Maruhachi Warehouse Company, Limited
9313・Standard Market・Warehousing & Harbor Transportation Services
Maruhachi Warehouse Company, Limited
9313・Standard Market・Warehousing & Harbor Transportation Services
Governance
The company has a Board of Corporate Auditors. The Board of Directors consists of 5 directors (2 of whom are outside directors, an outside ratio of 40%), and the Board of Corporate Auditors consists of 3 auditors (2 of whom are outside auditors). The Board of Directors met 11 times during the fiscal year, with all directors attending all meetings. No Nomination Committee or Compensation Committee has been established. The takeover defense measure (free allotment of stock acquisition rights) was renewed and approved at the Ordinary General Meeting of Shareholders held in February 2025, extending its effective period to February 2028.
Risk Management
Each department assesses and identifies risks, with department heads reporting to the Management Committee. The Management Committee re-evaluates and prioritizes risks, determines countermeasures, and has established a system to report significant issues to the Board of Directors. The General Affairs Department has a Corporate Ethics Officer, and a Corporate Ethics Committee has been established to strengthen the compliance system. Regular audits of subsidiaries are conducted by internal auditors, and thorough management is ensured by having the Company's officers concurrently serve as officers of subsidiaries. Personnel outflow, recruitment, and development have been identified as key risks, addressed through the implementation of education and training programs and improvements to the working environment.
Shareholder Returns
Revised year-end dividend forecast for FY2026 (ending November 2026) to ¥28 per share (up ¥4 year-on-year). Raised from the initial forecast of ¥26 following the upward revision of full-year earnings guidance. Share buybacks can be conducted flexibly via board resolution as stipulated in the Articles of Incorporation.
Dividend Policy
The basic policy is to maintain stable dividends while comprehensively taking into account business performance trends and financial condition when determining profit distribution. Actual annual dividend for FY2025 (ended November 2025) was ¥24 per share (paid entirely as a year-end dividend). The year-end dividend forecast for FY2026 (ending November 2026) is ¥28 per share (annual total of ¥28), revised upward from the initial forecast of ¥26. The revision reflects the upward revision of full-year earnings guidance (profit attributable to owners of parent of ¥480 million, earnings per share of ¥81.06). No interim dividend will be paid.
ESG
The company has established a basic sustainability policy centered on three pillars: compliance-based management, human resource development, and environmental consideration. On the human resources front, it is working to improve employee skills through external education and training programs and the introduction of external tests, and to enhance work-life balance through childcare and eldercare support systems and recommended staggered work hours. On the environmental front, it has set policies promoting energy conservation, resource conservation, and recycling. Quantitative indicators and targets have not yet been established due to the company's employee scale, and this remains under consideration as a future task.
Last updated: February 25, 2026