MOONBAT shareholders approved a year-end dividend of 41 yen a share at the company’s June 26 annual meeting, with a 10-yen commemorative payment for its 140th anniversary lifting the ordinary payout of 31 yen. The meeting also approved six directors, three Audit and Supervisory Committee directors, and one substitute committee director.
A separate June 29 disclosure filled in the ownership and commercial ties around that governance picture. MOONBAT said Yagi Tsusho, classified as an "other related company" rather than a parent, was its largest shareholder as of March 31 with 24.49% of voting rights. MOONBAT also said it has long-standing procurement and licensing dealings with Yagi Tsusho in fashion accessories, including cooperation to strengthen imported products centered on overseas brands and expand overseas sales channels.
| Item | Detail |
|---|---|
| Year-end dividend | 41 yen per share, made up of 31 yen ordinary and 10 yen commemorative |
| Directors elected | 6, excluding Audit and Supervisory Committee directors |
| Audit and Supervisory Committee directors elected | 3 |
| Substitute committee director elected | 1 |
| Largest shareholder as of March 31 | Yagi Tsusho, 24.49% of voting rights |
| Product purchases from Yagi Tsusho | ¥326.7mn |
| Officer dispatch from Yagi Tsusho | None |
| Planned change in relationship | None planned |
MOONBAT said management decisions are made independently by its board and other internal bodies, and that Yagi Tsusho has not dispatched any officers to the company. As of March 31, MOONBAT reported ¥326.7mn of product purchases from Yagi Tsusho, and said related-party terms are set on broadly similar conditions to dealings with unrelated companies or with reference to market prices.
The company also said no change is planned in Yagi Tsusho’s position within the group or in their relationship. The pair of filings lays out two straightforward points: the cash return approved at the annual meeting, and a dated snapshot of how MOONBAT describes the position and commercial role of its biggest shareholder.