VALOR HOLDINGS CO.,LTD.
9956・Prime Market・Retail Trade
Governance
The company is a company with an audit and supervisory committee, comprising 13 directors (including 5 outside directors). Since 2016, it has combined a holding company structure with an audit and supervisory committee structure, and established a Nomination and Compensation Committee (5 members, including 3 outside directors) to enhance management transparency and oversight functions.
Risk Management
The Company has established a Risk Management Committee and evaluates company-wide risks along two axes—impact and likelihood—based on the
Shareholder Returns
The annual dividend for FY2026 (ending March 2026) is ¥74 (interim ¥35 + year-end ¥39), an increase of ¥6 year-on-year. The payout ratio is 23.7%, and the dividend-to-net-assets ratio is 2.2%. For FY2027 (ending March 2027), an annual dividend of ¥76 (interim ¥38 + year-end ¥38) is forecast. There is effectively no share buyback in place.
Dividend Policy
Dividends are paid twice a year (interim and year-end). The annual dividend for FY2026 (ending March 2026) is ¥74 (interim ¥35 + year-end ¥39), an increase of ¥6 from the previous fiscal year's ¥68, with a payout ratio of 23.7% and a dividend-to-net-assets ratio of 2.2%. The forecast for FY2027 (ending March 2027) is an annual dividend of ¥76 (interim ¥38 + year-end ¥38). The year-end dividend increase for FY2026 (ending March 2026) has already been announced.
ESG
Under its "Sustainability Vision 2030," the company has set targets of a 40% reduction in supply chain GHG emissions by 2030 (versus FY2019) and net zero by 2050, and has conducted scenario analysis based on TCFD recommendations. On the human capital front, against a target of 10% for the ratio of female managers by 2030, the actual result for the current period stood at 8.4%, showing progress. The company has also established a diverse training system, employment of persons with disabilities, and a re-employment system after retirement age, among other initiatives.
Last updated: June 25, 2026