Marubeni Corporation
8002・Prime Market・Wholesale Trade
Governance
The Board of Directors consists of 11 directors (including 7 outside directors, an outside ratio of approximately 64%), clarifying the separation of execution and oversight. The company currently has a Board of Corporate Auditors, but a proposal to transition to a Company with a Nomination Committee, etc. is being put forward at the Ordinary General Meeting of Shareholders in June 2026.
Risk Management
Credit, market, country, foreign exchange and interest rate, and investment risks, among others, are managed individually, while the Risk Management Department conducts integrated risk management (risk asset quantification) on a consolidated basis. Qualitative risks such as sustainability, climate change, compliance, and information security are managed cross-functionally by specialized committees, with the Board of Directors overseeing the overall framework.
Shareholder Returns
Progressive dividends are the basic policy; FY2026 (ending March 2026) annual dividend is ¥107.50 (interim ¥50, year-end ¥57.50), with FY2027 (ending March 2027) forecast at ¥115 annually. Dividend payout ratio is 32.5%. The share buyback allowance has been increased to an upper limit of ¥60.0 billion / 20 million shares. Flexible shareholder returns are implemented with a total payout ratio target of approximately 40%.
Dividend Policy
The basic policy is progressive dividends that increase in line with medium- to long-term profit growth. During the medium-term management strategy "GC2027" period (FY2026 (ending March 2026) to FY2028 (ending March 2028)), progressive dividends will be implemented, and flexible share buybacks will be conducted with a total payout ratio target of approximately 40%. The FY2026 (ending March 2026) actual annual dividend is ¥107.50 (interim ¥50, year-end ¥57.50), with a dividend payout ratio of 32.5%. The FY2027 (ending March 2027) forecast annual dividend is ¥115 (interim ¥57.50, year-end ¥57.50), with a forecast dividend payout ratio of 32.4%. Regarding share buybacks, following a resolution by the Board of Directors dated May 1, 2026, the buyback allowance was increased, and buybacks will be implemented during the period from February 5, 2026 to January 29, 2027, up to an upper limit of 20 million shares and ¥60.0 billion in acquisition value.
ESG
With a target of net-zero GHG emissions by 2050, total Scope 1 and 2 emissions for FY2026 (ending March 2026) were reduced by approximately 8% year on year to 935,294 t-CO2e. The company is advancing initiatives across the environmental, social, and human capital domains by setting concrete indicators and targets, including human rights due diligence, TCFD/TNFD disclosure, a female manager ratio of 10.4% (target: 15% by FY2031, ending March 2031), and selection as a Health & Productivity Stock for four consecutive years.
Last updated: June 12, 2026