Hakudo Co.,Ltd.
7637・Prime Market・Wholesale Trade
Governance
The company operates as a company with an Audit and Supervisory Committee, with a board of 9 directors, including 5 outside directors (outside director ratio of approximately 56%). It has established a voluntary Nomination and Compensation Advisory Committee (composed of 5 outside directors) to ensure transparency and objectivity.
Risk Management
The company has established risk management regulations, crisis management regulations, and other policies, and holds regular meetings of the Risk Management Committee. The ESG/SDGs Management Committee deliberates on and evaluates sustainability-related risks, and a framework has been established in which the Board of Directors provides oversight through the Management Committee.
Shareholder Returns
Policy is to pay dividends at whichever is higher: a payout ratio of 45% or an annual dividend of ¥80 per share. Annual dividend for the current period is ¥86 per share (interim ¥28 plus year-end ¥58), with a payout ratio of 45.4%. Next period's annual dividend is planned at ¥128 (interim ¥64 plus year-end ¥64). No share buybacks were conducted.
Dividend Policy
The basic policy is to strengthen the financial base while distributing results supported by business performance, and in principle to pay dividends at whichever is higher: a full-year payout ratio of 45% or an annual dividend of ¥80 per share. For the current period (FY2026, ending March 2026), the interim dividend is ¥28 per share and the year-end dividend is ¥58 per share, for an annual total of ¥86 (payout ratio 45.4%, total dividends of ¥975 million). For the next period (FY2027, ending March 2027), an interim dividend of ¥64 and a year-end dividend of ¥64 are planned, for an annual total of ¥128 (expected payout ratio of 45.2%).
ESG
In its climate change response based on the TCFD recommendations, the company achieved a 50% reduction in CO₂ emissions in FY2025 compared to FY2020, and has set targets of a 90% reduction by FY2030 and carbon neutrality by 2050. In terms of human capital, the company is promoting multifaceted ESG initiatives, including improving employee satisfaction, promoting diversity, obtaining Certified Health & Productivity Management Organization Recognition, and conducting human rights due diligence.
Last updated: June 23, 2026