Marubeni Corp (STU:MARA)
€ 27 -0.20 (-0.74%) Market Cap: 44.05 Bil Enterprise Value: 51.76 Bil PE Ratio: 15.11 PB Ratio: 1.87 GF Score: 72/100

Full Year 2018 Marubeni Corp Earnings Presentation Transcript

May 10, 2018 / 01:00AM GMT
Release Date Price: €6.5 (+0.15%)
Fumiya Kokubu
Marubeni Corporation - CEO, President & Director

Thank you very much for joining us today. On May 8, we released our financial results for the fiscal year ended March 31, 2018.

I would like to begin by briefly explaining a few points about our results for the year. Consolidated net profit was JPY 211.3 billion. That is an increase of JPY 55.9 billion, or 36% from the previous year, and our highest net profit since the fiscal year ended March 31, 2014.

In nonresources, key profit drivers included Forest Products, which had previously been an area of concern; Agri-Input, centering on Helena; Power; and Transportation & Industrial Machinery, centering on aerospace.

In resources, higher market prices contributed to profit growth in the coal and copper businesses.

We achieved our net profit target of

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