COX CO., LTD.
9876・Standard Market・Retail Trade
Governance
Company with a Board of Corporate Auditors. Comprises 7 directors (including 2 outside directors, outside ratio approximately 28.6%) and 4 corporate auditors (including 2 outside auditors). The Board of Directors meets 16 times per year. No nomination committee or compensation committee has been established. The accounting auditor is Deloitte Touche Tohmatsu LLC. An Internal Control Committee and a Risk & Compliance Committee have been established, with the Management Audit Office responsible for internal audits.
Risk Management
The company has established a Risk & Compliance Committee based on its Compliance Management Regulations and Risk Management Regulations, identifying risks related to business activities on a monthly basis and conducting an annual evaluation and selection of material risks. Sustainability-related risks are managed in an integrated manner by the SDGs Committee and the Risk & Compliance Committee, with responses being promoted across each department.
Shareholder Returns
The company's basic policy is stable profit distribution to shareholders, but no dividend was paid for the current fiscal year end due to negative retained earnings. The shareholder benefit program (discount coupons usable at each store, granted to shareholders of record as of the end of February each year) continues to be implemented. Share buybacks are permitted under the articles of incorporation via board resolution, but there is no record of any buyback having been carried out in the current fiscal year.
Dividend Policy
The basic policy is to improve business performance and distribute profits appropriately in line with results, but no dividend was paid for the current fiscal year end due to negative retained earnings. The policy is to allocate internal reserves toward capital expenditures such as new store openings and renovations, as well as building management infrastructure.
ESG
The SDGs Committee, established in October 2018, promotes three goals: "Community Building," "Manufacturing," and "People Development." The proportion of recycled materials used in apparel products reached 10.5% in FY2024 results (up 2.7pt year on year). The ratio of female managers stands at 40.8%, and the employment rate of persons with disabilities is 2.66%. The engagement score is CCC rating (46.3), with a target of B rating (50.0) set for FY2025. The male childcare leave uptake rate remained at 0% in FY2024, which remains a challenge.
Last updated: May 20, 2026