Marubeni Corporation's monthly buyback status report, filed with the Kanto Local Finance Bureau on September 7, 2026, covers share repurchases from August 1 to August 31, 2026, and shows two authorizations moving at once rather than one program closing before the next begins.
The board authorized 20 million shares for up to ¥60.0bn on May 1, 2026, for the period February 5, 2026 to January 29, 2027, an expansion of a smaller ¥15bn authorization the board had approved on February 4. As of August 31, cumulative purchases under that authorization stood at 11,766,800 shares for ¥59,999,869,500, just short of the ¥60.0bn ceiling. The filing's own rounding convention displays that as 100.00% progress by value, even though only 58.83% of the 20 million targeted shares had been bought. Marubeni bought zero shares under this authorization in August itself.
That February-to-January authorization is still running: its acquisition period doesn't end until January 29, 2027. Even so, Marubeni's board approved a second, larger authorization while the first was still open. The August 3 resolution allows buying up to 40 million shares for as much as ¥100bn between August 4, 2026 and March 31, 2027, a period that overlaps the earlier authorization until its January 2027 end date, rather than starting only after that program closes. Execution began immediately: in August alone, Marubeni bought 2,849,700 shares for ¥13,999,070,000, equal to 7.12% of the new share target and 14.00% of the new value ceiling.
The daily pace disclosed for the second half of August is notably steady. From August 12 to August 31, Marubeni bought roughly 200,000 to 208,000 shares on almost every trading day, spending close to ¥1bn daily.
By month-end, Marubeni held 35,797,716 treasury shares against 1,660,758,361 shares issued. The filing records no acquisitions under a shareholder-meeting resolution and reports no disposal activity for the month, so the treasury stock is simply accumulating rather than being retired or reissued.
For readers outside Japan, the filing is a concrete look at how a large trading house manages buybacks as an ongoing mechanism rather than a single announcement. Marubeni is running two overlapping authorizations at once, and its disclosed August purchases show the pace at which it is working toward the newer ¥100bn ceiling. The filing sets a maximum, not a minimum: it does not commit Marubeni to any particular purchase pace for the months remaining before the March 2027 deadline.