YAMATO HOLDINGS CO., LTD.
9064・Prime Market・Land Transportation
Governance
As a company with a Board of Corporate Auditors, the company is composed of 7 directors (5 of whom are outside directors) and 5 corporate auditors (3 of whom are outside auditors). The Board of Directors is chaired by an outside director, and a Nomination and Compensation Committee (with a majority of outside directors) has been established to strengthen management transparency and oversight functions.
Risk Management
The Compliance & Risk Committee has been established on a group-wide basis to oversee risk across the entire group in accordance with the Basic Risk Management Regulations. Sustainability risks are deliberated by the Yamato Group Environmental Committee and the Social Domain Promotion Committee, with a framework in place under which important matters are resolved by the Management Committee and the Board of Directors.
Shareholder Returns
Annual dividend maintained at ¥46 per share (interim ¥23, year-end ¥23), unchanged from the previous fiscal year. Payout ratio was 106.8%. The same ¥46 dividend is forecast for FY2027 (ending March 2027). Share buybacks of ¥18,915 million were executed. The company targets a payout ratio of 40% or more and will flexibly consider share buybacks in light of progress on growth investments and other factors.
Dividend Policy
The company aims for a payout ratio of 40% or more based on profit attributable to owners of parent, and pays dividends twice a year (interim and year-end). The annual dividend for FY2026 (ending March 2026) was ¥46 per share (interim ¥23, year-end ¥23), with total dividends of ¥14,588 million and a payout ratio of 106.8%. For FY2027 (ending March 2027), the annual dividend is forecast to remain at ¥46 (interim ¥23, year-end ¥23). Regarding share buybacks, the company will flexibly consider them based on the progress of growth investments, cash flow trends, share price, and other factors. During the fiscal year under review, the company acquired ¥18,915 million of treasury shares. From the perspective of financial soundness, the company targets an equity ratio of around 45% and a D/E ratio of approximately 0.3 to 0.5 times.
ESG
The company promotes EV adoption and renewable energy utilization with the goal of achieving net-zero GHG emissions by 2050 and a 48% reduction by FY2030 (versus FY2021 (ending March 2021)). Scope 1+2 emissions for FY2026 (ending March 2026) were 751,787 tCO2e (a 20% reduction from the same base year). In terms of human capital, the company has set targets for FY2027 (ending March 2027) of a 10% ratio of female managers (FY2026 (ending March 2026) actual: 6.9%), a 3.1% employment rate for persons with disabilities, and a 100% completion rate for human rights and harassment training, and also conducts scenario analysis based on TCFD recommendations.
Last updated: June 12, 2026