Marui Group announces secondary offering of shares

Marui Group announced a secondary offering of 8,938,800 shares of its common stock, as resolved by the board of directors on July 7, 2025. Existing shareholders, including Toho Co., Ltd. (3,779,300 shares) and Mitsubishi UFJ Bank, Ltd. (1,563,200 shares), are participating in the offering. The offering aims to reduce policy-held shares, broaden individual investor participation, particularly among younger investors, and improve stock liquidity. The pricing is yet to be determined but will be set between JPY 0.90 and JPY 1.00 of the closing price of the company's common stock on the Tokyo Stock Exchange between July 14 and July 17, 2025. Nomura Securities will act as the lead manager. An over-allotment option of up to 1,340,800 shares is also available.