We investigated the electronic structure of layered Mn oxide Bi3Mn4O12(NO3) with a Mn honeycomb lattice by x-ray absorption spectroscopy. The valence of Mn was determined to be 4+ with a small charge-transfer energy. We estimated the values of superexchange interactions up to the fourth nearest neighbors (J1, J2, J3, and J4) by unrestricted Hartree-Fock calculations and a perturbation method. We found that the absolute values of J1 through J4 are similar with positive (antiferromagnetic) J1 and J4, and negative (ferromagnetic) J2 and J3, due to Mn-O-O-Mn pathways activated by the smallness of charge-transfer energy. The negative J3 provides magnetic frustration in the honeycomb lattice to prevent long-range ordering.PACS numbers: 71.30.+h, 71.28.+d, 79.60.Dp, Since the resonating valence bond state in geometrically frustrated magnets has been proposed by Anderson [1], spin-disordered ground states in Mott insulators on frustrated lattices have been attracting great interest in condensed-matter physics. The exchange interaction J in a Mott insulator is roughly given by −2t 2 /E g , where t is the transfer integral between the two localized orbitals and E g is the excitation energy across the Mott gap. In Mott insulators on frustrated lattices, spin-disordered systems including organic and inorganic materials [2][3][4][5][6] all have relatively small E g , suggesting that the smallness of E g or the closeness to the Mott transition would be important to realize the spin-disordered ground states.Various insulating transition-metal oxides are known as Mott insulators and can be classified into (i) the Mott-Hubbard type insulators where the Mott gap E g is mainly determined by the Coulomb interaction U between the transition-metal d electrons and (ii) the chargetransfer type insulators where E g is determined by the charge-transfer energy ∆ from the oxygen p state to the transition-metal d state [7]. Therefore, the smallness of E g can be obtained in transition-metal oxides with small U or small ∆. In the small U case, theoretical studies on triangular-lattice Hubbard models proved that a spin-disordered phase is realized near the Mott transition [8][9][10][11], which could be related to the higher order exchange terms. As for the small ∆ case, in addition to