MAKIYA CO., LTD.
9890・Standard Market・Retail Trade
Governance
In June 2025, the company transitioned from a company with a Board of Corporate Auditors to a company with an Audit and Supervisory Committee. The Board of Directors comprises 11 directors (including 5 outside directors), and a Nomination and Compensation Committee as well as a Sustainability Promotion Committee have been established as advisory bodies to the Board of Directors.
Risk Management
The company has established Risk Management Regulations, under which the Sustainability Promotion Committee identifies and analyzes sustainability-related risks such as climate change, environmental risk, and human rights issues, with the Internal Control Audit Office and the Business Audit Office responsible for internal audits.
Shareholder Returns
For FY2026 (ending March 2026), the company will pay an annual dividend of ¥30 (interim ¥15, year-end ¥15; up ¥5 year on year), with a payout ratio of 20.4%. For FY2027 (ending March 2027), an annual dividend of ¥38 (up ¥8 year on year) is planned, with a payout ratio of 25.3% expected. As a medium-term target, the company has set a payout ratio of 25% or higher and improvement in DOE, and will continue its shareholder benefit program (shopping discount vouchers).
Dividend Policy
The basic policy is to maintain stable dividends, paid twice annually as an interim dividend and a year-end dividend. For FY2026 (ending March 2026), the annual dividend is ¥30, comprising an interim dividend of ¥15 and a year-end dividend of ¥15 (up ¥5 year on year, payout ratio of 20.4%, total dividends of ¥300 million). For FY2027 (ending March 2027), the annual dividend is planned at ¥38, comprising an interim dividend of ¥19 and a year-end dividend of ¥19 (up ¥8 year on year, projected payout ratio of 25.3%). As a medium-term management initiative, the company has set a target of a payout ratio of 25% or higher and improvement in DOE (dividend on equity ratio).
ESG
Centered on the three pillars of "Challenge Toward a Zero-Waste Society," "Resonance with Local Living," and "An Organization Where Working Is a Source of Pride and Continuous Learning," the company has set indicators and targets such as CO₂ reduction, reduction of food waste loss, promotion of local production for local consumption, and raising the ratio of female managers (to 18% or more by FY2028 (ending March 2028)), and is working toward these goals. The actual ratio of female managers for the current consolidated fiscal year was 17%.
Last updated: June 29, 2026