Joshin Denki Co.,Ltd.
8173・Prime Market・Retail Trade
Governance
In June 2025, the company transitioned from a company with a board of corporate auditors to a company with an audit and supervisory committee. The board of directors consists of 8 members (including 6 outside directors), and the company has strengthened its governance structure by establishing an Audit and Supervisory Committee, a Nomination and Compensation Committee, and a Board Evaluation Committee, all composed solely of independent outside directors.
Risk Management
The company has established a Risk Management Committee chaired by the Representative Director and President & Executive Officer, which coordinates with subordinate organizations such as the Compliance Subcommittee, Internal Control Subcommittee, Information Security Subcommittee, and BCMS Promotion Subcommittee to build a framework for identifying, assessing, and managing risks across the group. It also coordinates with the Sustainability Committee to manage ESG risks such as climate change and human rights in an integrated manner.
Shareholder Returns
Maintained annual dividend of ¥100 (interim ¥50, year-end ¥50), total dividend payout of ¥2,654 million. Dividend payout ratio for FY2026 (ending March 2026) was 78.9%. Annual dividend of ¥100 forecast for FY2027 (ending March 2027) as well. Share buybacks for the current fiscal year were nearly zero (¥0 million).
Dividend Policy
The basic policy is to continue stable dividends while giving consideration to the balance between business performance and dividends versus internal reserves. The annual dividend for FY2026 (ending March 2026) is ¥100 per share (interim ¥50, year-end ¥50), with total dividends of ¥2,654 million (payout ratio of 78.9%, dividend on equity ratio of 2.5%). For FY2027 (ending March 2027), an annual dividend of ¥100 per share (interim ¥50, year-end ¥50) is also forecast. Note that total dividends include ¥66 million in dividends paid to the trust account for officer and employee stock delivery.
ESG
Endorses the TCFD recommendations and has achieved an A score in the CDP Climate Change program for three consecutive years. Scope 1+2 GHG emissions were reduced by 35.0% compared to FY2021 (FY2025 actual results), with targets of a 42% reduction by 2030 and net zero by 2050. In terms of human capital, the company is advancing multifaceted ESG initiatives, including a male childcare leave utilization rate of 98.4%, formulation of a D&I promotion roadmap, and implementation of human rights due diligence.
Last updated: June 23, 2026