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

Q2 2019 Marubeni Corp Earnings Presentation Transcript

Nov 06, 2018 / 01:00AM GMT
Release Date Price: €6.96
Fumiya Kokubu
Marubeni Corporation - President, CEO & Director

I am Fumiya Kokubu, President of Marubeni Corporation. I will briefly explain the key factors in our financial results for the 6-month period ended September 30, 2018. We announced our financial results last Friday.

For the 6 months ended September 30, 2018, net profit was JPY 152 billion, an increase of nearly JPY 50 billion over the same period of the previous fiscal year.

There are a couple of divisions we are concerned about, but overall, I think we achieved solid results.

In non-resources, core businesses achieved profit growth, mainly Power business; Agri-Input Business, which is centered on Helena; and Forest Products, which over the last several years has been of greatest concern, giving us confidence in these results.

In resources, the energy

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