MARUWA CO.,LTD.
5344・Prime Market・Glass & Ceramics Products
Governance
As a company with an Audit and Supervisory Committee, the Board of Directors consists of 7 directors (including 3 independent outside directors, a ratio of 42.9%). A Nomination and Compensation Advisory Committee has been established, with outside directors comprising a majority, ensuring transparency in the selection and remuneration process.
Risk Management
The company has established a Risk Management Committee (chaired by the head of the Administration Division) responsible for identifying and evaluating diverse risks—including legal, intellectual property, environmental, and IT risks—and reporting to the Board of Directors and the Audit and Supervisory Committee. Working in coordination with the Sustainability Committee, the company also manages and monitors sustainability-related risks, including climate change risk, through regular monthly reviews.
Shareholder Returns
Basic policy emphasizes semi-annual dividends (interim and year-end) with a focus on stable, continuous dividend payments. For FY2026 (ending March 2026), the annual dividend per share is ¥102 (interim ¥51 + year-end ¥51), with total dividends of ¥1,258 million and a payout ratio of 6.9%. For FY2027 (ending March 2027), an increase of ¥8 is planned, bringing the annual dividend to ¥110 (interim ¥55 + year-end ¥55).
Dividend Policy
The basic policy places emphasis on continuing stable dividend payments, while also flexibly investing in new growth areas, maintaining and strengthening R&D, and enhancing ESG/SDGs initiatives. Dividends are paid semi-annually (interim and year-end). For FY2026 (ending March 2026), the actual annual dividend per share is ¥102 (interim ¥51 + year-end ¥51), with total dividends of ¥1,258 million and a payout ratio of 6.9%. For FY2027 (ending March 2027), an increase of ¥8 year-on-year is planned, bringing the annual dividend to ¥110 (interim ¥55 + year-end ¥55).
ESG
The company has set targets of a 30% reduction in GHG emissions intensity by FY2030 (versus FY2023) and carbon neutrality by 2050. In FY2025, actual emissions intensity was 0.59 tCO2/¥ million (down 13.2% versus FY2023), and renewable energy power generation reached 2.13 times the FY2023 level. On the human capital front, the paid leave utilization rate reached 93.8% and the male childcare leave utilization rate reached 75.0%, with efforts underway to achieve a 100% target by FY2030.
Last updated: June 12, 2026