KOURAKUEN CORPORATION
7554・Prime Market・Retail Trade
Governance
Company with a Board of Corporate Auditors. The Board of Directors meets at least once per month (14 times in the fiscal year under review), and 3 outside directors and 3 outside corporate auditors are in office. A Sustainability Committee chaired by the Representative Director has also been established. The company continues to maintain takeover defense measures (targeting large-scale acquisitions of 20% or more, effective through June 2027).
Risk Management
Under this framework, each responsible department identifies and assesses risks and reports to the responsible director, with deliberation by the Management Meeting and the Board of Directors as needed. Sustainability-related risks such as climate change are examined by subcommittees under the Sustainability Committee and reported to the Committee and the Board of Directors. The Internal Audit Office is responsible for internal controls, and the company has established advisory agreements with law firms and cooperative arrangements with Ernst & Young ShinNihon LLC.
Shareholder Returns
For FY2026 (ending March 2026), a year-end dividend of ¥10 (¥10 annually) was implemented, with a payout ratio of 16.5%. For FY2027 (ending March 2027), the company plans to increase dividends to ¥7.50 at interim and ¥7.50 at year-end, ¥15 annually (payout ratio forecast of 22.9%). No share buybacks were conducted during the fiscal year under review.
Dividend Policy
The basic policy is to pay dividends from retained earnings twice a year (interim and year-end), with the dividend decision made by the Board of Directors. For FY2026 (ending March 2026), a year-end dividend of ¥10 (¥10 annually, payout ratio of 16.5%, total dividend amount of ¥191 million) was implemented. For FY2027 (ending March 2027), an interim dividend of ¥7.50 and a year-end dividend of ¥7.50, totaling ¥15 annually (payout ratio of 22.9%), is forecast. No specific target figure for the payout ratio is stated.
ESG
The company has established a Sustainability Committee chaired by the Representative Director, and is working toward numerical targets in the areas of environment, diversity, and social contribution, including CO2 emission reduction (target for FY2028 (ending March 2028): 1.09 t-CO2 per ¥ million in sales), a ratio of women in managerial positions of 20% or more (progress as of end-March 2026: 18.7%), a male childcare leave uptake rate of 100% (same: 40%), and achieving support for 100 children's cafeteria facilities.
Last updated: June 17, 2026