share_log

伸和HD Research Memo(9):株主還元は連結配当性向30%以上目標、上場記念株主優待を実施

Shinwa HD Research Memo (9): Shareholder returns are targeted at a consolidated dividend payout ratio of over 30%, commemorative shareholder benefits will be implemented.

Fisco Japan ·  Dec 20 10:09

Shinwa Holdings <7118> Growth Strategy

2. Shareholder return plan

The company recognizes returning profits to shareholders as an important management issue regarding shareholder returns. It is committed to ensuring necessary internal reserves for business expansion, such as new store openings and production facility enhancements, while strengthening its management foundation and financial structure. The basic policy is to continue stable Dividends based on business performance and financial status. Currently, a consolidated dividend payout ratio of over 30% is set as a goal. Based on this policy, the Financial Estimates for the fiscal year ending March 2025 are set at a dividend of 32.00 yen (a reduction of 1.00 yen compared to the previous term, paid at year-end). The estimated dividend payout ratio is 29.9%.

Additionally, a announcement was made on November 14, 2024, regarding the implementation of a commemorative shareholder benefit in conjunction with the listing on Sapporo Ambitious. Shareholders holding one unit (100 shares) or more of the company's stocks as of the end of January 2025 will receive either a store usage voucher that can be used at the company's directly operated dining establishments and yakitori/delicatessen stores (1,000 yen vouchers x 15 = total amount of 15,000 yen) or the company's original product ("Charcoal Grilled Izakaya En Original Genghis Khan Set" = worth a total of 12,000 yen). The company plans to continue proactive shareholder returns and investor relations activities.


Promoting in-store waste oil recycling activities

3. Sustainability Management

Regarding sustainability management, while the materiality has not been announced at this time, the company aims to contribute to solving social issues and realizing a sustainable society by providing abundance through food to stakeholders. The goal is to increase sustainable corporate value by addressing social issues through business activities (food safety and security, collaboration with producers, reduction of food loss, etc.), promoting the active participation of diverse human resources and enhancing job satisfaction (respect for diversity, fostering individual growth and comfortable working environments), and realizing fair and transparent management. As an example, through its in-store waste oil recycling activities, waste oil generated from each store and factory (approximately 190 tons annually) is recycled into environmentally friendly biodiesel fuel in collaboration with local businesses.

(Authored by FISCO guest analyst Masanobu Mizuta)

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
    Write a comment