TAKARA & COMPANY LTD.
7921・Prime Market・Other Products
Governance
Company with Board of Corporate Auditors. The Board of Directors comprises 7 directors (4 outside directors, 57.1% outside ratio), and the Board of Corporate Auditors comprises 3 auditors (2 outside). The company has established a voluntary Nomination and Compensation Committee (chaired by an outside director), a Sustainability Committee, an Information Security Committee, and a Group Capital Strategy Review Committee. The Board of Directors met 14 times during the year, with a 100% attendance rate for all officers.
Risk Management
The Board of Directors is responsible for building the risk management system, and the General Affairs Department oversees risk management activities. The company has established crisis management regulations, ethics and compliance regulations, and an internal whistleblowing system (Takara Risk Hotline). A BCP has already been formulated. Climate change risk is being examined by the Sustainability Committee and the Executive Committee, and the impact on business is recognized as minimal. The CSR Department is responsible for internal audits and coordinates with the corporate auditors and the accounting auditor.
Shareholder Returns
The annual dividend for FY2026 (ending May 2026) is ¥120 per share (interim ¥60, year-end ¥60), with a consolidated payout ratio of 45.8%. Under the new Medium-Term Management Plan, the policy will shift to "flexible shareholder returns" starting next fiscal year, with an annual dividend of ¥180 (payout ratio 66.4%, DOE 7.6%) planned for FY2027 (ending May 2027). Share buybacks were also conducted (¥255 million in the current fiscal year).
Dividend Policy
Under the new Medium-Term Management Plan 2029, the policy is shifting from the previous "stable dividend" approach to "flexible shareholder returns." The company aims to operate with a payout ratio of 50%–100% and DOE of 7.5% or higher as guidelines. The annual dividend for the current fiscal year (FY2026, ending May 2026) is ¥120 per share (interim ¥60, year-end ¥60), with a consolidated payout ratio of 45.8%. For the next fiscal year (FY2027, ending May 2027), an annual dividend of ¥180 (interim ¥90, year-end ¥90) is planned, with a payout ratio of 66.4% and DOE of 7.6%. The resumption of the shareholder benefit program and share buybacks are also being considered as options.
ESG
The company has identified five materiality issues (accumulation of specialized expertise, deepening of governance, employee well-being, resolution of environmental issues, and co-prosperity with stakeholders) and is advancing its 2030 Action Plan. It references the TCFD recommendations and responds to the CDP questionnaire. As human capital indicators, it discloses a 18.6% ratio of female managers, a 100% male childcare leave utilization rate, a 71.4% gender pay gap, and a 66.3% paid leave utilization rate (target values are to be set going forward).
Last updated: August 20, 2025