Mr Max Holdings Ltd.
8203・Prime Market・Retail Trade
Governance
A company with an audit and supervisory committee (adopting an executive officer system based on delegation). The Board of Directors consists of 6 members, with independent outside directors holding a majority (3 members), and a Nomination and Compensation Advisory Committee has been established. An annual Board of Directors effectiveness evaluation is conducted with outsourcing to a third-party organization, and for FY2025 (ending February 2025), a positive evaluation rate of over 75% was confirmed.
Risk Management
The Compliance Committee, headed by the Representative Director and President as chief officer, is responsible for the risk management function. Risks are classified into four categories—operational, hazard, strategic, and governance—and prioritized using a risk heat map. The company has established a continuous improvement process based on the PDCA cycle and an all-hazard BCP, along with a structure for timely reporting to the Board of Directors.
Shareholder Returns
Basic policy of a single year-end dividend targeting a payout ratio of around 30%. The annual dividend forecast for FY2027 (ending February 2027) is ¥29 per share (an increase of ¥2 from the FY2026 (ending February 2026) actual of ¥27). The articles of incorporation provide that share buybacks can be executed flexibly by resolution of the Board of Directors.
Dividend Policy
Targeting a payout ratio of around 30%, a single year-end dividend is implemented based on the profit amount calculated by deducting temporary gains/losses such as impairment losses (net of tax expense) from profit attributable to owners of parent. The FY2026 (ending February 2026) actual dividend per share was ¥27 (¥0 at the second quarter-end, ¥27 at year-end), and the FY2027 (ending February 2027) forecast dividend per share is ¥29 (¥0 at the second quarter-end, ¥29 at year-end). Dividends of surplus can be implemented by resolution of the Board of Directors (as stipulated in the articles of incorporation).
ESG
The company conducted 4°C and 1.5°C scenario analyses based on TCFD guidelines, setting targets of a 50% reduction in Scope 1+2 CO₂ emissions by 2030 versus the 2013 baseline and carbon neutrality by 2050 (FY2025 (ended February 2025) results: Scope 1+2 total of 38,554.4t-CO₂, up 115.2% year on year). In terms of human capital, the company has set 2030 targets of a 5.5% regular employee turnover rate and a 20% ratio of female managers, and has achieved a 100% male childcare leave uptake rate (at the reporting company). The company has identified seven materiality items and is working on resource conservation, local community infrastructure, diverse talent development, product safety, supply chain strengthening, and other initiatives.
Last updated: May 20, 2026