MARUFUJI SHEET PILING CO.,LTD.
8046・Standard Market・Wholesale Trade
Governance
Company with a Board of Corporate Auditors. The Board of Directors consists of 6 members (2 outside directors), and the Board of Corporate Auditors consists of 3 members (2 outside auditors), with 4 independent officers registered. An executive officer system has been introduced, and a Compliance Committee (including an advisory attorney) has been established. Two outside directors participate in the voluntary Compensation Committee.
Risk Management
The company has established a compliance code of conduct, a compliance committee, and a whistleblowing system, with safety, quality, and credit management handled by the head office's supervisory departments and specialized committees. The Internal Audit Office conducts regular audits of each business site, and a framework has been established to identify, evaluate, and manage sustainability risks through the management meeting and related departments.
Shareholder Returns
The year-end dividend for FY2026 (ending March 2026) is ¥200 per share (including a commemorative dividend of ¥10), total dividends of ¥689 million, and a payout ratio of 36.2%. The forecast for FY2027 (ending March 2027), factoring in the stock split (1 share to 5 shares), is ¥38. The company also carried out share buybacks totaling ¥898 million.
Dividend Policy
The basic policy is to continue stable and appropriate profit distribution, with a target payout ratio of approximately 30%. The year-end dividend for FY2026 (ending March 2026) was increased from the initially planned ¥180 (including a commemorative dividend of ¥10) to ¥200 (including a commemorative dividend of ¥10), resulting in total dividends of ¥689 million, a payout ratio of 36.2%, and a dividend-to-net-assets ratio of 2.2%. Actual results for FY2025 (ended March 2025) were ¥130 per share (total of ¥465 million, payout ratio of 30.3%). The dividend forecast for FY2027 (ending March 2027) is ¥38 per share (on a basis after the 1-for-5 stock split effective April 1, 2026, with a payout ratio of 38.6%). Interim dividends are determined by resolution of the Board of Directors, and year-end dividends by resolution of the general shareholders' meeting.
ESG
The core heavy temporary materials leasing business is a circular business model premised on steel reuse, contributing to reduced resource input and CO₂ emissions. The company continues solar power generation on factory rooftops, and on the human capital front, it fully overhauled its personnel system in April 2026, expanding recruitment and training expenses to approximately 18 times the FY2021 level (¥38.2 million). It is also advancing diversity initiatives, including a female employee ratio of 26.2% (targeting 30.0% by 2030) and achieving 100% of the statutory employment rate for persons with disabilities.
Last updated: June 19, 2026