SAN HOLDINGS,INC.
9628・Prime Market・Services
Governance
The Board of Directors consists of 6 members (4 internal, 2 outside directors; outside director ratio of 33.3%), and the company has adopted the Board of Corporate Auditors system. A Nomination Committee and a Compensation Committee have been established as advisory bodies to the Board of Directors, and independence is ensured through resolution requirements that mandate the attendance of all independent outside directors. In FY2025 (ended March 2025), the Board of Directors met 18 times, with an attendance rate of 100% for all directors.
Risk Management
Established a Risk Management Committee and developed the "Risk Management Regulations" and "Crisis Response Manual." The director in charge of legal affairs evaluates and provides guidance on legal risks, and in collaboration with the ESG Promotion Committee, the company has built a framework to identify and assess ESG risks (climate change, human capital, governance) and report them to the Board of Directors. In FY2025 (ended March 2025), the company examined risk management activity policies, monitored progress, and conducted employee training.
Shareholder Returns
The annual dividend forecast for FY2026 (17-month transitional fiscal period ending August 2026) is ¥57 per share (¥28.50 at Q3 end and ¥28.50 at fiscal year-end). Actual results for the previous period (FY2025, ended March 2025) were ¥37 per share annually. The company continues its progressive dividend policy, aiming to maintain or increase dividends without reducing them in principle.
Dividend Policy
The company has adopted a progressive dividend policy, under which it will not reduce dividends in principle and will continuously maintain or increase dividend payments. Actual results for FY2025 (ended March 2025) were ¥37 per share annually (¥12 interim, ¥25 year-end). The dividend forecast for FY2026 (a 17-month transitional fiscal period from April 1, 2025 to August 31, 2026) is ¥57 per share annually (¥28.50 at Q3 end, ¥28.50 at fiscal year-end). There has been no revision from the most recently announced dividend forecast.
ESG
The company established an ESG Promotion Committee and identified five materiality themes: climate change, life-ending services, quality, human capital, and governance. In its climate change response, the company endorses the TCFD recommendations and has conducted 1.5°C/4°C scenario analysis, installed solar power generation at 20 halls, and raised the hybrid vehicle ratio for its funeral cars to 77% (as of March 2025). In human capital, the ratio of female managers was maintained at 12.4% (FY2024) and the employee engagement score at 3.8 points (out of 5), while the compliance and information security training completion rate reached 100%. Greenhouse gas emissions (Scope 1+2) totaled 8,452 t-CO₂ in FY2024 (including the Kizuna HD Group).
Last updated: June 26, 2025