JAFCO Group Co., Ltd.
8595・Prime Market・Securities & Commodity Futures
Governance
As a company with an Audit and Supervisory Committee, the Board of Directors consists of 8 directors (2 internal, 6 independent outside directors), with independent outside directors accounting for 75% of the Board. A Nomination and Compensation Committee (comprising 6 independent outside directors plus the President, totaling 7 members) has been established to ensure transparency and objectivity in the nomination and compensation of officers.
Risk Management
The Investment Committee (composed of the President & Representative Director, partners, etc., held in principle on a weekly basis) deliberates on investment decisions, including ESG risks, and the Internal Audit Office periodically audits compliance and risk management status at each department, reporting to the Board of Directors and the Audit and Supervisory Committee. Sustainability checks on portfolio companies are conducted semi-annually, and overall portfolio risk is identified and reviewed once per quarter.
Shareholder Returns
Policy of setting the annual dividend at whichever is larger between DOE of 6% or a payout ratio of 50%. For FY2026 (ending March 2026), the annual dividend per share is ¥133 (interim ¥66.5 + year-end ¥66.5), with a payout ratio of 107.6% and a total amount of ¥7,015 million. This was determined because DOE of 6% (¥133) exceeded a payout ratio of 50% (¥62). The same amount (¥133) is planned as the minimum for FY2027 (ending March 2027) as well. Share buybacks are also being continued (¥5,012 million spent in the current fiscal year).
Dividend Policy
The annual dividend amount is set at whichever is larger between DOE (ratio of annual dividend amount to shareholders' equity at the end of the previous fiscal year) of 6% and a payout ratio of 50%. For FY2026 (ending March 2026), since DOE of 6% (¥133 per share), based on consolidated shareholders' equity at the end of the previous fiscal year, exceeded a payout ratio of 50% (¥62 per share), an annual dividend of ¥133 per share (interim ¥66.5 + year-end ¥66.5) was implemented. From the following fiscal year onward, the amount will be determined based on non-consolidated financial results figures. In addition, there is no change to the policy of considering share buybacks for cash and deposits exceeding necessary funds.
ESG
In June 2023, the company formulated its "Basic Policy on Sustainability," and has since expressed support for the TCFD recommendations (May 2023), signed the PRI (Principles for Responsible Investment) (July 2025), and established an ESG investment policy. The company is advancing initiatives on two fronts—strengthening ESG as a corporate entity and contributing to sustainability through its business—including ESG due diligence prior to investment, semi-annual sustainability checks after investment, the establishment of a human rights policy (May 2025), and the formulation of a harassment prevention policy (November 2024).
Last updated: June 17, 2026