8252
Marui Group Co.
株式会社 丸井グループ
Financial Services · Credit Services
Marui Group Co., Ltd., an investment holding company, engages in the retailing and FinTech businesses in Japan. The company engages in the rental and management of commercial facilities, purchase and sales of clothing and decorative goods, space production, investment trust sales, software development, and computer operations, as well as fashion logistics and building management, short-term insurance, trucking, cargo handling, and advertising businesses. It is also involved in the provision of credit card services, card cash advances, rent guarantees, information system services, debt management and collection services, credit investigation services, building maintenance, and security services; and the operation of Marui/Modi stores. The company was founded in 1931 and is headquartered in Tokyo, Japan.
Read more
← Companies
Overview
Filings & Signals
Ownership
Financials
▾ Collapse Charts
Income Statement
Balance Sheet
Cash Flow
Ratios & Per Share
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Net Sales
—
—
—
¥209.3B
Cost of Sales
¥31.6B
¥29.6B
¥26.1B
¥28.2B
Gross Profit
¥222.8B
¥205.6B
¥191.7B
¥181.1B
SG&A
¥178.2B
¥164.6B
¥153.0B
¥144.3B
Operating Income
¥44.5B
¥41.0B
¥38.8B
¥36.8B
Non-Operating Income
¥942M
¥1.4B
¥869M
¥926M
Dividend Income
¥434M
¥325M
¥272M
¥216M
Non-Operating Expenses
¥5.5B
¥3.6B
¥3.3B
¥2.2B
Interest Expense
¥3.4B
¥1.9B
¥1.5B
¥1.3B
Ordinary Income
¥39.9B
¥38.8B
¥36.4B
¥35.5B
Pre-tax Income
¥39.4B
¥37.5B
¥32.5B
¥26.3B
Income Taxes
¥12.6B
¥12.8B
¥10.9B
¥8.6B
Current Tax
¥14.4B
¥11.7B
¥11.3B
¥8.3B
Deferred Tax
¥-1.9B
¥1.2B
¥-344M
¥288M
Net Income (owners)
¥26.6B
¥24.7B
¥21.5B
¥17.8B
Minority Interest
¥174M
¥-7M
¥59M
¥-90M
Comprehensive Income
¥30.6B
¥25.7B
¥22.3B
¥13.4B
EBITDA
¥58.9B
¥53.6B
¥50.3B
¥48.0B
EPS
¥143.24
¥130.70
¥109.37
¥85.81
Shares Outstanding
181.2M
188.6M
190.1M
200.9M
Shares Issued (total)
208.7M
208.7M
208.7M
208.7M
Treasury Shares
27.5M
20.0M
18.5M
7.7M
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Total Assets
¥1,053.4B
¥1,003.5B
¥962.0B
¥920.0B
Current Assets
¥737.6B
¥709.0B
¥675.9B
¥648.0B
Cash & Deposits
¥49.2B
¥64.6B
¥52.4B
¥39.7B
Inventories
¥480M
¥528M
¥640M
¥1.1B
Non-Current Assets
¥315.8B
¥294.5B
¥286.0B
¥272.0B
PP&E
¥169.1B
¥173.3B
¥167.7B
¥169.3B
Intangible Assets
¥13.8B
¥10.7B
¥9.7B
¥8.9B
Investment Securities
¥46.5B
¥39.5B
¥38.5B
¥36.0B
Deferred Tax Assets
¥18.7B
¥18.5B
¥20.1B
¥20.0B
Total Liabilities
¥806.7B
¥749.9B
¥715.4B
¥658.0B
Current Liabilities
¥276.6B
¥245.7B
¥258.4B
¥266.1B
ST Debt
¥91.4B
¥87.3B
¥103.9B
¥111.2B
Taxes Payable
¥9.6B
¥6.3B
¥6.2B
¥846M
Non-Current Liabilities
¥530.1B
¥504.2B
¥457.0B
¥391.9B
Total LT Borrowings
¥514.9B
¥485.6B
¥433.9B
¥363.0B
Deferred Tax Liab.
