Iceco Inc.
7698・Standard Market・Wholesale Trade
Governance
The company is a company with an audit and supervisory committee, comprising 7 directors (including 3 outside directors, all of whom serve on the audit and supervisory committee). The Board of Directors met 14 times per year, with all directors attending every meeting. The company has also established a Nomination and Compensation Committee, and maintains a multi-layered governance structure, including monthly meetings of the Compliance Committee and Management Committee.
Risk Management
Based on the Risk Management Regulations, the Compliance Committee formulates risk assessments and response plans, which are monitored on a monthly basis. Reports are submitted to the Board of Directors semi-annually, at which time re-evaluations are conducted. A tripartite audit liaison meeting comprising the Internal Audit Office, the Audit and Supervisory Committee, and the accounting auditor (PwC Japan) is also held regularly, with efforts made toward the early detection of potential risks.
Shareholder Returns
Basic policy of stable dividends and continuation of shareholder benefit programs, with returns determined by comprehensively considering business performance, retained earnings, and financial soundness. For FY2026 (ending March 2026), interim dividend of ¥10 and year-end dividend of ¥10 (annual total ¥20), with a payout ratio of 20.9%. For FY2027 (ending March 2027), an annual dividend of ¥21 (interim ¥11, year-end ¥10) is planned.
Dividend Policy
The basic policy is to continue stable dividends and shareholder benefit programs while comprehensively considering business performance, future business development, improvement of profitability, and retained earnings for strengthening the financial structure. Dividends are paid twice a year, an interim dividend (record date: September 30) and a year-end dividend. For FY2026 (ending March 2026), the interim dividend is ¥10 and the year-end dividend is ¥10 (annual total ¥20), with a payout ratio of 20.9% and total dividends of ¥78 million. For FY2027 (ending March 2027), an interim dividend of ¥11 and a year-end dividend of ¥10 (annual total ¥21) are planned, with an expected payout ratio of 16.9%. Note that a stock split at a ratio of 2 shares for every 1 share of common stock was carried out effective October 1, 2024.
ESG
On the environmental front, the company contributes to food loss reduction through frozen food sales and works to reduce CO2 emissions by installing solar panels on its own frozen warehouses. In terms of human capital, the company has set a target female employee ratio of 30% (actual result of 24.9% at the end of FY2026 (ending March 2026)), and is promoting diversity initiatives such as expanding shortened working hours and telework arrangements.
Last updated: June 23, 2026