Mar 26, 2020 / NTS GMT
Presentation
Mar 26, 2020 / NTS GMT
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Corporate Participants
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* Nobuhiro Yabe
Marubeni Corporation - Senior Managing Executive Officer, CFO, COO of IR & Credit Ratings and Director
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Nobuhiro Yabe - Marubeni Corporation - Senior Managing Executive Officer, CFO, COO of IR & Credit Ratings and Director
Ladies and gentlemen, this is Nobuhiro Yabe, CFO of Marubeni Corporation. I would like to present using the PowerPoint presentation material.
For the fiscal year ending March 2020, consolidated net profit forecast is revised down by JPY 390 billion from JPY 200 billion we announced on February 5 to the net loss of JPY 190 billion. Now the breakdown of the JPY 390 billion downward revision, onetime items represent JPY 370 billion and the decline of adjusted net profit is JPY 20 billion. As a result of the much lower net profit, the total equity is revised to JPY 1.640 trillion, about JPY 480 billion lower than our previous forecast. As a result, D/E ratio is expected to be 1.2x, 0.3
Full Year 2020 Marubeni Corp Revision of Earnings Forecast Presentation Transcript
Feb 14, 2024
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