Grandy House Corporation
8999・Prime Market・Real Estate
Governance
Company with an Audit and Supervisory Committee. The board consists of 9 directors (4 outside directors, all of whom are members of the Audit and Supervisory Committee), and the company has established a Nomination Advisory Committee, a Compensation Advisory Committee, and a Sustainability Committee. During the fiscal year under review, the Board of Directors met 17 times, with all directors attending every meeting.
Risk Management
The Sustainability Committee is responsible for identifying, evaluating, and managing sustainability-related risks and opportunities, and reports its deliberations to the Board of Directors. Regarding climate change risk, the company has established a framework in which transition risks (such as stricter energy-saving regulations and rising carbon prices) and physical risks (such as the intensification of extreme weather events) are identified and evaluated, with the Board of Directors determining response measures.
Shareholder Returns
The dividend policy targets a DOE of approximately 3.5% as a guideline, with a floor of ¥32 per share. The year-end dividend for FY2026 (ending March 2026) is ¥32 per share (total dividends of ¥936 million, payout ratio of 100.8%). ¥32 per share is also planned for FY2027 (ending March 2027). Only a minimal amount of share buybacks was conducted during the current fiscal year.
Dividend Policy
The basic policy is to pay dividends within the range of consolidated net income for each fiscal year, targeting a net asset dividend rate (DOE) of approximately 3.5%, with the annual dividend per share set at a level not below ¥32. If the financial position deteriorates significantly, such as when consolidated net income results in losses for two or more consecutive fiscal periods, the dividend amount will be reviewed. The basic policy is to pay a year-end dividend once a year. FY2026 (ending March 2026) actual: ¥32 per share (total dividends of ¥936 million, payout ratio of 100.8%, net asset dividend rate of 3.7%). FY2027 (ending March 2027) forecast: ¥32 per share (forecast payout ratio of 84.5%).
ESG
The company has set a target of reducing CO2 emissions (Scope 1+2) to 2,500 t-CO2/year by FY2031 (ending March 2031) (approximately a 25% reduction versus FY2021 (ending March 2021)), with FY2026 (ending March 2026) actual emissions at 2,302.96 t-CO2. In terms of human capital, the company is promoting diversity and health management initiatives, including targets of a 30% female employee ratio and a 10% female manager ratio by FY2030 (ending March 2030), and has obtained "Platinum Kurumin Plus" certification.
Last updated: June 24, 2026