Axial Retailing Inc.
8255・Prime Market・Retail Trade
Governance
A company with a Board of Corporate Auditors (holding company structure). The Board of Directors consists of 9 directors (including 3 outside directors), and the Board of Corporate Auditors consists of 4 auditors (including 2 outside auditors), with an executive officer system (12 officers) in place. Voluntary nomination and compensation committees have been established to ensure fairness.
Risk Management
The Risk Management Committee (chaired by the CFO and composed of executives from each group company) meets once every two months to identify, assess, and formulate countermeasures for management risks. It collaborates with the Compliance Committee, the Internal Control Development Committee, and the Business Audit Office to build a risk management framework across the entire group.
Shareholder Returns
The target payout ratio is approximately 30% of consolidated EPS, and a progressive dividend policy will be adopted for the five years from FY2027 (ending March 2027) onward. The annual dividend for the 75th fiscal period was ¥29 (interim ¥13, year-end ¥16), with a consolidated payout ratio of 29.2%. Share buybacks were also conducted, resulting in a total return ratio of 43.2% for the 75th fiscal period.
Dividend Policy
Dividends are paid in line with business performance, with a target of approximately 30% of consolidated earnings per share. In principle, dividends are paid twice a year: an interim dividend (resolved by the Board of Directors) and a year-end dividend (resolved at the General Meeting of Shareholders). Based on the concept of progressive dividends, for the five years from FY2027 (ending March 2027) onward, the company will, in principle, "maintain or increase the dividend relative to the previous fiscal year's level (excluding commemorative dividends, etc.)." The annual dividend per share for the 75th fiscal period (FY2026, ending March 2026) was ¥29 (interim ¥13, year-end ¥16), with a consolidated payout ratio of 29.2%. For FY2027 (ending March 2027), the annual dividend forecast is ¥29 (interim ¥13, year-end ¥16), with a projected consolidated payout ratio of 32.1%.
ESG
Under ISO14001 certification, the company set environmental targets including GHG emissions reduction, food waste reduction, and construction of ZEB Ready stores, and has largely achieved them. In human capital, the company achieved a male childcare leave uptake rate of 85.7% (exceeding the 75% target) and a turnover rate of 4.0% (achieving the target of within 5%), while the proportion of female managers at 7.7% (target: 15%) and overtime hours of 23.3 hours (target: 20 hours) remain unmet, with improvement efforts continuing toward the March 2028 deadline.
Last updated: June 23, 2026