AZ-COM MARUWA Holdings Inc.
9090・Prime Market・Land Transportation
Governance
As a company with a board of company auditors, the company has established a Board of Directors, a Board of Company Auditors, and an accounting auditor, operating with a 14-member board including 6 outside directors. Advisory bodies such as a Nomination and Compensation Committee (with independent outside directors constituting a majority), a Sustainability Committee, and a Special Committee have been established. The Board of Directors met 20 times in FY2026 (ending March 2026).
Risk Management
The company has established a system in which the Risk Management Committee (Chairman: Director Teruaki Yamamoto) determines company-wide risk management policies and measures and reports to the Board of Directors. The Sustainability Promotion Department identifies and evaluates sustainability-related risks, and an integrated risk management process has been established whereby the Board of Directors provides oversight through the Sustainability Committee and the Risk Management Committee.
Shareholder Returns
Continuing progressive dividends with a target consolidated payout ratio of around 40%, distributing dividends twice a year. For FY2026 (ending March 2026), the annual dividend per share is planned at ¥32 (interim ¥16 + year-end ¥16), with total dividends of ¥4,327 million and a payout ratio of 58.1%. For FY2027 (ending March 2027), the annual dividend is also planned at ¥32 (payout ratio of 52.1%).
Dividend Policy
The basic policy is to provide stable and continuous dividends to shareholders by promoting proactive investment for sustainable growth, improving profitability and capital efficiency, and continuing progressive dividends. The target consolidated payout ratio is around 40%, with retained earnings allocated to strengthening the financial position, developing internal infrastructure to accommodate business expansion, reinforcing existing businesses, and developing new businesses. The basic approach is to pay dividends twice a year, an interim dividend and a year-end dividend.
ESG
Based on TCFD recommendations, the company has conducted 1.5°C and 4°C scenario analyses and set GHG emissions reduction targets for Scope 1, 2, and 3 (a 50% reduction in Scope 2 by 2030 and carbon neutrality by 2050). In terms of human capital, the company has set quantitative targets—including tiered training programs through the
Last updated: June 17, 2026