Marui Group Co Ltd
TSE:8252

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Marui Group Co Ltd Logo
Marui Group Co Ltd
TSE:8252
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Price: 3 121 JPY -0.35% Market Closed
Market Cap: 573.2B JPY

Marui Group Co Ltd
Investor Relations

Marui Group Co., Ltd., a storied entity in the Japanese retail landscape, is an intriguing blend of tradition and modernity, thriving since its foundation in 1931. With its roots deeply entrenched in the world of retail, Marui has masterfully evolved to embrace the complex synergy of finance and commerce. At its core, Marui operates an array of department stores that seamlessly combine conventional retail shopping with innovative entertainment, creating a unique customer experience. These stores offer a meticulously curated selection of fashion and lifestyle products, drawing on Marui’s keen understanding of evolving consumer trends. The physical retail presence is supported by an expanding e-commerce platform, reflecting Marui's commitment to digital transformation within the ever-changing retail ecosystem.

However, what truly distinguishes Marui Group is its strategic leap into the financial sector, showcasing its adaptability and forward-thinking approach. The company's credit card business, Epos Card, serves as a significant revenue driver, harnessing a deeply integrated business model that capitalizes on its retail customer base. By offering a suite of financial services and products, Marui has successfully created a lucrative feedback loop—boosting consumer spending within its retail environments while garnering interest and fee-based income from the financial sector. This dual focus on retail and finance not only diversifies Marui's business operations but also ensures a steady stream of revenue, cushioning against retail market fluctuations. Through this innovative business model, Marui Group stands as a paragon of resilience and adaptability in a competitive market, continually redefining the intersections between retail and finance.

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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 11, 2025
AI Summary
Q2 2026

Strong Growth: Marui Group reported double-digit growth, with total group transaction volume up 10% to JPY 2.6137 trillion and consolidated operating profit up 23% to JPY 26.4 billion.

Profit Upside: Both Retail and FinTech segments exceeded internal targets for the first half, with Retail operating profit rising to JPY 5.1 billion and FinTech profit hitting a record JPY 25.4 billion.

Guidance Maintained: Full-year forecasts for operating profit (JPY 50 billion) and net income (JPY 28 billion) remain unchanged, reflecting management's confidence despite macro uncertainties.

Shareholder Returns: The company is executing steady shareholder returns, including a maximum buyback limit of up to JPY 20 billion for the second half, and plans additional buybacks if the share price underperforms.

Suki Strategy Success: The 'business that supports Suki' (passion-driven consumption) is driving high engagement: Suki card projects grew to 130, membership rose to 1.26 million, and related events and merchandise sales surged.

High-Value Customers: Suki card users have 2–7x higher lifetime value than standard cards, with main card usage rates of 58% compared to 47% for general cards.

ESG Recognition: Marui Group received a major diversity award for its governance and support of female board members.

Analyst Q&A: Management confirmed first-half results exceeded internal targets, with event-driven retail and large-scale Suki events providing major upside, and discussed continued focus on expanding both retail and FinTech regionally.

Key Financials
Group Transaction Volume
JPY 2.6137 trillion
Operating Profit
JPY 26.4 billion
Underlying Operating Profit (excluding securitization impact)
JPY 24.4 billion
Retail Segment Operating Profit
JPY 5.1 billion
FinTech Segment Operating Profit
JPY 25.4 billion
Ordinary Profit
JPY 23.1 billion
Net Income
JPY 14.8 billion
Credit Card Transaction Volume
JPY 1.2252 trillion
Installment and Revolving Fee Income
JPY 31.5 billion
New Card Memberships (First Half)
430,000
New Gold Card Memberships (First Half)
180,000
Total Cardholders
8.11 million
Suki Card Memberships
1.26 million
Tenant Unoccupied Space
5,200 Tsubo
Proportion of Non-Retail Tenants
65%
Total Assets
JPY 1.1388 trillion
Equity Ratio
22%
Retail Event Sales (First Half)
JPY 5.2 billion
In-House Merchandise Sales (First Half)
JPY 200 million
In-House Merchandise Gross Margin
75%
Share Buyback Limit (Second Half)
up to JPY 20 billion
PER (Price-Earnings Ratio)
21.6x in September
Proportion of Individual Shareholders
13%
Other Earnings Calls
2026
2022

Management

Mr. Hiroshi Aoi
President, CEO, Group Representative Executive Officer & Representative Director
No Bio Available
Mr. Hirotsugu Kato
Managing Executive Officer, CFO & Director
No Bio Available
Takatoyo Ogura
IR Department General Manager
No Bio Available
Mr. Tomoo Ishii
Senior Managing Executive Officer & Chief Human Resource Officer
No Bio Available
Mr. Masao Nakamura
Senior Managing Executive Officer & Chief Security Officer
No Bio Available
Mr. Masahiro Aono
Managing Executive Officer
No Bio Available
Ms. Reiko Kojima
Chief Well-being Officer, Senior Exe. Officer, GM of Wellbeing Promotion Dpt. & Director
No Bio Available
Mr. Akikazu Aida
Managing Executive Officer and Chief Digital Officer & GM of New Project Division
No Bio Available
Takeshi Ebihara
Senior Executive Officer
No Bio Available

Contacts

Address
TOKYO-TO
Nakano-ku
4-3-2, Nakano
Contacts