Hakuto Co.,Ltd.
7433・Prime Market・Wholesale Trade
Governance
Company with an Audit and Supervisory Committee. The Board of Directors consists of 13 members in total: 10 directors (3 of whom are outside directors) plus 3 Audit and Supervisory Committee members, all of whom are outside directors. The voluntary "Nomination and Compensation Committee," established in July 2020, is chaired by an outside director and has a majority of outside directors, and deliberates on nominations, compensation, and succession planning. The executive officer system (introduced in 2015) is used to accelerate decision-making.
Risk Management
The company has established a Risk Management Committee (meeting four times a year), headed by the director in charge of risk management, which selects key risk items, formulates response plans, and monitors progress. Subordinate to this committee are the Inventory Review Subcommittee, the BCM Promotion Subcommittee, and the Climate Change Subcommittee, forming a multi-layered management structure through internal audits by the Internal Control Office and coordination with the Audit and Supervisory Committee.
Shareholder Returns
Based on the mid-term management plan "Hakuto 2028," the company has set a dividend payout ratio target of approximately 70% plus a dividend floor based on a DOE (dividend on equity) of 5%. For FY2026 (ending March 2026), the annual dividend is ¥200 (interim ¥100, year-end ¥100), with a payout ratio of 75.1%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥220 (interim ¥110, year-end ¥110), with a payout ratio of 72.7%. No share buybacks have been confirmed.
Dividend Policy
Under the mid-term management plan "Hakuto 2028" (announced in April 2025), the company aims for stable dividend increases, setting a dividend payout ratio target of approximately 70% in addition to a dividend floor based on a DOE (dividend on equity ratio) of 5%. The annual dividend for FY2026 (ending March 2026) is ¥200 (interim ¥100, year-end ¥100), with a payout ratio of 75.1%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥220 (interim ¥110, year-end ¥110), with a payout ratio of 72.7%. Dividends of surplus are implemented via resolution of the Board of Directors pursuant to Article 459, Paragraph 1 of the Companies Act.
ESG
Endorses the TCFD recommendations and conducts 1.5°C and 4°C scenario analyses. Targets a 50% reduction in Scope 1+2 CO2 emissions by 2030 versus FY2022 levels and carbon neutrality by 2050, with FY2024 results showing a 7.8% reduction versus the base year. On the human capital front, discloses a female manager ratio of 9.8% (FY2030 target: 20%), a male childcare leave uptake rate of 64.7% (target: 85%), and a paid leave utilization rate of 81.3%, while advancing diversity and well-being initiatives such as launching the "Hakuto Women's College" and obtaining Health & Productivity Management Excellent Corporation certification.
Last updated: June 23, 2026