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Marubeni Corp
OTC:MARUY

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Marubeni Corp
OTC:MARUY
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Price: 374.42 USD 2.81% Market Closed
Market Cap: $62.2B

Marubeni Corp
Investor Relations

Marubeni is a Japanese general trading company, often called a “sogo shosha.” It buys, sells, and arranges the movement of a wide range of goods, from food and farm products to metals, energy, chemicals, machinery, and consumer goods. It also helps build and manage businesses and projects in areas such as power, infrastructure, transport, and industrial services. Its customers are other businesses and public-sector buyers that need goods, equipment, raw materials, logistics, or project support. Marubeni makes money through trading margins, distribution fees, project development, and returns from businesses it partly owns. In some cases it also earns income by financing deals, managing supply chains, and helping connect producers with end users. What makes Marubeni different is that it is not just a trader. It often acts as a middle layer between producers, shippers, and customers, but it also invests in assets and long-term projects that keep generating revenue after the initial sale. That mix of trading, logistics, and ownership gives it a broader role than a simple wholesaler or broker.

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Last Earnings Call
Fiscal Period
Q3 2021
Call Date
Feb 3, 2021
AI Summary
Q3 2021

Net Profit Growth: Net profit for Q1–Q3 rose 12% year-on-year to JPY 163.8 billion, despite COVID-19 impacts.

Forecast Raised: Full-year net profit forecast was raised by JPY 40 billion to JPY 190 billion, with the adjusted net profit forecast up by the same amount to JPY 210 billion.

Stronger Dividend: Dividend forecast increased to JPY 28 per share (up JPY 6), and year-end dividend forecast revised to JPY 17 per share (up JPY 6).

Cash Flow & Leverage: Core operating cash flow remained strong at JPY 272.9 billion, and net D/E ratio improved to 1.06x.

Segment Drivers: Growth in agri, food, chemicals, and ICT/real estate offset declines in energy, metals, and transport-linked businesses.

COVID-19 Impact: Stable and lifeline businesses maintained or grew profits, while segments tied to travel and resources saw declines.

Investment Focus: Selective investments targeted at strengthening existing businesses; divestments on track with forecasts.

Key Financials
Net Profit
JPY 163.8 billion
Adjusted Net Profit
JPY 176 billion
Core Operating Cash Flow
JPY 272.9 billion
Free Cash Flow after Shareholder Return
minus JPY 1.5 billion
Net Debt-to-Equity Ratio
1.06x
Dividend per Share
JPY 28
New Investments and CapEx
JPY 191.7 billion
Divestment
JPY 69.5 billion
Aircastle Q3 Net Profit
minus JPY 7 billion
Liquidity at Aircastle
$2.2 billion
Liquidity Coverage Ratio at Aircastle
2.9x
Other Earnings Calls

Management

Mr. Koji Kashima
Executive Officer, Senior Operating Officer for CAO & CHRO
No Bio Available
Mr. Daisuke Tsuchiya
Managing Executive Officer and COO of Metals & Mineral Resources Div.
No Bio Available
Mr. Jun Horie
Managing Executive Officer & CEO of Materials Group
No Bio Available
Mr. Ichiro Tsuzuku
Chairman & MD of MIPL
No Bio Available
Takao Ando
Audit & Supervisory Board Member and GM of Risk Management Dept.
No Bio Available
Koji Iwama
Executive Officer & Regional CEO for Oceania
No Bio Available
Mr. Yoshiaki Yokota
Managing Executive Officer & CEO of Energy & Infrastructure Solution Group
No Bio Available
Mr. Jiro Itai
Managing Exec. Officer and CEO of Transportation & Industrial Machinery - Financial Business Group
No Bio Available
Mr. Kosuke Takechi
Managing Executive Officer, Regional CEO of Americas and Regional COO of North & Central America
No Bio Available
Mr. Takashi Fujinaga
Executive Officer & COO of IT Solutions Division
No Bio Available

Contacts

Address
TOKYO-TO
Chiyoda-ku
1-4-2, Otemachi
Contacts
+81332822111.0
www.marubeni.com
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