Mavvalu tokai co., Ltd.
8198・Standard Market・Retail Trade
Governance
Company with a Board of Corporate Auditors. Composed of 7 directors (3 outside) and 4 corporate auditors (3 outside). Three outside directors and one outside corporate auditor are designated as independent officers. An executive officer system has been introduced, and the Board of Directors meets 18 times per year. The establishment of a nomination committee or compensation committee is not confirmed in the annual securities report.
Risk Management
Based on the Risk Management Regulations, the General Affairs Department oversees cross-organizational risk management, and a Risk Management Committee has been established to build a system for comprehensively identifying risks. In the event of an emergency, a task force headed by the Representative Director and President is established, and the internal audit department regularly audits the risk management status of each department and reports to the Board of Directors and the Board of Corporate Auditors. A Compliance Supervisory Committee has been established, with the Executive Officer in charge of Compliance overseeing a company-wide cross-organizational system.
Shareholder Returns
Continuing a stable return policy with a payout ratio target of around 30%. For FY2026 (ending February 2026), a dividend of ¥85 per share (year-end lump-sum payment, total dividends of ¥2,710 million) was implemented. For FY2027 (ending February 2027), an annual dividend of ¥85 (year-end ¥85) is forecast, unchanged from the previous period. Share buybacks can be flexibly implemented under the Articles of Incorporation.
Dividend Policy
The payout ratio target is set at around 30%. Dividends are implemented reflecting business performance while taking into account the growth strategy, capital expenditure plans, free cash flow conditions, and other factors. The basic policy is to pay a year-end dividend once a year, and the Articles of Incorporation stipulate that dividends of surplus may be determined by resolution of the Board of Directors. The FY2026 (ending February 2026) actual result was ¥85 per share (total dividends of ¥2,710 million). The FY2027 (ending February 2027) forecast is unchanged, with ¥0 at the second quarter-end and ¥85 at year-end, totaling ¥85.
ESG
Since 2023, the company has promoted sustainability management, setting the
Last updated: May 18, 2026