¥135M
¥135M
¥135M
¥135M
Total Equity
¥246.6B
¥253.6B
¥246.6B
¥262.1B
Capital Stock
¥35.9B
¥35.9B
¥35.9B
¥35.9B
Capital Surplus
¥92.0B
¥92.0B
¥92.0B
¥91.8B
Retained Earnings
¥171.5B
¥164.5B
¥155.1B
¥147.1B
Treasury Stock
¥-64.2B
¥-46.1B
¥-42.8B
¥-18.3B
AOCI
¥10.8B
¥7.0B
¥5.9B
¥5.1B
Equity (owners)
¥235.3B
¥246.3B
¥240.2B
¥256.5B
Minority Interests
¥496M
¥377M
¥417M
¥438M
Total Interest-Bearing Debt ⓘ
¥606.3B
¥572.9B
¥537.8B
¥474.2B
Net Cash ⓘ
¥-557.1B
¥-508.3B
¥-485.4B
¥-434.4B
NCAV ⓘ
¥-69.1B
¥-40.9B
¥-39.5B
¥-9.9B
NCAV/Share
¥-382
¥-217
¥-208
¥-49
BV/Share
¥1,299
¥1,306
¥1,264
¥1,276
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
Operating CF
¥-4.5B
¥38.0B
¥16.7B
¥11.5B
Interest Paid
¥-3.4B
¥-1.8B
¥-1.5B
¥-1.3B
Interest Received
¥469M
¥361M
¥298M
¥224M
D&A
¥14.4B
¥12.6B
¥11.5B
¥11.2B
Investing CF
¥-13.7B
¥-18.3B
¥-22.4B
¥-13.8B
Purchase Investments
¥-6.8B
¥-3.6B
¥-8.3B
¥-3.6B
Proceeds from Invest.
¥6.5B
¥1.5B
¥1.7B
¥264M
Financing CF
¥2.8B
¥-7.9B
¥18.3B
¥770M
Dividends Paid
¥-19.5B
¥-15.2B
¥-11.0B
¥-11.0B
Share Buybacks
¥-19.2B
¥-3.4B
¥-26.0B
¥-30.6B
LT Debt Repaid
¥-52.5B
¥-38.6B
¥-35.0B
¥-37.0B
Free Cash Flow
¥-4.5B
¥38.0B
¥16.7B
¥11.5B
Net Change in Cash
¥-15.3B
¥11.9B
¥12.6B
¥-1.5B
Metric
FY 2024
EDINET ↗
FY 2023
EDINET ↗
FY 2022
EDINET ↗
FY 2021
EDINET ↗
ROE
10.6%
9.9%
8.5%
6.5%
ROA
2.6%
2.5%
2.3%
1.9%
EPS
¥143.24
¥130.70
¥109.37
¥85.81
DPS
¥106.00
¥101.00
¥59.00
¥52.00
BPS
¥1,362.18
¥1,348.13
¥1,299.97
¥1,307.04
FCF/Share
¥-25
¥201
¥88
¥57
NCAV/Share
¥-382
¥-217
¥-208
¥-49
Payout Ratio
74.0%
77.3%
53.9%
60.6%
Event Timeline
S Shareholder
A Capital Signal
▾ Hide Chart
Large Shareholder Reports 19
Date Activist Stake Event Flag Demands Source
2026-03-30
Mitsubishi UFJ Financial Group Inc.
5.0%
-1.81%
change
Passive
—
2026-02-06
Mizuho Securities Co., Ltd.
6.31%
-1.08%
change
Passive
—
2026-01-09
Mitsubishi UFJ Financial Group Inc.
6.81%
+1.27%
change
Passive
—
2025-12-15
Mitsubishi UFJ Financial Group Inc.
5.54%
+0.3%
change
Passive
—
2025-09-19
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
8.45%
+0.47%
change
Passive
—
2025-07-22
Mitsubishi UFJ Financial Group Inc.
5.24%
-1.43%
change
Passive
—
2025-07-18
BlackRock Japan Co., Ltd.
5.1%
initial_5pct
Passive
—
2025-06-06
Mizuho Securities Co., Ltd.
7.39%
+1.32%
change
Passive
—
2025-06-05
Daiwa Asset Management Co.Ltd.
5.34%
initial_5pct
Passive
—
2025-06-05
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
7.98%
+1.18%
change
Passive
—
2025-06-05
Nomura Asset Management Co., Ltd.
8.36%
change
Passive
—
2024-09-24
Mizuho Securities Co., Ltd.
6.07%
+1.05%
change
Passive
—
2024-07-29
Mitsubishi UFJ Financial Group Inc.
6.67%
+0.08%
change
Passive
—
2024-07-22
Mizuho Securities Co., Ltd.
5.02%
+0.99%
initial_5pct
Passive
—
2024-07-01
Mitsubishi UFJ Financial Group Inc.
6.59%
-0.95%
change
Passive
—
2024-06-07
Mizuho Securities Co., Ltd.
