About Co-Creation Management Reports
MARUI GROUP would like to thank all of its stakeholders fortheir ongoing support and understanding. We would also liketo thank first-time readers of MARUI GROUP’s co-creation
management reports for taking interest in the Company.
Since its founding in 1931, MARUI GROUP has continued
to evolve its unique business model, which merges retailingand finance, in response to changes in the times and in consumer needs. Today, we are engaged in co-creation management, a practice that entails creating value together with all ofour stakeholders. Our goal is to co-create happiness, which isborn out of the harmony between the interests of all
stakeholders.
As part of these activities for co-creating value, MARUIGROUP has been publishing co-creation management

reports, its unique brand of integrated report, since 2015.
In this, our third co-creation management report, we aim tooffer a detailed picture of MARUI GROUP’s unique businessmodel and the potential for its future.
We have always viewed reports as having a three-year
cycle. This report, Co-Creation Management Report 2017,
will briefly touch on the concept of financial inclusion, andwe intend to focus primarily on this concept in Co-Creation
Sustainability Report 2017, which is scheduled to bereleased early next year.
Beginning with 2018, we plan to report on the co-creation management practices that represent the next stagefor MARUI GROUP, which will come into full swing this year.

Co-Creation Management Reports

Co-Creation Sustainability Reports

Co-creation of customer happinesswith partners

MARUI GROUP’s vision
for 2020

Co-Creation Management

For All Customers

MARUI GROUP’s concept of corporate value

Theme for us as we advance toward the futureHarmony between the Interests andHappiness of All Stakeholders

An Inclusive Society
Offering Happiness to All

Step 1: Fiscal Year Ended March 31, 2015

Co-Creation ManagementDeclaration

Step 2: Fiscal Year Ended March 31, 2016

Co-Creation Management froma Corporate Value Perspective

Scheduled to be
published inJanuary 2018

Step 3: Fiscal Year Ended March 31, 2017

Co-Creation Management
Business Model
Realization of an inclusive society

No one excluded

Unique Business Model Merging
Retailing and Finance

MARUI GROUP’s Vision forFinancial Inclusion

Editorial Policy: Co-Creation Management Report was created with the aim of helping our shareholders, other investors, and various other stakeholders develop a better understanding of MARUI GROUP. This
report contains performance, business, and financial information centered on the Group’s corporate philosophy and business strategies. As an integrated report, it also comprehensively includes non-financial
information on the activities that support the Group’s sustainable growth. The International Integrated Reporting Framework released by the International Integrated Reporting Council in December 2013 wasreferenced in the development of this report.
Cautionary Notice regarding Forward-Looking Statements: Performance forecasts and other forward-looking statements contained in this report represent the Group’s best judgments based on information
available at the time of this report’s publication and therefore contain a degree of uncertainty. It is possible that actual performance could differ materially from these forecasts due to a variety of factors. Economicconditions, foreign exchange rates, and stock price movements are among the factors that could have a major impact on performance.

Co-Creation Management Reportwww.0101maruigroup.co.jp/en/ir/lib/i-report.html

Co-Creation Sustainability Reportwww.0101maruigroup.co.jp/en/sustainability/lib/s-report.html

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