O-WELL CORPORATION
7670・Standard Market・Wholesale Trade
Governance
As a company with an Audit and Supervisory Committee, the company has established a Board of Directors composed of 9 directors (including 4 outside directors), and has strengthened the transparency and oversight functions of management by establishing a voluntary Nomination and Compensation Committee (composed of 3 members, including 2 outside directors), a Compliance Committee, and a Sustainability Committee.
Risk Management
The company has established a company-wide risk management framework overseen by the executive officer in charge of the General Affairs Department. Environmental risks are managed by the Environmental Management Subcommittee under the Sustainability Committee, and risks are identified and prioritized during the annual management review held in November, with the results reported to the Board of Directors, which oversees the process.
Shareholder Returns
The company's basic policy is to pay stable and continuous dividends, distributed twice a year. The annual dividend for FY2026 (ending March 2026) is ¥45 per share (consolidated payout ratio of 25.2%), unchanged from the previous period. For FY2027 (ending March 2027), an annual dividend of ¥45 (forecast payout ratio of 28.3%) is also planned.
Dividend Policy
To achieve sustainable growth and enhance corporate value, the company pays stable and continuous dividends while strengthening its financial structure and securing internal reserves. Dividends are distributed twice a year: an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved at the General Meeting of Shareholders). For FY2026 (ending March 2026), the interim dividend is ¥10 and the year-end dividend is ¥35, for an annual total of ¥45, with a consolidated payout ratio of 25.2% and a dividend-to-net-assets ratio of 2.1%. For FY2027 (ending March 2027), an annual dividend of ¥45 (interim ¥10, year-end ¥35) is also forecast, with an expected payout ratio of 28.3%.
ESG
Under the medium-term management plan "MAP24-26," the Company established a Sustainability Committee (set up in June 2026) as an advisory body to the Board of Directors to consider initiatives toward achieving carbon neutrality by 2050. In addition, it has set a target of raising the ratio of female managers to 13% or higher by March 2030 (the actual figure for the fiscal year under review was 7.5%), and is working to ensure diversity of human resources, their development, and the improvement of the internal working environment.
Last updated: June 22, 2026