Q2 2020 Marubeni Corp Earnings Presentation Transcript

Nov 07, 2019 / NTS GMT

Release Date Price: 円785.8 (+0.13%)

Transcript

Masumi Kakinoki

Marubeni Corporation - President, CEO & Director

I am Masumi Kakinoki, CEO of Marubeni Corporation. Thank you for being here today.

First, I'll present our consolidated results for the 6-month period ended September 30, 2019, and the fiscal year forecast, both of which were announced on November 5. CFO Nobuhiro Yabe will then give a more detailed explanation.

Please refer to the figures on Slide 1 and the explanation on Slide 2. Net profit was JPY 111.8 billion, down JPY 40.2 billion or 26% from the same period last year. Adjusted net profit, which excludes onetime items, was JPY 123 billion, a decrease of JPY 8 billion or 6%. Progress against the yearly forecast was 47% for net profit

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