Yamatane Corporation
9305・Prime Market・Wholesale Trade
Governance
Company with an Audit and Supervisory Committee (transitioned to this structure in June 2023). The Board of Directors consists of 12 members, including 7 outside directors (outside director ratio of approximately 58%), and the company has established a voluntary Nomination and Compensation Advisory Committee (with outside directors constituting a majority). The Board of Directors meets 14 times per year and conducts an effectiveness evaluation annually.
Risk Management
The company has established a Risk Management Committee chaired by the President, which formulates risk management policies for the entire group. It encompasses cross-organizational committees such as the Compliance Promotion Committee and the Information Security Committee, and has also put in place a business continuity plan and measures against large-scale earthquakes.
Shareholder Returns
DOE 3% achievement (final-year target) and total return ratio of 70-80% adopted as shareholder return indicators. Annual dividend for FY2026 (ending March 2026) is ¥75 per share (interim ¥35 + year-end ¥40), with a dividend payout ratio of 29.4%. FY2027 (ending March 2027) forecast is an annual dividend of ¥85 (interim ¥35 + year-end ¥50). Share buybacks were also conducted (¥2,640 million in the current period).
Dividend Policy
The basic policy is to pay dividends twice a year, interim and year-end. Under the medium-term management plan "Yamatane 2028 Plan," DOE (consolidated net asset dividend ratio) achievement of 3% (final-year target) and a total return ratio of 70-80% have been adopted as shareholder return indicators. The annual dividend for FY2026 (ending March 2026) is ¥75 per share (interim ¥35 + year-end ¥40), with a dividend payout ratio of 29.4% and a net asset dividend ratio of 2.7%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥85 (interim ¥35 + year-end ¥50), with a projected payout ratio of 40.6%. Note that a 1-for-2 stock split was implemented effective June 1, 2025, and the FY2026 (ending March 2026) annual dividend before adjusting for the split would be equivalent to ¥150. Share buybacks have also been conducted, with the current period's acquisition amount totaling ¥2,640 million.
ESG
The company has set a target of reducing GHG emissions (Scope 1+2) by 50% by 2030 compared to fiscal 2013, with FY2025 actual Scope 1+2 (market-based) emissions of 7,774 t-CO2e. In terms of human capital, a new personnel system will be introduced in April 2026, and the company is advancing its initiatives by setting quantitative targets such as a ratio of women in management positions of 20% or more (target for 2030) and a paid leave utilization rate of 80% or more.
Last updated: June 19, 2026