MEDIPAL HOLDINGS CORPORATION
7459・Prime Market・Wholesale Trade
Governance
The Board of Directors consists of 12 members (4 outside directors, with an independent outside director ratio of at least one-third) and adopts an audit & supervisory board system. The company has established a voluntary Nomination and Compensation Committee (chaired by an outside director) and a Compliance and Risk Management Committee, working to ensure transparency and soundness.
Risk Management
The company appoints a designated risk management officer in advance and ensures thorough risk management through the establishment of rules and guidelines, training, and manual development. It maintains a system for early detection through continuous monitoring by the Compliance and Risk Management Committee, as well as internal and external whistleblowing contact points.
Shareholder Returns
Annual dividend per share for FY2026 (ending March 2026) is ¥66 (interim ¥32, year-end ¥34), with a consolidated payout ratio of 31.9%. The forecast for FY2027 (ending March 2027) is ¥68. Over the cumulative period of the medium-term vision, the company targets a total shareholder return ratio of 40% (relative to profit before amortization of goodwill and intangible assets), implementing flexible returns combining dividends and share buybacks/retirements.
Dividend Policy
The basic policy is to pay dividends twice a year, an interim and a year-end dividend, aiming to stably maintain and improve the payout ratio relative to profit before amortization of goodwill and intangible assets. Share buybacks and retirements are conducted flexibly. For FY2026 (ending March 2026), the dividend per share is ¥66 (interim ¥32, year-end ¥34), with total dividends of ¥13,530 million and a payout ratio of 31.9%. The forecast for FY2027 (ending March 2027) is ¥68 per share (interim ¥34, year-end ¥34), with a payout ratio of 35.7%. During the current period, expenditure of ¥8,088 million was made for share buybacks.
ESG
The company endorses the TCFD recommendations, targeting a 50% reduction in Scope 1+2 emissions by FY2031 (ending March 2031) (versus FY2021 (ending March 2021)) and carbon neutrality by FY2051 (ending March 2051). In terms of human capital, it has formulated a "Human Capital Strategy Grand Design," targeting a ratio of women in managerial positions of 20% or more and a male childcare leave uptake rate of 100% by FY2031 (ending March 2031); the FY2026 (ending March 2026) results were 10.3% and 74.7%, respectively.
Last updated: June 23, 2026