Verite Co.,Ltd.
9904・Standard Market・Retail Trade
Governance
As a company with a Board of Corporate Auditors, the company operates a monthly Board of Directors with one-year director terms. It has appointed two outside directors and two outside corporate auditors, and has established a Governance Committee to deliberate on transactions with the parent company group. It has also put in place a three-tier oversight structure consisting of an executive officer system, an Internal Control Committee, and an Audit Office.
Risk Management
Under the
Shareholder Returns
For the current fiscal year (FY2026, ending March 2026), the company paid dividends of ¥20.98 per share (¥10.49 at Q1 end + ¥10.49 at Q3 end), with total dividends of ¥569 million and a payout ratio of 176.6%. Starting from the next fiscal year, the dividend policy will be revised to comprehensively consider the enhancement of retained earnings and strengthening of the financial position. The forecast dividend for the next fiscal year (FY2027, ending March 2027) is ¥6.00 per share (payout ratio of 38.9%), representing a significant dividend decrease.
Dividend Policy
For the current fiscal year (FY2026, ending March 2026), under the policy of actively paying dividends within a range that does not impede the maintenance of the minimum cash and working capital necessary for business continuity, the company paid ¥20.98 per share (¥10.49 at Q1 end and ¥10.49 at Q3 end), with total dividends of ¥569 million. At the Board of Directors meeting held on May 13, 2026, the dividend policy was revised. From the next fiscal year onward, while treating shareholder returns as the top priority, the company will maintain stable dividends while comprehensively considering the enhancement of retained earnings for future business development and the strengthening of its financial position. This policy will apply from the dividend based on the record date of the Q1 end of FY2027 (ending March 2027) (June 30, 2026). The forecast annual dividend for the next fiscal year is ¥6.00 per share (payout ratio of 38.9%).
ESG
The company has designated sustainable product procurement as its top sustainability priority, promoting external screening of new business partners and adding sustainability clauses to ongoing basic transaction agreements. On the human capital front, it aims for a 72% ratio of female managers by 2030, having achieved 70.9% as of March 2026. It is also working on workplace environment improvements such as increasing annual holidays and reducing overtime.
Last updated: June 29, 2026