YAMADA HOLDINGS CO., LTD.
9831・Prime Market・Retail Trade
Governance
Transitioned to a company with an audit and supervisory committee in June 2024. The board consists of 12 directors (5 independent outside directors, ratio 41.7%), and a voluntary nomination and compensation committee (with a majority of independent outside directors) has been established. Compliance, risk management, and ESG/sustainability promotion committees are also in place, and 16 dedicated internal audit staff function directly under the representative director.
Risk Management
The Risk Management Committee, chaired by the Representative Director, Deputy President and Executive Officer CHRO, is held in principle every month to confirm the identification, assessment, and response status of company-wide risks. A structure has been established whereby important matters are reported to the Board of Directors following deliberation by the Management Strategy Council. For climate change, scenario analysis under 1.5°C and 4.0°C scenarios is conducted, and for nature-related issues, the TNFD LEAP approach is utilized, with risks and opportunities exceeding ¥50 million in revenue impact managed as important items.
Shareholder Returns
The year-end dividend for FY2026 (ending March 2026) is ¥17 per share (total dividends of ¥11,295 million, payout ratio of 77.4%). ¥17 per share is also planned for FY2027 (ending March 2027). During the current period, the Company conducted share buybacks of ¥15,493 million, and has clarified a flexible shareholder return policy utilizing proceeds from the sale of non-core assets.
Dividend Policy
The Company treats dividend stability and continuity as its highest-priority policy, determining dividend amounts in consideration of its financial condition, current-period performance, and internal reserve requirements. The year-end dividend for FY2026 (ending March 2026) is ¥17 per share (an increase from ¥13 in the previous period). ¥17 per share (payout ratio of 40.6%) is also planned for FY2027 (ending March 2027). In addition, the Company has adopted a policy of strategically reallocating proceeds from the sale of non-core business assets (approximately ¥130,000 million in total scale) aimed at achieving a P/B ratio of 1x, directing the funds toward growth investment, M&A, reduction of interest-bearing debt, and flexible shareholder returns (including share buybacks).
ESG
Endorsed the TCFD recommendations and conducted 1.5°C and 4.0°C scenario analyses. The company has set targets of a 42% reduction in Scope 1 and 2 CO₂ emissions by FY2031 (ending March 2031) versus FY2021 (ended March 2021) and a renewable energy ratio of 38%. In FY2026 (ending March 2026), it achieved a 30.8% reduction in emissions and a renewable energy ratio of 21.49%. In terms of human capital, the company recorded a female manager ratio of 4.5% (target: 10% or higher), a male childcare leave uptake rate of 61.9%, and an average training time per employee of 30 hours per year (target achieved). The company has also participated in the TNFD Forum and registered as an Adopter, and is promoting contribution to a circular society through its resource recycling business (182,224 units of home appliances reused).
Last updated: June 25, 2026