Marubeni Pension Fund (hereinafter, “MPF”), a pension fund of Marubeni, has implemented Japan’s Stewardship Code (hereinafter, the “Code”), which is a set of principles for responsible institutional investors in the capacity of “institutional investors as asset owners.” The Code’s principles are considered to be helpful for institutional investors in fulfilling their “stewardship responsibilities*.”

Marubeni has been making efforts to enhance corporate governance as a platform that ensures sound, transparent, and efficient management in order to increase its corporate value and become a reliable corporate group committed to social and economic development and the preservation of the global environment in accordance with its creed, “Fairness, Innovation, and Harmony.”

Consequently, MPF, in its capacity of an institutional investor as an asset owner establishing its action policies based on the Code, will request asset managers to fulfill their stewardship responsibilities and behave as responsible institutional investors contributing to the enhancement of the corporate value of Marubeni’s investee companies.

 Stewardship responsibilities:
The responsibilities of institutional investors to enhance the medium- to long-term investment return for their clients and beneficiaries by improving and fostering the investee companies’ corporate value and sustainable growth through constructive engagement, or purposeful dialogue, based on in-depth knowledge of the companies and their business environment and consideration of sustainability consistent with their investment management strategies.

References:
MPF’s action policies based on the Code (in Japanese only)
https://www.fsa.go.jp/status/stewardship/list/44.pdf

FSA website (in Japanese only)
https://www.fsa.go.jp/status/stewardshipLink.html