4.03%
change
Passive
—
2024-02-06
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
6.8%
-0.04%
change
Passive
—
2023-12-06
Sumitomo Mitsui Trust Asset Management Co.,Ltd.
6.84%
change
Passive
—
2023-10-16
Mitsubishi UFJ Financial Group Inc.
7.54%
change
Passive
—
Top 10 Shareholders
Ownership DNA
Cross-Holdings Tracker 8
#
Shareholder
Shares (thou.)
% of Total
1
Japan Master Trust Bank
日本マスタートラスト信託銀行(株)(信託口)
43,353
23.94%
2
Japan Custody Bank
(株)日本カストディ銀行(信託口)
27,100
14.96%
3
青井不動産(株)
6,019
3.32%
4
東宝(株)
3,779
2.09%
5
公益財団法人青井奨学会
3,317
1.83%
6
Custody Bank of Japan, Ltd. (Trust Account)
(株)日本カストディ銀行(信託口4)
3,143
1.73%
7
JP MORGAN CHASE BANK
JP MORGAN CHASE BANK 385781(常任代理人 (株)みずほ銀行)
2,957
1.63%
8
MUFG Bank
(株)三菱UFJ銀行
2,904
1.60%
9
青井 忠雄
2,784
1.54%
10
(株)烏山
2,454
1.35%
Domestic Nominees
40.6%
+4.5% vs 2024
Trust bank custodians — GPIF, pensions, investment trusts
Foreign Custodians
0.0%
+0.0% vs 2024
Sub-custodians for foreign asset managers
Direct / Strategic
13.4%
-0.5% vs 2024
Named entities with disclosed investment intent
Shareholder
Trend
2023
2024
2025
Japan Master Trust Bank
日本マスタートラスト信託銀行
23.89%
22.98%
23.94%
+0.96%
Japan Custody Bank
日本カストディ銀行
12.03%
13.15%
16.69%
+3.54%
青井不動産
3.17%
3.19%
3.32%
+0.13%
東宝
1.99%
2.00%
2.09%
+0.09%
公益財団法人青井奨学会
1.71%
1.76%
1.83%
+0.07%
JP MORGAN CHASE BANK
みずほ銀行
1.47%
1.32%
1.63%
+0.31%
MUFG Bank
三菱UFJ銀行
2.29%
1.54%
1.60%
+0.06%
青井 忠雄
1.47%
1.48%
1.54%
+0.06%
烏山
1.29%
1.30%
1.35%
+0.05%
永和不動産
last seen 2024
Exited Top 10
—
1.26%
—
MISAKI ENGAGEMENT MASTER FUND
last seen 2023
Exited Top 10
3.41%
—
—
Concentration (HHI)
ⓘ
755
728
880
3 fiscal years · top-10 holders per year · >2,500 HHI = high concentration · entity-resolved
Portfolio Book Value
¥24,109M
+19% since 2023
Holdings
8
+3 new
3 exited
Trend
2 unwinding
vs 2023
Held Company
FY2025
¥24,109M total
FY2023
¥20,293M total
Book Val ¥M
Shares
Book Val ¥M
Shares
TOHO CO., LTD.
東宝㈱
19,088
2,578,800
13,074
2,578,800
M
Mitsubishi UFJ Financial Group, Inc.
㈱三菱UFJフィナンシャル・グループ
2,453
-50.0%
↓
1,220,000
2,068
2,440,000
Nojima Corporation
㈱ノジマ
1,163
-50.0%
↓
460,000
1,287
920,000
M
Euglena Co., Ltd.
㈱ユーグレナ
1,082
2,139,000
2,008
2,139,000
Ame Kaze Taiyo, Inc.
㈱雨風太陽
167
NEW
New
133,150
—
LANCERS,INC.
ランサーズ㈱
81
NEW
New
386,100
—
㈱ライスカレー
75
NEW
New
94,000
—
The Chiba Bank, Ltd.
㈱千葉銀行
—
—
M
BASE, INC.
BASE㈱
—
−100%
Exit
—
1,715
6,306,000
Sumitomo Mitsui Financial Group, Inc.
㈱三井住友フィナンシャルグループ
—
−100%
Exit
—
79
15,025
WACOAL HOLDINGS CORP.
㈱ワコールホールディングス
—
−100%
Exit
—
62
25,000
Portfolio total
24,109
20,293
Book value in ¥M · ↓ reduced · ↑ increased vs prior year · M = mutual holding