Q1 2019 Marubeni Corp Earnings Presentation Transcript

Aug 03, 2018 / NTS GMT

Release Date Price: €6.88 (+0.29%)

Transcript

Nobuhiro Yabe

Marubeni Corporation - Managing Executive Officer, CFO, COO of IR & Credit Ratings and Director

Good morning. Let me start my presentation using the A4 PowerPoint slides.

Please turn to Page 1. For the first quarter of the fiscal year ending March 2019, net profit totaled JPY 86.8 billion year-on-year, an increase of JPY 33.1 billion or 62%. This net profit of JPY 86.8 billion is the highest ever for a quarter. Previous record was recorded in the first quarter of the fiscal year ending March 2016 at JPY 71 billion. So we exceeded that by JPY 15.8 billion.

In terms of the breakdown of the profit increase, nonresources centering on Agri-Input Business, Forest Products and Power Business, up JPY 25.3 billion; and resources, centering on energy and coal, up JPY 7.8 billion.

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