MARUWN CORPORATION
9067・Standard Market・Land Transportation
Governance
Company with an Audit and Supervisory Committee. As of the filing date of the Annual Securities Report, the Board of Directors consists of 8 members (including 5 outside directors, of which 4 are outside directors serving as members of the Audit and Supervisory Committee), giving an outside director ratio of 62.5%. The Board of Directors met 15 times during the year, with all directors achieving a 100% attendance rate. No establishment of a Nomination Committee or Compensation Committee is confirmed in the Annual Securities Report.
Risk Management
The Marunkun Group has established its Basic Policy on Risk Management, under which the Risk Management Committee evaluates and selects sustainability and climate change risks and reports them to the Management Committee and the Board of Directors (at least once a year). The Group ensures the effectiveness of risk management across the entire Group by combining the Internal Control Committee (held twice a year), internal audits conducted by the Audit Office, and the Group's internal whistleblowing system.
Shareholder Returns
For FY2026 (ending March 2026), the interim dividend was ¥8 per share with no year-end dividend, resulting in an annual dividend of ¥8 per share (total dividends of ¥231 million, payout ratio of 19.6%). The year-end dividend was withheld due to the planned delisting following the completion of the tender offer by Senko Group Holdings. The earnings and dividend forecasts for FY2027 (ending March 2027) have not been disclosed.
Dividend Policy
The company has maintained a stable dividend policy targeting a consolidated payout ratio of 50% or more, with a minimum of ¥8 per share, but for FY2026 (ending March 2026) it resolved not to pay a year-end dividend due to the completion of the tender offer by Senko Group Holdings and the planned delisting. The dividend for the current period consists solely of the interim dividend of ¥8 per share paid in December 2025 (annual dividend of ¥8). Note that the company's shares are scheduled to be delisted on June 4, 2026, and no dividend forecast for FY2027 (ending March 2027) has been provided.
ESG
Identified six materiality items: formation of a decarbonized society, reduction of environmental impact, improvement of transportation safety, improvement of occupational health and safety, promotion of diversity, and thorough compliance. CO₂ emissions (Scope 1+2) were 34,977 t-CO₂ in FY2024, a 10.8% reduction versus FY2019, with a target of reducing emissions by 20% or more versus FY2019 by FY2030. Female hiring ratio of 52.9%, female managerial ratio of 4.7%, and employment rate of persons with disabilities of 3.4% (FY2024 results). Scenario analysis under 1.5°C/4°C scenarios based on TCFD recommendations has been conducted, identifying and disclosing carbon tax, declining oil demand, abnormal weather, and other factors as key risks.
Last updated: June 24, 2025