risks—rising agricultural product prices, flooding, and carbon taxes—and formulated response policies based on scenario analysis.
Shareholder Returns
Dividend policy is the higher of a consolidated payout ratio of 60% or a DOE of 3.0%. For FY2026 (ending March 2026), the annual dividend is ¥118 (interim ¥50, year-end ¥68), with a payout ratio of 60.4%. The FY2027 (ending March 2027) forecast is an annual dividend of ¥125 (interim ¥55, year-end ¥70), targeting a payout ratio of 60.0%. Share buybacks in the current period were minor at ¥2 million.
Dividend Policy
During the period of the "Medium-Term Management Policy 2028" (FY2026 (ending March 2026) to FY2028 (ending March 2028)), the policy is to pay dividends each period at the higher of a consolidated payout ratio of 60% or a dividend on equity (DOE) of 3.0%. Dividends are paid twice a year (interim and year-end). FY2026 (ending March 2026) actual results: interim ¥50, year-end ¥68 (annual ¥118), total dividends of ¥5,561 million, payout ratio of 60.4%, and dividend on net assets ratio of 3.5%. FY2027 (ending March 2027) forecast: interim ¥55, year-end ¥70 (annual ¥125), targeting a payout ratio of 60.0%.
ESG
The company supports the TCFD recommendations and positions climate change response as a priority issue. In FY2026 (ending March 2026), CO2 emissions (Scope 1+2, market-based) were 23.9 thousand t-CO2, a 39.2% reduction from the base year, and the renewable energy utilization rate reached 54.9%, achieving the target (50%). In terms of human capital, the company has set and disclosed multifaceted KPIs, including a female manager ratio of 17.3% (target: 30%), annual training hours per person of 19.8 hours (target: 20 hours or more), and certification of 28 subsidiaries as Excellent Health Management Corporations, and continued inclusion in ESG index constituents adopted by GPIF has also been confirmed.
Last updated: June 18, 2026