Maruken Lease Reports Major Shareholding by Marubeni Corp, Maintains Independence

TOKYO, Jun 24 (Pulse News Wire) – Maruken Lease CO.,LTD. (9763.T) disclosed that Marubeni Corp holds 37.27% of its voting rights as of March 31, 2026.

Maruken Lease operates within Marubeni's metal segment, focusing on leasing, selling, processing, and construction-related activities involving heavy steel materials. During the fiscal year ending March 2026, transactions between Maruken Lease and Marubeni Group accounted for a significant portion of sales and purchases. Specifically, sales amounted to 1.6% and purchases reached 12.0%.

Additionally, there was one executive who transferred from Marubeni and another who held concurrent positions. In terms of governance, Maruken Lease maintains operational independence through a memorandum signed in 2005, which stipulates that major decisions do not require prior approval from Marubeni. However, the concurrent role of Director Miyazaki Keisuke, who also serves as the head of Marubeni’s Steel Products Division, could influence Maruken Lease’s strategic direction due to his dual responsibilities.

Maruken Lease ensures fair and transparent dealings with Marubeni and its affiliates by adhering to market prices and maintaining consistent standards across all transactions.